Middle East

Saudi announces Ramadan to start Thursday

RIYADH: Saudi Arabia, home of the holiest shrines in Islam in Mecca and Medina, has announced that the fasting month...

Published 21 Mar, 2023 11:45pm

Middle East

Khamenei says Iran not ‘upset’ with Europeans

MASHHAD: Iran’s supreme leader on Tuesday said the Islamic republic is not “upset” with European nations and is...

Published 21 Mar, 2023 09:24pm

Stocks

Most Gulf bourses end lower as oil prices drop; Egypt rises

Most Gulf stock markets ended lower on Monday, as oil prices hit their lowest since 2021 on concerns that the...

Published 20 Mar, 2023 07:41pm

Middle East

Assad arrives in UAE

DUBAI: Syrian President Bashar al-Assad met Sunday with Emirati leaders in Abu Dhabi, his second Gulf visit since...

Published 20 Mar, 2023 06:12am

Middle East

Iran’s Raisi ‘welcomes’ invitation by Saudi king: official

TEHRAN: Iranian President Ebrahim Raisi has favourably received an invitation from Saudi Arabia’s King Salman to...

Published 19 Mar, 2023 08:34pm

Middle East

Iraq, Iran sign deal to tighten border security

BAGHDAD: Iraq and Iran signed a border security agreement on Sunday, a move Iraqi officials said aimed primarily at...

Published 19 Mar, 2023 07:23pm

Middle East

Iraq in final stages of talks on $27bn TotalEnergies deal, says minister

Talks between French oil major TotalEnergies and Iraq to resolve sticking points in a long-delayed $27 billion...

Published 19 Mar, 2023 05:34pm

Middle East

Syria’s Assad arrives in UAE in official visit

DUBAI: Syrian President Bashar al Assad arrived in the United Arab Emirates (UAE) on Sunday for an official visit,...

Published 19 Mar, 2023 04:28pm

Stocks

UAE shares rebound as fears of banking crisis ease

Stock markets in United Arab Emirates rebounded on Friday as fears of a global banking crisis subsided after U.S....

Published 17 Mar, 2023 05:40pm

Middle East

Saudi officials downplay risks to global bank sector

RIYADH: Saudi finance officials on Thursday downplayed risks to the global banking sector after days of market...

Published 16 Mar, 2023 09:02pm

Middle East

Top UAE and Iran security officials meet after Riyadh-Tehran deal

DUBAI: The United Arab Emirates’ national security adviser held talks Thursday in Abu Dhabi with his Iranian...

Published 16 Mar, 2023 07:23pm

Middle East

UAE pledges $3mn to rebuild Palestinian town raided by settlers

DUBAI: The United Arab Emirates has pledged $3 million to support the reconstruction of a Palestinian town in the...

Published 16 Mar, 2023 05:56pm

Middle East

Assad rules out Erdogan talks till Turkiye leaves Syria

MOSCOW: Syrian President Bashar al-Assad has said he will only meet President Recep Tayyip Erdogan if Turkiye...

Published 16 Mar, 2023 04:57pm

Stocks

Most Gulf markets turn south as Credit Suisse woes roil markets

Most stock markets in the Gulf gave up early gains to end lower on Wednesday, tracking a decline in global shares,...

Published 15 Mar, 2023 07:53pm

Europe

Assad visits Moscow for talks on Turkiye-Syria ties

MOSCOW: Russian President Vladimir Putin on Wednesday was hosting Syrian leader Bashar al-Assad for talks as the...

Published 15 Mar, 2023 05:40pm

Energy

Kuwait to cut crude supplies to some Asian refiners as Al Zour refinery ramps up

NEW DELHI: Kuwait has asked some Asian refiners to take less oil under their annual deals as the OPEC producer hopes...

Published 15 Mar, 2023 05:13pm

Middle East

Saudi could invest in Iran ‘very quickly’: finance minister

RIYADH: Saudi Arabia could start making investments in Iran “very quickly” after they agreed to restore diplomatic...

Published 15 Mar, 2023 03:23pm

Middle East

White House praises Saudi-Boeing deal, says it will support US jobs

WASHINGTON: The White House on Tuesday welcomed the “landmark” deal between Saudi Arabia and the Boeing Co, saying...

Published 14 Mar, 2023 08:15pm

Middle East

Saudi Arabia deposit of $5bn enters Turkish central bank accounts

ANKARA: A deposit of $5 billion from the Saudi Fund for Development (SFD) entered the accounts of the Turkish...

Updated 14 Mar, 2023 06:43pm

Stocks

Most Gulf markets in red as banking fears rattle markets

Most stock markets in the Gulf ended lower on Monday, extending losses from the previous session as the collapse of...

Published 13 Mar, 2023 09:03pm

Middle East

After Saudi deal, Iran says hopes to restore Bahrain ties

TEHRAN: Iran said Monday it would welcome restoring ties with Bahrain to end seven years of ruptured relations,...

Published 13 Mar, 2023 05:46pm

Middle East

Israeli army shoots dead three Palestinians in West Bank

NABLUS: Israeli soldiers shot dead three Palestinian gunmen in a pre-dawn firefight in the occupied West Bank,...

Published 13 Mar, 2023 06:15am

Middle East

Iran’s behaviour will be monitored in coming months: Saudi analysts

RIYADH: Saudi Arabia will watch Iran’s behaviour during the two-month window agreed upon to restore relations,...

