Trends - uae - Business Recorder

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Pakistan’s Serene Air to commence international operations next month

Safdar further added that his company has done its homework to expand itself in China and the UK and was of the view that Serene Air's signature would soon appear on the international radar.

Published 01 Sep, 2020 02:13pm

World

UAE flies aid to Syria to help battle coronavirus

Syria's government has announced 2,703 cases of Covid-19 and 109 deaths in areas under its control.

Published 31 Aug, 2020 05:50pm

Markets

UAE repeals law imposing Israel boycott

Companies and individuals in the UAE may now enter into agreements with firms or individuals residing in Israel, WAM reported.

Published 29 Aug, 2020 05:22pm

World

Israeli delegation to visit UAE next week, accompanied by Trump aides

The high-level meeting would be the first between the three parties since Trump announced the US-brokered accord on Aug. 13.
The US and Israeli officials will fly aboard an Israeli airliner direct from Tel Aviv to Abu Dhabi, the first-ever commercial flight between the two countries.

Published 26 Aug, 2020 04:57pm

World

Pompeo to tour region after UAE-Israel deal

During his visit, Pompeo will discuss regional security issues related to Iran's malicious influence.

Published 23 Aug, 2020 08:49pm

World

Iran says holding UAE boat over fishermen deaths

Last year, Iran received a coastguard delegation from the UAE aimed at reviving maritime security talks.

Published 20 Aug, 2020 07:02pm

World

US blacklists UAE firms for supporting Iran airline

The Treasury also placed sanctions on UAE-based Iranian national Amin Mahdavi, who the Treasury said either owns or controls Parthia Cargo.

Published 20 Aug, 2020 01:56am

Markets

UAE, Israel establish direct phone service

Trump said leaders from the two countries would sign the agreement at the White House in around three weeks.

Published 16 Aug, 2020 06:44pm

In the Gulf, normalisation with Israel feels anything but normal

"I don't believe Israel is a real country," one angry Qatari student told AFP, adding that meanwhile the Palestinians "are fighting for their land with rocks against tanks."

Published 15 Aug, 2020 05:20pm

Palestinians feel 'betrayal' of Israel-UAE deal

While Israeli Prime Minister Benjamin Netanyahu was jubilant, Palestinians -- from the secular Fatah of Mahmoud Abbas to the Hamas Islamists -- had only one word on their lips: betrayal.

Published 14 Aug, 2020 07:26pm

Turkey may suspend ties with UAE, withdraw ambassador, says Erdogan

Turkish president called Israel's recent solidarity with Egypt and Greece and steps towards Palestine unacceptable

Published 14 Aug, 2020 06:21pm

World

Jordan says Israel-UAE deal hinges on future Israel steps

Jordan in 1994 became the second Arab country, after Egypt, to signed a peace treaty with Israel.

Published 14 Aug, 2020 01:47am

Markets

UAE port and logistics giant keen to invest in Pakistan

The interest was shown by a UAE delegation headed by Mohammed Al-Muallem, Managing Director of a UAE company, DP World.

Published 11 Aug, 2020 01:40pm

Business & Finance

36,000 Pakistanis lost jobs in Gulf region amid COVID-19

Despite, job losses mounting into thousands the SAPM was of the view that the figures are minuscule compared to the overall impact of Covid-19 in economies of the region.

Published 25 Jul, 2020 12:44pm

Sports

IPL 2020 to begin from September 19 in UAE

With ICC postponing the World T20 2020, scheduled to be played in Australia from October 18 to November 15, a window opened up for IPL to be held.

Updated 24 Jul, 2020 03:00pm

Technology

United Arab Emirates launches mission to Mars

The first Arab mission to Mars was initially due to launch on July 14, but has been delayed twice due to bad weather.

Published 20 Jul, 2020 12:20pm

World

UAE says it will test 2 million people for COVID-19 as cases rise

The UAE recorded 528 new cases on Monday, taking its tally to 52,068 with 324 deaths.

Published 07 Jul, 2020 11:14am

Business & Finance

Airblue resumes flight operations for UAE amid strict SOPs

In order to fly through Airblue, the passengers would need to follow SOPs including, COVID-19 test results from Chughtai Lab only, which will need to be taken within 96 hours of flight.

Published 06 Jul, 2020 11:39am

UAE seeks to verify credentials of Pakistani pilots in its airlines

UAE's initiative comes after Pakistan grounded the pilots on June 26 on suspicion that they allegedly falsified their examinations to qualify for flying aircraft

Published 01 Jul, 2020 04:38pm

Pakistan

UAE suspends all flight operations from Pakistan, as COVID-19 tally rises

According to the General Civil Aviation Authority, the suspension will remain in place until Pakistan sets up a coronavirus testing system for passengers. The GCCA was of the view that the move has been taken to ensure the safety of passengers.

Published 29 Jun, 2020 10:39am

Pakistan

Pakistanis stranded in UAE to return as PIA flight schedule release

According to the schedule, from June 11 to June 15, 22 special flights carrying 7,000 Pakistanis will reach Karachi, Lahore, Islamabad, Multan, Faisalabad, and Peshawar where coronavirus tests and data of passengers will be taken.

Published 12 Jun, 2020 12:23pm

Business & Finance

Emirates announce to resume scheduled flight operations to Pakistan

As per details, Emirates will resume scheduled flight operations from Pakistan to Dubai from June 8.

Published 04 Jun, 2020 02:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42
France CAC40 / May 17	8167.50
Tokyo Nikkei / May 20	39197.34

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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