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Yearly Archives: 2018

Gulf

Gulf News

UAE Fuel Prices Among Lowest In The World Fuel prices in the UAE, which reached its peak this month since the country opted for deregulation in 2015, are still among the lowest in the world because governments in other countries …

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India

India News This Week

India’s Banking Zombies Pose A Problem India’s state banks are beginning to resemble the walking dead. Of 21 government-controlled lenders, eleven face growth restrictions and the same amount will soon be without a boss. Some chief executives have been arrested, …

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Pakistan

Pakistan News

PKR Stable Against Dollar The rupee remained stable against the dollar at Rs121.4/121.6 in the inter-bank market on Friday compared with Thursday’s close of Rs121.4/121.6. Contrary to the impression created after the previous round of devaluation, the Pakistani currency weakened …

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Shipping

Shipping News

Crude Oil Exports Hit Europe Aframax Rates; VLCCs Cut Clean Tankers Demand US crude oil exports to the Mediterranean and West European countries have dragged down Aframax rates in these areas, seriously hurting the earnings of shipowners in what was …

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Technology

Technology News

Pakistan: Facebook Launches Instagram Lite For Emerging Markets: Facebook has introduced a stripped-down version of the social photo-sharing app Instagram. Instagram Lite is going to be lighter and would be able to run on devices with small amounts of storage …

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Commodity

Commodity News

Oil Gains On Anticipation Of Sanctions On Iran Oil prices rose on Friday on concern that US sanctions against Iran would remove a substantial volume of crude oil from world markets at a time of rising global demand. US crude …

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Press Releases

Press Releases

UD Trucks Launches The New Quester In Pakistan UD Trucks Corporation, together with VPL Limited, the authorized distributor of UD Trucks in Pakistan, today launched the all-new UD Quester heavy-duty truck range in Pakistan. The UD Trucks Quester range was …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken …

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Economic Indicator Of Pakistan

Economic Indicator

An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries.  

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