Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The State Bank of Pakistan’s Monetary Policy Committee unanimously decided Monday to keep the policy rate unchanged at 11.5 percent, citing an improved macroeconomic outlook tempered by heightened risks…
KARACHI: As tensions rise in the Middle East, Pakistan has taken on two important roles: first, as a peacemaker between the United States and Iran, and second, as an emergency…
KARACHI: Workers’ remittances increased by 9% MoM to $2.284 billion in Sep-2020, as against $2.095 billion in Aug-2020. Compared to the same month last year, remittances registered a rise of…
NEW YORK — Knowledge Bylanes — Guidepoint, a leading New York-based expert network, expanded its international footprint to a brand-new market in the Middle East by establishing a presence in…
DUBAI: Al Safwa has announced the launch of the latest online trading platform in the Middle East to be the most comprehensive and most responsive version of Mubasher Trade Plus.The…
KARACHI: In the best of times, countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region would face a formidable task of creating jobs for the millions of…
LONDON: The Boards of Porta Communications Plc and SEC Global have entered into discussions concerning a potential all-share merger of the two companies. The Potential Merger would create a strategic…
DUBAI, UAE: Amlak Finance PJSC, a leading specialized Islamic real estate financier in the Middle East, has announced its Full Year Financial Results for the year ended December 31, 2018,…
DUBAI, UAE: Al Safwa Mubasher has announced that it has officially been accepted as a member of the Dubai Gold and Commodities Exchange (DGCX), the leading exchange of commodity derivatives…
LONDON: London Stock Exchange has listed Qatar International Islamic Bank (QIIB) $500 million sukuk in the presence of QIIB Chairman and Managing Director Sheikh Dr Khalid bin Thani al-Thani, Chief…
DUBAI: Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties PJSC, has fully acquired Namshi, the leading regional fashion e-commerce retailer. This follows acquiring the remaining stake…
The European Commission (EC) has adopted the list of 23 countries, including Pakistan, with strategic deficiencies in their anti-money laundering and counter-terror financing frameworks. “Today, the commission adopted its new…
KARACHI: Visa has announced it is expanding its Fintech Fast-Track Program in the Central and Eastern Europe, Middle East and Africa (CEMEA) region as part of its efforts in developing…
Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by…