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In The News

Shipping

Shipping News

MEDIUM RANGE FREIGHT RATES TOUCH YEAR LOW Freight rates for Medium Range tankers have dropped and are again teetering on the edge of year-low levels a few weeks into the fourth quarter, with over tonnage pervasive and the gasoline arbitrage …

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Pakistan

Pakistan News

STATE BANK LAUDS IMPROVED SECURITY’S IMPACT ON ECONOMY State Bank of Pakistan (SBP) Deputy Governor Jameel Ahmad, while appreciating the reviving economic activities in the country, has lauded the impact of improved security conditions attributed much to the operation Zarb-e-Azb …

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India

India News This Week

INDIA’S OIL IMPORTS HIT RECORD HIGH IN SEPTEMBER NEW DELHI: India imported a record 4.83 million barrels per day (bpd) of oil in September as several refiners resumed operations after extensive maintenance to meet rising local fuel demand. The world’s …

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Technology

Technology News

PAKISTAN: GOVT APPROVES PROGRAM TO PREPARE 1 MILLION FREELANCERS IN PAKISTAN: The Board of Directors of Ignite, National Technology Fund formerly named as National ICT R&D Fund, has given its approval over  ” DigiSkills” initiative to encourage 1 million young guns …

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Gulf

Gulf News

MALABAR GOLD OPENS 3 STORES IN A DAY IN UAE AND KUWAIT Malabar Gold and Diamonds, one among the Big 5 jewellery retailers globally with a strong retail network of over 190 retail outlets spread across nine countries, has launched …

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Commodity

Commodity News

OIL PRICES SURGE ON CHINESE IMPORT BOOST AND MIDEAST TENSIONS Oil prices firmed on Friday as bullish news from strong Chinese oil imports to turmoil in the Middle East put Brent on track for a more than 3 percent weekly …

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Shipping

Shipping News

MAQTA GATEWAY, A DIGITAL PLATFORM LAUNCHED Abu Dhabi Ports has launched Maqta Gateway, a digital platform which provides digital services to different entities including shipping agents, traders, freight forwarders, custom brokers among others to boost trade and efficiency. The new …

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Pakistan

Pakistan News

$2BN LOANS GRANTED EX-POST FACTO APPROVAL The federal cabinet has regularised nearly $2 billion foreign commercial loans that the government had obtained during second half of the last fiscal year without prior approval of the cabinet and also waived 10% …

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India

India News This Week

INLAND WATERWAYS AUTHORITY RAISES RS 660 CRORE THROUGH BONDS New Delhi, Oct 13: The Inland Waterways Authority of India (IWAI) has raised Rs 660 crore through bonds and the proceeds will be utilised exclusively to develop National Waterways, the government …

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Technology

Technology News

PAKISTAN: ZONG 4G TOPS PTA’S CUSTOMER RESOLUTION INDICATOR: Zong 4G Pakistan’s No .1 4G Network has achieved yet another milestone in the telecom industry according to the latest PTA figures. Staying true to its focus on customer centricity, Zong 4G …

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