MENA - Business Recorder

Africa

South Africa reports nearly 20,000 COVID-19 cases, an Omicron-wave record

JOHANNESBURG: South Africa reported nearly 20,000 new COVID-19 cases on Wednesday, a record since the Omicron ...

Published 08 Dec, 2021 11:06pm

Africa

Seven UN peacekeepers killed in central Mali explosion

BAMAKO: An explosion on Wednesday in central Mali killed seven United Nations peacekeepers and seriously wounded...

Published 08 Dec, 2021 09:33pm

Middle East

Iran denounces new US sanctions over rights abuses

TEHRAN: Iran has voiced criticism over new US sanctions imposed on a dozen Iranian entities and officials accused of...

Published 08 Dec, 2021 07:57pm

Middle East

Bahrain parliament approves value-added tax increase to 10%

DUBAI: Bahrain's parliament has approved the doubling of value-added tax to 10%, a member of parliament said, a...

Published 08 Dec, 2021 06:47pm

Saudi prince visits UAE as new Khashoggi controversy swirls

DUBAI: Saudi Arabia's de facto leader pressed on with a Gulf tour Wednesday after French police said they had...

Published 08 Dec, 2021 04:04pm

Africa

Gunmen torch bus, kill 30 passengers in Nigeria's Sokoto state

BAUCHI: At least 30 passengers on a bus in Nigeria's Sokoto state were burnt to death when gunmen torched it on...

Published 08 Dec, 2021 12:37pm

2021-12-08-02-21

UAE to shift to Saturday-Sunday weekend in line with global markets

DUBAI: The United Arab Emirates will shift to a working week of four and half days with a Saturday-Sunday weekend...

Published 08 Dec, 2021 06:22am

Middle East

Israel announces completion of underground Gaza border barrier

OCCUPIED JERUSALEM: Israel on Tuesday announced the completion of a sensor-equipped underground wall on its side of...

Published 08 Dec, 2021 06:22am

Middle East

Saudi coalition bombs Sanaa in tit-for-tat violence with Houthis

DUBAI: The Saudi-led coalition fighting in Yemen said on Tuesday it bombed military targets in the capital Sanaa...

Published 08 Dec, 2021 06:22am

Europe

UAE delegation in Ankara for defence talks

ANKARA: A delegation of United Arab Emirates government officials is in Ankara to discuss "cooperation ...

Published 07 Dec, 2021 08:39pm

Middle East

Iran nuclear proposals 'not a reasonable basis' for accord: France

PARIS: Proposals submitted by Iran at talks in Vienna last week aimed at reviving the 2015 nuclear deal fall well...

Published 07 Dec, 2021 07:12pm

Stocks

Dubai leads major Gulf bourses higher as Omicron fears ease

Most stock markets in the Gulf rose in early trade on Tuesday, on receding worries about the impact of the Omicron...

Published 07 Dec, 2021 02:20pm

UAE announces move to Saturday-Sunday weekend, state news agency

DUBAI: The United Arab Emirates will transition to a four and half-day working week starting next year, with the ...

Published 07 Dec, 2021 01:51pm

Africa

Kenyan police officer kills six in shooting rampage

NAIROBI: A Kenyan police officer shot dead six people in a rampage through the capital, Nairobi, on Tuesday and then...

Published 07 Dec, 2021 12:25pm

Israeli air strikes hit Latakia port: Syrian state media

DAMASCUS: Israeli air strikes hit the Syrian port of Latakia early Tuesday, according to Syrian state media, in a...

Published 07 Dec, 2021 10:33am

Middle East

Saudi strikes Sanaa after Yemen Huthis fire missile: official media

RIYADH: Saudi Arabia said early Tuesday it had launched overnight air raids against targets in Yemen in retaliation...

Published 07 Dec, 2021 10:08am

Middle East

Iran says hopes to turn page in ties with UAE

TEHRAN: Iran expressed hopes Monday to turn the page in its ties with the United Arab Emirates during a rare visit ...

Published 07 Dec, 2021 06:29am

Europe

Turkey, Qatar pacts expected from Erdogan visit, no plan to seek Doha assistance

DOHA: Doha and Ankara are set to sign dozens of agreements during Turkish President Tayyip Erdogan's visit to Qatar...

Updated 06 Dec, 2021 06:44pm

Middle East

UAE security official pays rare visit to Iran to discuss ties, regional issues

DUBAI: The United Arab Emirates' senior national security adviser met his Iranian counterpart and President Ebrahim...

