In The News

  Published in BBC, on Jan 24th, 2019, By Bill Wilson Real Madrid has topped the table of the world’s 20 richest football clubs, displacing Manchester United with record revenues of €750.9m (£674.6m). Man Utd slipped to third with Barcelona making …

  Published in The Express Tribune, on Jan 24th, 2019, By Saleem Khaliq PCB Chairman Ehsan Mani was successful in convincing the authorities The Pakistan Super League (PSL) franchises have been granted tax relief by the government — which pertains to withholding …

Frenkie de Jong will finish the season at Ajax before joining Barcelona in the summer   Published in Geo, on Jan 24th, 2019, BARCELONA: Barcelona have won the race to sign highly-rated Ajax midfielder Frenkie de Jong, the Spanish club announced …

  Published in Samaa, on Jan 24th, 2019, Cricket continues its slow return to Pakistan as West Indies women are set to tour the country for the first time in 15 years. The Calypsos were the last non-Asian women’s team to …

UAE economy set for 3.8pc annual surge until 2023 Driven by an uptick in investment flows and private consumption, the UAE economy is forecast to record an average annual real GDP growth of 3.8 percent between 2019 and 2023, the …

SC issues notice to RBI on pleas alleging violation The Supreme Court Friday sought RBI’s response on two pleas seeking contempt proceedings against the central bank and its former Governor Urjit Patel for non-disclosure of information under RTI about some …

Government to dissolve transfer pricing directorate The federal government, in its supplementary finance bill, has recommended the withdrawal of legislation for establishing the Directorate General of Transfer Pricing. The directorate was being set up to scrutinise master files and other …

Northwest Europe RMK 500 cst bunker fuel strengthens An increase in fuel oil exports east from Rotterdam is supporting RMK 500 CST bunker fuel prices, as availability of the higher viscosity fuel tightens. Traders are moving RMG 380 CST and …

PAKISTAN NEWS: Under-Invoicing of IT Products Has Cost Pakistan Rs40Bn in 5 Years: Pakistan is witnessing huge under-invoicing in information technology, as products with an actual value of Rs. 68 billion were imported last year compared to the declared value …

Oil falls 39 cents, settling at $52.62 The oil market fell on Wednesday as a widespread economic slowdown, which may dent growth in demand for fuel, weighed on energy prices. Crude futures earlier got a boost from hopes that Japan …