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In The News

Shipping

Shipping News

ASIA OIL 180-CST CASH PREMIUMS PARE GAINS Cash premiums of Asia’s 180-cst high-sulphur fuel oil gave up gains made in the previous session as buying interest for the lower viscosity fuel oil dried up following a 2017 record volume of …

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Pakistan

Pakistan News

CURRENT ACCOUNT DEFICIT WIDENS 102PC IN Q1 Pakistan’s current account deficit widened 102% in the first quarter (Jul-Sep) of current fiscal year 2017-18 (FY18) to stand at $3.56 billion compared to $1.64 billion in the same period of previous year, …

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India

India News This Week

ANIL AMBANI GETS A SEAT ON ATLANTIC COUNCIL ADVISORY BOARD NEW DELHI: Reliance Group Chairman Anil Ambani has been inducted into the international advisory board of global think-tank The Atlantic Council. He joins News Corp Chairman Rupert Murdoch, former Spanish …

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Technology

Technology News

PAKISTAN: DUBAI POLICE FORCE ADDS HOVERBIKES FOR EMERGENCY RESPONSE: Dubai is transforming into “Future City”, to get one step near to this initiative, they’re putting self-flying taxis in skies and facial recognition system at its airport. The Dubai police department …

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Gulf

Gulf News

VALUE OF EXPO 2020 DUBAI-LINKED PROJECTS HITS DH122B The value of all projects related to Expo 2020 Dubai has touched Dh122 billion as the UAE begins the countdown for the mega global showcase that will kick-off on October 20, 2020. …

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Commodity

Commodity News

OIL MARKETS FIRM ON TIGHTER US PRODUCTION, OPEC CUT Oil prices were firm on Thursday, supported by ongoing supply cuts led by OPEC, tensions in the Middle East and lower production in the United States as a result of hurricane-enforced …

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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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