PAKISTAN NEWS: PTCL Partners With Cloudflare to Improve Internet Response Time: In an effort to further optimize network performance, PTCL…
Browsing: In The News
World oil climbs on upcoming us-china talks Oil rose nearly 2 percent on Friday after proposed trade talks between the…
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…
PAKISTAN NEWS: Tax structure for mobile phone imports: The government finalized the tax structure for mobile phones being brought to…
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…