Trends - KSA - Business Recorder

KSA

Appointment of new DG ISI: notification after PM’s return from KSA

ISLAMABAD: Prime Minister Imran Khan is expected to issue a notification of appointment of a new Director General,...

Updated 24 Oct, 2021 02:41pm

KSA to reopen to vaccinated tourists after 17-month closure

RIYADH: Saudi Arabia announced Friday it would reopen its borders to fully vaccinated foreign tourists after a...

Published 31 Jul, 2021 02:27am

Pakistan

63 prisoners freed by KSA arrive ahead of Eidul Azha

ISLAMABAD: A joyous atmosphere was witnessed at Islamabad International Airport (IIA) when 63 Pakistani prisoners,...

Published 21 Jul, 2021 01:51am

Pakistan

VIS reaffirms ratings of SAPICO

KARACHI: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Saudi Pak Industrial and...

Published 18 Jun, 2021 04:16am

Pakistan

Hajj won’t be suspended: KSA deputy minister

ISLAMABAD: Hajj-e-Baitullah will not be suspended this year as Saudi Arabian Government has been taking all possible...

Published 13 May, 2021 03:10am

Pakistan

PM Imran Khan’s visit to KSA to strengthen bilateral ties: Shaukat

Shaukat said the government was paying attention to backward areas of the country and soon all the difficulties, poverty and backwardness would be eradicated from district Shangla.

Published 10 May, 2021 05:37pm

KSA to organise Hajj under special conditions

DUBAI: Saudi Arabia will organize the pilgrimage to Makkah this year, but under special conditions to guard against...

Updated 10 May, 2021 10:22am

KSA, Pakistan agree to expand ‘horizons of cooperation’

• MBS, PM sign agreement on establishment of SPSCC • Agreements addressing the treatment of criminals, and ...

Published 09 May, 2021 03:20am

KSA, Pakistan discuss Afghan peace process

ISLAMABAD: Saudi Crown Prince Mohammed bin Salman on Friday acknowledged Pakistan’s role towards regional peace ...

Published 08 May, 2021 03:30am

Pakistan

Pakistani expatriates playing important role in development of KSA: Murad Saeed

He said that the visit of the Prime Minister to Saudi Arabia would further strengthen the contacts between the two countries.

Published 08 May, 2021 01:00am

Business & Finance

Pakistan eyes KSA investment in power sector

During the visit, the Prime Minister’s consultations with the Saudi leadership will cover all areas of bilateral cooperation including economic, trade, investment, energy, job opportunities for Pakistani workforce, and welfare of Pakistani Diaspora in the Kingdom.

Published 07 May, 2021 12:05pm

PM Imran Khan addresses Pakistani envoys after probe launched against envoy to KSA

The Pakistani Ambassador to Riyadh, Raja Ali Ejaz, and his staff were called back over the mistreatment of the Pakistani expat community by the envoy's staff.

The Foreign Office said in a statement that foreign embassies, high commissions, and consulates have been directed to extend maximum facilitation within their respective jurisdictions.

Published 05 May, 2021 09:39pm

Editorials

The rot in Pakistani foreign missions

EDITORIAL: Expatriate Pakistanis will no doubt follow what happens to the recently recalled Pakistani ambassador to...

Published 02 May, 2021 03:23am

Pakistan

Saudi minister invites Fawad to visit KSA

ISLAMABAD: Saudi Minister for Media Dr Majed bin Abdullah Al-Kassabi has invited Minister for Information and...

Published 27 Apr, 2021 03:02am

Editorials

An Ajam-Arab thaw?

EDITORIAL: Things seem to be changing pretty fast in the Middle East. First the United Arab Emirates (UAE) led a...

Published 22 Apr, 2021 03:55am

Business & Finance

Hammad stresses on to strengthen business ties with KSA

Hammad said that the Pakistani diaspora in Saudi Arabia is a great asset for the country, and the government has taken initiatives such as Roshan Digital Accounts to facilitate non-resident Pakistanis for making investment in Pakistan.

Published 14 Apr, 2021 01:07pm

Business & Finance

KSA wealth fund invites Pakistani businesses to explore investment opportunities

As per PIF statement, “the Public Investment Fund is seeking to become a leading global impactful investor in line with the objective of Vision 2030 and to drive the economic transformation of Saudi Arabia, through active long- term investments.”

Published 12 Apr, 2021 12:47pm

Business & Finance

Pakistani investors aim to expand footprint in Saudi Vision 2030

The investors want to use their assets and savings based in Pakistani as collateral to get financing for the projects.

Published 23 Mar, 2021 12:24pm

Business & Finance

Saudi Arabia introduces major changes to kafala system

“The announcement will do away with the need for a sponsor or kafeel’s approval to transfer sponsorship, for a migrant worker to undergo sponsorship in order to receive exit and re-entry visas, and for migrants to become runaways or “huroob” from their kafeels,” stated Migrante International, a global alliance of grassroots migrants organizations of overseas Filipinos.

Published 16 Mar, 2021 11:09am

Business & Finance

Saudi Arabia launches competency test for all skilled workers

The country has launched “Professional Verification” program to ensure the competence of the skilled workers in the Kingdom's labor market.

Published 09 Mar, 2021 02:48pm

US report on Khashoggi: Pakistan says recognises Saudi efforts

ISLAMABAD: Pakistan on Saturday expressed solidarity with the kingdom following the United States’ public release...

Published 28 Feb, 2021 04:55am

Pakistan

Sajnrani terms resumption of diplomatic ties among Qater, KSA, Egypt, UAE good omen for Gulf Region

He said that our problems are common and we have to make collective efforts to find a solution for the problems.

Published 06 Jan, 2021 06:41pm

Business & Finance

KSA suspends international flights amid COVIS-19 second wave

A statement issued by the Interior Ministry said that those who have come from any European country or country where the pandemic has spread since December 8, 2020, should take the following steps.

Published 21 Dec, 2020 10:27am

Technology

KSA to provide free Wi-Fi service in Masjid-ul-Haram and Masjid-e-Nabawi

The Communications and Information Technology has started working with telecom officials to implement these measures.

Published 16 Nov, 2020 04:27pm

Business & Finance

End of ‘kafala system’ to benefit Pakistani workers in KSA

The ministry aims to certify the contracts of all foreign workers by the end of the first quarter of 2021.

Published 06 Nov, 2020 10:49am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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