Trends - United Arab Emirates - Business Recorder

United Arab Emirates

Cementing ties, UAE buys 80 French-made Rafale warplanes

DUBAI: The United Arab Emirates ordered 80 Rafale fighter jets on Friday, the largest order ever for the warplane, a...

Published 03 Dec, 2021 02:28pm

Markets

Most Gulf bourses tumble on vaccine efficacy concerns

DUBAI: Most Gulf bourses ended lower on Tuesday, mirroring weakened global shares and oil prices, although the...

Published 01 Dec, 2021 03:52am

Business & Finance

UAE: Rich Gulf state looking beyond oil

ABU DHABI: The United Arab Emirates, which turns 50 on December 2, is a wealthy Gulf oil state and economic hub that...

Published 30 Nov, 2021 12:27pm

World

Erdogan says also plans steps with Egypt, Israel after UAE visit

ANKARA: President Tayyip Erdogan said Turkey would take steps to improve ties with estranged rivals Egypt and Israel...

Published 29 Nov, 2021 04:37pm

World

New UAE criminal code among 40 legal changes in reform push

DUBAI: The United Arab Emirates on Saturday said a new criminal code would come into force in January as part of ...

Published 28 Nov, 2021 05:19pm

Business & Finance

Bahrain outlook improves on fiscal reforms, S&P says

DUBAI: S&P Global Ratings has revised Bahrain's outlook to 'stable' from 'negative' on the back of new fiscal...

Published 28 Nov, 2021 01:03pm

World

New UAE criminal code among 40 legal changes in reform push

DUBAI: The United Arab Emirates on Saturday said a new criminal code would come into force in January as part of ...

Published 28 Nov, 2021 05:38am

Markets

UAE is fully committed to OPEC+ agreement, has no ‘prior stance’

DUBAI: The United Arab Emirates is fully committed to the OPEC+ agreement and has no "prior stance" ahead of an...

Published 25 Nov, 2021 10:41am

Business & Finance

UAE is building 'first green hydrogen plant' in Middle East

DUBAI: The United Arab Emirates has started building "the first green hydrogen plant in the Middle East" and testing...

Updated 23 Nov, 2021 03:57pm

Business & Finance

UAE free trade talks with India and Indonesia going well, minister says

DUBAI: Free trade talks between the United Arab Emirates and India and Indonesia, are making good progress, the Gulf...

Published 17 Nov, 2021 01:12pm

World

UAE working to de-escalate tensions with Iran, senior official says

DUBAI: The United Arab Emirates is taking steps to de-escalate tensions with Iran as part of a policy choice towards...

Published 16 Nov, 2021 12:44pm

Business & Finance

Israeli minister says UAE oil pipeline deal should be scrapped

JERUSALEM: Israel's energy minister said on Tuesday a deal with partners from the United Arab Emirates to transport...

Updated 16 Nov, 2021 01:10pm

World

Gulf states in first joint naval exercise with Israel: US

MANAMA: The United Arab Emirates and Bahrain are holding their first joint naval exercise with Israel, a year after...

Published 12 Nov, 2021 04:46am

World

UAE top diplomat on first Syria visit in over a decade

DAMASCUS: The United Arab Emirates' top diplomat met Syria's President Bashar al-Assad in Damascus Tuesday, state...

Updated 09 Nov, 2021 09:49pm

Sports

Shastri hails India as one of cricket's 'greatest teams'

Already-eliminated India thrashed Namibia in their final Twenty20 World Cup match
Game also ended Shastri's five-year tenure as coach of the national side

Updated 09 Nov, 2021 02:16pm

World

Oil-rich UAE to burn waste to make power

SHARJAH: With rubbish piling up in the desert, the United Arab Emirates has found a new way to get rid of its trash...

Published 04 Nov, 2021 10:06am

Sports

Adaptability the watchword as Mitchell turns opener

Variable conditions in the United Arab Emirates have made the ability to adapt a vital skill for all teams at the...

Published 02 Nov, 2021 11:49am

World

UAE approves Pfizer COVID-19 vaccine for ages 5-11

DUBAI: The United Arab Emirates has approved for emergency use the Pfizer-BioNtech COVID-19 vaccine for children ...

