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In Istanbul and Dubai, Russians pile into property to shelter from sanctions

Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial ...

Published 29 Mar, 2022 05:49am

Business & Finance

PIA’s overall revenues take a dip of only 10pc in 2021

KARACHI: PIA has announced its annual financial reports for the year 2021. The overall performance of PIA remained...

Published 29 Mar, 2022 05:49am

World

Egypt’s FM to join summit of Arab, US diplomats in Israel

JERUSALEM: Egypt’s foreign minister will take part in groundbreaking talks in Israel from Sunday alongside his...

Published 26 Mar, 2022 05:24pm

Pakistan

Aeon & Trisl again set benchmark by consecutively winning top position

KARACHI: Aeon & Trisl, is a multinational real estate brokerage firm with headquarter in Dubai, UAE and regional...

Published 25 Mar, 2022 05:47am

Pakistan

Expo 2020 Dubai: where Pakistan stood out for all the right reasons

DUBAI: Since it was first revealed in October last year, the Pakistan Pavilion has caused quite a stir at the Expo...

Updated 25 Mar, 2022 10:31am

Life & Style

How to make the most of the last few days of Expo 2020 Dubai

Pro tips to help visitors make the most of their experience

Updated 24 Mar, 2022 05:31pm

World

Deals on the cards during PM’s UAE visit

ISLAMABAD: The United Arab Emirates (UAE) has shown a willingness to sign a number of pacts during the forthcoming...

Updated 24 Mar, 2022 09:45am

World

Egypt's Sisi hosts UAE, Israeli leaders at Red Sea resort

CAIRO: Egyptian President Abdel Fattah al-Sisi hosted talks Tuesday with Israeli Prime Minister Naftali Bennett and...

Published 22 Mar, 2022 06:51pm

World

UAE opens door for Assad’s return to Arab fold

BEIRUT: A surprise visit by Syria’s Bashar al-Assad to the oil-rich United Arab Emirates opens the door to his...

Published 21 Mar, 2022 07:26am

World

US says ‘troubled’ by Assad visit to ally UAE

DUBAI: Syrian President Bashar al-Assad’s visit to the United Arab Emirates left the US “profoundly...

Published 20 Mar, 2022 06:04am

Markets

Germany, seeking to pare Russia energy, courts Qatar and UAE for deals

BERLIN: German Economy Minister Robert Habeck said on Saturday that he will explore liquefied natural gas (LNG)...

Published 19 Mar, 2022 06:10pm

World

Most crew members from UAE sunken ship rescued by Iranian team

DUBAI: All but one of the 30 crew members of a United Arab Emirates cargo ship that sank off Iran have been rescued,...

Published 18 Mar, 2022 05:20am

Markets

UAE keen to cooperate with Russia on energy security: minister

DUBAI: The United Arab Emirates is keen to cooperate with Russia on improving global energy security, UAE Foreign...

Published 18 Mar, 2022 05:20am

World

Thirty crew from sunken UAE ship awaiting rescue near Iranian coast

DUBAI: A United Arab Emirates ship transporting cars sank 30 miles from Iran’s Assaluyeh port, the country’s...

Published 17 Mar, 2022 01:37pm

Opinion

The FATF ordeal

The four-day-long sixth plenary meeting of the Financial Action Task Force (FATF) concluded on March 4, 2022 with...

Published 11 Mar, 2022 05:12am

World

Fearing West's wrath, Russia's rich look to stash wealth in Dubai

DUBAI: Rich Russians are trying to shift some of their wealth from Europe to Dubai to shield assets from a...

Published 10 Mar, 2022 04:52pm

UAE wants to acquire Guddu Power Plant

Federal cabinet has approved the financial evaluation of the 747-MW power plant for subsequent privatisation

Updated 10 Mar, 2022 10:27am

World

Dubai farming goes high-tech!

KARACHI: It’s not easy to imagine agriculture and fresh produce growing in the UAE given much of it is desert, but...

Updated 09 Mar, 2022 11:34am

World

Spain’s former king Juan Carlos to stay in UAE: royal family

MADRID: Spain’s former king Juan Carlos said he will stay in Abu Dhabi despite the closure of investigations into...

Published 08 Mar, 2022 12:21pm

PM launches ‘Ehsaas Riayat Ration’ programme

ISLAMABAD: Prime Minister Imran Khan Monday said the historic tax collection has enabled the government to reduce...

Updated 08 Mar, 2022 10:05am

World

UAE sends 30 tonnes of aid for war-hit Ukraine

DUBAI: The United Arab Emirates said it flew 30 tonnes of aid and medical supplies to Poland for transportation to...

Published 07 Mar, 2022 05:51pm

Business & Finance

What does Dubai’s new corporate tax mean for its competitive edge?

KARACHI: The UAE has long remained a magnet for foreign firms because they don’t have to pay any corporate tax. ...

Updated 04 Mar, 2022 12:14pm

World

UNSC imposes arms embargo on Yemen’s Houthi group

UNITED NATIONS: The United Nations Security Council on Monday imposed an arms embargo on Yemen’s Iran-aligned...

Published 01 Mar, 2022 05:34am

World

Looming FATF decision on dirty money list poses risks for UAE

DUBAI: A global financial crime watchdog will decide this week whether the United Arab Emirates has made enough...

