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In The News

Shipping

Shipping News

Stronger capesize demand pushes up baltic index The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday, buoyed by higher demand for capesize vessels. The overall index, which factors in rates for …

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Technology

Technology News

PAKISTAN NEWS: Govt Likely to Allow Import of Used Smartphones: In a major policy shift in the telecom sector, the PTI government is planning to allow import of used mobile phones in Pakistan, reliable sources quoted as saying last week..Import …

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Commodity

Commodity News

World oil prices hit over one-year low Oil prices slumped up to nearly 8 percent to the lowest in more than a year on Friday, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as …

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Gulf

Gulf News

Colour a key driver when GCC buyers decide on purchasing cars Colour plays an important part in the final selection process when it comes to buying a car, new research by SEMrush has revealed. The data showed that GCC consumer …

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India

India News This Week

Demonetisation ‘key step’ in formalising economy, tackling black money: Arun Jaitley defends noteban As India completes two years of demonetisation today, Finance Minister Arun Jaitley has once again come out in support of the exercise explaining how the noteban by …

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Pakistan

Pakistan News

Remittances increase 21% to $2 bn Overseas Pakistani workers sent home 21% higher remittances amounting to $2 billion in October 2018 as a historic drop in the rupee’s value attracted increased flow of remittances through official channels – banks and …

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Shipping

Shipping News

South Korea takes top spot in global ship orders South Korean shipbuilders clinched the No. 1 position in new orders worldwide in the first 10 months of the year, outpacing Chinese rivals, according to industry data last Tuesday. According to …

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Technology

Technology News

PAKISTAN NEWS: Pakistan and Etisalat Resume Talks for Pending Payment for PTCL: Pakistan has decided to reinitiate talks with Dubai-based Etisalat at the highest level to resolve the much-awaited $800 million outstanding dues on account of Pakistan Telecommunication Company Limited …

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Commodity

Commodity News

Oil falls as global supply increases Oil prices fell nearly 1 percent on Friday as global supply increased and investors worried demand growth could slow, pressuring US crude to its longest stretch of daily declines since 1984. Crude futures benchmarks …

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Gulf

Gulf News

Ease of doing business: UAE jumps 10 places to be 11th The UAE has expedited its march towards making the economy more attractive for foreign investment and easier to do business as the latest World Bank report ranked the nation …

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