Home / In The News

In The News

Gulf

Gulf News

UAE banking sector tops in GCC with h1 assets surging to dh2.7t The UAE banking sector, currently undergoing a new cycle of consolidation, continues to surpass GCC peers in terms of total assets that had surged two per cent to …

Read More »

India

India News This Week

Relief on inflation continues! August WPI eases to 4-month low at 4.53% Inflation based on wholesale prices eased to a four-month low of 4.53 per cent in August on softening of prices of food articles, especially vegetables. The Wholesale Price …

Read More »

Pakistan

Pakistan News

FDI drops 35pc as investors wait for economic policy changes Foreign investors largely remained shy of driving up investments in Pakistan’s economy as they waited for clarity on economic policies to be announced shortly by the new government. Foreign direct …

Read More »

Shipping

Shipping News

Shipping rates plunge on fears of trade war impact When US President Donald Trump fired the first salvos in his trade war with China, the market for hauling bulk commodities that power the Asian country’s economy responded with a surprising …

Read More »

Technology

Technology News

PAKISTAN: YouTube Kids Now Lets Parents Control What Content their Children Can View: YouTube Kids has added a new feature that now lets parents whitelist videos and channels that their children can access. The feature has been rolled out to …

Read More »

Commodity

Commodity News

Oil prices mixed on China tariff talk concerns Oil prices pulled back on Friday on concerns additional U.S. tariffs would be placed on Chinese imports, after an earlier rally triggered by worries that more sanctions on Iran might constrict supply. …

Read More »

Gulf

Gulf News

Abraaj fund unit that managed $14b gets $1 bid The fund unit of the embattled private equity firm Abraaj Group, which once managed about $14 billion, reportedly received a bid from a London-based emerging market investor for $1. Private equity …

Read More »

India

India News This Week

8.2% GDP growth an outcome of reforms like gst, liberalisation of fdi norms by Modi government, says CII The 8.2 per cent economic growth in the first quarter of 2018-19 is an outcome of key reforms like GST and liberalisation …

Read More »

Pakistan

Pakistan News

FATF measures assist make bank operations clean The tightening of the monitoring regime to combat terror financing and money laundering under the umbrella of the inter-governmental Financial Action Task Force (FATF) is a positive move for the banking industry and …

Read More »

Shipping

Shipping News

Tainted shipping fuel sparks calls for tighter quality control A wave of contaminated fuel that has clogged and damaged engines on hundreds of oil tankers and container vessels in the past months has pushed shippers to demand stricter quality controls …

Read More »