Browsing: News

Kuwait parliament allows foreign firms to operate without local sponsors Kuwait’s parliament has approved a proposal to abolish local sponsorship…

Government mulls allowing private sector to import lng A looming dispute between Pakistan LNG Limited (PLL) and Pakistan GasPort Consortium…

vivo Shines Bright at ITCN Asia 2023: Paving the Way for Technological Innovation and Local Manufacturing in Pakistan: vivo, a…

Australia trims wheat crop estimate, curbing global supplies The government trimmed its estimate by 3 percent from June to 25.4…

UAE says not flouting ally sanctions as its economy warms to Russia The United Arab Emirates has said it is…

Pakistan got over $5 bn in fresh loans in July Pakistan got over $5 billion in fresh loans in July,…

How Wateen is Impacting Industries Digital Transformation: As technology advances, digital transformation has become essential in industries, and it is…

Mint explainer: why did the govt raise kharif rice procurement target? Despite predictions of deficient rains in the second half…

Dubai chamber of commerce reports 43pc surge in new member companies Showcasing the emirate’s attractiveness among both companies and investors,…

ECC accepts $3bn loan guarantee for n-plant Pakistan on Tuesday approved issuing $3 billion worth sovereign guarantees against a Chinese…

Cargill kickstarts maritime decarbonization with biofuels, methanol US-based agricultural trader Cargill has ramped up a bio-bunkering program for its own…

Prototype ‘Brain-like’ chip promises greener AI, says tech giant: A prototype “brain-like” chip could make artificial intelligence (AI) more energy…

OPEC+ Crude production at lowest since August 2021 OPEC+ cut its crude oil production to a near two-year low in…

Turkiye’s Erdogan caps economy-driven gulf tour in UAE Turkiye President Recep Tayyip Erdogan has arrived in the United Arab Emirates,…

Mandatory cybersecurity audits for telecom, energy sector In a crucial move towards enhancing cybersecurity and protecting national data from potential…

Netflix Password Sharing Banned in UAE: From 20 July, United Arab Emirates (UAE) residents are being notified that they can…

Sugar exports push retail price to Rs150 per kg Amid the lack of any government interest towards rising commodity prices,…

UAE healthcare spending jumps to 5.67 pct of the country’s GDP Total healthcare spend in the Middle East and Africa…

Logistic firms struggle to attain economic growth Logistic companies in Pakistan are grappling with low margins, high taxes, and an…

Global container shipping outlook: pressure mounts amid flood of new capacity The container shipping market has become used to cyclicality…

Telcos Should Be Heavily Fined for Not Improving Service Quality: IT Minister: Federal Minister of Information Technology and Telecommunication Syed…

New Iran nuclear deal may lead to quick increase in oil production Of all the geopolitical scenarios perennially judged most…

OPEC emphasises UAE’s ‘capability to withstand global economic challenges’ The UAE’s non-oil sector is expected to continue its robust growth…

SECP accepts first P2P lending platform The Securities and Exchange Commission of Pakistan (SECP) has taken a significant step towards…

Zong 4G & PBM Celebrate First Cohort of Graduates from Digital Lab & Women Empowerment Initiative: Zong 4G, in collaboration…

Expert: climate change, water scarcity can affect rice production Chairman Rice Research and Development Board Punjab Shahzad Ali Malik warned…

GCC economic strengths ‘make it ideal investment destination’ Strong Economy, low debt, lack of currency risk and high reserves make…

PIA suffers PKR 38b loss in first 3-month of 2023 The Pakistan International Airlines (PIA) suffered a loss of Rs38…

Savvy to the Rescue: Savyour Becomes World’s First-Ever Cashback App with AI-Backed Shopping Assistant: Savyour, the pioneering cashback app from…

Rice assistance payment rolls out More than a year ago, members of the rice community began working with Sen. John…

Dubai tops global charts in foreign investment: $12.8bn infusion and 38,500 jobs Gulf: According to the Financial Times, Dubai emerged…

No choice but to revive IMF: Mifta Former-finance minister Mifta Ismail has warned that Pakistan current economic crisis has left…

Samsung Hits Breakthrough in Next Gen Batteries for Phones and EVs: Similar to many other major technology companies, Samsung’s battery…

The real reason big oil is refusing to boost production Over the last couple of weeks, a stand-off has been…