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BUSINESS
Soleimani strike lifts Japan yen; grim US data hits dollar
NEW YORK: Investors rushed into safe-haven assets on Friday after U.S. air strikes in Iraq killed a senior…
Mohamed bin Zayed directs Khalifa Fund to support SMEs in Pakistan
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE…
Punjab governor praises initiation of second phase of Pak-China FTA
LAHORE: Punjab Governor Chaudhry Sarwar on Friday welcomed the initiation of the second phase of the Free Trade…
Gaming firm joins digital bank race
SINGAPORE: Gaming firm Razer said on Thursday it is leading a consortium of companies that has applied for a…
Airbus beats goal with 863 jet deliveries in 2019, ousts Boeing from top spot
PARIS: Airbus has become the world’s largest planemaker for the first time since 2011 after delivering a…
Incense makers toil ahead of Lunar New Year
Dozens of workers toil through the night coating thin lengths of bamboo in herbs, spices and richly coloured…
PIA flights forget passengers’ luggage in Dubai
KARACHI: The two flights of Pakistan International Airlines (PIA) flight forgot to bring back passengers’…
Global stocks end 2019 near record highs, dollar slides
NEW YORK: The dollar slid to a six-month low on Tuesday as progress on U.S.-China trade tensions led investors…
FBR extends deadline for filing of income tax returns
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday extended the deadline for filing of income tax returns…
Environmental protection a priority in Abu Dhabi industries
The Emirate of Abu Dhabi has seen a considerable increase in environmental protection expenditures and revenues,…
OGRA decides to jack up LPG price by Rs20 per kg for January
KARACHI: The Oil and Gas Regulatory Authority (OGRA) has decided to jack up the price of Liquefied Petroleum Gas…
Gold prices in UAE likely to increase; should you buy now?
Gold is finally taking off to the upside. After struggling for months, the yellow metal looks set to test new…
Saudi Arabia may cut light crude prices
SINGAPORE: Saudi Arabia, the world’s biggest oil exporter, may cut the prices of its light crude grades sold to…
Cabin crew could prolong walkout at Lufthansa’s Germanwings
Cabin crew at Lufthansa subsidiary Germanwings began a planned three-day strike Monday, with their union warning…
Saudi Arabia says businesses and shops to open 24 hours
Saudi Arabia said on Monday that shops and businesses will be allowed to stay open for 24 hours from January 1.…
Dubai’s non-oil foreign trade rises 6% in value to reach AED1.02 trillion in first…
Dubai’s non-oil foreign trade volumes surged to 83 million tonnes in the first nine months of 2019, an increase of…
CNG stations closed in Karachi after eight hours
KARACHI: Owing to low gas pressure, Compressed National Gas (CNG) stations, which were opened after six days on…
Mukesh Ambani adds $16.5 billion to his fortune in 2019
He is the world's 12th richest person. Reliance Industries (RIL) chairman Mukesh Ambani added $16.5…
Pakistan Stock Exchange plunges by 210 points
KARACHI: Pakistan Stock Exchange (PSX) witnessed bearish trend after a positive start on Tuesday as KSE 100…
ByteDance has no sale plans for TikTok, media report untrue
BEIJING/SHANGHAI: Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the…