World oil prices decline Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month,…
Browsing: In The News
GULF STATES – ECONOMICS & FINANCE Emirates launches special fares on UAE’S national day Emirates airline has launched special fares…
*PM’s initiatives for financial inclusion and shelter homes Prime Minister Imran Khan launched the Financial Inclusion Strategy initiative under his…
Jordan PM says 2020 budget to focus on growth to ease unemployment The Jordanian Prime Minister, Omar Al Razzaz, said…
ECONOMIC TIMES OF PAKISTAN Chinese investors keen to pour $2 bn into PSX Chinese investors have expressed keen interest in…
WORLDWIDE SHIPPING INDUSTRY Baltic index gains on stronger vessel demand The Baltic Exchange’s main sea freight index, which tracks rates…
WORLD COMMODITIES TRADING World oil prices tumble on fresh trade tensions, record us crude output Oil prices fell on Friday,…
GULF STATES – ECONOMICS & FINANCE 75PC of UAE companies don’t set aside assets for end-of-service gratuities Three quarters of…
Pakistan’s external debt, liabilities rise $600mn Pakistan’s total external debt and liabilities increased $600 million to $106.9 billion in first…
Govt revises economic growth target The government has revised the economic growth target for the ongoing fiscal by 1.49 percentage…
*PM says Super 6 wind power projects provide affordable energy Prime Minister Imran Khan has signed a deal for Wind-generated…
Maritime industry confronts boatload of environmental challenges Keeping up in a world hurtling toward the dawn of the IMO 2020…
PAKISTAN NEWS: Sindh is Bringing Back Sales Tax on Cellular Services: Sindh’s provincial cabinet has decided to bring back sales…
World oil prices retreat Oil prices fell on Friday, pulling back from two-month highs as concern over U.S.-China trade talks…
GULF STATES – ECONOMICS & FINANCE GCC launches investigation to protect steel industry The GCC has started a safeguard investigation…
ECONOMIC TIMES OF PAKISTAN Pakistan decides to continue supplying imported lng Pakistan decided on Friday to continue supplying imported liquefied…
*PM gives roadmap to ministries, departments for next 3-month Prime Minister Imran Khan has given a roadmap to ministries and…
ASIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT S&P revises MOL outlook to positive on Azerbaijan acquisition S&P Global Ratings revised the…
WORLDWIDE SHIPPING INDUSTRY Baltic index sheds over 7pc to touch 4-month trough The Baltic Exchange’s main sea freight index, which…
World oil prices move higher Oil prices edged higher on Friday, after falling more than 1% following comments from US…
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…
*Imran Khan lays foundation of first Sikh university in Punjab Prime Minister Imran Khan laid the foundation stone of Baba…
ASIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Singapore economy to stay tepid in 2020; ‘significant uncertainties’ for trade-related sector: MAS Singapore’s…
WORLDWIDE SHIPPING INDUSTRY Baltic index falls on softer capesize demand The Baltic Exchange’s main sea freight index, which tracks rates…
WORLD COMMODITIES TRADING World oil prices climb to 4pc Oil prices rose nearly 4% on Friday on signs of progress…
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…
ASIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Afghanistan ranked 173 in world bank’s ‘doing business’ index The report states that based…
*Imran Khan inaugurates 1,320 MW power plant in Pakistan Pakistan Prime Minister Imran Khan has inaugurated the 1,320 megawatt China…
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…
ASIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Inflation outlook: research Inflation projections for developing Asia are revised up a notch from…
*PM Inaugurates ‘Kamyab Jawan Programme and met Prince William and Kate Middleton Prime minister has launched the first phase of…
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…
Southeast Asia; a short review Data to the end of June 2019 show growth in Southeast Asia remaining robust, though…
*Imran Khan- Man of the Year, departs from china after successful visit Prime Minister Imran Khan has been named Man…
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…
WORLD COMMODITIES TRADING World oil prices up over 2pc Oil prices rose more than 2% on Friday after Iranian media…
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…
PM to launch “Mera Bacha Alert” app . PM Khan visits quake-hit Mirpur. Mera Bacha Alert Prime Minister Imran Khan…
Indonesia’s Jokowi promises to make new labour and investment rules Indonesian President Joko Widodo said he will introduce sweeping changes…
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),…
WORLD COMMODITIES TRADING Oil prices up, but crude ends week down 5pc Oil prices rose about 1% on Friday as…
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…
South Asia remained fastest growing region globally South Asia remained the fastest growing region in the world last year. However,…
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…
WORLD COMMODITIES TRADING World oil prices post weekly loss Oil prices fell on Friday and posted a weekly loss on…
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…
WORLD COMMODITIES TRADING World oil prices slip after 20pc jump World oil prices eased on Friday on renewed concern over…
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…
WORLDWIDE SHIPPING INDUSTRY First LNG cargo leaves $15 bn site as US exports grow The first cargo of liquefied natural…
PAKISTAN NEWS: Oppo to launch its a series 2020 smartphones: Oppo is excited to announce that on Sep 19th it…
WORLD COMMODITIES TRADING World oil slips toward $60 on demand worries Oil slipped to around $60 a barrel on Friday…
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…
WORLD COMMODITIES TRADING World oil futures fall Oil futures fell on Friday, with US crude down nearly 3% ahead of…
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…
WORLD COMMODITIES TRADING OPEC sees bearish oil outlook for rest of 2019 OPEC delivered a downbeat oil market outlook for…