PAKISTAN NEWS: Tax structure for mobile phone imports: The government finalized the tax structure for mobile phones being brought to…
Browsing: In The News
World oil prices decline Oil prices slipped on Friday after China reported slower economic growth, pointing to lower fuel demand…
Tea, coffee to lead growth in UAE’S F&B industry The tea and coffee segment would be a key driver of…
India to retain top position in remittances with USD 80 billion, says World Bank India will retain its position as…
CPEC size to stay at $50 bn for now Size of the China-Pakistan Economic Corridor (CPEC) will remain unchanged at…
Floating lng cargoes in Asia find buyers as prices plunge Several liquefied natural gas (LNG) cargoes that had been stored…
PAKISTAN NEWS: A Chinese company’s free satellite Wi-Fi: If anybody claims to offer free Wi-Fi, it feels like too good…
Pakistan seeks Belarusian technologies for dairy sector Pakistan on Wednesday sought Belarusian technologies to improve milk processing and dairy production…
Petrol prices reduced in UAE for December Motorists across the UAE celebrated as the Ministry of Energy and Industry announced…
India’s q2 gdp clocks 7.1% growth; massive fall from 8.2% but still beats China India clocked a 7.1% GDP growth…
IDEAS 2018: 1st-ever multipurpose battle vehicles launched Pakistan has successfully launched the first-ever ‘multipurpose infantry fighting vehicle’ which will increase…
Dry freight index rebounds 20pc from 7-month low The Baltic Dry Index (BDI) – which tracks global dry freight rates…
PAKISTAN NEWS: Unregistered mobile phones set to be blocked Pakistan Telecommunication Authority (PTA), last week, notified to block all unregistered…
World oil prices decline Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar but…
Unlimited VAT refunds for tourists visiting UAE Tourists visiting the UAE have a reason for joy as the government has…
PM Narendra Modi’s infra development vision to play catalytic role in overall economic growth: Assocham Lauding PM Modi for launching…
IMF: Pakistan should let market forces decide rupee’s fate The International Monetary Fund (IMF) has asked Pakistan to let market…
Stronger capesize demand pushes up baltic index The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry…
PAKISTAN NEWS: Govt Likely to Allow Import of Used Smartphones: In a major policy shift in the telecom sector, the…
World oil prices hit over one-year low Oil prices slumped up to nearly 8 percent to the lowest in more…
Colour a key driver when GCC buyers decide on purchasing cars Colour plays an important part in the final selection…
Demonetisation ‘key step’ in formalising economy, tackling black money: Arun Jaitley defends noteban As India completes two years of demonetisation…
Remittances increase 21% to $2 bn Overseas Pakistani workers sent home 21% higher remittances amounting to $2 billion in October…
South Korea takes top spot in global ship orders South Korean shipbuilders clinched the No. 1 position in new orders…
PAKISTAN NEWS: Pakistan and Etisalat Resume Talks for Pending Payment for PTCL: Pakistan has decided to reinitiate talks with Dubai-based…
Oil falls as global supply increases Oil prices fell nearly 1 percent on Friday as global supply increased and investors…
Ease of doing business: UAE jumps 10 places to be 11th The UAE has expedited its march towards making the…
India becomes one of 8 countries to get waiver on Trump’s Iran sanctions; here’s how India has become one of…
Core inflation hits 4-year high in Oct The interest rate is bound to rise further in the next monetary policy…
Smaller ports pip major ones in cargo traffic growth, share rises to 42 percent Non-major ports are gradually eating into…
PAKISTAN NEWS: Global Mapping Giant HERE & TPL Maps to Become Technology Partners: TPL Maps (Pvt) Ltd, Pakistan’s first and…
Oil drops as Us allows Iran sanctions waivers Oil prices fell about 1 percent on Friday and notched a weekly…
French food products gaining traction in UAE Food and beverage products from France are gaining momentum in the UAE. French…
Modi-Abe summit: PM says Japan most trusted partner for India’s economic modernisation; key things in focus Ahead of India-Japan economic…
Tax cut on lpg imports turns locally produced gas expensive The government’s decision on reducing taxes on the import of…
Maritime regulator faces growing calls for a gradual rollout of clean-fuel rules International maritime regulators begin a new round of…
PAKISTAN NEWS: Huawei Launches the Midrange Y9 2019 in Pakistan: It’s that time of the year again. Huawei is bringing…
World oil prices move higher Oil prices rose on Friday, supported by expectations that sanctions on Iran would tighten global…
Skills gap? technology itself can solve it As the Fourth Industrial Revolution (4IR) sets in, there are certain concerns that…
India’s nation brand value increases 5% in 2018; US, China dominate most valuable nation brands list India lost one spot…
Early exit from FATF grey list improbable Pakistan is unlikely to have an easy exit from the Financial Action Task…
Strong Asian tanker market in q4 A strong Asian tanker market is expected in the fourth quarter with visible signs…
PAKISTAN NEWS Paypal Service promotion in Pakistan likely: Finance Minister Asad Umar stressed that Pakistan needs a reliable online payment…
Oil rises on surging demand in China Oil prices rose on Friday on signs of surging demand in China, the…
Abu Dhabi to host major global healthcare congress starting 2019 Abu Dhabi will be hosting a major annual healthcare event…