Published 06 Dec, 2021 06:13pm

Saudi crown prince will start tour of Gulf region on Monday

DUBAI: Saudi Arabia's de facto ruler Crown Prince Mohammed bin Salman will start a tour of Gulf Arab states on ...

Published 06 Dec, 2021 01:01pm

Africa

'Extreme' vaccine discrimination risks leaving Africa behind

LONDON: Africa has little chance of overcoming the COVID-19 pandemic unless 70% of its population is vaccinated by...

Published 06 Dec, 2021 11:20am

Africa

Gambian President Barrow wins re-election; opposition cries foul

BANJUL: Gambian President Adama Barrow has comfortably won re-election, the electoral commission said on Sunday,...

Published 06 Dec, 2021 11:18am

Middle East

Saudi Arabia approves entry of tourists jabbed with Sputnik

MOSCOW: Saudi Arabia has granted approval for people vaccinated with Russia’s Sputnik jab to enter the country in ...

Published 06 Dec, 2021 06:19am

Middle East

UAE official expected in Tehran on rare visit

TEHRAN: A senior Emirati security official is due in Iran on Monday, ISNA news agency reported, in the latest...

Published 06 Dec, 2021 06:19am

Africa

Sudan top general denies military could run in elections

KHARTOUM: Sudan’s top general Abdel Fattah al-Burhan on Sunday denied that military and paramilitary members of ...

Published 06 Dec, 2021 06:19am

Africa

Senegal detects first case of Omicron variant

DAKAR: A first case of the Omicron variant of Covid-19 has been reported in Senegal, in a visitor who was leaving ...

Published 05 Dec, 2021 05:41pm

Middle East

Saudi Arabia approves entry of tourists jabbed with Sputnik

MOSCOW: Saudi Arabia has granted approval for people vaccinated with Russia's Sputnik jab to enter the country in a...

Updated 05 Dec, 2021 05:29pm

Middle East

UAE's top security official to visit Iran on Monday: Iranian media

DUBAI: The United Arab Emirates' top national security adviser Sheikh Tahnoon bin Zayed Al Nahyan will visit Iran on...

Published 05 Dec, 2021 04:55pm

Saudi non-oil private sector keeps expanding, jobs growth modest

DUBAI: Saudi Arabia's non-oil private sector continued to grow in November on the back of strong demand and modest...

Published 05 Dec, 2021 12:02pm

Europe

Macron thanks Qatar for Afghan evacuations

DOHA: French President Emmanuel Macron, on a visit to the Gulf, expressed appreciation to Qatar on Saturday for...

Updated 04 Dec, 2021 02:48pm

Real Estate

Zameen.com organises third edition of Pakistan Property Event in Dubai

Dubai: Zameen.com organised the Pakistan Property Event (PPE) 2021 in Dubai on December 3 & 4. The event...

Published 04 Dec, 2021 12:52pm

Middle East

9 Iraq Kurd fighters, 3 brothers killed in attacks blamed on IS

ARBIL: At least nine Iraqi Kurdish peshmerga fighters and three brothers were killed in northern Iraq attacks blamed...

Published 03 Dec, 2021 07:58pm

Middle East

Lebanon minister to resign to ease crisis with Gulf: AFP

BEIRUT: The Lebanese minister whose comments on Yemen sparked a row with Gulf countries that has crippled the...

Published 03 Dec, 2021 05:23pm

Middle East

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

Middle East

Dubai's DP World pulls out of Haifa port privatisation bid

JERUSALEM: Dubai's DP World has pulled out of a joint bid with an Israeli company to privatise Israel's Haifa port,...

Updated 03 Dec, 2021 01:25pm

Middle East

Iran gives European nuclear deal parties drafts on sanctions removal, nuclear issues

VIENNA: Iran has provided European powers involved in its 2015 nuclear deal two drafts on sanctions removal and...

Published 02 Dec, 2021 02:52pm

Middle East

Israel calls on world powers to halt Iran nuclear talks immediately

JERUSALEM: Israel on Thursday called on world powers to halt nuclear negotiations with Iran immediately, citing a UN...

Published 02 Dec, 2021 02:46pm

Middle East

First known UAE case of Omicron variant detected in fully vaccinated traveller

CAIRO: The United Arab Emirates announced on Wednesday its first known case of the new COVID-19 variant Omicron,...

Updated 02 Dec, 2021 01:35pm

Companies

HBL partners with DTB to launch China Coverage Department

KARACHI: HBL partners with Diamond Trust Bank (DTB) and launches the China Coverage Department to serve Chinese...