Published 13 Mar, 2023 06:15am

Middle East

UAE withdraws bid for 2026 World Bank-IMF meetings in favour of Qatar

DOHA: The United Arab Emirates (UAE) has withdrawn its bid to host the 2026 World Bank and International Monetary...

Published 12 Mar, 2023 08:24pm

Middle East

White House official denies Iranian prisoner swap deal reached

WILMINGTON: A White House official on Sunday denied Iranian statements that Washington and Tehran had reached an...

Published 12 Mar, 2023 08:03pm

Middle East

Iran says deal reached with US for prisoner swap

DUBAI: Iran and the United States have reached an agreement to exchange prisoners, Iranian Foreign Minister Hossein...

Published 12 Mar, 2023 07:16pm

Middle East

Saudi unveils new airline to compete with Gulf rivals

RIYADH: Saudi Arabia announced Sunday the creation of a new national airline, part of a plan to turn Riyadh into a...

Updated 13 Mar, 2023 06:29am

Middle East

Israeli army shoots dead three Palestinian gunmen in occupied West Bank

NABLUS: Israeli soldiers shot dead three Palestinian gunmen after they fired at troops in the occupied northern...

Published 12 Mar, 2023 12:41pm

Middle East

Tens of thousands of Israelis rally against judicial overhaul

TEL AVIV: Tens of thousands of Israelis demonstrated across the country Saturday in the 10th consecutive week of...

Published 12 Mar, 2023 12:20pm

Middle East

Saudi-Iran agreement to restore relations 'important step towards stability in region': UAE foreign minister

CAIRO: United Arab Emirates foreign minister Sheikh Abdullah bin Zayed welcomed on Saturday an agreement between...

Updated 11 Mar, 2023 06:46pm

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 22 Trust Modaraba(TRSM)	1.70 ▲ 0.48 (39.34%)
Pervez Ahmed Co / Mar 22 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.79 ▲ 0.09 (12.86%)
Punjab Mod / Mar 22 First Punjab Modaraba(FPJM)	1.55 ▲ 0.14 (9.93%)
Towellers Ltd. / Mar 22 Towellers Limited(TOWL)	219.34 ▲ 15.29 (7.49%)
Noon Sugar / Mar 22 Noon Sugar Mills Limited(NONS)	54.80 ▲ 3.78 (7.41%)
Hinopak Motor / Mar 22 Hinopak Motors Limited(HINO)	219.45 ▲ 15.05 (7.36%)
Data Textile / Mar 22 Data Textiles Limited(DATM)	3.66 ▲ 0.22 (6.40%)
D.S. Ind. Ltd. / Mar 22 D.S. Industries Limited(DSIL)	2.37 ▲ 0.11 (4.87%)
Dewan Farooque Sp. / Mar 22 Dewan Farooque Spinning Mills Limited(DFSM)	3.05 ▲ 0.13 (4.45%)
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	6.20 ▲ 0.25 (4.20%)

Stock	Price
First Elite Cap.Mod / Mar 22 First Elite Capital Modaraba(FECM)	2.62 ▼ -0.54 (-17.09%)
Jubilee Spinning / Mar 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.90 ▼ -0.51 (-14.96%)
Kohinoor Power / Mar 22 Kohinoor Power Company Limited(KOHP)	3.62 ▼ -0.37 (-9.27%)
Escorts Bank / Mar 22 Escorts Investment Bank Limited(ESBL)	3.16 ▼ -0.32 (-9.20%)
Samba Bank / Mar 22 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Bilal Fibres / Mar 22 Bilal Fibres Limited(BILF)	2.27 ▼ -0.19 (-7.72%)
Bunnys Limited / Mar 22 Bunnys Limited(BNL)	16.65 ▼ -1.35 (-7.50%)
Dawood Lawrencepur / Mar 22 Dawood Lawrencepur Limited(DLL)	201.17 ▼ -16.26 (-7.48%)
Quetta Textile / Mar 22 Quetta Textile Mills Limited(QUET)	15.75 ▼ -1.27 (-7.46%)
JS Global Cap. / Mar 22 JS Global Capital Limited(JSGCL)	300.10 ▼ -23.90 (-7.38%)

Stock	Volume
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	15,532,500 ▲ 0.11
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	6,046,419 ▲ 0.01
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.07
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.13
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.07
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▼ -0.02
TPL Properties / Mar 22 TPL Properties Limited(TPLP)	4,391,678 ▼ -0.03
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	4,311,148 ▲ 0.20
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	4,273,685 ▲ 0.25
Loads Limited / Mar 22 Loads Limited(LOADS)	4,188,000 ▼ -0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	283.70
USD PKR Interbank Buying / Mar 22	283.25
USD to Japanese Yen / Mar 22	132.42
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.22
Euro to USD / Mar 22	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
FTSE 100 / Mar 21	7536.22
Dow Jones / Mar 21	32560.60
Germany DAX 30 / Mar 21	15195.34
France CAC40 / Mar 21	7112.91
India Sensex / Mar 22	58196.91
Tokyo Nikkei / Mar 22	27459.77
Hang Seng / Mar 22	19685.51

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Crude Oil USD/Barrel / Mar 22	69.01
Gold Spot USD/Ounce / Mar 22	1940.41
Cotton US¢/pound / Mar 22	77.98

Middle East

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