Government to construct information highways “Pakistan is making great progress with the use of emerging technologies,” the president said and…
Browsing: In The News
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…
ADGM office of data protection first in Gulf to join IECWG The Office of Data Protection (ODP) of Abu Dhabi…
Pakistan: coal gasification Pakistan imports more than 45 percent of its total energy requirement annually. With dwindling gas resources and…
Moody’s: global shipping industry’s strong performance in 2020 set to continue Although the container shipping industry was hit hard by…
PAKISTAN NEWS: Pakistan finally develops its own e-voting machine: The Federal Minister for Science and Technology, Chaudhry Fawad Hussain, recently…
Sugar prices to remain high on fall in production The Government of Pakistan may not succeed in bringing sugar prices…
Middle east economies will reach 2019 gdp level in 2022: IMF The Middle East region will lag the other regions…
Pakistan takes initiatives to boost bamboo production Pakistan has decided to become a full member of the International Network on…
Bio-lng fuel seen as ‘prime pathway’ to carbon neutrality The gradual introduction of bio-LNG alongside synthetic LNG is expected to…
PAKISTAN NEWS: Senate committee just tried to ban online games that aren’t even online: A parliamentary panel was informed on…
US whole wheat flour output falls in 2020 Whole wheat flour production in 2020 totaled 20.12 million cwts, down 10…
Qatar airways will start flights to Dubai and Abu Dhabi shortly Qatar Airways will resume flights to the UAE, starting…
Government plans to sell 10 additional entities The Pakistan Tehreek-e-Insaf (PTI) government is considering privatising 10 more entities including Zarai…
New quality standard and ngo for dry bulk sector launched Supported by the International Chamber of Shipping (ICS) and Bimco,…
PAKISTAN NEWS: Navigating the digital transformation route for Pakistan: Digital transformation is the integration of digital technology into most, if…
Global milk supply growth forecast to slow in 2021 Despite the disruption to food markets by coronavirus early in the…
Dubai benchmark gained for a third successive session The Gulf biggest lender Qatar National Bank was the top gainer on the…
Deadline expires, but Riyadh yet to sign debt suspension pact with Islamabad Saudi Arabia has not signed a formal agreement…
Global Maritime Industry Ocean shipping companies lead the fight against the empty container build-up The willingness of shipping lines to…
PAKISTAN NEWS: PTCL, Avaya partner to enable blended work environment with launch of avaya spaces: Pakistan Telecommunication Company Limited (PTCL)…
Defra cut UK harvest 2020 wheat production estimate: feed market report UK ex-farm grain prices gained throughout December. With spot…
DP World, Senegal sign agreement to develop Ndayane port DP World, and the Government of Senegal, have signed agreements for…
Microfinance recoveries stall The microfinance sector of Pakistan is currently undergoing a recovery from the dent endured during the Covid-19…
Dry bulk market expected to rebound during 2021 The dry bulk market could be heading towards a renewed wave of…
PAKISTAN NEWS: Chinese names dominate smartphone market in Pakistan in 2020: The smartphone market has been constantly growing for the…
Commodity markets in 2020 The mystery behind rising iron ore prices Over the past couple of months, the steel industry…
Dubai holding’s Madinat Jumeirah living on track for handover Dubai Holding’s flagship residential development, Madinat Jumeirah Living, an exclusive freehold…
LNG spot market cold-shoulders in the country In a major setback to gas-starved consumers, Pakistan could not get even a…
Tanker market looking for direction post-OPEC+ Shipping is eagerly awaiting for the impact of OPEC’s decision in the oil market…
PAKISTAN NEWS: Govt approves a major relief package for private schools: The federal government has approved a relief package for…
Sugar mills start production The new stock is expected to curb the price of the commodity and tame the inflation…
Saudi to invest $20 billion in AI by 2030 -Pakistan & Gulf Economist Saudi Arabia announced Thursday it will invest…
Producing generation of skilled workers Pakistan has quite a few competencies in abundance. Among those, population tops the charts. However,…
Shipping bodies call on Jeff Bezos to take a stand for stranded seafarers at industry round table The leaders of…
Pakistan News: Govt to provide the latest version of e-office for provinces: The federal government has decided to provide the…
Tanzanian tea import can save millions As one of the biggest tea importers around the world, Pakistan can save millions…