KPMG: trade strategies, regional coordination key to GCC’s economic resilience Gulf Cooperation Council nations should adopt trade policies aligned with…
Browsing: In The News
Reko Diq project cost increased to $7.7bn Pakistan on Thursday revised upward the cost of the first phase of the…
AI tool introduced to detect misdeclared and dangerous goods in containers The latest tool in the fight against misdeclared and…
Australia to Ban Under-16 Social Media Accounts by December: The Australian government has issued detailed guidance for technology companies ahead…
Italy reduced steel production In August 2025, Italian steel enterprises reduced steel production to an annual low of 821 thousand…
In 2025, the most competitive cities in the GCC As Gulf economies continue to diversify and attract global investment, understanding…
Statement sought on subsidy for QR-based payments The government has sought a report from the State Bank of Pakistan (SBP)…
In Colombo, tensions between India and Pakistan increase port operations Deputy Minister of Ports in Sri Lanka Ruwan Kodithuwakku said…
Yango Pakistan Colleagues Hit the Road as Part of Company’s ‘Go to the Fields’ Initiative: Yango Pakistan, part of the…
Oil rates drop as OPEC+ weighs another output hike Oil prices fell by more than 2 percent on Wednesday ahead…
GCC non-oil sector adds $1.51tn to GDP The Gulf Cooperation Council’s gross domestic product at current prices reached $2.14 trillion…
$131BN regional auto trade at risk Pakistan stands on the edge of a $131 billion regional automobile trade corridor, where…
In Port Everglades, coast guard offloads record drug haul The U.S. Coast Guard achieved a milestone with the offload of…
Zong Extends Free Minutes and SMS to Support Flood-Affected Communities: Zong, Pakistan’s leading technology innovation company, has announced 30 free…
Iron ore price rebounds Iron ore futures rebounded on Thursday as a mandated production cut ahead of a military parade…
100 pc of households in GCC countries The data released by the Statistical Centre for the Cooperation Council for the…
In July trade deficit widens 44pc As Pakistan trade deficit widened 44 percent in July due to a sharp rise…
India state-run shipper to buy local vessels in $2 bn deal State-owned Shipping Corp. of India, the country’s largest shipping…
Corero Network Security Partners with Beyond Technology MEA to Expand DDoS Protection in Pakistan: Today, Corero Network Security (AIM: CNS)…
At national parks China releases mandate on natural assets The Ministry of Natural Resources announced the outcome of the unified…
ASEAN-GCC Axis: the global south’s answer to us volatility? When Gulf leaders touched down in Kuala Lumpur for a summit…
Brain drain costs economy $4.2 bn yearly Pakistan, a nation abundant in human capital and youthful energy, has long depended…
Japanese shipping industry plans donation Three of Japan’s leading shipping companies report they have begun discussions to explore building and…
NA Panel Demands Urgent Action Against Delays in 5G Launch: The meeting of the National Assembly’s Subcommittee on Information Technology…
Australia’s sugar producers facing mounting global pressures The Australian Sugar Manufacturers (ASM) urged the Federal Government to prioritise food, fibre…
GCC, Japan advance free trade talks Negotiations over a free trade agreement between the Gulf Cooperation Council and Japan advanced…
Meta to assist advance digitalisation Pakistan and an international technology company have explored the potential of advancing digitalisation, promoting the…
Chinese yards dominate Privately market experts have said that the container shipping industry is heading for a “catastrophic decline”, if,…
Hospitals scan more patients with AI technology: Staff at NHS hospitals in Hull said AI technology had cut MRI scan…
Indonesia tariff negotiator to meet Howard in US, aims to tout natural resources Indonesia will highlight its strategic importance in…
UAE joins Saudi Arabia, Kuwait, Qatar, Bahrain and Oman in advancing GCC railway network The Gulf Cooperation Council (GCC) countries—Kuwait,…
Pakistan invites US companies Pakistan has invited US companies to explore the potential of public-private partnerships and joint ventures in…
Maritime shipping is a crucial component of global trade, handling over 80 percent of the world’s trade by volume. In…
KPITB Seamlessly Automating Citizen Centric Service Delivery: The Khyber Pakhtunkhwa Information Technology Board is rapidly automating public service delivery across…
Latest global index proposed to manage natural resources more sustainable The global decline of nature is increasingly being felt all…
In 2025 GCC public spending projected to hit $542bn Total public spending by the six Gulf Cooperation Council (GCC) countries…
Budget for FY 2025-26 arrives at a critical juncture The federal budget for FY 2025-26 arrives at a critical juncture.…
Environmental Campaigners Call for End to Antarctic Krill Fishing Environmental campaigners and scientists are renewing their push for a ban…
Yango Signs MoU with Islamabad Capital Territory Police to Enhance Rider Safety Through Smart ICTP and Taxi Verification Integration Yango…
OPEC+ would struggle to cover main Iranian oil supply disruption Oil market participants have switched to dreading a shortage in…
Trump talks business on GCC tour The Gulf Cooperation Council (GCC) region concluded an eventful week as Saudi Arabia, Qatar,…
Government to develop national GI protection strategy Pakistan is working to establish a dedicated Geographical Indications (GI) Registry and is…
EU Begins Planning a New Strategy Last week, shipping ministers from EU member states gathered in Szczecin, Poland to lay…
Govt Assigns Acting Charge of NITB CEO to Faisal Iqbal Ratyal: The Federal Government has assigned the acting charge of…
Our Exploration and Production operations: Oil and Gas According to the Net Zero scenario put forward by the International Energy…