Published 01 Nov, 2021 11:13am

Sports

'You need a break': Bumrah says India suffering 'bubble fatigue'

India are struggling from 'bubble fatigue' amid the COVID-19 pandemic and the players are feeling the effects of...

Published 01 Nov, 2021 09:43am

Sports

Scaffolding to Sachin's storm: Sharjah's 40-year love of cricket

SHARJAH: Sharjah's love affair with cricket extends into the Twenty20 World Cup as memories of Javed Miandad's...

Published 30 Oct, 2021 11:19am

Business & Finance

Saudi imports from UAE jump back up in August

DUBAI: The value of Saudi Arabia's imports from the United Arab Emirates (UAE) in August increased by about 31% ...

Published 25 Oct, 2021 12:53pm

World

UAE's daily COVID-19 cases fall below 100

DUBAI: The United Arab Emirates on Sunday recorded a drop in daily COVID-19 cases to below 100 for the first time...

Published 17 Oct, 2021 08:13pm

Sports

Kohli gets a last shot at World Cup glory as India captain

DUBAI: Virat Kohli will be looking for a fairytale ending to his leadership of India's Twenty20 team as he chases an...

Published 14 Oct, 2021 10:18am

World

Dubai police say $136m worth of cocaine seized

DUBAI: The UAE authorities seized half a tonne of cocaine worth more than $136 million, Dubai police said on Sunday,...

Published 11 Oct, 2021 04:32am

President, UAE PM reaffirm resolve to strengthen ties

ISLAMABAD: President Dr Arif Alvi and Vice President and Prime Minister of the United Arab Emirates Sheikh Rashid Al...

Published 10 Oct, 2021 04:16am

Pakistan

President leaves for UAE today

ISLAMABAD: President Dr Arif Alvi today (Saturday) will leave for the United Arab Emirates for two-day official ...

Published 09 Oct, 2021 04:10am

Sports

UAE stadiums to be at 70% capacity for T20 World Cup

Stadiums in the United Arab Emirates (UAE) will operate at 70% of capacity for the Twenty20 World Cup, the ...

Updated 04 Oct, 2021 05:07pm

World

Israel foreign minister lands in Bahrain on landmark visit

MANAMA: Israel's Foreign Minister Yair Lapid began a landmark visit Thursday to Bahrain where he will open the...

Published 30 Sep, 2021 12:36pm

Pakistan seeks trade deals with Saudi Arabia, UAE, Oman

DUBAI: Pakistan will pursue individual trade deals with Saudi Arabia, the United Arab Emirates and Oman, Abdul Razak...

Updated 27 Sep, 2021 09:47am

World

UAE to give conglomerate favourable treatment after local hiring pledge

DUBAI: The United Arab Emirates will give favourable treatment to a locally-owned conglomerate after it pledged on...

Published 19 Sep, 2021 03:56am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	5.96 ▲ 0.71 (13.52%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
S.G.Power / Nov 29 S.G. Power Limited(SGPL)	5.20 ▲ 0.49 (10.40%)
Askari Life Assur. / Nov 29 Askari Life Assurance Company Limited(ALAC)	6 ▲ 0.55 (10.09%)
Media Times Ltd / Nov 29 Media Times Limited(MDTL)	1.81 ▲ 0.15 (9.04%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Ist.Dawood Bank / Nov 29 First Dawood Investment Bank Limited(FDIBL)	2.50 ▲ 0.19 (8.23%)
Escorts Bank / Nov 29 Escorts Investment Bank Limited(ESBL)	4.98 ▲ 0.37 (8.03%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)

Stock	Price
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Adamjee Life Assur. / Nov 29 Adamjee Life Assurance Company Limited(ALIFE)	25.06 ▼ -1.94 (-7.19%)
J.K.Spinning / Nov 29 J.K. Spinning Mills Limited(JKSM)	48.25 ▼ -3.65 (-7.03%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)
Aisha Steel(ConPS) / Nov 29 Aisha Steel(ConPS)(ASLPS)	7.20 ▼ -0.50 (-6.49%)
Nazir Cotton Mills / Nov 29 Nazir Cotton Mills Limited(NCML)	3.46 ▼ -0.24 (-6.49%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▼ -0.12
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.02
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.20
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.03
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▼ -0.08
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.17
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.32
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▲ 0.02
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.28
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -0.49

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

Calculate your monthly liability in FY24

United Arab Emirates

Most Popular Articles