In The News

Qatar airways will start flights to Dubai and Abu Dhabi shortly Qatar Airways will resume flights to the UAE, starting with services to Dubai International on January 27 and followed by Abu Dhabi on January 28. Qatar’s flagship carrier will …

Government plans to sell 10 additional entities The Pakistan Tehreek-e-Insaf (PTI) government is considering privatising 10 more entities including Zarai Taraqiati Bank Limited (ZTBL) and two gas utility companies amid slow progress on one and a half dozen enterprises that …

New quality standard and ngo for dry bulk sector launched Supported by the International Chamber of Shipping (ICS) and Bimco, DryBMS is escribed as a simple set of best practices and key performance indicators intended to raise the bar on …

PAKISTAN NEWS: Navigating the digital transformation route for Pakistan: Digital transformation is the integration of digital technology into most, if not all, areas of a society, fundamentally changing how you operate and deliver value to your end-users and consumers. Digital …

Global milk supply growth forecast to slow in 2021 Despite the disruption to food markets by coronavirus early in the year, dairy markets recovered quickly and remained surprisingly robust through 2020. This resulted in better than expected growth in milk …

Dubai benchmark gained for a third successive session The Gulf biggest lender Qatar National Bank was the top gainer on the Qatari benchmark, adding 2.4 percent, while Qatar Islamic Bank tacked on 1.8 percent. Activity in the UAE’s non-oil private sector …

Deadline expires, but Riyadh yet to sign debt suspension pact with Islamabad Saudi Arabia has not signed a formal agreement with Pakistan for debt suspension under the G-20 initiative till the expiry of the deadline set for the purpose. The …

Global Maritime Industry Ocean shipping companies lead the fight against the empty container build-up The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container backlog shows the incredible support being given by …

PAKISTAN NEWS: PTCL, Avaya partner to enable blended work environment with launch of avaya spaces: Pakistan Telecommunication Company Limited (PTCL) and Avaya Holdings Corp have signed a partnership agreement where PTCL will launch Avaya Spaces, the all-in-one workstream collaboration app …

Defra cut UK harvest 2020 wheat production estimate: feed market report UK ex-farm grain prices gained throughout December. With spot feed wheat quoted at £197.60/t and feed barley at £143.30/t, on 31 December. This has increased the discount of feed …

DP World, Senegal sign agreement to develop Ndayane port DP World, and the Government of Senegal, have signed agreements for the development of a deepwater port at Ndayane, approximately 50 kilometres (km) from the existing port and near the Blaise …

Microfinance recoveries stall The microfinance sector of Pakistan is currently undergoing a recovery from the dent endured during the Covid-19 lockdown. The sector, which had posted a steady growth over the past few years, recorded a decline in 2020. The …