World oil prices up 1.5pc on strong US data Oil prices gained 1.5 percent on Friday as strong US employment data tempered fears about weakening global crude oil demand, and on expectations that an escalating conflict in Libya could tighten …
Read More »Gulf In Focus
GULF STATES- ECONOMICS & FINANCE Uber set to acquire Dubai-based Careem for $3.1 billion US ride-hailing giant Uber is set to announce $3.1 billion acquisition of its Dubai-based rival Careem in a cash and stock deal as early as this …
Read More »India In Focus
Attention taxpayers! from April 1 Think twice before you flaunt your lavish lifestyle on social media. The taxman will be keeping an eye come April 1. The Income Tax department is all set to implement its brainchild – Project Insight …
Read More »Pakistan In Focus
ECONOMIC TIMES OF PAKISTAN Rupee declines as country prepares for IMF deal The State Bank of Pakistan (SBP) has let the rupee depreciate by Rs0.49 to a new all-time low at Rs140.78 to the US dollar in the inter-bank market …
Read More »Ports & Shipping
INTERNATIONAL SHIPPING INDUSTRY Trafigura ships more Asian gasoline to Americas on new tanker Commodity trader Trafigura is shipping this month a second newly built crude tanker with Asian gasoline onboard to South America amid strong demand in the West, four …
Read More »Technology
PAKISTAN NEWS: Startup for plastic waste disposal wins Rs0.5m at Dasani Discovery Challenge: Umer Abid and his team have won a prize of Rs. 0.5 million for proposing an idea using plastic waste as a road-building material in the Dasani …
Read More »World Commodities
WORLD COMMODITIES TRADING Oil prices post biggest quarterly rise in a decade Oil prices rose about 1 percent on Friday, posting their biggest quarterly rise in a decade, as US sanctions against Iran and Venezuela as well as OPEC-led supply …
Read More »Tokyo 2020: Robots to feature at Olympic and Paralympic Games
A wheelchair user demonstrates how the specially designed robots will work Published in BBC, on Mar 20th, 2019, Sporting events rely on having an army of volunteers to help them run smoothly but Tokyo 2020 will be a little different …
Read More »Gulf In Focus
GULF STATES| ECONOMICS & FINANCE UAE is the fastest growing region: Zoho Zoho, a global provider of cloud-based business software, today announced its plans for expanding and reinforcing its presence in the UAE and GCC region. The announcement was made …
Read More »India In Focus
INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Indigo airlines continues to recruit expat and ‘out-of-job’ pilots At a time when Jet Airways is facing financial difficulties, India’s budget carrier IndiGo has said that it continues to engage in recruiting expat as …
Read More »