Hiring in UAE and Saudi Arabia rises sharply The pace of hiring in the UAE and Saudi Arabia rose sharply…
SECP orders security initiatives The Securities and Exchange Commission of Pakistan (SECP) has convened an emergency meeting to assess the…
Iranian arms ship makes northbound transit A sanctioned Iranian cargo vessel, which in the past is likely to have been…
IT Minister Rules Out Any Delay in Starlink Launch in Pakistan: Federal Information Technology Minister Shaza Fatima clarified on Friday…
European Union’s pulses market to reach 6.6m tons and $6.3b by 2035 The European Union pulses market is anticipated to…
Economic relationship between Türkiye and GCC countries The economic relationship between Türkiye and the Gulf Cooperation Council (GCC) countries has…
$1B foreign loan deal reached at interest rate of 7.6 pc Pakistan and two foreign commercial banks have reached an…
USTR port fees counterproductive: WSC The World Shipping Council (WSC) said it has concerns about the US Trade Representative’s (USTR)…
LearnOBots Launches One of the World’s Largest STEAM Education Programs in Pakistan: LearnOBots, the pioneer and largest STEAM-based education company…
Milk supply resilient amid worldwide volatility As April draws to a close and we approach the final month of the…
GCC markets offer strong hedge against global economic chaos Amid the ongoing global economic turbulence, the Gulf Cooperation Council region…
Pakistan, Turkiye accept on joint oil, gas bids In a significant development, Pakistan and Turkiye have agreed on forging cooperation…
Norway’s 1st bio-methanol feeders enter service Norway marked a milestone in its efforts to be a leader in green shipping…
IT Minister Unveils Rs. 20 Billion Digital Leap for Inclusive Economy: Federal Minister for Information Technology and Telecommunications, Shaza Fatima…
Finland annual share of natural resources People in Finland have consumed their share of the Earth’s natural resources by Sunday,…
GCC economy to stay strong amid uncertain global viewpoint The Gulf Cooperation Council (GCC) economy is expected to show resilience…
Export facilitation scheme amendments feared to harm apparel sector The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has opposed…
Australia fines bulker A court in Australia sided with its maritime authorities and ordered the owners of a bulker to…
Goods-Related Businesses Are Posing as IT Companies to Avoid Taxes: In a recent meeting of the Senate Standing Committee on…
OPEC+ is supporting a potentially disastrous rise in oil production? Oil prices have fallen fast since the 3 March announcement…
GCC labour force hits 31.8mn: GCC-Stat Data issued by the Statistical Centre for the Cooperation Council for the Arab Countries…
IT exports soar: Pakistan Pakistan is rapidly transforming into a global tech hub, driven by record-breaking IT exports, policy-driven innovation,…
Issue of false flags continues to grow The issue of false flags continues to grow and promises to take center…
Telenor Pakistan Partners with Huawei for Next-Gen CBS Upgrade at MWC 2025: Telenor Pakistan and Huawei have signed a Strategic Cooperation Agreement…
Coal production from captive, commercial mines rises 32.5 pc Commercial mining was introduced as part of the economic reforms process…
Pakistan to double exports in 3-5 years, targeting GCC market Pakistan plans to double its exports within the next three…
Pakistan, Bangladesh start direct trade with rice exports Pakistan and Bangladesh have started direct government-to-government trade after decades of troubled…
Ukraine’s dry bulk exports surge Three years after Russia’s invasion of Ukraine, a dramatic shift in Black Sea shipping patterns…
Mobilink Bank Joins Forces with NymCard and Dellson Associates to Revolutionize Digital Financial Services: Mobilink Bank, Pakistan’s leading digital microfinance…
Ukraine’s natural resources are at centre stage in the ongoing war Three years after Russia’s invasion of Ukraine, the world…
How the GCC’s expanding tourism sector The Gulf Cooperation Council (GCC) countries have experienced a remarkable transformation in their tourism…
Pakistan, Somalia eye stronger trade agreements The Ambassador of Somalia to Pakistan, Sheikh Noor Muhammad Hassan, has expressed a strong…
Ships for America In early February, for the past 30 years, New York’s shipping elite have gathered at what is…
USF to Lay 2000km Optical Fiber Cable Across Pakistan: The Universal Service Fund (USF) has informed the National Assembly Standing…
Tea production falls amid bad weather After a record high output in 2023, the country’s tea production declined last year…
Gulf is a region in bloom? The Gulf Cooperation Council region, encompassing Saudi Arabia, the United Arab Emirates, Qatar, Kuwait,…
In Uraan plan, world bank flags flaw The World Bank has detected a flaw in the recently launched Uraan Pakistan…
In Venezuela false flag shadow tanker detained The Maritime Authority in Guyana is confirming media reports that a tanker being…
Aamir Ibrahim Joins VEON’s Group Executive Committee, Becomes Financial Services Sponsor Across 6 Dynamic Markets: Aamir Ibrahim, CEO of Jazz…
Global oil demand Global oil demand rose seasonally in 4Q24, posting robust annual growth of 1.5 mb/d – the strongest…
GCC countries: from tax havens to global business hubs The Gulf Cooperation Council (GCC) is currently going through its most…
In 2025 Pakistan’s economy needs a boost Pakistan Time and again, has seen fleeting spurts of high growth, averaging five…
Seafarer lost overboard in the Philippines A seafarer working aboard a bulker that was bound for Australia is missing overboard…
Govt to Hire Consultant to Bring Starlink to Pakistan: The Ministry of Information Technology and Telecommunications (MoITT) has decided to…
FAO food price index dips in December The benchmark for world food commodity prices declined in December compared to the…