Browsing: In The News

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…

Veil lifted on Saudi Arabia’s new super-luxury airport The design for a new airport on Saudi Arabia’s northwestern coast has…

Economic times of Pakistan Pakistan’s textile sector opposes debt surcharge The Towel Manufacturers Association of Pakistan has urged the government…

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…

COVID-19 impact: UAE may see V- and U-shaped recovery UAE’s economy will probably see a combination of V- and U-shaped…

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…

How Abu Dhabi airports is facilitating inbound, outbound repatriation flights for Etihad Abu Dhabi Airports, in partnership with Etihad Airways,…

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…

Major Gulf indexes fall alongside subdued global equities Major stock markets in the Gulf ended lower on Wednesday as doubts…

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…

GULF STATES| BUSINESS TIMES UAE economy to rebound in 2021, grow 3.3pc: IMF The UAE and the neighboring Gulf economies…

ECONOMIC TIMES OF PAKISTAN Pakistan wins $1.4bn IMF emergency loan The International Monetary Fund (IMF) on Thursday approved an emergency…

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…

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…

Banks exploit private sector borrowers The government’s increasing reliance on borrowing to remain afloat has allowed commercial banks to exploit…

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…

Thai companies explore investment avenues in Pakistan Pakistan and Thailand will hold political consultations at the secretary level as well…

*Trends in the tanker market International Experts revealed that the crude oil tanker market is currently suffering from a very…

PAKISTAN NEWS: KP govt to build a digital complex in Peshawar: Khyber Pakhtunkhwa (KP) Information Technology Board and PCSIR Labs…

Oilcrops International studies forecast for the 2019-20 season point to relatively balanced markets for oilseeds and derived products. After reaching…

PAKISTAN NEWS: VEON to extend digital services: VEON’s co-Chief Executive Officer Sergi Herrero visited Pakistan to meet with key government…

Indian and Pakistani investors in Dubai Investment flows into Dubai property market from India and Pakistan could come under severe…

Door left Ajar for IMF-Islamabad contract In a first serious challenge to keep the $6 billion extended fund facility on…

Dubai investments posts dh657.55m profit in 2019 Dubai Investments has said that its annual net profit increased to Dh657.55 million…

Trade deficit shrinks over 28pc to $13.8bn Pakistan’s trade deficit shrank over 28 percent to $13.8 billion in first seven…

PAKISTAN NEWS: Huawei Knowledge Factory program launched in collaboration with Jazz: Jazz, the leading telecommunications company in Pakistan, has announced…

Brexit: win-win game for UAE-GCC and UK Trade between the UK and GCC will increase in post-Brexit era as the…

*Prime Minister Imran Khan Invites Facebook and abolish unnecessary taxes Prime Minister Imran Khan invited Facebook to consider investments to…

Government to limit its role in lng industry: Babar Liquefied natural gas (LNG) has been a source of lucrative business…

PAKISTAN NEWS: Customers can reduce their electricity bill by upto 75pc through Mevris App: Mevris, (Make Everything Smart) is Pakistan’s…

Gulf States – Economics & Finance Steel producers-UAE seek hike in anti-dumping duty Steel manufacturers in the UAE have called…

Pakistan-Belgium trade boosts to €900mn Euros Bilateral trade between Pakistan and Belgium has increased to 900 million euros as Pakistan…

PAKISTAN NEWS: PTA announces fixed number of days for users to pay for phone registration with DIRBS: With reference to…

Oman’s new Sultan faces ‘balancing Act’ as credit crunch looms Holders of more than $20 billion of Oman’s dollar bonds…

Lobbies become active to holdup Tapi gas pipeline Certain lobbies appear to be working to delay the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas…

ABB presents recommendation for zero-emission marine technology ABB Marine & Ports delivered testimony in the US House of Representatives Committee…

PAKISTAN NEWS: Govt Launches Digital Pakistan Internship Portal to Automate Hiring: The federal government recently launched the Digital Pakistan Internship…

Cow milk production decreases in Turkey Turkey’s statistical authority said on Monday that, in November, Turkey collected almost 728,000 tons…

UAE, GCC stocks plunge; investors to take wait-watch approach Most of the Gulf stock markets fell on Wednesday in line…