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In The News

Pakistan

Pakistan News

PML-N paid PKR 72bn illegally to power producers: AGP The Auditor General of Pakistan (AGP) has told the new Pakistan Tehreek-e-Insaf (PTI) government that the previous Pakistan Muslim League-Nawaz (PML-N) administration had made illegal payment of Rs72 billion to power …

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Shipping

Shipping News

Germany’s commercial shipping fleet shrinks by a third Germany, one of the world’s main maritime players, saw its commercial fleet shrink by a third over the past six years, becoming the biggest loser in a vicious industry slump that has …

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Technology

Technology News

PAKISTAN NEWS: Facebook misuses phone numbers intended for two-factor authentication Facebook has been using the phone numbers that you gave them for two-factor authentication for targeted advertisement behind the scenes.You might be familiar with two-factor authentication, it’s a way to …

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Commodity

Commodity News

Brent crude hits 4-year high Oil prices rose more than 1 percent on Friday, with Brent climbing to a four-year high, as US sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production. Brent …

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Gulf

Gulf News

Top UAE banks step up lending as confidence rises The 10 largest listed banks in the UAE maintained increasing levels of confidence in the second quarter by recording increased lending activity and a higher return on credit, according to data …

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India

India News This Week

Finance ministry officials to brief parliamentary panel on Ponzi scheme bill Senior finance ministry officials will brief a parliamentary committee later this week on a Bill to ban ponzi schemes. The Banning of Unregulated Deposit Schemes Bill, 2018, which proposes …

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Pakistan

Pakistan News

Pakistan remains undecided on cancelling $400mn loan from ADB With only nine months left in closing of the project, Pakistan has not yet taken a final decision on the cancellation of a $400 million loan, which the Asian Development Bank …

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Shipping

Shipping News

Singapore bunker fuel demand likely to rebound Singapore delivered bunker fuel demand is expected to see an uptick in September, compared with August when some shipowners opted to take their bunker fuel at other ports due to fuel quality concerns, …

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Technology

Technology News

PAKISTAN: Zong 4G continues its speed and network expansion momentum like an F-16: Pakistan’s Leading Data Network, Zong 4G, has risen to earn the distinguished title of being the ‘F-16 of Pakistan’ on account of its fastest 4G speed and …

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Commodity

Commodity News

World oil prices up, OPEC meeting in focus Oil prices were up slightly in heavy, seesaw trading on Friday, giving back most earlier gains after news that major producers would consider additional supply a day after US President Donald Trump …

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