Browsing: In The News

WORLDWIDE SHIPPING INDUSTRY Baltic index sheds over 7pc to touch 4-month trough The Baltic Exchange’s main sea freight index, which…

GULF STATES – ECONOMICS & FINANCE Top gold, jewellery, fashion brands offer up to 90pc discount in Dubai As shoppers…

ECONOMIC TIMES OF PAKISTAN Pak unveils strategy to move to cashless economy Pakistan has launched a strategy for transforming its…

WORLDWIDE SHIPPING INDUSTRY Baltic index falls on softer capesize demand The Baltic Exchange’s main sea freight index, which tracks rates…

GULF STATES – ECONOMICS & FINANCE Gulf navigation holding records 19pc revenue growth Gulf Navigation Holding, the Dubai Financial Market…

ECONOMIC TIMES OF PAKISTAN NA doubts FBR missed target due to low imports A parliamentary panel has expressed doubts about…

WORLDWIDE SHIPPING INDUSTRY Shippers looking to reduce the carbon footprint From higher-quality paint to state-of-the-art propellers: shipping companies are looking…

WORLD COMMODITIES TRADING World oil prices post strongest weekly gain Oil prices rose on Friday, registering the strongest weekly gains…

GULF STATES – ECONOMICS & FINANCE Enoc opens three service stations in Sharjah Enoc Group has recently opened three service…

ECONOMIC TIMES OF PAKISTAN Pakistan’s C/A deficit narrows to 41-month low The current account deficit narrowed 80percent to a 41-month…

WORLDWIDE SHIPPING INDUSTRY Baltic index hits one-week trough on sluggish demand The Baltic Exchange’s main sea freight index, which tracks…

PAKISTAN NEWS: Mobile ecosystem contributes $16.7 billion to Pakistan’s economy: The mobile ecosystem in Pakistan plays an increasingly important role…

WORLD COMMODITIES TRADING Russia nears 100pc compliance with oil production target Russia’s oil production inched down to 11.23 million barrels…

GULF STATES – ECONOMICS & FINANCE UAE central bank sets early exit fee limit for mortgages The Central Bank of…

ECONOMIC TIMES OF PAKISTAN Trade deficit narrows 35pc to 5.7 bn in q1 Pakistan’s trade deficit has narrowed nearly 35percent…

WORLDWIDE SHIPPING INDUSTRY Shipping confidence dips as trade wars intensify Confidence in the shipping industry fell in the past three…

PAKISTAN NEWS: SCO & Ufone Sign a Bilateral Roaming Services Agreement: Special Communications Organization (SCO), the largest telecom service provider…

GULF STATES – ECONOMICS & FINANCE Khidmah wins 14 contracts across the UAE Khidmah has won 14 new contracts in…

ECONOMIC TIMES OF PAKISTAN High tax burden leads to closure of industry Textile exporters have lamented that they have been…

WORLDWIDE SHIPPING INDUSTRY Baltic index down for 6th straight session on sliding Panamax rates The Baltic Exchange’s main sea freight…

PAKISTAN NEWS: Hunarmand App Launched to Provide Jobs & Training to Pakistani Youth: National Vocational and Technical Training Commission (NAVTCC),…

GULF STATES – ECONOMICS & FINANCE UAE’s digital strength clicks The UAE jumped five places to 12th position in the…

ECONOMIC TIMES OF PAKISTAN Businessmen asked to launch plastic bag substitutes Industrialists must come forward to introduce substitutes for plastic…

Pakistan inked MoU focusing on poverty alleviation with Bill Gates Foundation Prime Minister Khan has launched a comprehensive Poverty Alleviation…

WORLDWIDE SHIPPING INDUSTRY Baltic index hits one-month low The Baltic Exchange’s main sea freight index, which tracks rates for ships…

PAKISTAN NEWS: PTCL is Taking Its Digital Presence to the Next Level: In today’s connected world, digital has become one…

GULF STATES – ECONOMICS & FINANCE Damac awarded ‘property developer of the year’ for 2019 Damac Properties has recently been…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT RBI governor Shaktikanta Das’ first reaction to corporate tax cut Reserve Bank of India…

ECONOMIC TIMES OF PAKISTAN Trade deficit contracts 36pc to $3.9bn in Jul-Aug fy20 Pakistan’s trade deficit shrank 36percent to $3.9…

WORLDWIDE SHIPPING INDUSTRY Baltic index falls for tenth straight session The Baltic Exchange’s main sea freight index, which tracks rates…

PAKISTAN NEWS: Moitt forms an authority for updating it education in universities: The Ministry of IT and Telecommunication is trying…

