World oil prices soar Oil prices rose on Thursday as a pipeline outage in Britain continued to support prices despite…
Browsing: News
Sharjah hosts Pakistan property exhibition UAE-based Pakistanis can head to ‘Real Estate and Investment Pakistan Expo’ (RIPE), being held at…
Vowing zero tolerance for crime, up invites cos for investment New Delhi: The Uttar Pradesh government invited businesses to invest…
SBP’s reserves decrease 6.55%, stand at $12.7bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) declined 6.55%…
Expanded Panama canal not the only factor in LNG shipping demand The expanded Panama Canal is causing dramatic changes in…
PAKISTAN Zong 4g’s unique business model: Customers before revenue!: Being at the forefront of Pakistan’s digital revolution, country’s largest data…
US crude exports reached 1.73m bpd in Oct US crude oil exports reached 1.73 million barrels per day in October…
ETISALAT, DU TO CHARGE VAT ON PRODUCTS AND SERVICES The UAE’s telecom service providers, etisalat and du, will charge five…
HEALTHCARE’S DILEMMA: BALANCING PUBLIC NEEDS WITH BUSINESS SENSE Even 1,500 gloves, 616 syringes, 11 bottles of human albumin and a…
AJK PM ASSURES OF EQUIVALENT DISTRIBUTION OF FUNDS Azad Jammu and Kashmir (AJK) Prime Minister Farooq Haider said Friday that…
EUROPE BILLIONAIRES IN SHIPPING SPENDING SPREE A shopping spree by two European billionaires is shaking up a shipping industry still…
PAKISTAN GOOGLE OFFICIALLY ANNOUNCES DATALLY APPLICATION IN KARACHI: Google has announced a new application in its bid to give better…
OIL SLIPS ON OPEC DEAL UNCERTAINTY, RISING US FUEL INVENTORIES Oil prices slipped to session lows on Wednesday in a…
PAKISTAN SURF EXCEL #HAARKOHARAO CAMPAIGN HIGHLIGHTS CHILDREN’S WELFARE: On the Universal Children’s Day, Surf Excel, a household name in Pakistan,…
GOLD PRICES DIP, 22K PRICED AT DH146.75 IN DUBAI Gold prices nudged lower on Thursday, with investors taking profits after…
OIL PRICES DIP AFTER US CRUDE HITS NEAR 2-YEAR HIGH Oil prices eased on Thursday, with U.S. crude dipping away…
SHIP OPERATING COSTS STABILISE AS MARKET RECOVERY LIFTS PRESSURE The cost of operating cargo ships rose marginally in 2017 following…
WORLD BANK REPORT HIGHLIGHTS DIFFICULTIES FOR PAKISTAN’S LABOUR FORCE Pakistan will need to tackle the triple challenge of creating enough…
CASHEW RISES ON FRESH BUYING New Delhi, Nov 23 () Cashew prices rose by Rs 5 per kg at the…
PAKISTAN PAKISTANI RESEARCHERS DEVELOP CHEAP NANO PARTICLES THAT CAN HEAL BURNT SKIN: Scientists from COMSATS Institute of Information Technology (CIIT)…
DUBAI AIRSHOW: $114B ORDERS FLY IN FIVE DAYS The region’s largest aviation showcase, Dubai Airshow 2017, ended an action-filled five-day…
GOLD, SILVER MARGINALLY DOWN Gold and silver were trading marginally lower in deals on Thursday on account of subdued demand…
TANKER SHIPPING OVERSUPPLY TO KEEP RATES LOW IN 2018: FITCH A glut of new vessel deliveries and limited scrapping of…
GOVT MAY SACK HEADS OF POORLY PERFORMING POWER COMPANIES The government may sack heads of three power distribution companies for…
LEXUS MAY PRICE NEW COMPACT SUV HYBRID NX 300H AT RS 60 L Mumbai, Nov 17 () Japanese auto major…
[box type=”info” align=”” class=”” width=””]Richard Edelman (President, Edelman)[/box] [dropcap]W[/dropcap]e are just out of the field on a flash poll in the…
PAKISTAN WITHHOLDING TAX EXEMPTION ON RS.100 CARDS PROPOSED: The Senate Standing Committee on Information Technology and Telecommunications Monday recommended for…
70% RESIDENTS NOT AWARE OF ‘FINANCIAL GOALS’ Around 70 per cent of the UAE residents are not sure what steps…
OIL MARKETS SPRING BACK AS OPEC, RUSSIA SUPPORT Oil prices held steady on Thursday after falling late in the previous…
BALTIC SEA FREIGHT INDEX RISES The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk…
