Trends - United Arab Emirates - Business Recorder

United Arab Emirates

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf were mixed in early trade on Thursday, with the Dubai index falling the most after...

Published 03 Feb, 2022 01:36pm

Markets

UAE non-oil private sector growth slows in January as COVID restricts demand

DUBAI: The United Arab Emirates' non-oil private sector growth fell in January to its slowest in six months despite...

Published 03 Feb, 2022 09:51am

World

UAE says it blocked drone attack, shadowy group claims responsibility

DUBAI: The United Arab Emirates said late on Wednesday it intercepted three drones that entered its airspace over...

Updated 03 Feb, 2022 03:01pm

Markets

UAE December CPI up 2.5% year-on-year

DUBAI: United Arab Emirates' (UAE) consumer price index (CPI) rose 2.5% in December from a year earlier, fueled by...

Published 02 Feb, 2022 11:21am

Markets

Top oil producers eye modest output boost as prices surge

LONDON: The 23 members of the OPEC+ oil cartel, who meet on Wednesday, are expected to stick to their guns and...

Published 02 Feb, 2022 09:44am

Markets

Oil rises, heads for best month since Feb 2021 on supply concerns

Brent crude rises $1.07, or 1.2%, to $91.10 a barrel at 0325 GMT

Published 31 Jan, 2022 12:07pm

World

Israeli President Herzog makes first UAE visit

DUBAI: Israeli President Isaac Herzog arrived in the United Arab Emirates on Sunday on the first such visit, his...

Updated 30 Jan, 2022 05:25pm

Markets

Singapore fuel oil stocks surge as net imports near 1-1/2-year high

SINGAPORE: Singapore residual fuel oil inventories jumped 12% in the week ended Jan. 26, rising to a near five-month...

Published 27 Jan, 2022 03:40pm

World

Cheap and nasty: Yemen's home-grown drones pose challenge for UAE

DUBAI: Domestically assembled drones that can fly hundreds of miles (kilometres) are proving a security headache for...

Updated 27 Jan, 2022 02:06pm

World

Abbas rival delivers one million vaccine doses to Gaza

RAFAH, Palestinian Territories: One million doses of coronavirus vaccine arrived in Gaza from the United Arab...

Published 26 Jan, 2022 06:25pm

Markets

Emirates NBD's 2021 profit up 34%, says in better shape for higher rates

DUBAI: Emirates NBD's annual profit rose 34% as improved economic activity boosted investment banking income, ...

Published 26 Jan, 2022 02:01pm

Sports

Australian cricketers nervous about Pakistan tour: report

Australia are scheduled to play 3 Tests, 3 ODIs and 1 Twenty20 match in Pakistan starting March 3

Published 26 Jan, 2022 01:17pm

UAE blocks missiles as Houthis attack region’s business hub

DUBAI: The United Arab Emirates, the tourism and commercial hub of the Gulf region, on Monday said it had foiled a...

Published 25 Jan, 2022 05:03am

World

UAE blocks missiles as Yemen's Houthis attack region's business hub

DUBAI: The United Arab Emirates, the tourism and commercial hub of the Gulf region, on Monday said it had foiled a...

Published 24 Jan, 2022 10:19pm

World

UAE bans drones for a month after Yemeni Houthi attack

ABU DHABI: The United Arab Emirates has banned the use of drones for one month, days after Yemen's Houthi rebels...

Published 23 Jan, 2022 01:36pm

World

UAE says missiles, drones used in attack, some intercepted

DUBAI: Cruise missiles and ballistic missiles were used alongside drones in Monday's attack on the United Arab...

Published 20 Jan, 2022 03:41pm

World

Dubai's Network International says spending in UAE above pre-pandemic levels

DUBAI: Dubai-based payments processor Network International said on Thursday spending in the United Arab Emirates...

Published 20 Jan, 2022 01:30pm

World

Biden says administration mulling re-designating Yemen's Houthis a terrorist group

WASHINGTON: US President Joe Biden said on Wednesday his administration is considering re-designating Yemen's Houthi...

