Hague and London Oil to acquire assets in Dutch & UK Southern North Sea
LONDON: Hague and London Oil plc (HALO), has announce the proposed acquisition of several assets in the Dutch & United Kingdom (UK) sectors of the North Sea from ONE-Dyas BV…
Domty signs loan contract with Commercial International Bank
LONDON: Arabian Food Industries Company Domty signed a medium-term loan contract with The Commercial International Bank (CIB-Egypt), whereby the bank allows Domty to obtain a loan of up to 100…
Huawei advances AI and gears up for 5G expansion at GITEX Technology Week 2019
BEIJING: At this year’s GITEX Technology Week, Huawei – a leading global provider of information and communications technology (ICT) – will preview how the deeper integration of Artificial Intelligence (AI)…
Farm Bureaus maintain favorable credit ratings despite limited business profiles
NEW YORK: AM Best-rated farm bureaus within the U.S. property/casualty (P/C) segment have experienced steady growth in net premiums written (NPW) in the past decade, unlike their life/annuity (L/A) counterparts,…
NAB asks Customs to provide data of used clothing import, details of assessment staff clearing used clothing
KARACHI: The National Accountability Bureau (NAB) has asked MCC Appraisement East to provide import data relating to import of used clothing in the past one and a half year as…
ASO Sukkur seizes four smuggled vehicles worth Rs8.5 million
KARACHI: The Anti Smuggling Organization (ASO) staff of Customs Intelligence and Investigation Sukkur has seized four non-duty paid vehicles worth Rs.8.5 million. Keeping in line with the directions of Chairman…
TECHNOLOGY IS THE BEST CHANCE TO RECOVER PAKISTAN’S LOSS SUSTAINED IN SOCIO-ECONOMIC DEVELOPMENT
KARACHI: “Using modern technology, Pakistan has the best chance to recover the loss it has sustained in previous decades in its socio-economic development.” This was stated by Syed Veqar ul…
Special Customs Court acquits accused in SRO 1125 abuse case
KARACHI: The judge, Special Customs Court at Karachi on Tuesday acquitted one Naveed Ahmed, owner of Hadi Textile in case no 20 of 2014. As per FIR, the accused being…
SHC issue notices in another petition by textile importer
KARACHI: Pre-admission notices were issued for Oct 04 to Deputy Attorney General and respondent customs officials including Directorate of Intelligence and Investigations (DIT) here on Monday by an appellate bench…
SHC adjourns hearing of bail plea by alleged smuggler
KARACHI: Justice Faheem Ahmed Siddiqui of High Court of Sindh on Tuesday adjourned hearing in a bail application filed by one Mehmood Iqbal booked by Pakistan Customs on charge of…
Pakistani Hajj & Umrah pilgrims must submit their biometrics before travel to Saudi Arabia
KARACHI: Saudi Ministry of Hajj & Umrah had issued a circular on Massar (https://visa.mofa.gov.sa/account/hajsmartform) stating pilgrims in countries with Biometric enrollment centres for Hajj & Umrah, such as Pakistan, must…
Dewhurst to offload entire shareholding in Thames Valley Controls Limited
LONDON: Dewhurst plc has entered into a conditional sale and purchase agreement to sell the entire issued and outstanding shares in Thames Valley Controls Limited (TVC), the supplier of lift…
Keppel Land China acquires commercial development in Guangzhou
SINGAPORE: Keppel Land China Limited has entered into a share sale and shareholder loan transfer agreement with Topchain Group to acquire a 30% stake in Win Up Global which will…
Progressive ESG practices lift Cromwell European REIT’S GRESB score by 43%
SINGAPORE: Cromwell EREIT Management Pte. Ltd., in its capacity as manager of Cromwell European Real Estate Investment Trust (CEREIT), announced that the Manager has achieved a 43% year-on-year improvement of…
Sembcorp joins hands with Becamex and VSIP to bring smart energy solutions to Vietnam
SINGAPORE: Sembcorp Smart Energy Solutions Vietnam, a newly incorporated wholly-owned subsidiary of Sembcorp Industries, has signed a joint venture agreement with Becamex IDC Corporation and Vietnam Singapore Industrial Park J.V.…
Qatar Stock Exchange holds 10th annual IR Conference in Doha
DOHA: Qatar Stock Exchange (QSE) held the 10th Annual Investor Relations Conference. The conference was held at the Rotana Hotel in Doha with the participation of a wide range of…
Participants of 111th NMC and Sir Lankan civil officers call on President
ISLAMABAD: Nation’s progress and rise to excellence can be achieved through hard work, judicious utilization of available resources and sincere leadership and these factors bear fruit only when the civil…
SECP reduces regulatory tariffs to make capital market more competitive investment avenue
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in view to foster capital market development and broadening investor base, has approved revision in tariff structures of National Clearing Company…
PIA signs MoU with Korangi Association of Trade and Industry
KARACHI: Pakistan International Airlines (PIA) and Korangi Association of Trade and Industry (KATI) signed a memorandum of understanding, wherein various discounts including group travel and preferential services at airports will…
Visa launches ‘Stay Secure’ campaign in Pakistan to help protect cardholders
KARACHI: Visa, the world’s leader in digital payments, today launched ‘Stay Secure’, a consumer education campaign that aims to promote safe digital payment (card and mobile) practices among Pakistani consumers.…