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Tag Archives: News

Gulf

Gulf News

PROPERTY PRICES FALL IN ABU DHABI Prime and mid-prime villa values in Abu Dhabi are anticipated to fall by at least 15 per cent, while apartments are anticipated to trail at seven per cent, the latest market outlook for 2017 …

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Commodity

Commodity News

GOLD INVESTORS GET A WAKE UP CALL AS US RATE-HIKE ODDS SURGE Gold investors are waking up to the reality of an increasing probability that borrowing costs in the US could rise this month. Bullion futures fell for a second …

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Shipping

Shipping News

BALTIC INDEX INCHES HIGHER The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Wednesday as panamax vessel rates rose to a more than two-month high. The overall index, which factors in …

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Pakistan

Pakistan News

STATE BANK PRIORITISES TRADE WITH IRAN, SAYS GOVERNOR State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra has said that the SBP and the Central Bank of Iran will sign an agreement soon that will allow Pakistani and Iranian exporters …

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India

India News This Week

DEMONETISATION AFFECTS CAR SALES CHENNAI: The withdrawal of old 500 and 1,000 rupee notes affected automobile sales in north and west India but the sales in southern region were not, said a Kotak Institutional Equities report. In a report released …

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Technology

Technology News

PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is working to let owners of Google Home use Bluetooth streaming. It will be available soon on Google Home, which lets …

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Gulf

Gulf News

GCC FOOD CONSUMPTION TO RISE The GCC is all set to witness growth in food consumption on increased consumer base coupled with a higher per capita income, as economies stage a sustained economic recovery from the recent downturn, said Alpen …

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Commodity

Commodity News

OIL PRICES RISE AFTER DROP IN US INVENTORIES Oil prices rose on Thursday after US data showed a surprise decline in inventories, suggesting that a global glut may be ending after moves by OPEC to cut production. Benchmark Brent crude …

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Shipping

Shipping News

HIGHER SHIPPING RATES PUSH BALTIC INDEX UP The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday due to strengthening rates across all vessel segments. The overall index, which factors in rates …

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Pakistan

Pakistan News

OGRA SETS LPG PRICE AT RS910/CYLINDER As against the petroleum ministry recommended prices of Rs1,100 per 11.8kg LPG cylinder, the Oil and Gas Regulatory Authority (Ogra) on Friday determined that for the month of February the prices of LPG will …

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