Trends - United Arab Emirates - Business Recorder

United Arab Emirates

Summer means suffering: how workers survive intense Gulf heat

DUBAI: Like millions of other migrant labourers in the Gulf, one of the world’s hottest and driest regions,...

Published 26 Jun, 2022 10:07am

Business & Finance

UAE state firms plan $30bn in purchase deals for local manufacturers

DUBAI: State firms in the United Arab Emirates will allocate 110 billion dirhams ($30 bn) in potential purchase...

Published 21 Jun, 2022 12:59pm

World

Iran says ‘train not derailed’ in nuclear talks

TEHRAN: Iran said Monday the “train has still not derailed” in negotiations aiming to restore the 2015 nuclear deal...

Published 20 Jun, 2022 03:29pm

World

Israeli PM Bennett visits Abu Dhabi, to meet UAE president

JERUSALEM: Israeli Prime Minister Naftali Bennett arrived in the United Arab Emirates on Thursday and will meet its...

Published 09 Jun, 2022 03:36pm

Markets

UAE central bank expects real GDP growth to reach 4.2% next year

DUBAI: The United Arab Emirates central bank said on Wednesday it expects real GDP growth to reach 4.2% next year,...

Published 08 Jun, 2022 04:24pm

Sports

Australia are used to the hard road to the World Cup: Arnold

Australia are used to travelling the “hard way” to World Cups and are ready to take on the United Arab Emirates in...

Published 07 Jun, 2022 10:40am

World

UAE achieves 100% COVID vaccination target

The United Arab Emirates has vaccinated all those who must be vaccinated against COVID-19 in the oil-rich Gulf Arab...

Published 02 Jun, 2022 01:25pm

Markets

Saudi Arabia to raise oil production if Russian output falls under sanctions

Saudi Arabia is prepared to raise its oil production if Russia’s output falls substantially because of the western...

Published 02 Jun, 2022 12:24pm

Business & Finance

Israel, United Arab Emirates to sign free trade deal on Tuesday

JERUSALEM: Israel and the United Arab Emirates (UAE) will sign a free trade agreement in Dubai on Tuesday in a move...

Updated 30 May, 2022 12:59pm

World

Two killed, 120 injured in Abu Dhabi gas explosion

ABU DHABI: Two people were killed and 120 injured in a gas cylinder explosion in a restaurant in the United Arab...

Updated 24 May, 2022 01:46pm

World

World's tallest building engulfed as Mideast sandstorms hit UAE

DUBAI: The world's tallest building disappeared behind a grey layer of dust on Wednesday as sandstorms that have...

Published 18 May, 2022 06:51pm

World

Kamala Harris leads high-level US team to meet new UAE leader

ABU DHABI: US Vice President Kamala Harris was Monday leading a high-level delegation to meet the United Arab...

Published 16 May, 2022 06:14pm

Markets

Vodafone shares jump 4% after UAE group buys 9.8% stake

LONDON: Shares in Vodafone jumped 4% in early trade on Monday after the United Arab Emirates-based telecoms company...

Updated 16 May, 2022 01:40pm

World

Sheikh Mohammed bin Zayed elected UAE president

DUBAI: The United Arab Emirates’ leader Sheikh Mohammed bin Zayed al-Nahyan was elected president of the Gulf Arab...

Published 14 May, 2022 03:04pm

Technology

Foreign food delivery drivers stage rare strike in Dubai

Foreign food-delivery workers in the United Arab Emirates staged a mass walk out on Monday, calling for better pay...

Published 10 May, 2022 11:19am

World

UAE to introduce unemployment insurance in latest economic reforms

DUBAI: The United Arab Emirates will introduce a form of unemployment insurance, the cabinet said on Monday, the...

Published 09 May, 2022 06:37pm

Business & Finance

Emirates A380 planes pay homage to Dubai’s Museum of the Future

The first Emirates A380 to sport the new livery was set to fly to Los Angeles, US on May 5

Published 06 May, 2022 01:00am

Markets

Abu Dhabi licences Kraken to operate crypto exchange

DUBAI: Abu Dhabi Global Market (ADGM) said on Monday it has licenced the Kraken group to operate a regulated virtual...

Published 25 Apr, 2022 12:50pm

World

Dubai school operator Taaleem in preliminary talks for IPO

DUBAI: Dubai school operator Taaleem is in preliminary talks with banks for an initial public offering in Dubai, two...

Published 11 Apr, 2022 06:51am

Markets

Expansion of UAE non-oil private sector holds steady in March

DUBAI: The United Arab Emirates' non-oil private sector expanded at the same solid rate in March as it did the...

Updated 05 Apr, 2022 12:41pm

Markets

Shares turn mixed, 2-year Treasury yields near 2.5%

SYDNEY: World share markets were mixed on Monday amid talk of yet more sanctions against Russia over its invasion of...

Published 04 Apr, 2022 11:26am

Business & Finance

Israel and UAE finalise free trade deal

JERUSALEM: Israel and the United Arab Emirates have concluded negotiations for a free trade agreement, Israel's...

Published 01 Apr, 2022 03:41pm

Markets

UAE will work with OPEC+ to stabilise oil market, says energy minister

DUBAI: The United Arab Emirates will work with OPEC+ to make sure the energy market is stable, UAE energy minister...

Published 28 Mar, 2022 11:57am

World

Blinken, Arab officials in Israel for ‘Negev Summit’

JERUSALEM: US Secretary of State Antony Blinken and four top Arab diplomats arrived Sunday in southern Israel for a...

Published 28 Mar, 2022 10:53am

Sports

Khawaja and Smith miss milestones as Australia crawl to 232-5 in third Test

LAHORE: Opener Usman Khawaja missed a century by nine runs Monday and Steve Smith fell short of completing 8,000...

Updated 21 Mar, 2022 06:12pm

World

UAE keen to cooperate with Russia on energy security, says UAE minister

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

Published 17 Mar, 2022 03:18pm

Business & Finance

UAE, Australia plan to begin bilateral trade talks

DUBAI: The United Arab Emirates plans to begin talks with Australia about a trade agreement, officials from the two...

Published 17 Mar, 2022 01:42pm

World

British PM meets Saudi, UAE leaders as war roils oil prices

ABU DHABI: British Prime Minister Boris Johnson began lobbying Saudi Arabia and the United Arab Emirates to pump...

Updated 16 Mar, 2022 06:17pm

Markets

UAE reaffirms committment to OPEC+ agreement

DUBAI: The United Arab Emirates on Thursday reaffirmed its committment to OPEC+ alliance agreements, a day after an...

Published 10 Mar, 2022 01:44pm

Business & Finance

UAE envoy says trade deal with Israel will be signed this month

DUBAI: The United Arab Emirates and Israel will sign a trade and investment pact during March, the Gulf state's...

Updated 09 Mar, 2022 06:25pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 25 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 25 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 25 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 25 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 25 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 25 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 25 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 25 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 25 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 25 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 25 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 25 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 25 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 25 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 25 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 25 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 25 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 25 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

United Arab Emirates

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