UAE job market signals rebound with 9.5pc hiring surge in Oct Job market in the UAE signalled a gradual turnaround…
Browsing: In The News
POL sales hit 2-year high The sales of petroleum oil products in Pakistan hit two-year high level of 1.7 million…
Newbuilding activity showing signs of “life” Most of the activity these days is centered around the S&P market, with ship…
PAKISTAN NEWS: Govt to regulate digital assets, virtual assets and cryptocurrencies: The Securities and Exchange Commission of Pakistan (SECP) has…
Commodity Markets In 2020 Ways to invest in iron ore Australia is the largest producer of iron ore by far,…
Oman exempts key sectors from 5pc vat Gulf: Oman has exempted some key sectors such as healthcare, education and finance…
Wapda decides to build Rohtas Dam Pakistan Water and Power Development Authority (Wapda) has decided to build Rohtas dam in…
Dry bulkers in demand Dry bulk carriers have been in high demand recently, as ship owners looked to capitalize on…
PAKISTAN NEWS: PITB is developing Punjab labor app for small businesses: The Punjab Labour & Human Resource Department (PL&HRD) is…
Grains-wheat falls 1pc, but losses limited by global output worries U.S. wheat futures fell 1 percent on Thursday, as traders…
Top UAE banks resilient despite profit fall The first-half profit of the top 10 listed UAE banks declined at an…
SBP reserves fall $205mn to $12.15bn The foreign exchange reserves held by the central bank declined 1.7 percent on a…
Tankers steal the show among newbuilding contracting Ship owners turned to tanker ordering over the course of the past week.…
PAKISTAN Record time and money spent using mobile apps in q3 2020: Lockdowns are starting to end and fewer people…
World Commodities Trading OPEC: oil demand will grow until late 2030s OPEC expects global oil demand will exceed the pre-pandemic…
UAE-Israel peace treaty could boost tourism and tech sectors The normalisation of relations by the UAE and Bahrain with Israel…
Digitisation to assist economy recover The danger of a second wave of Covid-19 pandemic is still looming in Pakistan while…
Ship owners looking for more deals in the dry bulk segment Ship owners are actively looking for more deals in…
PAKISTAN NEWS: Cheaper Tesla ready ‘in about three years’: Tesla founder Elon Musk has announced technology that he says will…
Commodity markets in 2020 Oil prices slide on Libyan export talks, surging European virus cases Oil declined as Libya signaled…
Jebel Ali port welcomes container ship HMM GDANSK on maiden visit Gulf: DP World’s flagship Jebel Ali Port has welcomed…
Traders fear 10pc drop in Sept exports Traders have voiced fear that Pakistan’s export revenues will decline further in the…
An EU ETS for shipping would undermine a global GHG solution Yesterday the World Shipping Council published a paper highlighting…
Pakistan News: Cyber crimes increased by 120pc in year: National Assembly Standing Committee on Information Technology and Telecommunication has decided…
Commodity Markets In 2020 Sugar industry needs to outsource field production, upgrade technology Sugarcane is one of the highest yielding…
GPT ready to welcome students with strict safety measures Gulf Pinnacle Transport (GPT) has announced that it is ready to…
Unpredictable export growth in pandemic The numbers on the trade pattern published by the Pakistan Bureau of Statistics (PBS) for…
The end of the US shipping tax exemption for Hong Kong On 19 August 2020, the US State Department announced…
PAKISTAN NEWS: Pak air force starts working on AI to improve warfare capabilities: Aiming to increase the usage of Artificial…
Crude oil demand reaches plateau Global oil demand growth is expected to taper off, Julianne Geiger said quoting the latest…
Dubai’s tourism and hospitality sectors see rebound Dubai’s tourism and hospitality sectors are slowly but surely making their way into…
Govt restricts budget deficit to Rs3.4tr The Pakistan Tehreek-e-Insaf (PTI) government has managed to restrict overall budget deficit to below…
Worldwide shipping industry “In the doldrums” International Experts revealed that few new vessels are built and the scrapping rate is…
World Commodities Trading Oil prices and consumption A huge number of pundits and organizations have trumpeted the idea that the…
Dubai’s external food trade reaches dh32b in first half of 2020 Dubai’s external food trade volumes in the first half…
State Bank Of Pakistan extends scope of refinancing scheme The State Bank of Pakistan (SBP) has enhanced the scope of…
“Sink or swim” In both China and India, international experts revealed that, percentage growth in the population moving into the…
PAKISTAN NEWS: South Karachi district to become completely wireless soon: In an attempt to end the nuisance for commuters and…
Commodity Market In 2020 Global coal consumption According to the Energy Information Administration (EIA), combustion of coal emits about 210…
The doctor is online: UAE digital hospital ready for download by August Seeing a doctor in front of a smartphone…
COVID-19 raises digital economy, e-commerce in Pakistan Pakistan’s e-commerce and digital economy has received a huge sales boost during the…
“Knowing the ropes” International report revealed that with growth rates of 4percent in the Western world and 8percent in China…
PAKISTAN NEWS: App by Pakistani students ranked among top 10 google developer challenge winners: WorthyWalk, an app available on Google…
Commodity Markets In 2020 Polish coal industry The coronavirus has ripped through Poland’s coal mines, where men descend deep underground…
*Pakistan’s circumstances not the same as Wuhan, Europe: Imran Khan on COVID-19 lockdown Prime Minister defended his decision not to…
Veil lifted on Saudi Arabia’s new super-luxury airport The design for a new airport on Saudi Arabia’s northwestern coast has…
Asia-Pacific Region IMF sees Philippine economy shrinking further by 3.6pc in 2020 The Philippine economy will contract further this year…
