Browsing: In The News

PIA suffers PKR 38b loss in first 3-month of 2023 The Pakistan International Airlines (PIA) suffered a loss of Rs38…

Savvy to the Rescue: Savyour Becomes World’s First-Ever Cashback App with AI-Backed Shopping Assistant: Savyour, the pioneering cashback app from…

Rice assistance payment rolls out More than a year ago, members of the rice community began working with Sen. John…

Dubai tops global charts in foreign investment: $12.8bn infusion and 38,500 jobs Gulf: According to the Financial Times, Dubai emerged…

No choice but to revive IMF: Mifta Former-finance minister Mifta Ismail has warned that Pakistan current economic crisis has left…

Samsung Hits Breakthrough in Next Gen Batteries for Phones and EVs: Similar to many other major technology companies, Samsung’s battery…

The real reason big oil is refusing to boost production Over the last couple of weeks, a stand-off has been…

Surge in non-oil business raises the UAE’S PMI: S&P global An Increase in new orders, backed by rising customer demand…

Flour industrialists threaten to go on strike Pakistan Flour Mills Association (PFMA) has given a 24-hour deadline to the Sindh…

Realities of a multi-fuel future Decarbonising the shipping industry is a complex challenge, yet a wholesale switch to green fuels…

Motorola Edge 40 Pro Arrives in US With Bigger Battery: The Motorola Moto X40 is still making its way around…

Global rice production falls, affecting food security According to the Food and Agriculture Organisation of the United Nations (FAO), world…

UAE economy to grow at a faster pace next year: IMF The International Monetary Fund (IMF) on Tuesday projected that…

IMF sticks to its guns on staff-level agreement Pakistan emphatically requested the International Monetary Fund (IMF) on Wednesday to show…

Green shipping: a $1.9tn investment opportunity? Shipping is the most carbon efficient means of transportation (on a CO2 per ton-km…

IT Ministry Set to Launch Telecom Infrastructure Sharing Framework: The Ministry of Information Technology and Telecommunication (MoITT) is all set…

Inter-provincial sugar transport to require permit Amid an increase in the price of sugar, the Punjab government has formulated a…

China is getting comfortable with the Gulf Cooperation council The People’s Republic of China’s (PRC) expanding political and economic footprint…

Pakistan gets Saudis’ ‘Green Signal’ for dollar 2 bn funding Pakistan has received the nod for funding to the tune…

Record cuts in container shipping costs in 2023 As many shippers/BCOs conclude their annual tender negotiations for new transpacific contracts…

Govt to Launch Marketing Export Program to Enhance IT exports: The Federal Government has decided to launch a Technology Marketing…

Amid changing climate, Bangladesh farming groups conserve indigenous rice seeds Bangladesh, the fourth biggest rice-producing country in the world, produces…

All eyes on Saudi Arabia, UAE and Qatar to bail out Pakistan’s struggling economy Pakistan is looking towards the Gulf…

For economic growth strong IPR system required Karachi business leaders are advocating for a strong intellectual property rights (IPR) system…

Product tankers in Asia to keep benefiting from Australian demand Product tankers and more specifically, MRs are to keep benefiting…

KP to Launch Wheat/Atta Supply Chain System Ahead of Ramadan: The Food Department and Khyber Pakhtunkhwa Information Technology Board (KPITB)…

Wheat production to remain good as temperature unlikely to impact the crop With the procurement of wheat during last season…

Kuwait: gas half full Late in January, Jasem Albudaiwi was appointed secretary general of the Gulf Cooperation Council (GCC). A…

Saudi prince launches $100mn tech house in Pakistan Prince Fahad bin Mansour Alsaud has formally launched the Saudi-Pakistan Tech House…

ITCN Asia ’23 Explores the Future of Technology and Innovation: The conference was a gathering of Pakistan’s tech ecosystem, including…

Meat, dairy and rice production will bust 1.5c climate target Emissions from the food system alone will drive the world…

Dubai chambers’ membership grows by 20pc to 347,600 Dubai International Chamber opened four new international offices in 2022, growing its…

Pakistan and IMF talk Pakistan and the International Monetary Fund (IMF) on Wednesday failed to break impasse on a new…

Why skills development is vital for shipping’s green transition Moving towards a low-emission global economy will create tens of millions…

Better and Easier – tabiyat.pk’s New Update is Here: tabiyat.pk has recently undergone a major update, bringing with it a…

Hot temperature to heat up prices, reduce wheat yield: CRISIL The hot temperature if persists in March may not only…

Economist magazine describes Kuwait as the sick man in the gulf Because of the demand to cancel or reschedule loans,…

Pakistan to repay foreign debt value $22 bn in 12 months Amid efforts to dodge the imminent risk of default,…

Technology news this week: Industry Leaders to Discuss Innovation in Banking at DigiBAP2023: The rapidly evolving technology landscape is having…

Indore: increase import duty on edible oil to curb the falling prices There is need to increase the import duty…

Education, Qatar’s economic pillar In just a few years, Qatar has gone from having an economy based on pearl fishing…

PM Shehbaz in a quandary on how to sweeten bitter IMF pill Prime Minister Shehbaz Sharif on Wednesday withheld his…

