Saudi Arabia and Thailand strengthen economic ties Saudi Arabia is set to enhance private sector cooperation with Thailand as the…
Browsing: In The News
Gold hits record high in Pakistan Gold prices in Pakistan reached a new all-time high of Rs254,000 per tola (11.66…
For H2 2024: container shipping market outlook In a five-part series mid-year we take stock of shipping markets in the…
Global IT Outage Disrupts Microsoft Machines, Including Pakistan: A faulty update from cybersecurity provider CrowdStrike caused a significant global IT…
Global oil production increases by 0.15pc in June World oil production rises by more than 0.15 percent, or around 150,000…
Dubai chamber explores opportunities Dubai Chamber of Commerce’s second quarterly roundtable meeting of Business Groups and Councils for 2024 created…
For textile sector mayday call Pakistan economy pivots around two essentials, ie, textiles and energy because 60 percent of our…
Finally, carriers add more loops, cancel fewer sailings Are carrier services getting more predictable? In a volatile, under-supplied market, it…
vivo V30e 5G: What is the Hype All About?: The launch of the vivo V30e 5G has generated significant buzz…
Some Vietnam coffee farms thrive despite drought VIETNAMESE coffee growers have been hit hard this year by the worst drought…
Saudi Banks’ risk profiles stronger than GCC counterparts Saudi banks exceed their Gulf Cooperation Council counterparts in terms of risk…
Reduction in energy tariff demanded The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded that the government…
China: strongest seafarer wage raise China has seen the strongest increase in seafarer wages across the main seafaring countries in…
Asus ROG Phone 9 Appears in its First Ever Leak: Asus’s next gaming phone is not coming until at least…
In April Brazil milk prices rise 18.7pc The Price of the milk produced in April in Brazil closed at BRL…
UAE stock markets mixed amid uncertainty over fed policy Stock markets in the United Arab Emirates were mixed on Friday…
CCP grants a time-bound exemption The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses…
Shipping’s resilience buffeted by threats In 2024, the shipping industry has been caught in a maelstrom of challenges that threaten…
IT Exports to Saudi Arabia Increased by $100 Million: One of the top IT exporters of Pakistan, Noman Said, has…
China’s April coal output falls China’s coal production in April fell to its lowest level since Oct 2022, statistics bureau…
Qatar economy grew 1.2pc year on year in q3, 2023 The Gulf state of Qatar’s real gross domestic product (GDP)…
Indonesia’s q1 GDP growth beats forecasts, but outlook’s uncertain Indonesia’s economic growth in the first quarter beat expectations, buoyed by…
Foreign investors meet Finance Minister A delegation of international investors, led by Ahmad Bozai, MD of Citibank Pakistan, called on…
Ship recycling market picking up the pace The ship recycling has been on a rise last week, with India as…
Classic Nokia 3210 Returns With a New Look After 25 Years: HMD may be rebranding its smartphones, but the Nokia name is…
Lagos-niger partnership to boost rice production- Govt The Lagos State Government has said its partnership with Niger State is to…
Saudi Arabia’s 2024 economic growth forecast cut Saudi Arabia’s economy will grow at a slower pace this year than previously…
Mongolia’s economy expected to grow 4.1pc in 2024 and 6.0pc in 2025 Mongolia’s economy had robust growth in 2023 as…
Bumper wheat crop in Pakistan this year The bumper wheat crop in Pakistan this year is seemingly becoming a nightmare…
LNG shipping: high supply suppresses rates LNG shipping is undergoing major shifts since the start of 2024. In its latest…
Leaked Pak Suzuki Data Allegedly Up For Sale On Dark Web: A threat actor has allegedly auctioned off corporate data…
Miners ignore softer uranium price Uranium markets posted varied performance in March, with the U3O8 uranium spot price declining 6.84…
UAE’s economic rise: opportunities for Pakistan In fewer than fifty years, the United Arab Emirates (UAE) has evolved from a…
World Bank maintains Malaysian GDP growth forecast at 4.3pc for 2024 The World Bank on Monday maintained its forecast for…
The poor and the poorly paid: statistics Pakistan has many economic strata — those who can afford six-figure Eid clothes…
Clarksea index moves 35pc above trend Clarkson Research’s six monthly outlook for the global shipping markets, Shipping Review & Outlook,…
3 Nayatel Products and Services to Try in 2024: Each year, the ever-changing needs of the user take a turn…
Wheat crop shaping up better than past two years Wheat production across Texas looks better than in years past, providing…
GCC real estate sector to grow with projects worth $1.68 trillion in 2024 The real estate sector in the Gulf…
Malaysian Central Bank sees Malaysia to grow between 4 pct to 5 pct in 2024 The Malaysian economy is projected…
Pakistan, UK to launch trade dialogue soon Pakistan and the United Kingdom will soon launch a trade dialogue aimed at…
ETS: ‘Quite A Year’ for ship owners It has been “quite a year” for ship owners preparing for the EU…
Tecno Unveils Cutting-Edge AI and AR Flagship Products at MWC 2024: A Glimpse Into the Future: TECNO, the globally recognized…
Sugar production in Maharashtra crosses 102 lakh tonnes The Sugarcane crushing season is in its final phase in Maharashtra, with…
Saudi-GCC trade grows by 13pc in Q4 The General Authority for Statistics has published a preliminary report on international trade…
UIU hosts vital lecture on Bangladesh’s economic challenges Amid growing concerns over the state of its economy, Bangladesh’s United International…
