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In The News

Pakistan

Pakistan News

Foreign office warns against unsanctioned comments The Foreign Office has warned government functionaries against issuing unauthorised comments about the China-Pakistan Economic Corridor (CPEC) after a statement by a senior official of the Planning Commission caused stir in Beijing. Barring government …

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Shipping

Shipping News

Medium range tanker freight rates return to 2018 low Clean freight rates for Medium Range tankers have returned to 2018 lows seen earlier in the summer after a brief surge in activity in the second half of July. A weaker …

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Commodity

Commodity News

World oil prices pull back Crude futures pulled back on Friday, giving up gains from the previous session as trade concerns weighed on the market and fueled concerns about demand. US West Texas Intermediate (WTI) crude futures CLc1 settled down …

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Gulf

Gulf News

Economic confidence rising in UAE Economic confidence in the UAE and other Middle East countries rebounded to its highest level since the second quarter of 2015 in sharp contrast to a decline in global confidence level in the same quarter …

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India

India News This Week

GST: Tax officers in states to reach out to traders, industry bodies, msmes to list out grievances Tax officers in states and union territories will reach out to trade and industry bodies, MSMEs, to understand their issues and grievances relating …

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Pakistan

Pakistan News

Incentives worth $1.6bn approved for new coastal refinery in Balochistan Despite opposition by different ministries, former prime minister Shahid Khaqan Abbasi approved $1.6 billion worth of incentives for UAE-based Abu Dhabi Petroleum Investment Company to encourage it to establish an …

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Shipping

Shipping News

The VLCC race: US midstream companies plan to export more oil faster Since the US crude market began to grow only a short time ago, there has been a race to see who can load the most crude in the …

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Technology

Technology News

PAKISTAN: Youtube’s Update Has Made It Slower on All Browsers Except Chrome: Mozilla claims that Google has made YouTube load slower on other platforms like Firefox and Microsoft’s Edge browser, compared to Google Chrome. Mozilla’s Technical Program Manager Chris Peterson, …

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Commodity

Commodity News

World oil prices slip Oil prices fell on Friday, weighed down by a drop in the US equities market, but Brent still marked a weekly increase, supported by easing trade tensions and a temporary shutdown by Saudi Arabia of a …

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Gulf

Gulf News

UAE welcomes china to explore investment opportunities Economy ministers of the UAE and China said the state visit opened doors to new areas of cooperation and also strengthened existing ties between the two countries. Taking things a step forward, UAE …

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