Browsing: News

Dubai to host technology summit in October The 3TECH Summit brings together global leading experts in Artificial Intelligence, blockchain, and…

NPA crisis at Indian banks is mostly because of bad loan concentration in this one sector India’s government seems intent…

Foreign office warns against unsanctioned comments The Foreign Office has warned government functionaries against issuing unauthorised comments about the China-Pakistan…

Medium range tanker freight rates return to 2018 low Clean freight rates for Medium Range tankers have returned to 2018…

World oil prices pull back Crude futures pulled back on Friday, giving up gains from the previous session as trade…

Economic confidence rising in UAE Economic confidence in the UAE and other Middle East countries rebounded to its highest level…

GST: Tax officers in states to reach out to traders, industry bodies, msmes to list out grievances Tax officers in…

Incentives worth $1.6bn approved for new coastal refinery in Balochistan Despite opposition by different ministries, former prime minister Shahid Khaqan…

The VLCC race: US midstream companies plan to export more oil faster Since the US crude market began to grow…

PAKISTAN: Youtube’s Update Has Made It Slower on All Browsers Except Chrome: Mozilla claims that Google has made YouTube load…

World oil prices slip Oil prices fell on Friday, weighed down by a drop in the US equities market, but…

UAE welcomes china to explore investment opportunities Economy ministers of the UAE and China said the state visit opened doors…

3 times increase! Affordable healthcare allocation under PM Swasthya Suraksha Yojana tripled in Modi-era Even as Ayushman Bharat, popularly known…

Pak’s 4g broadband speed faster than India’s Despite the challenges Pakistan faces in promoting information technology and bringing more and…

Southern Chinese ports prioritize thermal coal imports; coking coal buying slows Coking coal end-users in southern China are taking a…

PAKISTAN: Moody’s Withdraws Negative Outlook Rating for Jazz: Moody’s Investors Service (Moody’s) on Thursday withdrew Pakistan Mobile Communications Limited’s (Jazz)…

Global benchmark Brent crude dips Global benchmark Brent crude dipped on Thursday as concerns about mounting supply returned after a…

Some investors want new Abraaj review Some investors in funds managed by Dubai-based Abraaj want to block the sale of…

India’s June trade deficit highest in 5 years, and this is the biggest reason India’s trade deficit widened to its…

ICCI shows concerns over high trade deficit The Islamabad Chamber of Commerce and Industry (ICCI) has shown concerns over a…

Dry bulk shipping stocks poised to jump Given all the focus on trade between the US and China, it is…

PAKISTAN: Jazz and Careem Collaborate to Provide Exciting Offers to Users: Jazz has collaborated with Careem to offer various promotions…

Oil prices manage to close higher Oil prices rose about 1 percent on Friday as strike actions in Norway and…

Dubai’s troubled Abraaj nears out-of-court settlement: Lawyer A Sharjah court has adjourned until July 11 a case involving the founder…

Piyush Goyal lauds GST council for success Union Finance Minister Piyush Goyal has lauded the Goods and Service Tax council…

FBR forcefully withdraws Rs2bn from PRA’s bank accounts In its desperate effort to come near the downward revised target, the…

Freight rates on VLCCs and Suezmazes move up Freight rates have risen over the last quarter on VLCCs and Suezmaxes.…

PAKISTAN: Gmail messages ‘read by human third parties’: Google has confirmed that private emails sent and received by Gmail users…

World oil prices mixed Oil was mixed on Friday, with short-covering pushing up US crude futures while Brent slipped on…

UAE Fuel Prices Among Lowest In The World Fuel prices in the UAE, which reached its peak this month since…

India’s Banking Zombies Pose A Problem India’s state banks are beginning to resemble the walking dead. Of 21 government-controlled lenders,…

PKR Stable Against Dollar The rupee remained stable against the dollar at Rs121.4/121.6 in the inter-bank market on Friday compared…

Crude Oil Exports Hit Europe Aframax Rates; VLCCs Cut Clean Tankers Demand US crude oil exports to the Mediterranean and…

Oil Gains On Anticipation Of Sanctions On Iran Oil prices rose on Friday on concern that US sanctions against Iran…

Dubai Gold Prices Drop To 6-Month Low, 22k Priced At Dh144 Gold prices posted a six-month low on Thursday, pressed…

GST Formalising Economy, Widening Tax Base, Says Finance Ministry The Finance Ministry said it would be increasingly difficult for businesses…

Govt To Go After People Hiding Assets From Sep 1,2018 The amnesty scheme provides last chance to overseas and resident…

Speculators Creates Waves In The Asian Bulk Carrier Market Despite the global economic recovery that is keeping shipping demand high…

PAKISTAN: PTCL Achieves ISO Certification For Cloud Infrastructure Services Security: PTCL has become the country’s first telecom operator to achieve…

Oil Jumps As Opec Agrees To Modest Output Hikes Oil prices soared on Friday after oil producers agreed to modest…

Businesses Can Settle Vat Payments At Uae Exchange UAE Exchange has announced that it has started accepting Value Added Tax…

RBI Governor Urjit Patel Says, No Impact On Npas Due To Farm Loan Waivers By States There are no implications…

Kinnow Exports Hit Register High At 370,000 Tons Pakistan’s kinnow exports touched a record high at 370,000 tons in the…

Container Shippers And Lines Battle Over Emergency Bunker Fuel Surcharges Several of the world’s largest container shipping companies have imposed…

PAKISTAN: Asus Unveils Zenbook S Ultra-Portable With A Unique Hinge Design: Apart from announcing laptops with touchscreens instead of touchpads,…

Oil Prices Tumble, Jp Morgan Cuts Price Forecast Oil prices fell on Friday as concerns about surging US output and…

UAE top destination for weddings in Middle East Thanks to luxurious and palatial hotels across the UAE, the country is…

What’s behind India’s unexpected, whopping 7.7% Q4 GDP growth Everybody expected the fourth quarter of the financial year 2017-18 to…

Mammoth task: FBR needs to collect Rs661bn more to meet tax target The Federal Board of Revenue (FBR) has so…

China planning more US coal imports to cut deficit China is considering a plan to buy more American coal as…

World oil prices retreats Oil prices retreated on Friday after strengthening early in the session as US President Donald Trump’s…

After continuous fall, Dubai gold prices edge higher Gold prices edged higher for a second session on Thursday as the…

Congress leader P Chidambaram criticises Modi govt for petrol price hike; claims rate can be cut by Rs 25 per…

Indian lobby at WB frustrates Pakistan Pakistan and the World Bank have failed to reach an agreement on a way…

Capesize market’s downside momentum looks to be slowing down The Capesize index has broken support and is now in a…

PAKISTAN: Check out the Durshal innovation lab in Peshawar in all its glory: Khyber Pakhtunkhwa Information Technology Board (KPITB) has…

World oil prices fall $2 per barrel Oil prices fell more than $2 per barrel on Friday as Saudi Arabia…

DIFC hold talks for enhanced cooperation with China Officials at the Dubai International Financial Centre (DIFC) recently met with delegates…

Four years of NDA: has Modi fulfilled job creation promise? here’s what people’s verdict says “The great Indian election: it’s…

SPI rises 0.31percent The Sensitive Price Indicator (SPI) for the week ended May 17, 2018 registered an increase of 0.93percent…

Panamax index looking bearish The Panamax index is now on the lower range support and at major Fibonacci level. Technically…

World oil prices stay lower Oil prices fell on Friday, but Brent crude was on track for a sixth straight…

Dubai gold prices slip slightly. is it the right time to buy? Gold prices slipped in range-bound trading on Friday…