Mexican port posts historic high volume Mexican major port container volume increased 12.2 percent year on year to 6,375,338 million…
Browsing: In The News
PAKISTAN: #MCBSUPERSAVERS- get additional 30% off on all MCB debit, credit cards: ‘Sales’ and ‘discounts’ are the sweetest words for…
Oil set for strongest January since 2013; wary of data Oil prices fell for a third day on Wednesday ahead…
DH220 million aluminium plant opens at Kizad Ducab Aluminium Company, the latest company to join the UAE’s fast growing aluminium…
PSU bank stocks fall after recapitalisation plan announcement NEW DELHI: PSU bank stocks fell up to 6 per cent a…
Golen Gol project begins electricity generation The Golen Gol hydropower project started electricity generation on Wednesday, marking another landmark as…
Strong capesize, panamax rates push baltic index higher The Baltic Exchange’s main sea freight index rose on Wednesday for the…
PAKISTAN: Xiaomi opens new Mi flagship store in Multan & people are loving it: Good news for Mi Fans in…
Gold, silver prices pop on big US dollar drop Gold and silver prices are solidly higher in early US trading…
Umm Al Quwain Coop offers 2.5m stock for public trade Umm Al Quwain Coop has announced that 2.5 million stocks…
Last GST council meeting ahead of budget 2018: what to expect NEW DELHI: On Thursday, the GST Council -governing body…
SBP warns C/A gap can disrupt growth cycles Pakistan’s economy has exhibited strong growth in the first quarter of current…
Container market still competitive With nearly 400 different vessel operators plying their trade worldwide there is plenty of competition and…
PAKISTAN: National savings app lets you check investment info, prize bond results & more: National Savings is continuing to move…
Oil up on threats of rebel attacks in Nigeria, falling US crude stocks Oil prices rose on Thursday on a…
UAE growth to accelerate in 2018 The UAE economy is geared to grow at an accelerated pace at 3.9 per…
Retail inflation to hit 17-month high of 5.1% : Poll India’s retail inflation likely rose to a 17-month high in…
Foreign exchange: SBP’s reserves down 0.88pc, stand at $13.98bn Foreign exchange reserves held by the State Bank of Pakistan (SBP)…
NWE, Persian Gulf ULSD vessels change course on less attractive US arbitrage Vessels heading to the US and Caribbean with…
PAKISTAN: Incentives package to boost IT industry: The Ministry of Information Technology is working on a comprehensive incentives package for…
Oil retreats from $70 highs but set for fourth week of gains Oil prices fell on Friday after hitting a…
Governance drives sustainable growth As an executive director of the Pearl Initiative, Carla Koffel has been building strategic partnerships with…
Mentha oil futures extend gain on rising demand NEW DELHI: Continuing its winning streak for the third day in a…
China to keep offering assistance to Pakistan’s power sector The Power Division has decided to meet individually all investors pouring…
Port of Shanghai again breaks record lifting its 40 millionth TEU Shanghai International Port Group reached a record breaking 40…
PAKISTAN Pakistan dominates ICC’s top 10 tweets from 2017: Pakistan cricket has drastically improved in 2017; from the revival of…
Oil retreats on US output rise after hitting near 2-year high Oil prices fell on Friday, dropping from highs last…
8 places in UAE you got to be at to welcome 2018 Dazzling fireworks or a spectacular light show? A…
Credit growth likely to be muted at 8% this fiscal: ASSOCHAM MANGALURU: Slowdown in economy coupled with high stress level…
Panel directs to refer 14 privatisation cases to NAB A parliamentary panel directed the privatisation ministry to send 14 cases…