MINISTER EXPECTS EXPORTS TO DOUBLE BY NEXT YEAR Minister for National Health Services, Regulations and Coordination Saira Afzal Tarar informed…
JAITLEY’S 10% TAX ON INCOME FROM CARBON CREDITS A MIXED BAG MUMBAI/CHENNAI: The Finance Bill proposes to levy a tax…
PAKISTAN GALAXY S9 AND S9+ MAY HAVE A SMALL FINGERPRINT READER AT THE FRONT: The Galaxy S8 and S8+ and…
DUBAI PROPERTY DEALS CROSS DH204 BILLION IN NINE MONTHS Overall property transactions in Dubai totalled Dh204 billion in the first…
GROWING TEA PRODUCTION IN BANGLADESH The move by the government to increase tea production as well as improve the conditions…
ASIA OIL 180-CST CASH PREMIUMS PARE GAINS Cash premiums of Asia’s 180-cst high-sulphur fuel oil gave up gains made in…
CURRENT ACCOUNT DEFICIT WIDENS 102PC IN Q1 Pakistan’s current account deficit widened 102% in the first quarter (Jul-Sep) of current…
ANIL AMBANI GETS A SEAT ON ATLANTIC COUNCIL ADVISORY BOARD NEW DELHI: Reliance Group Chairman Anil Ambani has been inducted…
PAKISTAN: DUBAI POLICE FORCE ADDS HOVERBIKES FOR EMERGENCY RESPONSE: Dubai is transforming into “Future City”, to get one step near…
VALUE OF EXPO 2020 DUBAI-LINKED PROJECTS HITS DH122B The value of all projects related to Expo 2020 Dubai has touched…
OIL MARKETS FIRM ON TIGHTER US PRODUCTION, OPEC CUT Oil prices were firm on Thursday, supported by ongoing supply cuts…
MEDIUM RANGE FREIGHT RATES TOUCH YEAR LOW Freight rates for Medium Range tankers have dropped and are again teetering on…
STATE BANK LAUDS IMPROVED SECURITY’S IMPACT ON ECONOMY State Bank of Pakistan (SBP) Deputy Governor Jameel Ahmad, while appreciating the…
INDIA’S OIL IMPORTS HIT RECORD HIGH IN SEPTEMBER NEW DELHI: India imported a record 4.83 million barrels per day (bpd)…
PAKISTAN: GOVT APPROVES PROGRAM TO PREPARE 1 MILLION FREELANCERS IN PAKISTAN: The Board of Directors of Ignite, National Technology Fund formerly…
MALABAR GOLD OPENS 3 STORES IN A DAY IN UAE AND KUWAIT Malabar Gold and Diamonds, one among the Big…
OIL PRICES SURGE ON CHINESE IMPORT BOOST AND MIDEAST TENSIONS Oil prices firmed on Friday as bullish news from strong…
MAQTA GATEWAY, A DIGITAL PLATFORM LAUNCHED Abu Dhabi Ports has launched Maqta Gateway, a digital platform which provides digital services…
$2BN LOANS GRANTED EX-POST FACTO APPROVAL The federal cabinet has regularised nearly $2 billion foreign commercial loans that the government…
INLAND WATERWAYS AUTHORITY RAISES RS 660 CRORE THROUGH BONDS New Delhi, Oct 13: The Inland Waterways Authority of India (IWAI)…
PAKISTAN: ZONG 4G TOPS PTA’S CUSTOMER RESOLUTION INDICATOR: Zong 4G Pakistan’s No .1 4G Network has achieved yet another milestone…
UNION COOP RECEIVES DUBAI CHAMBER CSR LABEL FOR FIFTH YEAR IN A ROW Union Coop received the Dubai Chamber Corporate…
OIL STABILIZES ON PREDICTIONS OF EXTENDED OUTPUT CUT, BUT US CRUDE EXPORTS DRAG Oil prices stabilized on Thursday on expectations…
BALTIC MAIN INDEX RISES AS RATES OF LARGER VESSELS RECOVER The Baltic Exchange’s main sea freight index, tracking rates for…
PROVINCES PLAN TO LEVY TAX ON OIL TANKERS Punjab Revenue Authority (PRA) Chairman Rahil Siddique said on Thursday that all…
IBBI AMENDS INSOLVENCY RESOLUTION PROCESS NORMS New Delhi, Oct 6: An insolvency resolution plan will need to have a statement…
PAKISTAN: IPHONE 8 GETS NEW BENCHMARKS-OUTPACES A CORE I5-POWERED MACBOOK PRO AND OTHER WINDOWS-RUNNING NOTEBOOKS: The improved performance could be…
FIND YOUR CONNECTED HOME AT GITEX SHOPPER Living in a smart home is no more a high aspiration, but a…
OIL PRICES DECLINE AFTER SURPRISE FALL IN US INVENTORIES Oil prices fell on Thursday, with US crude giving up some…
EUROPEAN BUNKER PRICES REMAIN AT 2 YEAR HIGH European bunker prices have hit repeated two-year highs on strong gains in…