Moody’s boosts banking viewpoint Moody’s Investors Service has upgraded Pakistan banking sector outlook to stable (Caa3) from negative, believing the…
Red Sea movements and financial security Recent Houthi attacks on vessels passing through the straits of Bab al-Mandab on their…
Cambridge VR research detects early Alzheimer’s risk: Virtual reality (VR) technology has been used to detect the early warning signs…
Rice prices begin to fall as Indonesian authorities probes cartel practice The price of rice has started to decline in…
83pc of businesses in GCC set to raise salary or pay bonus this year Most businesses in the Gulf Cooperation…
Foreign bonds spike in range of 1-6 pct Pakistan’s US dollar-denominated Eurobonds and Sukuks staged an outstanding rally in global…
Global container equipment fleet growth picks up pace Growth in the global pool of shipping containers is picking up pace…
TECNO Mobile Receives Prestigious Award from the President of Pakistan for Technology Transformation and Financial Inclusion of Women: TECNO Mobile,…
Does Australia have the will to develop the next critical mineral at scale? The Forces of demand driven by the…
Profitability and credit growth of GCC banks set to remain strong in 2024 Profitability and credit growth will remain strong…
In 2023 clothing exports to China rise by 3pc The amount of clothing that Pakistan exported to China, both for…
EU ETS: shipping companies now know who to deal with Further to our previous articles on the EU’s Emission Trading…
IT Ministry Urges Finance Ministry, SBP to Revive IT Cash Reward Program: The Ministry of Information Technology and Telecommunication has…
Study points to Africa’s opportunities to increase rice production Africa’s rice sector has major opportunities to increase its yield gains…
Competition between Gulf economies benefits whole region Gulf Economies are benefiting from competition and continue to show signs of growth…
Pakistan customs mark a historic achievement Pakistan Customs, in collaboration with the National Logistics Corporation (NLC), has marked a historic…
An ambitious global test bed for green ships sets sail With 90 percent of traded goods being transported across the…
Tufail Multichem Leverages SAP S/4HANA for Enhanced Operational Excellence and Innovation: Tufail Multichem Industries Pvt Ltd., a leader in the…
Prevention is best defense against Bangladesh crop diseases Bangladeshi farmers are struggling with five major crop diseases, likely reducing the…
Oman sets 2024 budget on average oil price of $60 per barrel Oman is forecasting a budget deficit of 640…
Bangladesh to become 20th largest economy by 2038 Bangladesh is poised for significant growth, with projections placing it as the…
Worldwide bond prices double Pakistan US dollar-denominated global Eurobonds and Sukuk have staged a powerful rally in recent days, suggesting…
2023 ends with two major shipping passages experiencing disruptions Shipping’s two major shipping passages, forged through decades of works and…
IT Ministry to Launch Easy Installment Scheme For Buying Mobile Phones Next Week: The Ministry of Information Technology and Telecommunication,…
Iron ore price climbs to multi-month high on upbeat Chinese data Iron ore futures climbed to multi-month highs on Tuesday,…
Old problems await Kuwait’s new ruler A Sluggish economy, political wrangling and delayed reforms have turned Kuwait into one of…
Energy imports drop 13pc Pakistan experienced a 13 percent decline in overall energy imports, reaching $1.42 billion in November 2023,…
Maritime disruptions in the Suez Canal and Red Sea Attacks on container ships in the Red Sea and Suez Canal…
ZTE Nubia is Working on a Flip Foldable to Rival Samsung: ZTE’s Nubia sub-brand is expected to announce its first-ever…
Revolutionizing rice yield prediction The Increasing global demand for staple crops, projected to rise by 60 percent by 2050, is…
UAE working on national investment strategy: Minister The United Arab Emirates is working on developing a national investment strategy, its…
Chinese firm to buy 30pc stake in PRL State-run oil marketing company Pakistan State Oil (PSO) has agreed to sell…
Newbuildings: more orders for dry bulk carriers More Dry Bulk carriers have been on the shipowners’ radar over the past…
Amazon, Google and other tech giants pledge action on fraud: Fake adverts and romance scams were targeted as technology giants…
US oil production: record output at low prices a troubling combination As Saudi Arabia makes production cuts, its US oil…
Sheikh approves Dubai budget for 2024 to 2026 Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has approved…
Government set to slap hefty tax on retailers Pakistan has informed the International Monetary Fund (IMF) that it is planning…
FBX index November 2023: ramping up the uncertainty As if the container shipping capacity wasn’t sufficiently unpredictable, the past month…
Center of Gaming and Animation to be Established Soon: IT Ministry: The Ministry of IT and Telecom has decided to…
Consumer affairs SECY urges Brazil to grow pulses Union consumer affairs secretary Rohit Kumar Singh on Thursday emphasized the need…
How robust economic growth and reforms are attracting investors to GCC stocks Proceeds from global initial public offerings surged by…
Cotton production slows Pakistan has reported a jump of 62percent in cotton production to 5.99 million bales in the first…
New fuels, new challenges Shipping need’s for decarbonization has increased the needs for alternative fuels and the supply chains to…
Jazz Dominates Ookla’s Latest Mobile Internet Rankings: Ookla, the company behind Speedtest, has unveiled its most recent report evaluating internet…