Wednesday, July 28, 2021

UAE

Drastic decline in global crude price as fed cuts interest rate to zero

The Federal Reserve took yet another bold action on Sunday evening, announcing that the central bank would be slashing interest rates to zero percent. But the markets weren't impressed, with the Dow dropping over 2,000 points, and oil prices...

Facebook caps Saudi and UAE manipulation campaigns

Facebook announced Thursday it has blocked two manipulation campaigns, one orchestrated from Saudi Arabia, the other from the United Arab Emirates and Egypt, and directed against multiple countries in the Maghreb and the Middle East, including the Qatar. In all...

Pakistan: Worker remittances up by 6% YoY during April

Overseas Pakistani workers remitted US $17,875.23 million in the first ten months (July to April) of FY19, showing a growth of 8.45% compared with US $16,481.82 million received during the same period in the preceding year. Overseas Pakistanis remit US...

Organizing winter sports in Pakistan will attract adventure lovers across the world: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said that Governments new e-visa policy will play...

After African Union, El-Sisi to chair Arab-European Summit on Sunday

Egypt all set to host the Arab-European summit scheduled for next Sunday, which will discuss several important issues, including illegal immigration and refugees besides disputes, particularly Libya, Syria and others. The Secretary-General of the League of Arab States Mahmoud Afifi,...

UAE ruler receives Canadian innovative award at World Summit of Governments

Sheikh Mohammed bin Rashid, Ruler of Dubai and Prime Minister of the United Arab Emirates and his son, Hamdan bin Mohammed, Deputy Ruler of Dubai, presented two models of transport units on the sidelines of the World summit of...

 ‘I had a good and constructive meeting with PM Khan’: Christine Lagarde

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), met today with Prime Minister Imran Khan of Pakistan in Dubai, in the context of the World Government Summit hosted by the United Arab Emirates.   Following the meeting, Managing Director...

How brains of Pakistan manage corporate world

Witness empowering, nurturing and rewarding human capital practically in letter and spirit. Discover values inspiring trust, building relationships and driving growth pragmatically towards corporate excellence. Observe enlightening management practices of pioneering insights and initiatives on brain and hearts driven...

Speculation on Rupee devaluation dies, investor shifts focus from hoarding USD

With the influx of funds from Saudi Arabia and United Arab Emirates (UAE), the rumours regarding further devaluation of rupee have died, as the investors are shifting the focus from hoarding US dollar.   Besides, the strict measures taken by the...

Pakistan’s foreign exchange reserves up $1.54 billion to $ 14.8 billion on inflow

Pakistan’s total foreign exchange reserves jumped by $1.545 billion during a week over after receiving the payments from Saudi Arabia and United Arab Emirates, State Bank of Pakistan said on Thursday.   The total foreign exchange reserves of the country increased...
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Microsoft bags another record breaking year with $60 billion in annual earnings

Microsoft Corp. finished yet another record-breaking year with more than $60 billion in profit and $165 billion in sales,...
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