Dubai energy firm to invest in Pakistan A Dubai-based power sector company is eyeing investment in refrigerant gasses and ADNOC…
Browsing: In The News
Covid-era shipping stocks: the (super) good, the bad and the ugly Shipping stocks have never been for the faint of…
Coeus solutions to invest in human capital: Coeus Solutions Ltd announced a plan to expand their human resource by over…
$14m grant to adapt West African rice production to climate The Climate Resilient Farming Systems program at Cornell is playing…
Oman invests in ports with eye to becoming Gulf gateway “We want to significantly improve the contribution of logistics into…
Indonesia looks to increase e-commerce with Pak Adam Mulawarman Tugio, Indonesia’s ambassador to Pakistan, on Sunday said that Indonesia has…
Designated ‘net-zero’ lanes could push the shipping industry to clean up its act The world’s ever growing global economy runs…
‘World’s fastest’ all-electric plane and other tech news: LJ Rich looks at the best of the week’s technology news stories…
Rice crops face risks from higher fertilizer prices Soaring fertilizer costs threaten to drive up prices of crops worldwide, from…
Bahrain approves Pfizer covid vaccine for children aged 5-11 Gulf state Bahrain has approved the Pfizer COVID-19 vaccine for emergency…
Call to unlock avenues for Pakistan-Asean partnership Pakistan and the Association of Southeast Asian Nations (Asean) need to make joint…
Japan’s bunker supply expected to tighten in Nov Bunker fuel supply in Japan is expected to tighten in November as…
Samsung May Release an Entry-Level 5nm Smartphone Chip Next Week: When a new generation of chipset technology is introduced, it…
Global cotton production poised for full recovery To say the 202/21 season was disappointing for the global cotton industry is…
S&P expects weak tourism to weigh on Dubai economy until late 2022 Dubai is set for a “modest” recovery this…
Government aims to consolidate economic stability Pakistan has witnessed significant macroeconomic imbalances in recent years due to a combination of…
Greece wants ‘realistic’ EU Green policy for shipping EU shipping power Greece has told the European Commission that adding the…
Fraudsters Are Using Phone Number Masking Technology to Loot Millions From Citizens: The number of cases involving fraudsters depriving citizens…
Forecast for end of year milk price is optimistic Milk prices will finish the year higher, which is good news…
Bahrain’s growth continues The Kingdom of Bahrain has ambitious plans for post-pandemic growth. After a peak in May and June,…
Pakistan needs to upgrade agriculture sector Pakistan needs to upgrade the agriculture sector through the use of modern technology, said…
LNG shipping rates climb to multi-month highs on demand for vessels Freight rates to ship liquefied natural gas (LNG) rose…
B2B Agri Marketplace Tazah Raises $2 Million in Pre-Seed Funding: Pakistan’s B2B agriculture marketplace, Tazah Technology, announced on Wednesday that…
Gas prices are on the rise Natural gas prices in Europe have skyrocketed this year while storage levels are low,…
Bahrain economy returns to pre-pandemic levels Bahrain’s economic indicators show that the performance of various sectors in August this year…
Asian Development Bank sees high inflation in Pakistan The Asian Development Bank (ADB) on Wednesday projected that inflation in Pakistan…
Decarbonisation a defining financing factor Shipping companies that do not have a strategy to decarbonise are likely to be pushed…
Tag raises $12 million in Pakistan’s largest seed funding round: Pakistan’s financial technology startup, TAG Innovation Pvt. Limited, raised more…
USDA forecasts records for world wheat production, use and trade The US Department of Agriculture in its September World Agricultural…
Bahrain approves third booster shot of Sputnik v Bahrain and fellow Gulf state the United Arab Emirates have already approved…
Pakistan, Afghanistan to trade in PKR Pakistan may trade with Afghanistan in rupee, a move that can ease the country’s…
Scrubbers for the future Almost as long as scrubber technology has been commercially available for shipping, questions have been raised…
Apple delays plan to scan iPhones for child abuse: Apple has delayed plans to roll out detection technology which would…
Iron ore price rises as China’s imports hit record The Iron ore price rebounded on Tuesday from a seven-month low…
Qatar hurdles Covid-19 economic woes Gulf: Despite the impact of Covid-19 on world economies, Qatar has managed to withstand the…
Government to construct information highways “Pakistan is making great progress with the use of emerging technologies,” the president said and…
Shipping moving towards zero-emission period More needs to be done, in order for shipping to transition to the zero-carbon era.…
Apple chief executive Tim Cook gets $750m payout: Apple chief executive Tim Cook has received more than five million shares…
Govt announces incentive for mills exporting sugar The Centre on Thursday announced an incentive for sugar mills in the form…
Oman sets up hydrogen alliance Oman has established a national hydrogen alliance to develop an industry for the production, transport…
B2B links to assist enhance Pak-US trade There is massive potential to accelerate bilateral trade between Pakistan and the US…
Newbuilding ordering activity in slowdown mode Newbuilding contracting has slowed down over the past couple of weeks, a development attributed…
Explore the world of blockchain with stacks Pakistan’s Xplore 1.0: Blockchain is the future of technology. Globally the blockchain market…
Iron ore price bounces back while fitch sees rally slowing ahead The most-traded iron ore for January 2022 delivery on…
Saudi, Oman call for continued oil cooperation Saudi Arabia and Oman called for continued cooperation between OPEC and other allied…
