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In The News

Shipping

Shipping News

Container market still competitive With nearly 400 different vessel operators plying their trade worldwide there is plenty of competition and potential for more M&A activity. The collapse of freight rates during the second half of last year, far out of …

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Technology

Technology News

PAKISTAN: National savings app lets you check investment info, prize bond results & more: National Savings is continuing to move forward on its reform agenda and is entering the Digital Age by launching a mobile application “Qoumi Bachat Digital” for …

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Commodity

Commodity News

Oil up on threats of rebel attacks in Nigeria, falling US crude stocks Oil prices rose on Thursday on a reported decline in US crude inventories, and as rebels in Nigeria threatened to attack the country’s petroleum infrastructure. However, prices …

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Gulf

Gulf News

UAE growth to accelerate in 2018 The UAE economy is geared to grow at an accelerated pace at 3.9 per cent in 2018, the Ministry of Economy said on Tuesday. Citing a forecast by the UAE Central Bank, Abdullah Al …

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India

India News This Week

Retail inflation to hit 17-month high of 5.1% : Poll India’s retail inflation likely rose to a 17-month high in December, a Reuters poll showed, and that could push the central bank to tighten monetary policy. After November’s 15-month high …

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Pakistan

Pakistan News

Foreign exchange: SBP’s reserves down 0.88pc, stand at $13.98bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 0.88% on a weekly basis, according to data released by the central bank on Thursday. On January 5, foreign …

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Shipping

Shipping News

NWE, Persian Gulf ULSD vessels change course on less attractive US arbitrage Vessels heading to the US and Caribbean with ultra low sulfur diesel from the Baltics and the Persian Gulf have reversed course after the arbitrage, which some sources …

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Technology

Technology News

PAKISTAN: Incentives package to boost IT industry: The Ministry of Information Technology is working on a comprehensive incentives package for IT/ITeS Industry to boost Pakistan’s IT Exports. IT/ITeS industry is currently a flourishing sector in comparison to other sectors of …

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Commodity

Commodity News

Oil retreats from $70 highs but set for fourth week of gains Oil prices fell on Friday after hitting a three-year high of more than $70 a barrel the previous day, but they were still on track to post a …

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Gulf

Gulf News

Governance drives sustainable growth As an executive director of the Pearl Initiative, Carla Koffel has been building strategic partnerships with the region’s private sector, government stakeholders and civil society organisations since taking charge last year. The Pearl Initiative was established …

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