Economic times of Pakistan Pakistan’s textile sector opposes debt surcharge The Towel Manufacturers Association of Pakistan has urged the government…
*Full steam ahead The world economy is in good shape international experts revealed, and the growth rate continues to be…
Pakistan News: Ministry of IT & un launch agrisurge 2020 innovation challenge in Pakistan: Consequent to the framework collaboration agreement…
World commodities trading International studies revealed that the Commodity markets have been buffeted through the COVID-19 pandemic, which has already…
*Imran Khan Orders Establishment of 12 National Parks In the economic survey of Pakistan FY2019, the economists recorded that erratic…
COVID-19 impact: UAE may see V- and U-shaped recovery UAE’s economy will probably see a combination of V- and U-shaped…
Asia-Pacific Region Japan’s economy is bottoming out, eyes on recovery: finance minister Japan’s economy appears to have hit bottom and…
Economic Times Of Pakistan SBP reserves decline $266m to $10.1bn The foreign exchange reserves held by the central bank decreased…
*Fuel trends International experts revealed that the developments in the maritime fuel industry have become crucial for operators and cargo…
Commodity markets in 2020 Wheat International studies presently revealed that the Wheat production in 2020 could decline below last year’s…
*G-20 debt relief timely initiative taken amid Covid-19 challenge Appreciating the G-20 debt relief initiative, Prime Minister Imran Khan observed…
How Abu Dhabi airports is facilitating inbound, outbound repatriation flights for Etihad Abu Dhabi Airports, in partnership with Etihad Airways,…
Asia-Pacific Region Philippines allows malls, more businesses in capital to reopen The Philippines has allowed malls and more businesses in…
Government eases offshore shareholding law The Pakistan Tehreek-e-Insaf (PTI) government has allowed Pakistani and dual nationals to keep secret their…
*Technology and energy efficiency Ballast water treatment technologies Many ballast water treatment systems are now available on the market and,…
COMMODITY MARKETS IN 2020 * Coronavirus halts demand and supply of commodities International sources recorded that as states in the…
*Imran Khan’s phone call with Ethiopian Prime Minister Prime Minister Imran Khan, held a telephone conversation with Prime Minister Abiy…
Major Gulf indexes fall alongside subdued global equities Major stock markets in the Gulf ended lower on Wednesday as doubts…
ASIA-PACIFIC REGION Philippines GDP declines for first time since 1998 on shutdowns The Philippine economy contracted in the first three…
SBP reserves rise $259mn to $12.33bn The foreign exchange reserves held by the central bank increased 2.15 percent on a…
*Environmental regulations Presently Shipping operates under a complex set of international and national regulations. Traditionally, the leaps in regulations have…
Commodity markets in 2020 Gold International experts revealed that 2019 has been a golden year for precious metals as escalated…
*United Nation supports Imran Khan’s call for global initiative on debt relief Sources recorded that the UN Secretary-General Antonio Guterres…
GULF STATES| BUSINESS TIMES UAE economy to rebound in 2021, grow 3.3pc: IMF The UAE and the neighboring Gulf economies…
ASIA-PACIFIC REGION Philippine economy may shrink by 2pc — S&P S&P Global Ratings expects the Philippine economy to shrink by…
ECONOMIC TIMES OF PAKISTAN Pakistan wins $1.4bn IMF emergency loan The International Monetary Fund (IMF) on Thursday approved an emergency…
*Trends in the offshore market In the different research researchers revealed that this market is driven by the high price…
Commodity Markets In 2020 LNG The Researchers analyzed that the market is still struggling to digest the glut of LNG…
*Imran Khan launches Data4Pakistan Prime Minister Imran Khan launching the Ehsaas District Development Portal, Data4Pakistan, said the initiative was part…
COVID-19: UAE’s largest bank says cash deposits only through ATMs First Abu Dhabi Bank has suspended a number of banking…
Asia-Pacific Region Indonesian businesses look to Singapore, Malaysia for Covid-19 measures Indonesian businesses are looking at neighboring countries for coronavirus…
State Bank announces additional relief for exporters The State Bank of Pakistan (SBP) has announced additional relief measures for exporters…
*Trends in the container market International Experts identified that this market is “the closest to the consumer” and, by its…
Commodity Markets In 2020 Nickel International studies revealed that in late August 2019, Indonesia announced it was bringing forward an…
UAE exchange responds to delays in funds transfers from customers UAE Exchange, one of the largest companies dealing in remittances…
*Overseas Investors Call on PM Imran Khan Presently, the Prime Minister Imran Khan said that it was their priority to…
Asia-Pacific Region China should not rely on massive stimulus to overcome ‘unprecedented’ economic slowdown China should not try to bolster…
Banks exploit private sector borrowers The government’s increasing reliance on borrowing to remain afloat has allowed commercial banks to exploit…
*Trends in the dry bulk market International study revealed that the dominant factors for the dry bulk market are commodity…
Commodity Markets In 2020 Milk and milk products Researchers revealed that worldwide milk production is forecast at 852 million tons…
UAE mints 15,000 millionaires in 2019 The number of millionaires in the UAE grew by almost 15,000 last year and…
*PM tells tough times ‘over’ for Pakistan Prime Minister Imran Khan said that Pakistan’s tough days are now behind it…
ASIA-PACIFIC REGION Myanmar says air passenger numbers diving because of coronavirus Passenger arrivals at Myanmar’s three international airports have tumbled…