Published 20 Jan, 2022 12:47pm

Markets

Turkey strikes currency swap deal with UAE as ties warm

ISTANBUL: Turkey and the United Arab Emirates said on Wednesday they had agreed a nearly $5-billion swap deal in...

Published 19 Jan, 2022 02:41pm

Pakistan

Pakistan's economic woes put PM Imran's future in doubt

Khan promised to sweep away decades of entrenched corruption and cronyism when his Pakistan Tehreek-e-Insaf party swept to power in 2018

Published 19 Jan, 2022 01:22pm

Opinion

Iran can help de-escalate situation

A Houthi drone strike on Abu Dhabi in which three people, including a Pakistani, were killed and Saudi-led...

Published 19 Jan, 2022 06:15am

Markets

Abu Dhabi bourse shrugs off attack, Saudi at 15-year high

Abu Dhabi's stock market rebounded on Tuesday, a day after the emirate witnessed a deadly attack, while the Saudi...

Updated 18 Jan, 2022 06:52pm

World

Black diamond, largest ever cut, goes on show in Dubai

DUBAI: The world's largest known cut diamond went on public display for the first time Monday ahead of its sale, ...

Published 17 Jan, 2022 07:39pm

World

Pakistani among 3 dead in UAE suspected drone attack

Preliminary investigations indicate detection of small flying objects, possibly belonging to drones, that fell in the two areas and may have caused the explosion and fire, police say

Updated 17 Jan, 2022 06:57pm

Markets

UAE's Fujairah marine fuel sales sink to 3-month low in December

SINGAPORE: Sales of marine fuel in the United Arab Emirates' (UAE) Fujairah marine refuelling and oil storage hub...

Published 17 Jan, 2022 11:18am

Markets

UAE non-oil private sector activity grows for 13th month running in Dec

DUBAI: The United Arab Emirates' non-oil private sector expanded strongly in December, logging its 13th straight...

Updated 05 Jan, 2022 11:40am

World

Houthis seize 'hostile' vessel off Yemen which Saudis say carried medical equipment

The Iran-aligned Houthi movement that controls most of northern Yemen hijacked a United Arab Emirates-flagged cargo...

Updated 03 Jan, 2022 02:31pm

Gulf Arab countries on alert for heavy rains

DUBAI: Authorities in several Gulf countries renewed weather warnings on Sunday as several days of heavy rains ...

Published 03 Jan, 2022 06:42am

World

UAE approves Sinopharm's protein-based vaccine

DUBAI: The United Arab Emirates has approved emergency use of Sinopharm's protein-based COVID-19 vaccine and it will...

Published 28 Dec, 2021 12:04pm

World

UAE issues first civil marriage license for non-Muslim couple

ABU DHABI: The UAE issued its first civil marriage license for a non-Muslim couple, state media reported Monday, as...

Updated 27 Dec, 2021 08:03pm

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 29 The Pakistan General Insurance Co. Ltd.(PKGI)	4.42 ▲ 0.62 (16.32%)
Popular Islamic / Mar 29 Popular Islamic Modaraba(PIM)	8.15 ▲ 1.00 (13.99%)
KASB Modaraba / Mar 29 KASB Modaraba(KASBM)	1.24 ▲ 0.15 (13.76%)
Invest Bank / Mar 29 Invest Capital Investment Bank Limited(ICIBL)	1.19 ▲ 0.10 (9.17%)
J.K.Spinning / Mar 29 J.K. Spinning Mills Limited(JKSM)	43.32 ▲ 3.02 (7.49%)
Khairpur / Mar 29 Khairpur Sugar Mills Limited(KPUS)	67.61 ▲ 4.71 (7.49%)
Quetta Textile / Mar 29 Quetta Textile Mills Limited(QUET)	15.22 ▲ 1.06 (7.49%)
Zahid Jee Textile / Mar 29 Zahidjee Textile Mills Limited(ZAHID)	26.87 ▲ 1.87 (7.48%)
Shield Corp. / Mar 29 Shield Corporation Limited(SCL)	304 ▲ 20.89 (7.38%)
Shifa Int.Hosp / Mar 29 Shifa International Hospitals Limited(SHFA)	119 ▲ 8.00 (7.21%)