Published 02 Dec, 2021 03:57am

Africa

South Korea detects first Omicron cases, tightens travel curbs

SEOUL: South Korea on Wednesday reported its first cases of the Omicron coronavirus variant and tightened travel...

Published 01 Dec, 2021 07:12pm

Energy

ADNOC's national reserves rise 4bn stock tank barrels

CAIRO: Abu Dhabi National Oil Company (ADNOC) announced on Wednesday an increase in national reserves of 4 billion...

Published 01 Dec, 2021 02:19pm

Middle East

Saudi confirms first case of Omicron coming from a north African country

CAIRO: Saudi Arabia confirmed its first case of the Omicron COVID-19 variant coming from a north African country, ...

Published 01 Dec, 2021 01:45pm

Africa

Nigeria confirms first cases of Omicron among travellers from South Africa

ABUJA: Nigeria confirmed its first cases of the Omicron COVID-19 variant among two travellers who arrived from South...

Published 01 Dec, 2021 12:58pm

Fewer Libya arms embargo breaches but foreign fighters remain: UN panel

UNITED NATIONS: Fewer violations of the arms embargo on Libya have occurred this year as compared with 2020, but the...

Published 01 Dec, 2021 10:48am

Companies

Dubai government considering Emirates IPO: airline president

Tim Clarke says there has been, perhaps a little bit more flesh on the whole subject than there has been in the past

Published 01 Dec, 2021 12:00am

Middle East

Iran's Raisi says ending sanctions key to Vienna talks

TEHRAN: Iran's president has assured his French counterpart that his government is serious about resumed talks on...

Published 30 Nov, 2021 06:27pm

Africa

S. Africa sets new unemployment record of 34.9 percent

JOHANNESBURG: South Africa's unemployment rate rose again in the third quarter of 2021 to set a new record of 34.9...

Updated 30 Nov, 2021 06:23pm

What Pakistan can learn as Dubai races to become cryptocurrency ‘hub’

KARACHI: Cryptocurrencies are gaining popularity the world over among both investors and governments. El Salvador...

Updated 30 Nov, 2021 05:24pm

Companies

Emirates warns Omicron could cause 'significant traumas' for aviation industry

DUBAI: A major hit to the peak December travel season because of the Omicron variant of the coronavirus would cause...

Published 30 Nov, 2021 12:55pm

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

Middle East

From tents to tallest building: UAE's 'remarkable' 50-year rise

DUBAI: Ehab Fouad was a teenager when he marched in the parade marking the birth of the United Arab Emirates, that...

Published 30 Nov, 2021 12:13pm

Middle East

Fastest, highest, longest: five records set by UAE

DUBAI: From the world's tallest building to the deepest diving pool, the United Arab Emirates, which turns 50 on...

Published 30 Nov, 2021 12:07pm

Industry

Sustainability main focus of textile seminar at Pakistan Pavilion

DUBAI: Inside the multi-purpose room of the Pakistan Pavilion at Expo 2020 Dubai, thought leaders often sit down to...

Updated 30 Nov, 2021 10:57am

Africa

Libya, UN warn intimidation stopping Kadhafi son's appeal

TRIPOLI: Libya's government and the UN expressed concern Monday over an intimidation campaign that has shut the ...

Published 30 Nov, 2021 10:48am

Pakistan Pavilion at Dubai Expo 2020: A ‘magnet’ for investors and tourists alike

One of the Expo’s most coveted pavilions, it also serves as a bastion of the country’s longstanding association with the UAE

Updated 30 Nov, 2021 01:26am

Middle East

Israel PM warns against Iran 'nuclear blackmail'

JERUSALEM: Israel's prime minister charged that Iran was Monday re-entering talks on its nuclear programme to seek...

Published 29 Nov, 2021 06:06pm

Africa

S.Africa could top 10,000 daily Covid cases this week: epidemiologist

JOHANNESBURG: The newly-discovered Omicron variant is likely to fuel a surge in South Africa's coronavirus cases ...

Published 29 Nov, 2021 04:24pm

Middle East

Iran says 'firmly determined' to salvage nuclear deal

TEHRAN: Iran is firmly determined to reach an agreement with major powers on salvaging its 2015 nuclear deal at ...

Published 29 Nov, 2021 04:24pm

Middle East

Domestic politics to test Kuwait's crown prince in push for fiscal reform

KUWAIT: The biggest task facing Kuwait's octogenarian crown prince after unexpectedly stepping in for the emir this...

