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Gulf In Focus

Gulf News

GULF STATES – ECONOMICS & FINANCE Emirates launches special fares on UAE’S national day Emirates airline has launched special fares to mark the UAE’s National Day celebrations this year. A number of UAE residents will fly out of the country …

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Government Initiative

Government Initiative

*PM’s initiatives for financial inclusion and shelter homes Prime Minister Imran Khan launched the Financial Inclusion Strategy initiative under his government’s flagship poverty alleviation programme Ehsaas with Queen Maxima of the Netherlands, UN Secretary-General’s Special Advocate for Inclusive Finance for …

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Pakistan In Focus

Pakistan News

ECONOMIC TIMES OF PAKISTAN Chinese investors keen to pour $2 bn into PSX Chinese investors have expressed keen interest in pouring at least $2 billion into Pakistan’s stock market. “Small Chinese stockbrokers having $52 billion in assets under management have …

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Ports & Shipping

Shipping News

WORLDWIDE SHIPPING INDUSTRY Baltic index gains on stronger vessel demand The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched up on Wednesday, helped by stronger demand across all vessel segments. The Baltic …

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World Commodities

Commodity News

WORLD COMMODITIES TRADING World oil prices tumble on fresh trade tensions, record us crude output Oil prices fell on Friday, with US crude dropping more than 4%, on fresh trade tensions and record high US crude production, but they still …

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Gulf In Focus

Gulf News

GULF STATES – ECONOMICS & FINANCE 75PC of UAE companies don’t set aside assets for end-of-service gratuities Three quarters of companies in the UAE do not set aside specific assets for end-of-service benefits, according to a new survey from Swiss …

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Pakistan In Focus

Pakistan News

Pakistan’s external debt, liabilities rise $600mn Pakistan’s total external debt and liabilities increased $600 million to $106.9 billion in first quarter (Jul-Sept) of the current fiscal year as the country borrowed more, mainly from the International Monetary Fund (IMF), to …

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Government Initiative

Government Initiative

*PM says Super 6 wind power projects provide affordable energy Prime Minister Imran Khan has signed a deal for Wind-generated electricity project. The project will cost 450 million dollars and would produce 360 Megawatts of electricity which will then be …

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