2018 seen tough for cargo shipping With more than 220 cargo ships scheduled for delivery in 2018, realizations of container…
PAKISTAN: Flash sale: grab Xiaomi products with flat 25% discount: One of the world’s largest smartphone makers, Xiaomi has managed…
Oil prices hit highest since mid-2015 US oil prices hit their highest since mid-2015 on the final trading day of…
6 easy tips to help you get a job next year in UAE Sometimes we run into opportunities in the…
Direct taxpayer base growth slows in Modi government’s first 2 years NEW DELHI: Tax concessions and moderate increments have slowed…
Pakistan’s power generation up 2.3pc, but reliance on furnace oil decreases Power generation through furnace oil and hydel reduced 51%…
Shipping confidence at highest level for three-and-a-half years Shipping confidence held steady at its highest rating in the past three-and-a-half…
PAKISTAN Telenor celebrates startup failures and mistakes with velocity duckstories: Telenor Velocity introduces an exciting concept to the startup culture…
World oil prices dip on soaring us production Oil prices dipped on Thursday as soaring US output, fast approaching 10…
Saudi king approves $19 billion of economic stimulus steps The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz…
Rajkot oilseeds complex open- December 14, 2017 Rajkot Oilseed Complex Open- December 14 * Edible oil prices were mixed in…
Trade deficit widens 29pc to $15bn, pressure on reserves to persist Pakistan’s trade deficit widened to $15 billion in the…
Largest automated container terminal in Shanghai China started trial operations of the world’s biggest automated container terminal, the Shanghai Yangshan…
PAKISTAN Zong 4g partners with careem to offer free rides and exclusive discounts: Zong 4G has announced its partnership with…
World oil prices soar Oil prices rose on Thursday as a pipeline outage in Britain continued to support prices despite…
Sharjah hosts Pakistan property exhibition UAE-based Pakistanis can head to ‘Real Estate and Investment Pakistan Expo’ (RIPE), being held at…
Vowing zero tolerance for crime, up invites cos for investment New Delhi: The Uttar Pradesh government invited businesses to invest…
SBP’s reserves decrease 6.55%, stand at $12.7bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) declined 6.55%…
Expanded Panama canal not the only factor in LNG shipping demand The expanded Panama Canal is causing dramatic changes in…
PAKISTAN Zong 4g’s unique business model: Customers before revenue!: Being at the forefront of Pakistan’s digital revolution, country’s largest data…
US crude exports reached 1.73m bpd in Oct US crude oil exports reached 1.73 million barrels per day in October…
ETISALAT, DU TO CHARGE VAT ON PRODUCTS AND SERVICES The UAE’s telecom service providers, etisalat and du, will charge five…
HEALTHCARE’S DILEMMA: BALANCING PUBLIC NEEDS WITH BUSINESS SENSE Even 1,500 gloves, 616 syringes, 11 bottles of human albumin and a…
AJK PM ASSURES OF EQUIVALENT DISTRIBUTION OF FUNDS Azad Jammu and Kashmir (AJK) Prime Minister Farooq Haider said Friday that…
EUROPE BILLIONAIRES IN SHIPPING SPENDING SPREE A shopping spree by two European billionaires is shaking up a shipping industry still…
PAKISTAN GOOGLE OFFICIALLY ANNOUNCES DATALLY APPLICATION IN KARACHI: Google has announced a new application in its bid to give better…
OIL SLIPS ON OPEC DEAL UNCERTAINTY, RISING US FUEL INVENTORIES Oil prices slipped to session lows on Wednesday in a…
PAKISTAN SURF EXCEL #HAARKOHARAO CAMPAIGN HIGHLIGHTS CHILDREN’S WELFARE: On the Universal Children’s Day, Surf Excel, a household name in Pakistan,…
GOLD PRICES DIP, 22K PRICED AT DH146.75 IN DUBAI Gold prices nudged lower on Thursday, with investors taking profits after…
OIL PRICES DIP AFTER US CRUDE HITS NEAR 2-YEAR HIGH Oil prices eased on Thursday, with U.S. crude dipping away…