Published 29 Nov, 2021 03:17pm

Lebanese protesters block roads over economic meltdown

BEIRUT: Demonstrators, some of them burning tyres, blocked roads across parts of Lebanon on Monday in protest at the...

Updated 29 Nov, 2021 03:16pm

Africa

22 die in attack on DR Congo displaced people's camp

BUNIA: A new attack on the Ivo displaced people's camp in the northeast of the Democratic Republic of Congo on ...

Updated 29 Nov, 2021 11:02am

Middle East

After Channel boat disaster, Iraqi families fear worst

QADRAWA: The last time 20-year-old Mohamed spoke with his father, who lives in Iraqi Kurdistan, he told him that he...

Published 29 Nov, 2021 10:02am

Middle East

'Cold will kill us' - Yemen's fleeing families face desert winter

MARIB: Forced to flee fighting in Yemen's brutal war, Yehya Hayba and his family find themselves crammed into a...

Published 29 Nov, 2021 09:57am

Middle East

Israel worries Iran will get sanctions relief without capping nuclear projects

OCCUPIED JERUSALEM: Israel worries Iran will secure a windfall in sanctions relief in renewed nuclear negotiations...

Published 29 Nov, 2021 06:41am

Stocks

Most Gulf bourses tumble as Omicron spooks investors

DUBAI: Most Gulf stock markets ended lower on Sunday, with the Saudi and Dubai indexes suffering their biggest...

Published 29 Nov, 2021 06:23am

Middle East

KSA to allow conditional entry ‘from all countries’

CAIRO: Saudi Arabia will allow entry to travellers “from all countries” as long as they have received one dose ...

Published 29 Nov, 2021 06:03am

Middle East

Iran banks hail arbitration panel win over Bahrain

TEHRAN: Two leading Iranian banks have welcomed a decision by a Hague-based tribunal to order Bahrain to pay them...

Published 29 Nov, 2021 06:03am

Middle East

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

Middle East

Israel to ban entry of foreigners from all countries over Omicron

JERUSALEM: Israel on Saturday said it would ban the entry of all foreigners into the country, making it the first...

Published 28 Nov, 2021 01:42pm

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

Middle East

Saudi Arabia halts flights from more african nations

DUBAI: Saudi Arabia's Ministry of Interior halted flights from and to Malawi, Zambia, Madagascar, Angola, ...

Published 28 Nov, 2021 12:56pm

PIA announces flight schedule for Saudi Arabia amid ease in restrictions

PIA will operate 35 flights on a weekly basis

Published 27 Nov, 2021 02:40pm

Digital art: international artists get platform at Dubai’s theatre

DUBAI: Even before the pandemic shut theatres, the usage of technology transformed the way art is viewed, spreading...

Published 27 Nov, 2021 05:08am

South Asia

Iran official in Kuwait and UAE ahead of nuclear talks

ABU DHABI: A senior Iranian official visited Kuwait and the United Arab Emirates this week, state media said, days...

Published 26 Nov, 2021 06:29pm

Energy

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

Middle East

Israel attacks Syria's central region, kills 2 civilians

CAIRO: An Israeli 'air aggression' on Syria's central region killed two civilians and injured seven others, official...

Updated 24 Nov, 2021 02:04pm

Yemen war will have killed 377,000 by year's end: UN

DUBAI: Yemen's seven-year-old war will have claimed 377,000 lives by the end of the year, through both direct and...

Published 24 Nov, 2021 10:52am

Dubai keen to host 'fantastic' bilateral series between Pakistan and India

Dubai Cricket Council (DCC) Chairman Abdul Rehman Falaknaz has offered to host a bilateral series between Pakistan...

Published 23 Nov, 2021 06:50pm

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

Turkey says UAE crown prince visits Wednesday to 'improve ties'

ISTANBUL: Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed will visit Ankara on Wednesday, the Turkish presidency...

Published 23 Nov, 2021 02:06pm

Middle East

Israel signals readiness to escalate Iran confrontation amid nuclear talks

JERUSALEM: Prime Minister Naftali Bennett signalled readiness on Tuesday to step up Israel's confrontation with Iran...

Published 23 Nov, 2021 01:52pm

Stocks

Saudi market tumbles in early trade after drone attacks

Saudi Arabia's stock market fell sharply in early trade on Sunday, a day after Yemen's Iran-aligned Houthis said ...