IT Ministry Yet to Appoint New USF Board Members: The Ministry of Information Technology and Telecommunication (MoITT) is yet to…

Smart thinking will boost local rice production – agribusiness practitioner Ghanaian radio personality and agribusiness practitioner, Kojo Akoto Boateng, has…

SMEs drives Saudi Arabia economy Small and medium-sized enterprises are a driver to reckon with in Saudi Arabia as the…

Business community demand easing of import curbs Pakistan must increase exports to sustain economic growth, therefore, the State Bank of…

Shipping: navigating towards a greener future Nine out of ten goods traded globally are transported by ship. Without shipping, we…

Gadgets unveiled at CES but Russia is banned: One of the world’s largest technology shows kicks off in Las Vegas…

New Govt policy to facilitate cultivation of 2.7mln hectares of rice According to the recently launched National Rice Development Strategy…

Bahrain telecom operator is ready for crypto payments Gulf: A famous subsidiary of Bahrain Telecom Operators STC group recently announced…

Etisalat’s $263mn settlement offer refused Pakistan on Tuesday turned down an offer from Etisalat for the settlement of a privatisation…

Ship recycling market still under pressure The Ship recycling has remained under pressure, despite a few positive signs here and…

World’s First Wireless TV is Launching in Two Weeks: The Consumer Electronics Show (CES) traditionally shows off the most innovative,…

Rice 2022: a good year for (some) farmers? Just 9 months ago, rice was marketed as the cereal that would…

UAE businesses turn cautious over global economy concerns UAE businesses adopted a more cautious stance in November as concerns over…

Pakistan seeks emergency $3 billion Saudi cash injection Pakistan on Wednesday requested Saudi Arabia to urgently provide $3 billion in…

Fitch ratings: global shipping outlook worsens on lower container freight rates Fitch Ratings has revised its outlook for shipping to…

Bykea Offers Telenor Pakistan Mobile Top-ups via Bykea App: Bykea is now offering Telenor Pakistan mobile top-ups through the Bykea…

Australia forecasts record wheat crop despite floods Australia is expected to produce a bumper year of crops including record wheat…

FIFA World Cup, rising fossil fuel exports to drive Qatar economy at 4.6pc in 2022 The much awaited 22nd FIFA…

Default fears keep PKR under pressure The forthcoming repayment of $1 billion by Pakistan for a maturing Sukuk on December…

Bank of Khyber Partners with NIFT ePay to Propel Digital Payments-  in Pakistan: Bank of Khyber and NIFT ePay once…

Climate change will drastically cut Indonesia’s rice, coffee production: study Continued carbon emissions would significantly reduce rice and coffee production…

Gulf News In Focus: UAE’s real GDP to grow by 5.9pc in 2022: World Bank The World Bank estimated the…

Trade gap shrinks to $11.5 bn in July-October Pakistan has managed to cut its trade deficit by $4.2 billion, or…

Ports and Shipping Updates: Efficiency analysis – how do your ships stand up? Technology is expected to play a significant…

Technology News Update for This Week: Facebook May Be Planning to Fire Thousands of Employees: It is truly a bad…

Govt making reformative interventions to amplify milk production across J&K J&K Government is working on multi-pronged strategy to increase milk…

Abu Dhabi fund ADQ wields economic diplomacy to forge regional ties A shift in strategy by Abu Dhabi to invest…

FBR freezes pr accounts, recovers PKR 60 million The Federal Board of Revenue (FBR) froze the bank accounts of Pakistan…

The digital journey shipping companies are making to recover from the pandemic years Shipping companies are focusing on the future…

Hacks to Ensure a Long Battery Life for Your Smartphone: Smartphones are not just gadgets anymore; people are literally living…

Edible oil, ghee market dependent on imported palm oil: CCP The Edible oil and ghee market of Pakistan is highly…

Saudi Arabia wins bid to host 2029 Asian winter games at NEOM Saudi Arabia said on Tuesday it has won…

Pakistan railways to recuperate losses Pakistan Railways has decided to recuperate losses it incurred due to previous mismanagement and the…

Associations plead case for EU consortia block exemption regulation The joint submission from the World Shipping Council (WSC), the International…

Samsung warns of 32% hit to profits on chip slump: Technology giant Samsung has warned of a 32% slide in…

Sugar production drops 34pc on elections Sugar production in August dropped by 34 percent as more factories closed for maintenance…

Israel, Bahrain start free trade agreement talks Israel and Bahrain have begun negotiating a free trade agreement, Israel’s Economy Ministry…

Traders ask government to ensure flour supply Pakistan Businesses Forum (PBF) President Mian Usman Zulfiqar has urged provincial governments to…

Wastefuel technology converts municipal solid waste to e-methanol fuel With the shipping industry moving toward the broader adoption of methanol…

Tecno Pova Neo 2 Launched With 7,000 mAh Battery For Only $205: Tecno’s Pova series of phones is expanding yet…

Coal deal hunters descend on Indonesia as demand peaks For more than 1,200 people gathered at a hotel in Indonesia’s…

Wafra economic zone hub for exports between Kuwait, GCC The Director General of the Direct Investment Promotion Authority (DIPA), Dr.…