Browsing: In The News

GULF STATES| ECONOMICS & FINANCE UAE is the fastest growing region: Zoho Zoho, a global provider of cloud-based business software,…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Indigo airlines continues to recruit expat and ‘out-of-job’ pilots At a time when Jet…

ECONOMICS TIMES OF PAKISTAN CPEC likely to contribute 3.5 percent to Pakistan’s GDP China’s investment of over $60 billion in…

INTERNATIONAL SHIPPING INDUSTRY UK hydrographic office works with Seychelles govt to help tackle piracy in the Indian ocean The UK…

PAKISTAN NEWS: Edotco & Jazz partner to expand telecom coverage in Pakistan: Edotco Group (edotco), the leading end-to-end integrated telecommunications…

GULF STATES – ECONOMICS & FINANCE FlyDubai issues travel advisory after grounding 737 max fleet Flydubai has issued a travel…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT SC asks Ex-Ranbaxy promoters to apprise it The Supreme Court Thursday asked former Ranbaxy…

ECONOMIC TIMES OF PAKISTAN FDI drops 23pc after completion of many CPEC projects Foreign investment in different sectors of Pakistan’s…

New supertankers carrying gasoil west hits record Ship builders in Asia are sending a record number of supertankers west carrying…

GULF STATES – ECONOMICS & FINANCE UAE offers platform to harness skills The UAE is known to set trends and…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT IL&FS board asks SFIO, ED To Probe 14 IFIN Directors With fresh revelations of…

ECONOMIC TIMES OF PAKISTAN Over 3 mn consumers receive inflated bills Public gas utilities have charged inflated bills from 3.2…

Asian lpg premiums surge on supply tightness, houston shipping delays Asian LPG premiums have ballooned amid supply tightness in the…

PAKISTAN NEWS: Pakistan has the 33rd cheapest mobile data in the world: Pakistan is ranked 33rd in the global index…

GULF STATES| ECONOMICS & FINANCE Dubai’s private sector continues to foster innovation Companies across Dubai are increasing their efforts to…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT SBI has found fraud worth Rs 7,951.3 crore in Apr-Dec: RTI reply The State…

ECONOMIC TIMES OF PAKISTAN Revenue shortfall widens to pkr 228 bn in Jul-Feb fy19 The Federal Board of Revenue (FBR)…

Ships with scrubbers must lock in high sulfur fuel oil needs to avoid supply hassles Shipowners with scrubber-equipped vessels may…

PAKISTAN NEWS: Redmi Note 7 Pro launched with a better chipset: As if the previous Redmi Note phone wasn’t good…

GULF STATES| ECONOMICS & FINANCE Majid Al Futtaim to launch ‘carrefour business’ Majid Al Futtaim has announced its plans to…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Procter & gamble announces newest commitment to gender equality Procter & Gamble (P&G) announced…

ECONOMIC TIMES OF PAKISTAN Cabinet shoots down ‘sin tax’ proposal The federal cabinet on Thursday rejected a proposal to impose…

Pakistani startup makes it to Google’s launchpad accelerator: Google has announced its fifth accelerator batch, and it includes a Pakistan…

UAE boosting financial inclusion for SMEs Small and medium enterprises represent around 96 per cent of registered firms in the…

Bankers told to back stalled realty projects Giving a fillip to the realty sector, Union Finance Minister Piyush Goyal on…

Pak, Malaysia expected to finalise lng supply deal Pakistan and Malaysia are likely to finalise a multibillion-dollar liquefied natural gas…

PAKISTAN NEWS: StormFiber and Peshawar Zalmi come together to bring the Yellow Storm to PSL: Peshawar Zalmi has pulled off…

Etihad, Royal Jordanian ink new codeshare deal Etihad Airways and Royal Jordanian have announced a new codeshare partnership which will…

RBI fines Rs 1 crore on SBI State Bank of India on Thursday said that the Reserve Bank of India…

Punjab to organize 6-8 new industrial zones The Punjab government is striving to extend maximum facilities to promote local industry…

Global container freight market bearish as lunar new year hits Sentiment in the container freight market has turned largely bearish…

PAKISTAN NEWS: PTA & ICANN Hold a Workshop on DNS Abuse and Misuse: Pakistan Telecommunication Authority (PTA), in collaboration with…

Free zones lift UAE non-oil trade by 2.5% to dh1.2 trillion The UAE’s non-oil foreign trade grew 2.5 percent to…