Published 21 Nov, 2021 02:29pm

Financial

Bahrain central bank governor expects real GDP to grow 3.1% in 2021

CAIRO: Bahrain's central bank governor, Rasheed Mohammed al-Maraj, said in an interview published on Sunday he...

Published 21 Nov, 2021 02:26pm

Telecommunication

Provision of 5G can greatly benefit Pakistan's healthcare, education sectors: experts

Say low latency will improve access to far-flung, remote areas

Updated 21 Nov, 2021 02:04pm

Energy

Abu Dhabi's ADNOC weighs IPO of logistics and services unit next year

DUBAI: State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its...

Published 21 Nov, 2021 11:48am

Gainers
Losers
Leaders

Stock	Price
J.A.Textile / Dec 9 J.A. Textile Mills Limited(JATM)	10.50 ▼ 0.00 (0.00%)
Janana D Mal / Dec 9 Janana De Malucho Textile Mills Limited(JDMT)	66.82 ▼ 0.00 (0.00%)
J. D. W. / Dec 9 JDW Sugar Mills Limited(JDWS)	209.00 ▼ 0.00 (0.00%)
Jubilee Gen. Ins. / Dec 9 Jubilee General Insurance Limited(JGICL)	45.01 ▼ 0.00 (0.00%)
J.K.Spinning / Dec 9 J.K. Spinning Mills Limited(JKSM)	41.00 ▼ 0.00 (0.00%)
Jubile Life InsXD / Dec 9 Jubilee Life Insurance Company Limited(JLICL)	234.70 ▼ 0.00 (0.00%)
John&Philips / Dec 9 Johnson & Phillips (Pakistan) Limited(JOPP)	47.00 ▼ 0.00 (0.00%)
Jap. Power / Dec 9 Japan Power Generation Limited(JPGL)	1.90 ▼ 0.00 (0.00%)
JS Bank Ltd / Dec 9 JS Bank Limited(JSBL)	4.41 ▼ 0.00 (0.00%)
Jah.Sidd. Co. / Dec 9 Jahangir Siddiqui & Co. Ltd.(JSCL)	14.97 ▼ 0.00 (0.00%)

Stock	Price
J.A.Textile / Dec 9 J.A. Textile Mills Limited(JATM)	10.50 ▼ 0.00 (0.00%)
Janana D Mal / Dec 9 Janana De Malucho Textile Mills Limited(JDMT)	66.82 ▼ 0.00 (0.00%)
J. D. W. / Dec 9 JDW Sugar Mills Limited(JDWS)	209.00 ▼ 0.00 (0.00%)
Jubilee Gen. Ins. / Dec 9 Jubilee General Insurance Limited(JGICL)	45.01 ▼ 0.00 (0.00%)
J.K.Spinning / Dec 9 J.K. Spinning Mills Limited(JKSM)	41.00 ▼ 0.00 (0.00%)
Jubile Life InsXD / Dec 9 Jubilee Life Insurance Company Limited(JLICL)	234.70 ▼ 0.00 (0.00%)
John&Philips / Dec 9 Johnson & Phillips (Pakistan) Limited(JOPP)	47.00 ▼ 0.00 (0.00%)
Jap. Power / Dec 9 Japan Power Generation Limited(JPGL)	1.90 ▼ 0.00 (0.00%)
JS Bank Ltd / Dec 9 JS Bank Limited(JSBL)	4.41 ▼ 0.00 (0.00%)
Jah.Sidd. Co. / Dec 9 Jahangir Siddiqui & Co. Ltd.(JSCL)	14.97 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	177.53
USD PKR Interbank Buying / Dec 8	177.43
USD to Japanese Yen / Dec 8	113.66
USD to Swiss Franc / Dec 8	0.92
Pound Sterling to USD / Dec 8	1.32
Euro to USD / Dec 8	1.14
UK LIBOR % / Dec 8	0.08

Stock	Volume
S&P 500 / Dec 8	4700.03
India Sensex / Dec 8	58649.68
Tokyo Nikkei / Dec 8	28860.62
Nasdaq / Dec 8	15761.82
Hang Seng / Dec 8	23996.87
FTSE 100 / Dec 8	7337.05
Dow Jones / Dec 8	35763.00
Germany DAX 30 / Dec 8	15687.09
France CAC40 / Dec 8	7337.05

Item	Value
Crude Oil / Dec 8	72.54
Karachi Cotton Assoc. / Dec 8	16880.00
Gold 10 Grams / Dec 8	101200.00
Gold Spot / Dec 8	1785.79
Cotton / Dec 8	106.72

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