MANGO EXPORTS EARNED PAKISTAN $94MN IN 2 YEARS Mango exports earned Pakistan $94.059 million in foreign exchange during 2014-16, officials…
BE WARY OF MONOPOLY IN TELECOM SECTOR: ANIL AMBANI MUMBAI: Anil Ambani on Tuesday said the telecom sector is in…
PAKISTAN: AMD RYZEN MOBILE APU BENCHMARKS LEAKED- 90% FASTER THAN PREVIOUS-GEN: Benchmarks for AMD’s upcoming Raven Ridge APUs featuring the…
EXPONENTIAL GROWTH SEEN IN GCC ASSETS UNDER MANAGEMENT Dubai is set to reinforce its status as the region’s leading financial…
OIL RISES AS OPEC DEFERS EXTENSION OF OUTPUT CUTS Oil prices ended nearly 1 percent higher on Friday, close to…
HONG KONG CONTAINER THROUGHPUT DIPS 1.7PC Hong Kong’s container volume dipped slightly in August falling 1.7 percent to 1.76 million…
FOREIGN EXCHANGE: SBP’S RESERVES PLUNGE 3.22PC, AMOUNT TO $14.28B Foreign exchange reserves held by the State Bank of Pakistan (SBP)…
AIRTEL, VODAFONE & IDEA RACE AGAINST TIME TO READY CASE AGAINST IUC CUT NEW DELHI: Top telecom operators are racing…
PAKISTAN: PAKISTANI TRUCK ART BEING PRESENTED IN A US MUSEUM: Across the globe, Every country has its culture and people…
FLYDUBAI CUTS FARES BY UP TO 50% Dubai: Budget carrier flydubai has slashed its fares across a number of routes,…
OIL EASES, BUOYED BY HOPES FOR ROBUST DEMAND Oil prices eased on Thursday, but held on to most of their…
SINGAPORE MARINE FUELS SALES HIT RECORD Sales of marine fuels in August at Asia’s biggest ship fuelling port of Singapore…
WEEK-ON-WEEK: SPI FALLS 0.27PC The Sensitive Price Indicator (SPI) for the week ended September 14, 2017 registered a decrease of…
AUGUST WHOLESALE INFLATION SPIKES TO 4-MONTH HIGH OF 3.24% India’s wholesale price inflation (WPI) rose to 3.24 per cent from…
PAKISTAN: PAKISTAN STARTUP CUP 2017 IS BACK WITH $2.5 million PRIZE MONEY: Startup Cup has presence in 60 countries, has…
UAE’S NON-OIL PRIVATE SECTOR GROWTH AT 30-MONTH HIGH Dubai: The Emirates NBD Purchasing Managers’ Index (PMI) for the UAE rose…
CRUDE DIPS, GASOLINE SPIKES AS FLOODS KNOCK OUT QUARTER OF US REFINERIES Oil prices dipped on Wednesday but gasoline spiked…
BALTIC MAIN INDEX GAINS NEARLY 3PC ON STRONGER VESSEL ACTIVITY The Baltic Exchange’s main sea freight index rose nearly 3…
PAKISTAN GETS $230 MN LOANS TO CUSHION FOREX RESERVES Pakistan has received two short-term loans worth $230 million from international…
STARTUPS, UNLISTED COMPANIES ON BLACK MONEY RADAR, PROBE ON 200 ENTITIES MUMBAI: Startups and unlisted subsidiaries of some major Indian…
PAKISTAN: INTEL COFFE LAKE-U 15W CPUS DETAILED- CORE 17-8650U, CORE I7-8550U PERFORMANCE AND SPECIFICATIONS UNVEILED IN MULTIPLE LEAKS: Intel will…
REEM AL HASHEMI DISCUSSES EXPO 2020 PROGRESS WITH KHALAF AHMAD AL HABTOOR Dubai: Reem Al Hashemi, the UAE Minister of…
COPPER HITS THREE YEARS HIGH AS SPECULATORS PILE INTO MARKET Copper hit a three-year high and nickel touched its strongest…
BALTIC MAIN INDEX SLIDES ON LOWER RATES FOR LARGER VESSELS The Baltic Exchange’s main sea freight index, tracking rates for…
RUPEE STABLE AGAINST DOLLAR The rupee remained stable against the dollar at 105.3/105.5 in the inter-bank market on Friday compared…
KIRAN MAZUMDAR SHAW TO LEAD INFY CEO SEARCH, TO ALSO TAP ALUMNI BENGALURU: Nandan Nilekani, the non-executive chairman of Infosys,…
PAKISTAN: CCP IMPOSES PKR 10 MILLION PENALTY ON COLGATE-PALMOLIVE PAKISTAN: The Competition Commission of Pakistan (CCP) has passed an order…
UAE BIG CLEARANCE SALE: 80% OFF DESIGNER LABELS Dubai: In a city populated with malls and shopping centres, one can’t…
OIL EDGES UP ON FALL IN US CRUDE STOCKS Oil prices edged up on Thursday, clawing back some ground after…
GLOBAL SHIPPING FIRMS GOING SUPER-SIZED The hulking container ships that transport sneakers, bananas and barbie dolls around the world keep…