Browsing: News

Greek shipping fleet hits all-time high mark Ongoing tax issues and economic woes at home have failed to slow the…

PAKISTAN: Jazz and PTCL top PTA complaint charts again: Pakistan Telecommunication Authority (PTA) received 2,757 complaints from telecom consumers against…

World oil prices rise Oil prices rose on Thursday as the equities markets rallied and as market participants weighed a…

Adnoc signs dh4.3b concession deals with China oil giant The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday that…

No violation in rs 7,266 crore bid for Binani Cement under IBC: Ultratech Aditya Birla group firm UltraTech Cement on…

Govt plans to scrap sugarcane support price The federal government has decided to do away with the support price mechanism…

Asian ports face $49 billion climate adaptation costs Protecting Asia-Pacific ports against climate change could cost up to US$49 billion,…

PAKISTAN: Jazz commences super 4g experience bus tour: Jazz has commenced a nationwide experience bus tour in promotion of its…

World oil prices surge after us picks new security advisor World oil prices surged Friday as the appointment of ultra-hawkish…

Dubai economy likely to grow at faster pace A strong uptick in the travel and tourism sector supported by projections…

Air India twitter account hacked, later restored Air India’s twitter account was hacked last night by an unknown individual/group and…

Challenges loom for marine fuel change Enforcement may determine demand for low-sulfur maritime fuels required under regulations that take effect…

PAKISTAN: 5 cool uses for your usb drive that donot involve data transfer: In the age of clouds and social…

LME copper may consolidate in $6,889-$6,959 range LME copper may consolidate in a narrow range of $6,889-$6,959 per tonne for…

UAE women ‘press for progress Women today play various crucial roles across different sectors in the UAE, and their contributions…

Sales domain has potential to create 2.5 million jobs in three years The sales domain has the potential to spearhead…

Energy-deprived Pakistan remains on radar of LNG marketing companies Pakistan remains high on the radar of LNG marketing companies across…

The digital imperative in container shipping The time has come for the container-shipping industry to join the digital revolution. Digital…

PAKISTAN: Careem reduces prices for its bike and rickshaw rides: One of the most popular ride-hailing services in the region,…

Wheat, soy futures tick lower ahead of USDA report Chicago wheat, corn and soybean futures were lower on Wednesday…

UAE flights to UK disrupted due to adverse weather Emirates airline said its flights to and from Europe have been…

ASCI upholds 31 complaints against misleading ads in Dec Advertising sector watchdog ASCI upheld complaints against 31 misleading advertisements in…

ICCI seeks govt support for visits of trade teams to Africa Islamabad Chamber of Commerce and Industry (ICCI) President Sheikh…

Better days ahead for VLGC shipowners A slowdown in fleet growth should begin the recovery cycle from the second half…

PAKISTAN: 3g/4g users reach 49.46 million in Pakistan: The number of 3G and 4G users in Pakistan have reached 49.46…

Crude futures take first weekly fall in 3 weeks Oil prices rose on Friday as Wall Street stocks bounced off…

Bahrain to start vat implementation by end-2018 Bahrain will go ahead with imposing a value-added tax to strengthen state finances,…

Sebi to auction 11 assets of pancard, reserve price Rs 260 cr Looking to recover over Rs 7,000 crore of…

Current account deficit widens 28.74pc to $1.61bn Pakistan’s current account deficit widened 28.74% on a month-on-month basis to $1.61 billion…

Clean tankers: platts east of Suez LR2 market steadies The East of Suez LR2 tanker market was steady Wednesday following…

PAKISTAN: Daraz brand fest with discounts up to 76% off launched: Daraz. In much the same way as every group…

World oil prices over two-week high Oil prices rose on Friday to their highest in more than two weeks, supported…

Etisalat 2017 net profit rises to dh8.44 billion The UAE-based telecom giant Etisalat’s 2017 profits marginally inched up to Dh8.444…

For India’s banks, the worst of their bad-loan woes may be yet to come MUMBAI: Just when many Indian banks…

Pakistan, turkey share investment plans Bilateral cooperation between Pakistan and Turkey is being transformed into a vibrant economic partnership. To…

Volume growth steady for US ports US ports are positioned for another solid year of growth, though the Trump administration’s…

PAKISTAN: Daraz’s big home makeover is now live with discounts up to 80%: You’ve changed; so should your home. Daraz…

Oil near one-week high Oil prices gained on Friday as the dollar slipped to a three-year low and global stocks…

Dubai gold prices decline, 22k priced at dh149.25 Gold prices dropped on Thursday for a third consecutive day, holding near…

Galaxy surfactants lists with 3% premium at Rs 1,520 NEW DELHI: Galaxy Surfactants, a maker of speciality chemicals got listed…

Steel melting industry opposes tax break for Chinese company Pakistan Steel Melters Association (PSMA) has fiercely opposed the grant of…

PAKISTAN: Data saving youtube go app now available in Pakistan: YouTube is undoubtedly the biggest network for uploading and viewing…

Oil slides towards weekly loss on excess supply worries Oil prices fell for a sixth day on Friday, and were…

UAE airline changes baggage policy: how much can you carry? Abu Dhabi-based Etihad Airways has introduced a new baggage policy…

India scores better than global average on budget transparency MUMBAI: India scored slightly better than the global average when it…