Huge loss! natural disasters cost India $79.5 billion in economic losses in last 20 years: UN With global environmental organizations…
IMF projects inflation rate to hit 14pc by June The International Monetary Fund (IMF) has projected that the average inflation…
US to be big winner of new IMO shipping rules The United States is set to be the big winner…
PAKISTAN NEWS: mycart.pk Named ‘Best Online Grocery’ at 13th Consumer Choice Awards: mycart.pk, the leading Pakistani grocery store, has been…
Oil turns lower as weaker demand outlook weighs Oil prices gave back early gains and turned lower on Friday after…
Dubai shopping fest to begin from December 26 It was good news all around for shopping enthusiasts on Thursday, as…
In a trough: private sector CAPEX lowest since fy08 The share of private investments in the infrastructure sector has fallen…
CNG prices set to increase by up to Rs22.33 per kg Compressed natural gas (CNG) dealers announced on Friday that…
Asia shipping rates may firm on low-sulphur rules Freight rates in Asia may firm as some ports in the key…
PAKISTAN NEWS: Pakistan Railways to Launch Wi-Fi and Online Tracking System: Pakistan Railways will provide Wi-Fi and tracking system facility…
World oil prices mark weekly gain Crude futures steadied on Friday after climbing to four-year highs earlier this week, and…
UAE increases petrol prices for October Motorists in the UAE will have to pay more for fuel from October following…
Uzbekistan to reinforce strategic partnership with India: talks with PM Modi next week Targeting bilateral trade at $1 billion with…
PML-N paid PKR 72bn illegally to power producers: AGP The Auditor General of Pakistan (AGP) has told the new Pakistan…
Germany’s commercial shipping fleet shrinks by a third Germany, one of the world’s main maritime players, saw its commercial fleet…
PAKISTAN NEWS: Facebook misuses phone numbers intended for two-factor authentication Facebook has been using the phone numbers that you gave…
Brent crude hits 4-year high Oil prices rose more than 1 percent on Friday, with Brent climbing to a four-year…
Top UAE banks step up lending as confidence rises The 10 largest listed banks in the UAE maintained increasing levels…
Finance ministry officials to brief parliamentary panel on Ponzi scheme bill Senior finance ministry officials will brief a parliamentary committee…
Pakistan remains undecided on cancelling $400mn loan from ADB With only nine months left in closing of the project, Pakistan…
Singapore bunker fuel demand likely to rebound Singapore delivered bunker fuel demand is expected to see an uptick in September,…
PAKISTAN: Zong 4G continues its speed and network expansion momentum like an F-16: Pakistan’s Leading Data Network, Zong 4G, has…
World oil prices up, OPEC meeting in focus Oil prices were up slightly in heavy, seesaw trading on Friday, giving…
UAE banking sector tops in GCC with h1 assets surging to dh2.7t The UAE banking sector, currently undergoing a new…
Relief on inflation continues! August WPI eases to 4-month low at 4.53% Inflation based on wholesale prices eased to a…
FDI drops 35pc as investors wait for economic policy changes Foreign investors largely remained shy of driving up investments in…
Shipping rates plunge on fears of trade war impact When US President Donald Trump fired the first salvos in his…
PAKISTAN: YouTube Kids Now Lets Parents Control What Content their Children Can View: YouTube Kids has added a new feature…
Oil prices mixed on China tariff talk concerns Oil prices pulled back on Friday on concerns additional U.S. tariffs would…
Abraaj fund unit that managed $14b gets $1 bid The fund unit of the embattled private equity firm Abraaj Group,…
8.2% GDP growth an outcome of reforms like gst, liberalisation of fdi norms by Modi government, says CII The 8.2…
FATF measures assist make bank operations clean The tightening of the monitoring regime to combat terror financing and money laundering…
Tainted shipping fuel sparks calls for tighter quality control A wave of contaminated fuel that has clogged and damaged engines…
PAKISTAN: Ufone launches prepaid data roaming offer for UAE and Saudi Arabia: Keeping up to its all-time commitment of making…
World oil prices steady Oil prices were steady on Friday, with US crude slipping on weak global equity markets while…
Ample liquidity in UAE banking as deposits rise Deposits with the UAE banks increased while credit growth remained flat in…
Two years after demonetisation, over 99% banned notes back; RBI finishes verification Nearly two years after demonetisation, RBI has completed…
Week-on-week: SPI decreases 0.63pc The Sensitive Price Indicator (SPI) for the week ended August 30, 2018 registered a decrease of…
Conditions ripe for container shipping rates to spike Container spot rates are expected to lift soon on the back of…
PAKISTAN: LG unveils curved gaming monitors to compete against Samsung’s offerings: Just like Samsung did recently, LG is using its…
World oil prices slip Oil prices slipped on Friday, pressured by renewed concerns that a global trade war could dent…
Gold prices sink to 19-month low amid strong dollar Gold prices shed over one per cent on Thursday to hit…
FPIs infuse Rs 8,500-crore in capital markets in just 8 trading sessions Foreign investors have pumped in over Rs 8,500…
Circular debt of Rs1.1trillion passed on to new Govt Though the previous Pakistan Muslim League-Nawaz (PML-N) government claimed to have…
ExxonMobil offers bunkering transparency and innovation ExxonMobil has announced that it is the first to supply via an independently accredited…