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Gulf In Focus

Gulf News

Remarkable performance of Qatar in 2021 Despite the repercussion of the COVID-19 pandemic, which continued to threaten the world’s economies during 2021, the Qatari economy recorded a remarkable positive performance at various levels due to rational policies, a flexible economic approach to crisis management, and forward-looking plans, which enhanced Qatar’s …

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Pakistan In Focus

Pakistan News

Business community decry hurdles to trade Businessmen have said that Pakistan-Turkey cargo train has kick-started operations in a smooth manner, however, commercial banks are creating bottlenecks in the way of issuing export forms on the pretext that the trade route involves journey through a sanctioned country, ie Iran. In a …

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Ports & Shipping

Shipping News

5 alternative container ports for avoiding congestion The Los Angeles-Long Beach ports complex was the poster child for supply chain gridlock in 2021, with dozens of vessels scattered for miles off the coast waiting for a berth and piles of containers bringing landside cargo flow to a crawl. Vessels are …

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Technology

Technology News

China Mobile shares rise in Shanghai debut after US exit: China Mobile shares have risen as they started trading in Shanghai after raising $7.7bn (£5.7bn) in China’s biggest public offering in a decade. The shares opened 9.4% higher before ending the day just 0.5% higher. China Mobile’s smaller rivals, China …

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Commodity

Commodity News

Iron ore futures rise in rangebound trade Iron ore futures edged higher on Wednesday but were stuck in a narrow trading range, as restocking demand propelled spot prices in China to the highest in more than a week despite renewed steel production controls in Tangshan city. The most-traded iron ore …

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Gulf In Focus

Gulf News

Kuwait records lowest drop among GCC in active oil refining projects from Feb 2020: According to a report of MEED magazine, the value of active refining projects in the Middle East and North Africa has declined amid the shift of ongoing global energy away from fossil fuels, in addition to …

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Pakistan In Focus

Pakistan News

Revised state bank bill vague on inflation The revised State Bank of Pakistan (SBP) Amendment Bill still remains vague about the inflation target and accountability of the central bank governor for missing the goal while maintaining a complete ban on federal government’s borrowing, reveals a new draft. A comparison of …

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Ports & Shipping

Shipping News

Baltic index falls as capesizes hit lowest in seven months The Baltic Exchange’s dry bulk sea freight index declined on Wednesday, pressured by lower rates across the capesize vessel segment, recording its lowest level since June. The overall index, which factors in rates for capesize, panamax and supramax vessels, lost …

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Technology

Technology News

IT Sector Can End Pakistan’s Current Account Crisis Alone: Imran Khan: PM Imran Khan, while Inaugurating Technopolis, a Special Technology Zone (STZ) in Lahore, said that the technology industry could solve current account deficit issues. The Prime Minister told the attendees that the technology sector was alone capable to overcome …

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Commodity

Commodity News

How to protect our paddy farmers Farmers’ cry after failing to cut a profit in every harvest season has become a routine headline for Bangladeshi newspapers. At the same time, people are struggling to afford a sufficient amount of rice throughout the country. These two facts paint quite a contradictory …

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Gulf In Focus

Gulf News

Mohammed Bin Salman’s Oman visit could secure investment projects worth $10bn Gulf: The visit of Saudi Crown Prince Mohammed bin Salman to Oman could bring a financial windfall to the sultanate with projects worth $10 billion– ranging from oil and gas to the maritime sector – an Omani government official …

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Pakistan In Focus

Pakistan News

Dubai energy firm to invest in Pakistan A Dubai-based power sector company is eyeing investment in refrigerant gasses and ADNOC lubes in Pakistan, with an initial investment worth $15 million. In a seminar organised by the Board of Investment at Pakistan Pavilion – Dubai Expo, Brother Gas Managing Director Kashif Maqsood …

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