News Highlights Wednesday, October 30, 2024

PM, MbS discuss bilateral trade, investment – Positive
https://epaper.brecorder.com/2024/10/30/1-page/1013440-news.html

ADB approves $500m loan for CDREP – Positive
https://epaper.brecorder.com/2024/10/30/1-page/1013443-news.html

$1.3bn borrowed from multiple financing sources in Q1 – Neutral
https://epaper.brecorder.com/2024/10/30/1-page/1013442-news.html

Aramco launches its first fuel station in Pakistan – Positive
https://www.brecorder.com/news/40329601/aramco-launches-its-first-fuel-station-in-pakistan

Sui Companies seek Ogra nod for up to 53.47pc hike in gas prices – Neutral
https://www.nation.com.pk/30-Oct-2024/sui-companies-seek-ogra-nod-for-up-to-53-47pc-hike-in-gas-prices

France-based arbitration: Pakistan hires 3 law firms to argue case against Iran – Neutral
https://www.thenews.com.pk/print/1245432-france-based-arbitration-pakistan-hires-3-law-firms-to-argue-case-against-iran

Deals with IPPs; Govt faces backlash from foreign govts – Negative
https://epaper.brecorder.com/2024/10/30/1-page/1013433-news.html

IPPs running on bagasse; CPPA-G set to propose cut in fuel charges – Positive
https://epaper.brecorder.com/2024/10/30/1-page/1013435-news.html

Only one bidder left in PIA sale – Neutral
https://www.thenews.com.pk/print/1245434-only-one-bidder-left-in-pia-sale

Pakistan’s textile exporter slashes production amid cotton shortage, rising costs – Negative
https://www.brecorder.com/news/40329570/pakistans-textile-exporter-slashes-production-amid-cotton-shortage-rising-costs

56 cities; Values of immovable properties revised upward by FBR – Neutral
https://epaper.brecorder.com/2024/10/30/1-page/1013437-news.html

IBIs: SBP adopts two AAOIFI Shariah standards – Neutral
https://epaper.brecorder.com/2024/10/30/16-page/1013592-news.html

Taliban govt assures Afghan soil won’t be used for attacks on Pakistan
https://www.dawn.com/news/1868483/taliban-govt-assures-afghan-soil-wont-be-used-for-attacks-on-pakistan

Oversupply Could Mute Effects of Wider Middle-East Conflict on Oil Prices
https://www.worldbank.org/en/news/press-release/2024/10/29/commodity-markets-outlook-october-2024-press-release

Oil prices steady on shrinking U.S. crude inventories
https://www.reuters.com/markets/commodities/oil-prices-steady-shrinking-us-crude-inventories-2024-10-30/

Japan Boosts Asian Stocks, Gold Hits Record: Markets Wrap
https://www.bloomberg.com/news/articles/2024-10-29/stock-market-today-dow-s-p-live-updates?srnd=homepage-asia

Gold prices hit record high amid election jitters, rate uncertainty
https://www.investing.com/news/commodities-news/gold-prices-hit-record-high-amid-election-jitters-rate-uncertainty-3689873