Pakistan, Uzbekistan to finalise PTA in 3-month Pakistan and Uzbekistan on Wednesday agreed to boost bilateral trade and economic ties…
ICS reaction to EU ETS shipping extension The International Chamber of Shipping (ICS) has released a statement following the European…
Instagram admits moderation mistake over racist comments: Instagram has admitted a mistake in its technology meant racist comments and emojis…
Food production receives boost in Enugu, says IFAD The Enugu State Coordinator of the International Fund for Agricultural Development (IFAD),…
UAE supports ‘unconditional increase’ in oil production The UAE supported an increase in oil output from August but suggested deferring…
Pakistan fails to exploit agri resources; exporters Though Pakistan is rich in agriculture and livestock, which are pivotal pillars of…
Newbuilding contracting picks up pace Proman Shipping announced signing for a further two firm 50k MRs, with delivery of both…
Pollution-eating car shown off at goodwood festival A car that has been designed to strip the air of pollution as…
Milk production increases by 100,000 tons in Rajshahi Milk production has been enhanced by around 100,000 tons while dairy farm…
Dubai extends deadline to provide beneficial owner data Dubai Economy on Tuesday extended the deadline for all registered businesses in…
Islamabad refuses to cave in to international monetary fund demands Talks between Pakistan and the International Monetary Fund (IMF) remained…
LPG shipping stocks – what lies ahead? The year 2021 has been volatile for the LPG shipping industry. VLGC rates…
Center-South Brazil H1 June sugar production decreases 3.4pc Sugar production in the key Center-South Brazil region is expected to total…
Abu Dhabi’s Mubadala invests in Berlin-based digital insurance company Abu Dhabi-based Mubadala has participated in a record $650 million Series…
Economic indicators point to improvement: federal minister When the current government came to power, Pakistan was facing daunting challenges such…
Technology is paving the way for the future of shipping Digitalization in shipping shouldn’t be regarded as a thing for…
IT ministry finalizes national cyber security policy: Minister for Information Technology and Telecommunication, Syed Amin UlHaque said last Thursday that…
Australia winter wheat crop estimate above average Australian winter wheat crop production in 2021-22 is expected to be above average…
Dubai targets over 5.5m overseas tourists this year Dubai expects to attract over 5.5 million overseas visitors this year, hopeful…
FDI to surge with well trading across borders The business community has voiced a firm hope that Pakistan will attract…
Ports & terminals vs shipping lines: do investors favour the latter? With hindsight, it can easily be illustrated that even…
Wild coffee: improving the coffee industry Coffee is an important commodity globally, but its main markets are the rich, developed…
Abu Dhabi tourism department partners with TikTok The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) officially announced…
Buffalo milk export to increase Pakistan’s forex reserves “Pakistan is rich in buffalo breeds, buffalo research, and buffalo milk production.…
Checks and balances on container rates In shipping there have been clear winners and loser in the global war against…
Iron ore price surges to record high Iron ore prices jumped to a fresh high on Monday on robust Chinese…
What first quarter bank results say about the health of UAE economy Financial results of top two banks in the…
Are we doing enough digitalisation? While the world rushes towards increased adoption of digitalisation, Pakistan is still lagging far behind.…
Lockdowns hinder the demolition market once again The ships’ recycling market has sustained a halt over the past days, as…
Could Iraq really become OPEC’s largest oil producer? Iraq’s Oil Minister, Ihsan Abdul-Jabbar, announced last week that the country plans…
IMF upgrades UAE, global economic growth forecast The International Monetary Fund (IMF) on Tuesday revised upward the UAE and global…
Dry bulk market dynamics shifting Demand for second hand dry bulk tonnage has been rising of late, with shipowners’ focus…
Despite IMF loan, China stays country’s lifeline Pakistan will meet a dozen conditions in six months to stay in the…
PAKISTAN NEWS: Samsung is ordering millions of OLED tv screens from LG: Samsung is reportedly negotiating a large order of…
U.S. ethanol production up, stocks down The U.S. Energy Information Administration says production averaged 975,000 barrels a day, up 10,000…
Dubai chamber webinar series promotes Dubai as an ideal hub for African businesswomen Dubai Chamber of Commerce and Industry recently…
State Bank likely to maintain status quo Pakistan central bank is scheduled to meet on Friday (March 19) to determine…
Global Maritime Industry Scrap prices should rise in order to attract more tonnage says shipbroker An underwhelming demolition market has…
PAKISTAN NEWS: Mobile banking transactions cross Rs 1 trillion for the first time: The use of mobile banking witnessed tremendous…
Commodities In 2021 How India’s rice production can adapt to climate change challenges As the global population grows, the demand…
Abu Dhabi fund, CVC, among suitors for $1b NMC Abu Dhabi state-owned holding company ADQ and private equity firm CVC…
Trade deficit widens 24pc in Pakistan Pakistan exports have plunged for the successive second month to slightly over $2 billion…
Lack of tonnage prevalent in the demolition market Alack of tonnage is becoming evident in the ship recycling market, as…
Pakistan News: IT ministry approves projects worth Rs4.8 billion: The Departmental Development Working Party (DDWP) of the Ministry of Information…
Heavy rain dampens Bangladesh rice production Heavy rain has impeded Bangladesh’s rice production for the 2020-21 marketing year, according to…