Browsing: News

Abraaj fund unit that managed $14b gets $1 bid The fund unit of the embattled private equity firm Abraaj Group,…

8.2% GDP growth an outcome of reforms like gst, liberalisation of fdi norms by Modi government, says CII The 8.2…

FATF measures assist make bank operations clean The tightening of the monitoring regime to combat terror financing and money laundering…

Tainted shipping fuel sparks calls for tighter quality control A wave of contaminated fuel that has clogged and damaged engines…

PAKISTAN: Ufone launches prepaid data roaming offer for UAE and Saudi Arabia: Keeping up to its all-time commitment of making…

World oil prices steady Oil prices were steady on Friday, with US crude slipping on weak global equity markets while…

Ample liquidity in UAE banking as deposits rise Deposits with the UAE banks increased while credit growth remained flat in…

Two years after demonetisation, over 99% banned notes back; RBI finishes verification Nearly two years after demonetisation, RBI has completed…

Week-on-week: SPI decreases 0.63pc The Sensitive Price Indicator (SPI) for the week ended August 30, 2018 registered a decrease of…

Conditions ripe for container shipping rates to spike Container spot rates are expected to lift soon on the back of…

PAKISTAN: LG unveils curved gaming monitors to compete against Samsung’s offerings: Just like Samsung did recently, LG is using its…

World oil prices slip Oil prices slipped on Friday, pressured by renewed concerns that a global trade war could dent…

Gold prices sink to 19-month low amid strong dollar Gold prices shed over one per cent on Thursday to hit…

FPIs infuse Rs 8,500-crore in capital markets in just 8 trading sessions Foreign investors have pumped in over Rs 8,500…

Circular debt of Rs1.1trillion passed on to new Govt Though the previous Pakistan Muslim League-Nawaz (PML-N) government claimed to have…

ExxonMobil offers bunkering transparency and innovation ExxonMobil has announced that it is the first to supply via an independently accredited…

PAKISTAN: Samsung is Working on a Self-Healing Oleophobic Coating for Smartphones: With the display being one of the more important…

Crude oil prices move higher Crude prices rose on Friday, but declined on the week on worries that oversupply would…

Canada dispute won’t affect oil sales: Saudi Saudi Arabia’s diplomatic dispute with Canada over its arrest of women’s rights activists…

Black money in Swiss banks: India, Switzerland discuss activation of automatic exchange of information India and Switzerland discussed the activation…

Pak in a weak position in FTA with China Although China calls Pakistan and itself iron brothers, when it comes…

Korean shipbuilders sweep orders for large LNG tankers Korean shipbuilders have swept all of the orders for 30 large liquefied…

PAKISTAN: Hisense Enters Pakistani Market With Its Locally Produced LED & Laser TVs: Chinese LED TV manufacturer, Hisense, has announced…

Crude oil rises on Iran sanctions Crude oil prices rose more than 1.0 percent on Friday as US sanctions against…