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Africa

AfDB cuts Africa’s 2025 growth forecast on trade tariffs uncertainty

NAIROBI: Africa’s economic output is expected to grow by 3.9% this year, the African Development Bank said in its...

Published 27 May, 2025 06:29pm

Africa

South Africans exasperated by Trump false claims during Ramaphosa meeting

JOHANNESBURG: South Africans expressed dismay on Thursday at how U.S. President Donald Trump’s false claims of a...

Published 23 May, 2025 11:07am

Africa

ICJ backs E.Guinea in spat with Gabon over oil-rich islands

THE HAGUE: The top United Nations court on Monday sided with Equatorial Guinea in a decades-long dispute with Gabon...

Published 20 May, 2025 05:59am

Africa

World Bank approves $350 million grant for Malawi hydropower project

BLANTYRE: The World Bank’s board ofdirectors has approved a $350 million grant to support a large hydropower storage...

Published 16 May, 2025 07:53pm

Africa

Malawi’s IMF programme ends after only $35 million disbursed

BLANTYRE: Malawi’s $175 million loan programme from the International Monetary Fund has been terminated after no...

Published 15 May, 2025 03:00pm

Africa

Egypt’s Suez Canal offers 15% discount for big container ships to win back trade

CAIRO: Egypt’s Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least...

Published 13 May, 2025 04:45pm

Africa

Nigeria’s economy grows strongly amid high inflation, World Bank says

ABUJA: Nigeria’s economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter...

Published 12 May, 2025 05:47pm

Africa

More than 100 dead after flooding in eastern Congo

BUKAVU (Congo): More than 100 people have died after flooding in a village near the shores of Lake Tanganyika in...

Published 12 May, 2025 05:51am

Africa

Egyptian inflation climbs to 13.9% in April

CAIRO: Egypt’s annual urban consumer price inflation accelerated to 13.9% in April from 13.6% in March, matching...

Published 10 May, 2025 01:04pm

Africa

Explosions heard in Sudanese city of Port Sudan, witness says

Multiple explosions and fires were seen and heard in Sudan’s capital Port Sudan early on Tuesday, a witness said,...

Updated 06 May, 2025 01:27pm

Middle East

ICJ throws out Sudan genocide case against UAE

THE HAGUE: The top United Nations court on Monday threw out Sudan’s case against the United Arab Emirates over...

Published 05 May, 2025 06:51pm

Africa

15 killed in head-on road crash in South Africa

JOHANNESBURG: A night-time collision between a packed minibus taxi and a pick-up truck has killed 15 people in rural...

Published 04 May, 2025 01:42pm

Africa

Sudan’s RSF conducts first drone attack on Port Sudan, army spokesperson says

CAIRO: Sudan’s paramilitary Rapid Support Forces (RSF) carried out a drone attack on a military air base and other...

Published 04 May, 2025 11:27am

Africa

Migrant boat sink off Tunisia with at least eight dead, 29 rescued

TUNIS: Tunisia’s coast guard on Monday recovered the bodies of eight African migrants after their boat sank off the...

Published 28 Apr, 2025 04:57pm

Africa

Tanzania lifts ban on agriculture imports from South Africa, Malawi

DAR ES SALAAM: Tanzania has lifted a ban on imports of agricultural produce from Malawi and South Africa, it said...

Published 26 Apr, 2025 01:11pm

Africa

Uganda declares end to latest ebola outbreak

KAMPALA: Uganda on Saturday declared an end to the country’s latest outbreak of ebola, three months after...

Published 26 Apr, 2025 01:07pm

Africa

Al Qaeda affiliate says it killed 70 soldiers in Benin, SITE reports

COTONOU: Al Qaeda affiliate JNIM said it killed 70 soldiers in raids on two military posts in north Benin, the...

Updated 20 Apr, 2025 11:33pm

Africa

At least 143 dead in DR Congo boat fire

KINSHASA: At least 143 people died and dozens more went missing after a boat carrying fuel caught fire and capsized...

Published 19 Apr, 2025 10:58am

Africa

IMF and Ghana agree programme review that will unlock $370mn

ACCRA: Ghana and the International Monetary Fund have reached a staff-level agreement on the fourth review of its $3...

Published 15 Apr, 2025 06:35pm

Europe

EU and Britain boost aid for Sudan at London conference

LONDON: The European Union and Britain pledged on Tuesday to increase aid for Sudan, ahead of a conference in London...

Published 15 Apr, 2025 04:32pm

Africa

Mauritius economy seen growing 3% this year, IMF says

PORT LOUIS: Mauritius’ economy is expected to grow 3% this year, down from 4.7% last year, the International...

Published 12 Apr, 2025 02:09pm

Africa

Madagascar risks losing 60,000 textile jobs to U.S. tariffs, official says

ANTANANARIVO: Madagascar could lose around 60,000 textile sector jobs because of U.S. President Donald Trump’s 47%...

Published 09 Apr, 2025 03:10pm

Africa

16 killed in northwest Nigeria as villagers battle militants

MAIDUGURI (Nigeria): Sixteen people were killed during a clash between local security forces and suspected Lakurawa...

Published 08 Apr, 2025 05:40am

Africa

Gunmen kill at least 52 people in Nigeria’s Plateau state

LAGOS: Gunmen have killed at least 52 people and displaced nearly 2,000 others over several days of attacks in...

Published 07 Apr, 2025 03:49pm

Africa

South Africa not planning to retaliate over Trump’s tariffs

JOHANNESBURG: South Africa has no immediate plans to retaliate against the United States over tariffs announced by...

Published 04 Apr, 2025 05:09pm

Africa

Trump slaps tiny African kingdom with highest tariff of all

The tiny southern African kingdom of Lesotho has been hit with a 50% reciprocal trade tariff by U.S. President...

