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Category: Business

Saudi oil refinery to help Pakistan save $3b a year

The refinery would produce up to 300,000 barrels per day once completed news desk ISLAMABAD Pakistan expects to agree a deal to build an oil refinery and petrochemical...

Filipino remittances from the Middle East down 15.3% in 2018

Cash remittances from OFWs in Saudi Arabia fell 11.1 percent last year to $2.23b from $2.51b previously Monitoring Desk DUBAI Money sent home by overseas Filipino...

Indian exporters to lose $1.9b Pakistan market

Withdrawing MFN status INP ISLAMABAD Businessmen Panel Secretary General (Federal) for Federation of Pakistan Chambers of Commerce and Industry, Ahmad Jawad has said the...

To fight off unemployment, Iraqi youth plant start-up seeds

Web Desk BAGHDAD Stuck between an endless waitlist for a government job and a frail private sector, Iraqi entrepreneurs are taking on staggering unemployment by...

Nissan panel to recommend outside director to chair board: report

Monitoring Desk TOKYO A Nissan Motor governance committee will recommend the appointment of an external director as board chairman, a role distinct from company...

Hong Kong economy stalls amid US-China trade dispute: finance chief

HONG KONG: Hong Kong’s economy stalled last year as the ongoing China-US trade dispute and retail woes dragged down local business, the city’s financial chief said...

Gadani Ship-breaking yard’s official dies of heart attack during police raid

KARACHI: Abdul Kareem, who was the General Secretary of Gaddani Ship-breaking yard association died of cardiac arrest during a raid of police at Metroville in SITE Town,...

China to lure foreign investment in state giants

BEIJING: China will seek to attract foreign investment in its larger state-owned enterprises (SOEs), which are undergoing reforms to make them more competitive, the head...

IPO of remaining 50% of Kuwaiti bourse seen

KUWAIT: The initial public offering for the remaining 50 percent of shares in the Kuwaiti bourse will take place in the fourth quarter of 2019 or the first quarter of...

Business Community asked to cooperate in renovation of FG schools

DNA ISLAMABAD The business community is playing key role in the economic development of the country and it should come forward to cooperate in renovating FG schools in...