Air India remains a knotty problem What started as a massive exercise to privatize the loss-making state-run carrier Air India,…

Inflation hits highest in 4 and 1/2 years The inflation reading spiked 7.2percent in January, hitting the highest level in…

PAKISTAN NEWS: New Guidelines for Registration of Imported Mobile Phones: The federal government has approved the extension in the launch…

UAE economy set for 3.8pc annual surge until 2023 Driven by an uptick in investment flows and private consumption, the…

SC issues notice to RBI on pleas alleging violation The Supreme Court Friday sought RBI’s response on two pleas seeking…

Government to dissolve transfer pricing directorate The federal government, in its supplementary finance bill, has recommended the withdrawal of legislation…

PAKISTAN NEWS: Under-Invoicing of IT Products Has Cost Pakistan Rs40Bn in 5 Years: Pakistan is witnessing huge under-invoicing in information…

GULF STATES – ECONOMICS & FINANCE Saudi Arabia to set up $10b oil refinery in Pakistan Saudi Arabia plans to…

INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT 25 pc increase in university seats will take years: officials A day after Union…

PAKISTAN’S ECONOMIC TIMES New 5-year plan faces hard choices The Pakistan Tehreek-e-Insaf (PTI) government faces a tough choice between implementing…

PAKISTAN NEWS: Govt to Launch Online Portal for Registration & Tax Payment of Phones: The government has come up with…

Dubai customs, Indian firms explore ways to promote trade Dubai Customs’ director Ahmed Mahboob Musabih and Indian Consul-General in Dubai…

NITI Aayog ceo proposes nil road tax for electric vehicles NITI Aayog CEO Amitabh Kant on Thursday said that he,…

Homegrown 5-year economic stabilisation programme The government has decided to present a ‘homegrown’ five-year economic stabilisation programme in the National…

UAE salary guide: what you should be paid in 2019 The UAE continues to see strong demand from international brands…

Govt indicates printing of Rs 2000 note stopped for now The government Friday indicated that printing of Rs 2,000 bank…

Foreign exchange: SBP reserves dip 2.28pc, amount to $7.29bn The foreign exchange reserves held by the central bank shrank 2.28…

South korean shipbuilders to benefit from LNG ship orders in 2019 South Korean shipbuilders are expected to continue to benefit…

PAKISTAN NEWS: PTCL Partners With Cloudflare to Improve Internet Response Time: In an effort to further optimize network performance, PTCL…

UAE consumers careful about spending in q3 Consumers across the UAE and Saudi Arabia were increasingly cautious about their spending…

India eyes USD 100 billion FDI in next two years: Suresh Prabhu India will aim to receive USD 100 billion…

Government to provide forex for CPEC debt repayment The government of Pakistan is legally bound to ensure the provision of…

Container market improving, but still shaky A less than convincing performance in the Asia to Mediterranean headhaul market and a…

PAKISTAN NEWS: E-Commerce in Pakistan witnesses a rapid growth of 94pc: According to a report released by the State Bank…

What’s in store for OPEC in 2019? OPEC has come through some turbulent times in the last few years as…

ADNOC awards Austria’s OMV 5% stake The Abu Dhabi government and the Abu Dhabi National Oil Company (Adnoc) have awarded…

Indian farmers get $9bn loan relief ahead of elections Three newly elected Indian state governments have waived up to $8.6…

No transmission lines for solar, wind energy plants The investors engaged in setting up solar and wind power plants are…

Korean shipyards almost sweep LNG ship orders South Korean shipbuilders have bagged over 80 percent of new orders placed around…

PAKISTAN NEWS: Microsoft launches all in one office app for Windows 10: Microsoft is making its MS Office suite more…

World oil prices tumble Oil prices fell on Friday to their lowest since the third quarter of 2017, heading for…

Boom years ahead for middle east Despite the general economic slowdown, there will be unprecedented growth in the region in…

Exports up 0.8 percent in November; trade deficit widens to usd 16.6 billion India’s exports grew by a meagre 0.80…

Pakistan has sufficient lpg stock Liquefied Petroleum Gas Distributors Association (LPGDA) Chairman Irfan Khokhar has claimed that the country has…

USGC clean tanker rates hit multi-year highs Rates in the Americas clean tankers market for vessels leaving the US Gulf…