Agri exhibition to start on Feb 10 in Larkana The Sindh Enterprise Development Fund is going to hold the seventh…

Mexican port posts historic high volume Mexican major port container volume increased 12.2 percent year on year to 6,375,338 million…

PAKISTAN: #MCBSUPERSAVERS- get additional 30% off on all MCB debit, credit cards: ‘Sales’ and ‘discounts’ are the sweetest words for…

Oil set for strongest January since 2013; wary of data Oil prices fell for a third day on Wednesday ahead…

DH220 million aluminium plant opens at Kizad Ducab Aluminium Company, the latest company to join the UAE’s fast growing aluminium…

PSU bank stocks fall after recapitalisation plan announcement NEW DELHI: PSU bank stocks fell up to 6 per cent a…

Golen Gol project begins electricity generation The Golen Gol hydropower project started electricity generation on Wednesday, marking another landmark as…

Strong capesize, panamax rates push baltic index higher The Baltic Exchange’s main sea freight index rose on Wednesday for the…

PAKISTAN: Xiaomi opens new Mi flagship store in Multan & people are loving it: Good news for Mi Fans in…

Gold, silver prices pop on big US dollar drop Gold and silver prices are solidly higher in early US trading…

Umm Al Quwain Coop offers 2.5m stock for public trade Umm Al Quwain Coop has announced that 2.5 million stocks…

Last GST council meeting ahead of budget 2018: what to expect NEW DELHI: On Thursday, the GST Council -governing body…

SBP warns C/A gap can disrupt growth cycles Pakistan’s economy has exhibited strong growth in the first quarter of current…

Container market still competitive With nearly 400 different vessel operators plying their trade worldwide there is plenty of competition and…

PAKISTAN: National savings app lets you check investment info, prize bond results & more: National Savings is continuing to move…

Oil up on threats of rebel attacks in Nigeria, falling US crude stocks Oil prices rose on Thursday on a…

UAE growth to accelerate in 2018 The UAE economy is geared to grow at an accelerated pace at 3.9 per…

Retail inflation to hit 17-month high of 5.1% : Poll India’s retail inflation likely rose to a 17-month high in…

Foreign exchange: SBP’s reserves down 0.88pc, stand at $13.98bn Foreign exchange reserves held by the State Bank of Pakistan (SBP)…

NWE, Persian Gulf ULSD vessels change course on less attractive US arbitrage Vessels heading to the US and Caribbean with…

PAKISTAN: Incentives package to boost IT industry: The Ministry of Information Technology is working on a comprehensive incentives package for…

Oil retreats from $70 highs but set for fourth week of gains Oil prices fell on Friday after hitting a…

Governance drives sustainable growth As an executive director of the Pearl Initiative, Carla Koffel has been building strategic partnerships with…

Mentha oil futures extend gain on rising demand NEW DELHI: Continuing its winning streak for the third day in a…

China to keep offering assistance to Pakistan’s power sector The Power Division has decided to meet individually all investors pouring…

Port of Shanghai again breaks record lifting its 40 millionth TEU Shanghai International Port Group reached a record breaking 40…

PAKISTAN Pakistan dominates ICC’s top 10 tweets from 2017: Pakistan cricket has drastically improved in 2017; from the revival of…

Oil retreats on US output rise after hitting near 2-year high Oil prices fell on Friday, dropping from highs last…

8 places in UAE you got to be at to welcome 2018 Dazzling fireworks or a spectacular light show? A…

Credit growth likely to be muted at 8% this fiscal: ASSOCHAM MANGALURU: Slowdown in economy coupled with high stress level…

Panel directs to refer 14 privatisation cases to NAB A parliamentary panel directed the privatisation ministry to send 14 cases…

2018 seen tough for cargo shipping With more than 220 cargo ships scheduled for delivery in 2018, realizations of container…

PAKISTAN: Flash sale: grab Xiaomi products with flat 25% discount: One of the world’s largest smartphone makers, Xiaomi has managed…

Oil prices hit highest since mid-2015 US oil prices hit their highest since mid-2015 on the final trading day of…

6 easy tips to help you get a job next year in UAE Sometimes we run into opportunities in the…

Direct taxpayer base growth slows in Modi government’s first 2 years NEW DELHI: Tax concessions and moderate increments have slowed…

Pakistan’s power generation up 2.3pc, but reliance on furnace oil decreases Power generation through furnace oil and hydel reduced 51%…

Shipping confidence at highest level for three-and-a-half years Shipping confidence held steady at its highest rating in the past three-and-a-half…

PAKISTAN Telenor celebrates startup failures and mistakes with velocity duckstories: Telenor Velocity introduces an exciting concept to the startup culture…

World oil prices dip on soaring us production Oil prices dipped on Thursday as soaring US output, fast approaching 10…

Saudi king approves $19 billion of economic stimulus steps The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz…

Rajkot oilseeds complex open- December 14, 2017 Rajkot Oilseed Complex Open- December 14 * Edible oil prices were mixed in…

Trade deficit widens 29pc to $15bn, pressure on reserves to persist Pakistan’s trade deficit widened to $15 billion in the…

Largest automated container terminal in Shanghai China started trial operations of the world’s biggest automated container terminal, the Shanghai Yangshan…

PAKISTAN Zong 4g partners with careem to offer free rides and exclusive discounts: Zong 4G has announced its partnership with…