SHIP OPERATING COSTS STABILISE AS MARKET RECOVERY LIFTS PRESSURE The cost of operating cargo ships rose marginally in 2017 following…
WORLD BANK REPORT HIGHLIGHTS DIFFICULTIES FOR PAKISTAN’S LABOUR FORCE Pakistan will need to tackle the triple challenge of creating enough…
CASHEW RISES ON FRESH BUYING New Delhi, Nov 23 () Cashew prices rose by Rs 5 per kg at the…
PAKISTAN PAKISTANI RESEARCHERS DEVELOP CHEAP NANO PARTICLES THAT CAN HEAL BURNT SKIN: Scientists from COMSATS Institute of Information Technology (CIIT)…
DUBAI AIRSHOW: $114B ORDERS FLY IN FIVE DAYS The region’s largest aviation showcase, Dubai Airshow 2017, ended an action-filled five-day…
GOLD, SILVER MARGINALLY DOWN Gold and silver were trading marginally lower in deals on Thursday on account of subdued demand…
TANKER SHIPPING OVERSUPPLY TO KEEP RATES LOW IN 2018: FITCH A glut of new vessel deliveries and limited scrapping of…
GOVT MAY SACK HEADS OF POORLY PERFORMING POWER COMPANIES The government may sack heads of three power distribution companies for…
LEXUS MAY PRICE NEW COMPACT SUV HYBRID NX 300H AT RS 60 L Mumbai, Nov 17 () Japanese auto major…
PAKISTAN WITHHOLDING TAX EXEMPTION ON RS.100 CARDS PROPOSED: The Senate Standing Committee on Information Technology and Telecommunications Monday recommended for…
70% RESIDENTS NOT AWARE OF ‘FINANCIAL GOALS’ Around 70 per cent of the UAE residents are not sure what steps…
OIL MARKETS SPRING BACK AS OPEC, RUSSIA SUPPORT Oil prices held steady on Thursday after falling late in the previous…
BALTIC SEA FREIGHT INDEX RISES The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk…
MINISTER EXPECTS EXPORTS TO DOUBLE BY NEXT YEAR Minister for National Health Services, Regulations and Coordination Saira Afzal Tarar informed…
JAITLEY’S 10% TAX ON INCOME FROM CARBON CREDITS A MIXED BAG MUMBAI/CHENNAI: The Finance Bill proposes to levy a tax…
PAKISTAN GALAXY S9 AND S9+ MAY HAVE A SMALL FINGERPRINT READER AT THE FRONT: The Galaxy S8 and S8+ and…
DUBAI PROPERTY DEALS CROSS DH204 BILLION IN NINE MONTHS Overall property transactions in Dubai totalled Dh204 billion in the first…
GROWING TEA PRODUCTION IN BANGLADESH The move by the government to increase tea production as well as improve the conditions…
ASIA OIL 180-CST CASH PREMIUMS PARE GAINS Cash premiums of Asia’s 180-cst high-sulphur fuel oil gave up gains made in…
CURRENT ACCOUNT DEFICIT WIDENS 102PC IN Q1 Pakistan’s current account deficit widened 102% in the first quarter (Jul-Sep) of current…
ANIL AMBANI GETS A SEAT ON ATLANTIC COUNCIL ADVISORY BOARD NEW DELHI: Reliance Group Chairman Anil Ambani has been inducted…
PAKISTAN: DUBAI POLICE FORCE ADDS HOVERBIKES FOR EMERGENCY RESPONSE: Dubai is transforming into “Future City”, to get one step near…
VALUE OF EXPO 2020 DUBAI-LINKED PROJECTS HITS DH122B The value of all projects related to Expo 2020 Dubai has touched…
OIL MARKETS FIRM ON TIGHTER US PRODUCTION, OPEC CUT Oil prices were firm on Thursday, supported by ongoing supply cuts…
MEDIUM RANGE FREIGHT RATES TOUCH YEAR LOW Freight rates for Medium Range tankers have dropped and are again teetering on…
STATE BANK LAUDS IMPROVED SECURITY’S IMPACT ON ECONOMY State Bank of Pakistan (SBP) Deputy Governor Jameel Ahmad, while appreciating the…
INDIA’S OIL IMPORTS HIT RECORD HIGH IN SEPTEMBER NEW DELHI: India imported a record 4.83 million barrels per day (bpd)…
PAKISTAN: GOVT APPROVES PROGRAM TO PREPARE 1 MILLION FREELANCERS IN PAKISTAN: The Board of Directors of Ignite, National Technology Fund formerly…
MALABAR GOLD OPENS 3 STORES IN A DAY IN UAE AND KUWAIT Malabar Gold and Diamonds, one among the Big…
OIL PRICES SURGE ON CHINESE IMPORT BOOST AND MIDEAST TENSIONS Oil prices firmed on Friday as bullish news from strong…