Published 01 Mar, 2022 05:34am

World

UAE not taking sides in Ukraine conflict

ABU DHABI: The United Arab Emirates wants to encourage a political solution in the Ukraine conflict and taking sides...

Published 28 Feb, 2022 07:35am

Business & Finance

UAE's non-oil foreign trade up 27% in 2021

DUBAI: The United Arab Emirates recorded a 27% year-on-year jump in its non-oil foreign trade to 1.9 trillion ...

Published 27 Feb, 2022 06:08pm

UAE defence ministry says to buy Chinese aircraft

DUBAI: The United Arab Emirates said Wednesday it plans to buy a dozen Chinese L15 aircraft, as it seeks to bolster...

Published 24 Feb, 2022 06:34am

World

Turkey asks UAE to repatriate mob leader Peker: Anadolu

ANKARA: Turkey's Justice Ministry has sent a request to the United Arab Emirates to detain and repatriate Sedat...

Published 23 Feb, 2022 02:03pm

World

No full recovery until 2024, says Dubai airports chief

DUBAI: Passenger traffic at Dubai international airport, the world’s busiest, will not recover to pre-Covid levels...

Published 23 Feb, 2022 04:54am

Sports

Ireland, UAE qualify for T20 World Cup

MUSCAT: Ireland booked their spot at this year's T20 World Cup with a comfortable 56-run victory over hosts Oman in...

Published 22 Feb, 2022 06:57pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Jul 4 Kohinoor Power Company Limited(KOHP)	4.00 ▲ 0.30 (8.11%)
AL-Noor Sugar / Jul 4 Al-Noor Sugar Mills Limited(ALNRS)	51.76 ▲ 3.61 (7.50%)
K.S.B.Pumps / Jul 4 KSB Pumps Company Limited(KSBP)	152.80 ▲ 10.66 (7.50%)
Sanofi-Aventis / Jul 4 Sanofi-Aventis Pakistan Limited(SAPL)	1234.61 ▲ 86.13 (7.50%)
Artistic Denim / Jul 4 Artistic Denim Mills Limited(ADMM)	61.27 ▲ 4.27 (7.49%)
Bolan Casting / Jul 4 Bolan Castings Limited(BCL)	57.56 ▲ 4.01 (7.49%)
MithchellsFruit / Jul 4 Mitchells Fruit Farms Limited(MFFL)	98.56 ▲ 6.87 (7.49%)
Zahid Jee Tex. / Jul 4 Zahidjee Textile Mills Limited(ZAHID)	26.80 ▲ 1.80 (7.20%)
Wah-Noble / Jul 4 Wah Noble Chemicals Limited(WAHN)	199.99 ▲ 12.47 (6.65%)
Shaheen Ins. / Jul 4 Shaheen Insurance Company Limited(SHNI)	3.60 ▲ 0.20 (5.88%)

Stock	Price
Sakrand Sugar / Jul 4 Sakrand Sugar Mills Limited(SKRS)	7.92 ▲ -0.68 (-7.91%)
Tri-Star Power / Jul 4 Tri-Star Power Limited(TSPL)	3.50 ▲ -0.29 (-7.65%)
Leather Up Ltd. / Jul 4 Leather Up Limited(LEUL)	12.50 ▲ -1.01 (-7.48%)
Universal Network / Jul 4 Universal Network Systems Limited(GEMUNSL)	47.50 ▲ -3.80 (-7.41%)
Habib Rice Products / Jul 4 Habib Rice Product Limited(HRPL)	33.13 ▲ -2.37 (-6.68%)
Premier Insurance / Jul 4 Premier Insurance Limited(PINL)	4.05 ▲ -0.29 (-6.68%)
J. D. W. / Jul 4 JDW Sugar Mills Limited(JDWS)	215.00 ▲ -15.00 (-6.52%)
United Insurance / Jul 4 The United Insurance Company(UNIC)	8.00 ▲ -0.54 (-6.32%)
Pak Gen.Ins. / Jul 4 The Pakistan General Insurance Co. Ltd.(PKGI)	10.85 ▲ -0.64 (-5.57%)
Quice Food / Jul 4 Quice Food Industries Limited(QUICE)	3.60 ▲ -0.17 (-4.51%)

Stock	Volume
Sui North Gas / Jul 4 Sui Northern Gas Pipelines Limited(SNGP)	8,220,369 ▼ 0.00
Agritech Limited / Jul 4 Agritech Limited(AGL)	5,480,000 ▼ 0.00
Cnergyico PK / Jul 4 Cnergyico PK Limited(CNERGY)	1,027,308 ▼ 0.00
WorldCall Telecom / Jul 4 Worldcall Telecom Limited(WTL)	979,500 ▼ 0.00
Pak Refinery / Jul 4 Pakistan Refinery Limited(PRL)	910,287 ▼ 0.00
Unity Foods Ltd / Jul 4 Unity Foods Limited(UNITY)	749,039 ▼ 0.00
Ghand Nissan / Jul 4 Ghandhara Nissan Limited(GHNL)	716,000 ▼ 0.00
K-Electric Ltd. / Jul 4 K-Electric Limited(KEL)	689,500 ▼ 0.00
Ghani Glo Hol / Jul 4 Ghani Global Holdings Limited(GGL)	565,330 ▼ 0.00
TPL Properties / Jul 4 TPL Properties Limited(TPLP)	558,723 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

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