Stock	Price
Pak. P.V.C. / Mar 29 Pakistan PVC Limited(PPVC)	3.91 ▼ -0.99 (-20.20%)
First Pak Mod. / Mar 29 First Pak Modaraba(PAKMI)	1.20 ▼ -0.20 (-14.29%)
Bilal Fibres / Mar 29 Bilal Fibres Limited(BILF)	2.15 ▼ -0.29 (-11.89%)
Unicap Modaraba / Mar 29 Unicap Modaraba(UCAPM)	1.61 ▼ -0.19 (-10.56%)
U.D.L.Modaraba / Mar 29 First UDL Modaraba(FUDLM)	4.71 ▼ -0.49 (-9.42%)
Media Times Ltd / Mar 29 Media Times Limited(MDTL)	1.82 ▼ -0.16 (-8.08%)
Ghazi Fabrics / Mar 29 Ghazi Fabrics International Limited(GFIL)	4.07 ▼ -0.34 (-7.71%)
Saritow Spinning / Mar 29 Saritow Spinning Mills Limited(SSML)	4.03 ▼ -0.33 (-7.57%)
Metro Steel / Mar 29 Metropolitan Steel Corporation Limited(MSCL)	27.39 ▼ -2.22 (-7.50%)
Nimir Ind.Chem. / Mar 29 Nimir Industrial Chemicals Limited(NICL)	57.77 ▼ -4.68 (-7.49%)

Stock	Volume
Telecard Limited / Mar 29 Telecard Limited(TELE)	23,781,500 ▼ -0.33
WorldCall Telecom / Mar 29 Worldcall Telecom Limited(WTL)	9,342,048 ▼ -0.02
Pakistan Alumin / Mar 29 Pakistan Aluminium Beverage Cans Limited(PABC)	7,635,500 ▼ -2.29
Pak Int.Bulk / Mar 29 Pakistan International Bulk Terminal(PIBTL)	5,999,500 ▼ -0.17
Nishat Mills Ltd / Mar 29 Nishat Mills Limited(NML)	4,517,772 ▼ -0.92
Shifa Int.Hosp / Mar 29 Shifa International Hospitals Limited(SHFA)	4,299,000 ▲ 8.00
Pak Elektron / Mar 29 Pak Elektron Limited(PAEL)	4,048,000 ▼ -0.07
K-Electric Ltd. / Mar 29 K-Electric Limited(KEL)	3,769,542 ▼ -0.02
Habib Bank / Mar 29 Habib Bank Limited(HBL)	3,527,993 ▼ -1.26
D.G.K.Cement / Mar 29 D.G. Khan Cement Company Limited(DGKC)	3,430,473 ▼ -0.07

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 29	284
USD PKR Interbank Buying / Mar 29	283.40
USD to Japanese Yen / Mar 29	131.67
USD to Swiss Franc / Mar 29	0.92
Pound Sterling to USD / Mar 29	1.23
Euro to USD / Mar 29	1.08
UK LIBOR % / Mar 28	4.81

Stock	Volume
S&P 500 / Mar 28	3971.27
Nasdaq / Mar 28	11716.08
Dow Jones / Mar 28	32394.25
India Sensex / Mar 29	57772.50
Tokyo Nikkei / Mar 29	27883.78
Hang Seng / Mar 29	20191.68
FTSE 100 / Mar 29	7506.30
Germany DAX 30 / Mar 29	15242.54
France CAC40 / Mar 29	7139.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 28	18935
Gold 10 Grams PKR / Mar 28	175411
Crude Oil USD/Barrel / Mar 29	73.63
Gold Spot USD/Ounce / Mar 29	1966.74
Cotton US¢/pound / Mar 29	82

United Arab Emirates

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