GULF STATES- ECONOMICS & FINANCE UAE banking sector assets surge to Dh2.87t The UAE banking sector maintained its position as…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Why last 15 minutes of lander Vikram are most crucial? In less than 13…

ECONOMIC TIMES OF PAKISTAN Italian firms encouraged to invest in energy sector The government has an open door policy for…

PAKISTAN NEWS: Oppo to launch its a series 2020 smartphones: Oppo is excited to announce that on Sep 19th it…

GULF STATES- ECONOMICS & FINANCE UAB to offer housing finance solutions to uae nationals United Arab Bank (UAB) recently signed…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Q1 GDP numbers to be out today; India likely to grow at 5.2 to…

ECONOMIC TIMES OF PAKISTAN PIA seeks pkr 10bn more to stay afloat The government on Friday showed its reluctance to…

WORLDWIDE SHIPPING INDUSTRY Baltic index at 5-1/2 years high The Baltic Exchange’s main sea freight index rose to its highest…

PAKISTAN NEWS: Apple allows independent shops to repair iphones: There was a surprising announcement by Apple that it will allow independent…

GULF STATES| ECONOMICS & FINANCE Phone scam warning for UAE residents Scammers and fraudsters have become bolder and are now…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Govt withdraws surcharge on long, short term capital gains Union Finance Minister Nirmala Sitharaman…

ECONOMIC TIMES OF PAKISTAN Conditions eased for solar panel import The government has relaxed some conditions for an extended period…

WORLDWIDE SHIPPING INDUSTRY US seaports record surging volumes on back of robust economy Many US sea ports achieved record or…

PAKISTAN NEWS: Zong Achieves 1Gbps Speed on its 5G Network in Pakistan: Zong showcased its 5G network to the world…

WORLD COMMODITIES TRADING Oil prices fall as Us-China trade war escalates Oil prices fell on Friday after China unveiled retaliatory…

GULF STATES – ECONOMICS & FINANCE Guests from UAE and Saudi Arabia dominate hotel eid bookings UAE residents and visitors…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Auto industry unanimous on its demand for gst cut to 18pc The auto industry…

ECONOMIC TIMES OF PAKISTAN FBR recovers just $6mn from OECD treasure trove Despite high priority of Prime Minister Imran Khan,…

WORLDWIDE SHIPPING INDUSTRY Baltic index slides for twelfth session on sluggish demand The Baltic Exchange’s main sea freight index extended…

PAKISTAN NEWS: Telenor Pakistan gets ready to bring 5G to Pakistan: Telenor Pakistan and its network partners have geared up…

GULF STATES| ECONOMICS & FINANCE Loans get cheaper in UAE The Central Bank of the UAE on Wednesday said that…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT SBI share price falls over 3percent post q1 earnings State Babk of India stock…

ECONOMIC TIMES OF PAKISTAN PKR stable against $ The rupee remained stable against the dollar at Rs159.5/160 in the inter-bank…

WORLDWIDE SHIPPING INDUSTRY Weak iron-ore shipping demand drags down Baltic index The Baltic Exchange’s main sea freight index fell for…

PAKISTAN NEWS: PTCL supports NIC Karachi on graduation of its first cohort of startups: PTCL is proud to support the…

GULF STATES| ECONOMICS & FINANCE UAE, Saudi non-oil sector key to reignite me growth The non-oil sector of the UAE…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT PMO ‘unaware’ of implications of sovereign debt is a specious argument As both the…

ECONOMIC TIMES OF PAKISTAN Pakistan lacks a consolidated system Pakistan lacks a consolidated system for recording and reporting its debt…

WORLDWIDE SHIPPING INDUSTRY Baltic index falls on sliding Capesize rates The Baltic Exchange’s main sea freight index fell for a…

PAKISTAN NEWS: IT industry revenues have reached $4.1 billion: On the directions of Federal Minister for Information Technology & Telecommunication,…

GULF STATES| ECONOMICS & FINANCE Sheikh’s China visit to focus on oil, energy and tech The UAE has pledged to…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Garib Rath train restored on 2 routes The Railway Ministry on Friday rolled back…

ECONOMIC TIMES OF PAKISTAN Promotion of foreign direct investment stressed The Islamabad Chamber of Commerce and Industry (ICCI) has expressed…

WORLDWIDE SHIPPING INDUSTRY Baltic index extends gains on Capesize, Panamax demand The Baltic Exchange’s main sea freight index rose on…

PAKISTAN NEWS: Huawei Wants to Set Up Regional Headquarters in Pakistan: Leading Chinese mobile phone company Huawei is keen to…