Browsing: In The News

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.…

Iran ready to complete gas pipeline Ambassador of Iran to Pakistan, Mohammad Ali Hosseini on Tuesday said the Iranian government…

Container shipping profits will drop by 80pc in 2023/24: HSBC report After two years of unprecedented rises container freight rates…

Apple reveals iPhone 14 Pro and Watch Ultra: Apple has unveiled the iPhone 14, with emergency satellite connectivity and car…

Coal production increases by 8.2pc y-o-y in August Coal output in India rose to 58.33 million tonnes in August 2022,…

Spanish exports to UAE set to grow 8pc in 2022 UAE – Bilateral trade between Spain and the UAE is…

Pakistan needs entrepreneurs Pakistan needs productive entrepreneurs to create new jobs, introduce new technologies, increase productivity and enhance exports to…

Ignite Participates in 21st ITCN Asia with 14 Exciting Start-ups: Continuing with its tradition of supporting Pakistan’s startup ecosystem, Ignite…

CS Brazil h1 August sugar production expected to fall 5pc on the year Sugar production in Brazil’s key Center-South region…

UAE ready for potential ‘swift and robust’ influx of Chinese tourists by 2023 The UAE could welcome the return of…

Role of women focused Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh assured a delegation…

World’s longest green corridor planned between Singapore and Rotterdam Efforts are underway to form the world’s longest green corridor to…

Dyson fined £1.2m after milling machine fell on worker: Dyson has been fined over a million pounds after an employee…

Rice production under threat Rice production is under threat in parts of Asia from higher fertilizer costs at a time…

UAE central bank says real GDP up 8.2pc in q1 2022 The UAE central bank’s quarterly report indicated that total…

Prudent strategy for chemical industry sought Pakistan has been importing chemicals worth $14 billion, which is 18 percent of total…

Baidu unveils new self-driving taxi in China: Chinese technology giant Baidu has unveiled the next vehicle to join its self-driving…

What should be Bangladesh’s food security strategy? The rapid increase in global food prices in recent months have put many…

Steady outlook for Dubai’s economy this year Gulf: Dubai’s economy started 2022 on a strong note, posting an annual gross…

Pakistan approves import of 500,000 tons wheat Pakistan on Tuesday approved import of 500,000 tons of wheat at a price…

How 5G Will Transform Pakistan’s Economy: Having recently introduced the Internet of Things (IoT) framework and cloud-first policy, Pakistan has…

Sugar surges. could it hurt Coca-Cola’s margins? Sugar is used in food, beverage, and biofuel production, and its importance in…

UAE companies launch 300 products The Make it in the Emirates Forum, the latest initiative of the Ministry of Industry…

Leading IT companies create job opportunities Leading IT companies of Pakistan are creating job opportunities for the technology professionals and…

Carbon taxes in the shipping industry—assessing Japan’s proposal There are growing calls for a carbon tax on shipping emissions. Jim…

Alchemative Acquires Epinovus to Reimagine and Expand its eCommerce Journey: Alchemative, Pakistan’s leading technology and digital business solution company, held…

Thailand rice production, exports to rise The La Niña weather phenomenon will provide plentiful precipitation and water supplies for rice…

UAE economy to expand 5.4pc this year Gulf: The UAE economy is flourishing again and is set to expand by…

Auto parts makers demand smooth energy supply Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) Senior Vice Chairman Abdul…

Navigating decarbonisation – contractual considerations With mounting global efforts to combat climate change, the shipping and offshore sectors are subject…

Ignite Approves Launch of New Funds for Pakistani Startups and Innovators: The 91st meeting of the Board of Ignite National…

Iron ore price rises despite flat demand from steelmakers The iron ore price rose on Tuesday despite traders fretting about…

Dubai forms task force to track digital economy Gulf: Dubai is setting up a task force to track the digital…

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…