Browsing: In The News

SBP cuts auto financing tenure In a bid to arrest the fast depleting foreign exchange reserves, the State Bank of…

Ufone Submits CSR Projects Report to Senate Panel: Ufone has submitted a report on its corporate social responsibility (CSR) projects…

CS Brazil H1 may sugar production expected to drop 30pc on year Sugar production in the key Center-South Brazil region…

UAE to introduce unemployment insurance The United Arab Emirates will introduce a form of unemployment insurance, the cabinet said on…

$30bn treasure trove useless Pakistan received $35 billion worth of information from the Organisation for Economic Cooperation and Development (OECD)…

Ship repairs proving costlier and more difficult scheduling-wise Performing scheduled maintenance or ship repairs is proving to be yet another…

Committee Formed to Probe Recent Cyberattacks on Govt Websites: Federal Minister for Information Technology and Telecommunication Syed Aminul Haq Wednesday…

CS Brazil H2 April sugar production expected to drop 50pc on year Sugar production in the key Center-South Brazil region…

UAE cabinet approves strategy for 20pc digital contribution to non-oil economy Gulf: The UAE Cabinet has approved a strategy in…

World bank wants end to ‘unsustainable’ energy subsidies The World Bank has made improved economic growth projections for Pakistan but sees…

Industry partnerships key to decarbonizing the commodity value chain The COP26 summit in Glasgow in November highlighted the increasing pressure…

Virtual Reality: Catalyzing the Future of How Talent is Onboarded: Throughout the decades, technology has played a pivotal role in…

Scientists discover a new form of pesticide that neutralises pathogens attacking rice Rice is one of the most important staple…

UAE hopeful of 5-6pc economic growth in 2022 and beyond-min The United Arab Emirates (UAE) is hoping the economy will…

Pakistan’s trade deficit widens to $35.4bn Pakistan trade deficit peaked to a record $35.4 billion in the first nine months…

Apple is Making it More Difficult to Steal iPhones: Thousands of iPhones are lost and stolen every day but users…

Brazil’s ethanol production premium surpasses 200 points over sugar A 7.8percent jump in Brazil’s Center-South hydrous ethanol price combined with…

Bahrain’s real estate sector is strong and resilient Gulf: Bahrain’s real estate sector is strong and resilient and will continue…

ML-I upgradation is of great importance to Pakistan On March 17, China and Pakistan agreed to execute the mega ML-1…

Shipping ton-mile demand increasing The current situation in the shipping markets has been favorable of increased ton-mile demand. However, the…

Virtual Reality: Catalyzing the Future of How Talent is Onboarded: Throughout the decades, technology has played a pivotal role in…

Iron ore price rises Iron ore prices climbed on Monday over concerns that a prolonged armed conflict between Russia and…

UAE women lead in building resilient economy, say experts The UAE women are spearheading the change in building a resilient…

SBP leaves interest rate 9.75 pc Pakistan central bank on Tuesday left the key policy rate unchanged at 9.75% for…

Russian seaborne lng exports reached 30.3mn tonnes The current situation in Ukraine is having a direct impact on the shipping…

Samsung Galaxy A13 and A23 Launched for Cheap: The Galaxy A series is Samsung’s best-selling smartphone lineup. The next generation…

Prey dry season rice production sees increase The Prey Veng Provincial Department of Agriculture reported that the production of dry…

How Qatar manages economic growth and CO2 emissions Gulf: The linkage between economic growth and environmental degradation is a well-known…

Albania wills to enhance trade relations with Pakistan Albania wants to enhance trade relations with Pakistan and there are immense…

Higher energy-yield with superior fuel combustion While deliberations on meeting the IMO’s goal of cutting GHG emissions from shipping by…

Science Ministry Partners With Binance for Future Fest 2022: In a surprising development, the Ministry of Science & Technology has…

Rice feeds the world, now more than ever Rice has been produced throughout the world for thousands of years, and…

UAE making ‘step change’ in fight against financial crime: Sheikh Abdullah Gulf: Sheikh Abdullah bin Zayed, Minister of Foreign Affairs…

Climate change poses critical issue Foreign investors in Pakistan have acknowledged that climate change is a major threat to the…

Why Mexico is ideally placed to become a zero-carbon shipping fuels hub With the International Maritime Organization calling for a…

Work starts on Coventry hub for police and delivery drones: Construction has started on an air hub, which will act…

Thailand rice exports expected to rise sharply Thailand is forecast to export 8 million tonnes of rice in the 2021-22…

Dubai seeks to host 400 global economic events annually by 2025 Gulf: Dubai seeks to host 400 global economic events…

Pakistan raised $1bn by sukuk bond Pakistan on Monday raised a $1 billion loan through the Sukuk bond at a…

Shipping decarbonization With the shipping industry gradually expected to move towards cleaner fuels, ordering a newbuilding vessel can be a…

Google slammed over ad-cookie replacement flip-flop: Google’s “indecision” over what system it wants to replace cookies has been criticised by…

Kenya’s tea export earnings rise 13pc yr/yr in 2021 Kenya’s 2021 tea export earnings rose 13 percent to 136 billion…

Remarkable performance of Qatar in 2021 Despite the repercussion of the COVID-19 pandemic, which continued to threaten the world’s economies…

Business community decry hurdles to trade Businessmen have said that Pakistan-Turkey cargo train has kick-started operations in a smooth manner,…

5 alternative container ports for avoiding congestion The Los Angeles-Long Beach ports complex was the poster child for supply chain…

China Mobile shares rise in Shanghai debut after US exit: China Mobile shares have risen as they started trading in…

Iron ore futures rise in rangebound trade Iron ore futures edged higher on Wednesday but were stuck in a narrow…

Kuwait records lowest drop among GCC in active oil refining projects from Feb 2020: According to a report of MEED…

Revised state bank bill vague on inflation The revised State Bank of Pakistan (SBP) Amendment Bill still remains vague about…

IT Sector Can End Pakistan’s Current Account Crisis Alone: Imran Khan: PM Imran Khan, while Inaugurating Technopolis, a Special Technology…

How to protect our paddy farmers Farmers’ cry after failing to cut a profit in every harvest season has become…

Mohammed Bin Salman’s Oman visit could secure investment projects worth $10bn Gulf: The visit of Saudi Crown Prince Mohammed bin…

Dubai energy firm to invest in Pakistan A Dubai-based power sector company is eyeing investment in refrigerant gasses and ADNOC…

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…

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…

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…