Trends - uae - Business Recorder

uae

Emirates Group reports record profit of $5.1bn for FY 2023-24

KARACHI: The Emirates Group has announced its best-ever financial performance for the fiscal year 2023-24, reporting...

Published 15 May, 2024 05:53am

Pakistan

UAE CG, Sindh CS discuss collaborative projects

KARACHI: In a meeting between the Consul General of the United Arab Emirates (UAE) Bakheet Ateeq AL Remeithi, and...

Published 15 May, 2024 05:47am

Business & Finance

Q2 of FY24: Industrial production records contraction for 4th consecutive quarter

KARACHI: The industrial production recorded contraction for the fourth consecutive quarter in the second quarter of...

Published 15 May, 2024 05:47am

Business & Finance

Pakistan highlighted as ‘core part’ of Emirates’ strategy as Dubai’s annual Arabian Travel Market event concludes

DUBAI: Pakistan was highlighted as a “core part” of Emirates’ growth strategy as the annual Arabian Travel Market...

Updated 11 May, 2024 10:52pm

World

‘More discreet’: Israeli aggression in Gaza cools once red-hot business ties with UAE

JERUSALEM/DUBAI: Israeli aggression in Gaza has cooled business activity with the United Arab Emirates, with the...

Published 08 May, 2024 06:56pm

Life & Style

‘Beygumbano’ talks colonialism and capitalism at World Art Dubai 2024

Sparking “great curiosity” among art aficionados at World Art Dubai 2024, Pakistani artist Eemaan Bano Rahman lauded...

Updated 06 May, 2024 06:06pm

Business & Finance

TDAP chief, UAE CG discuss bilateral trade relations

KARACHI: In a significant diplomatic exchange, the Chief Executive of the Trade Development Authority of Pakistan...

Published 04 May, 2024 05:48am

Pakistan

PKRC concerned over outcomes of meeting in Dubai

LAHORE: The Pakistan Kissan Rabita Committee (PKRC) has expressed its deep concern over the outcomes of the first...

Published 03 May, 2024 06:29am

World

Schools, offices shut as heavy rain returns to desert UAE

DUBAI: Schools and many offices were closed across the United Arab Emirates on Thursday as heavy rains returned to...

Published 02 May, 2024 09:11pm

Life & Style

Katrina Kaif rejects global ‘standards of beauty’

Bollywood actor is set to launch her brand Kay Beauty in UAE

Published 02 May, 2024 05:37pm

Markets

Targeting GCC markets, TOMCL completes first phase of expansion

Pakistani meat processor The Organic Meat Company Limited (TOMCL) has completed the first phase of its operations...

Updated 02 May, 2024 08:15pm

World

Abu Dhabi developer Aldar posts 88% Q1 profit leap, optimistic on Egypt

DUBAI: Abu Dhabi’s biggest developer, Aldar Properties plans to speed development activity across its markets and is...

Published 29 Apr, 2024 05:32pm

Opinion

Israel outmaneuvered by Iran

Following Israel’s airstrike on Iran’s consulate in Damascus, Syria, the Islamic republic’s military and...

Published 28 Apr, 2024 02:56am

Efforts to outsource airports get good response

KARACHI: The efforts to outsource the country’s airports have received a good response as several foreign airport...

Updated 28 Apr, 2024 09:19am

World

UAE economy grew 3.3% in first nine months of 2023

DUBAI: The United Arab Emirates (UAE) economy grew 3.3% in the first nine months of 2023, preliminary GDP data from...

Published 25 Apr, 2024 01:21pm

World

UAE announces $544 million for repairs after record rains

DUBAI: The United Arab Emirates announced $544 million to repair the homes of Emirati families on Wednesday after...

Published 24 Apr, 2024 07:34pm

World

UAE and Oman sign deals worth $35bn on state visit

DUBAI: Emirati and Omani companies have signed deals worth 129 billion dirhams ($35.12 billion) in sectors including...

Published 23 Apr, 2024 03:03pm

Business & Finance

Outsourcing of KPT terminals’ operations: UAE’s AD Ports makes upfront fee payment

KARACHI: AD Ports Group presented Federal Minister Maritime Affairs with a cheque marking the upfront fees payment...

Published 23 Apr, 2024 03:41am

Business & Finance

UAE businessmen: Aurangzeb makes a pitch for investments

ISLAMABAD: Federal Minister for Finance and Revenue, Aurangzeb has held meeting with foreign investors including...

Published 23 Apr, 2024 03:41am

Pakistan

Aurangzeb pitches Pakistan’s ‘competitive advantages’ in meeting with UAE businesses

Federal Minister for Finance Muhammad Aurangzeb urged UAE businesses to enhance investment activity in Pakistan as...

Updated 22 Apr, 2024 10:15pm

World

Housing solutions, food distribution: 5 ways Dubai dealt with record rains

Crown Prince Sheikh Hamdan directs early disbursement of April salaries for Dubai government employees

Updated 22 Apr, 2024 05:49pm

Business & Finance

IMF, WB steering committee stresses accountability as reforms advance

WASHINGTON: The steering committee for both International Monetary Fund and the World Bank on Saturday emphasized ...

Published 21 Apr, 2024 04:10am

Opinion

Innovative diplomacy with the US, KSA and Iran

The convergence of diplomatic engagements between Pakistan, USA, Kingdom of Saudi Arabia (KSA) and Iran amidst...

Published 20 Apr, 2024 04:18am

World

UAE launches relief operation in Gaza’s bombed out second city

DUBAI: The UAE said Friday it had launched a major relief operation in the Gaza Strip’s bombed out second city of...

Published 19 Apr, 2024 11:28pm

World

Dubai rains provide ‘opportunity to enhance emergency response systems’: Crown Prince

Sheikh Hamdan says he is closely monitoring situation to address challenges that emergency response teams faced

Published 19 Apr, 2024 11:51am

World

Dubai faces massive clean up after deluge swamps glitzy desert city

DUBAI: Dubai, a city in the desert proud of its modern gloss, faced the towering task on Thursday of clearing its...

Published 18 Apr, 2024 10:06pm

World

In pictures: life in glitzy Dubai disrupted after record rain

DUBAI: Dubai’s giant highways were clogged by flooding and airport passengers were urged to stay away on Wednesday...

Published 18 Apr, 2024 12:44am

World

Life disrupted in UAE as heavy storms take toll

Flooding has hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and leaving cars stranded

Published 16 Apr, 2024 10:45pm

Life & Style

10 years in a row: Dubai International Airport named world’s busiest

For the tenth consecutive time, the Dubai International Airport (DXB) was named the busiest in the world for 2023 by...

Published 16 Apr, 2024 09:26pm

World

Heavy storms soak Gulf as Oman toll rises to 18

DUBAI: Torrential rains and high winds lashed parts of the Gulf on Tuesday as the death toll from storms in Oman...

Published 16 Apr, 2024 05:23pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.37
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 14	5246.68
India Sensex / May 14	73104.61
Tokyo Nikkei / May 14	38552.29
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42

Item	Value
Crude Oil USD/Barrel / May 14	78.51
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2357
Cotton US¢/pound / May 14	73.78
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 15 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 15 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 15 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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