Published 03 Apr, 2025 06:23pm

Africa

Three Chinese nationals missing off Ghana after suspected piracy kidnapping, Ghana army says

ACCRA: Three Chinese nationals were missing from Ghanaian waters and believed to have been kidnapped after a...

Published 30 Mar, 2025 09:52am

Africa

S Africa’s land reform rises from ‘the ashes of dispossession’

MALELANE (South Africa): Hectares upon hectares of luxuriant orchards cover the land from which Bernard Shabangu’s...

Published 30 Mar, 2025 07:23am

Africa

Sudan army retakes Khartoum airport from paramilitaries

KHARTOUM: The Sudanese army said it recaptured Khartoum airport from the Rapid Support Forces and surrounded the...

Published 27 Mar, 2025 07:49am

Africa

Sudan army strike on Darfur market kills hundreds: monitor

KHARTOUM: A Sudanese war monitor accused the army Tuesday of killing hundreds of people in an air strike on a market...

Published 25 Mar, 2025 02:04pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 30	282.08
USD PKR Interbank Buying / May 30	281.83
USD to Japanese Yen / May 30	144.02
USD to Swiss Franc / May 30	0.82
Pound Sterling to USD / May 30	1.35
Euro to USD / May 30	1.13
UK LIBOR % / May 30	4.96

Stock	Volume
S&P 500 / May 30	5,911.69
India Sensex / May 30	81,451.01
Tokyo Nikkei / May 30	37,965.10
Nasdaq / May 30	19,113.77
Hang Seng / May 30	23,289.77
FTSE 100 / May 30	8,772.38
Dow Jones / May 30	42,270.07
Germany DAX 30 / May 30	23,997.48
France CAC40 / May 30	7,751.89

Item	Value
Crude Oil USD/Barrel / May 30	60.79
Karachi Cotton PKR/37.32 KG / May 30	16,985
Gold 10 Grams PKR / May 30	298,868
Gold Spot USD/Ounce / May 30	3,298.25
Cotton US¢/pound / May 30	65.06
Petrol/Litre / Jun 1	252.63
Diesel/Litre / Jun 1	254.64

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / May 30 Crescent Jute Products Limited(CJPL)	4.35 ▲ 0.81 (22.88%)
Dadabhoy Cement / May 30 Dadabhoy Cement Industries Limited(DBCI)	6.80 ▲ 1 (17.24%)
UDL International / May 30 UDL International Limited(UDLI)	9.25 ▲ 1 (12.12%)
Paramount Mod / May 30 First Paramount Modaraba(FPRM)	9.23 ▲ 0.95 (11.47%)
Parmount Sp. / May 30 Paramount Spinning Mills Limited(PASM)	3.99 ▲ 0.37 (10.22%)
Century Paper / May 30 Century Paper & Board Mills Limited(CEPB)	30.97 ▲ 2.82 (10.02%)
I.C.C. Ind. / May 30 ICC Industries Limited(ICCI)	14.95 ▲ 1.36 (10.01%)
Flying Cement / May 30 Flying Cement Company Limited(FLYNG)	59.91 ▲ 5.45 (10.01%)
Shadab Textile / May 30 Shadab Textile Mills Limited(SHDT)	51.67 ▲ 4.7 (10.01%)
First Elite Cap.Mod / May 30 First Elite Capital Modaraba(FECM)	21.65 ▲ 1.97 (10.01%)

Stock	Price
Burj Clean Energy Modaraba / May 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.50 ▼ -1 (-10.53%)
Bawany Air Products / May 30 Bawany Air Products Limited(BAPL)	53.41 ▼ -5.93 (-9.99%)
Nimir Resins / May 30 Nimir Resins Limited(NRSL)	31.73 ▼ -2.76 (-8%)
TPL REIT Fund I / May 30 TPL REIT Fund I(TPLRF1)	11.98 ▼ -0.99 (-7.63%)
NBP PGETF / May 30 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	22.05 ▼ -1.78 (-7.47%)
Descon Oxychem / May 30 Descon Oxychem Limited(DOL)	30.37 ▼ -2.37 (-7.24%)
IGI Life Ins / May 30 IGI Life Insurance Limited(IGIL)	24.08 ▼ -1.72 (-6.67%)
Universal Ins. / May 30 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Cres.Star Ins. / May 30 Crescent Star Insurance Limited(CSIL)	2.99 ▼ -0.19 (-5.97%)
Pak. P.V.C. / May 30 Pakistan PVC Limited(PPVC)	8.25 ▼ -0.52 (-5.93%)

Stock	Volume
WorldCall Telecom / May 30 Worldcall Telecom Limited(WTL)	79,666,803 ▼ -0.06
K-Electric Ltd. / May 30 K-Electric Limited(KEL)	47,700,857 ▼ -0.2
Cnergyico PK / May 30 Cnergyico PK Limited(CNERGY)	35,756,575 ▲ 0.07
Dewan Cement / May 30 Dewan Cement Limited(DCL)	31,365,596 ▲ 0.84
P.T.C.L. / May 30 Pakistan Telecommunication Company Ltd(PTC)	22,174,138 ▼ -0.83
Pak Int.Bulk / May 30 Pakistan International Bulk Terminal(PIBTL)	19,941,925 ▼ -0.31
Fauji Foods Ltd / May 30 Fauji Foods Limited(FFL)	19,847,564 ▲ 0.31
Pak Refinery / May 30 Pakistan Refinery Limited(PRL)	18,646,156 ▲ 0.84
Sui South Gas / May 30 Sui Southern Gas Company Limited(SSGC)	13,166,159 ▼ -0.25
Kohinoor Spining / May 30 Kohinoor Spinning Mills Limited(KOSM)	8,825,761 ▼ -0.18

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