Year: 2015

BRUSSELS: Government is in negotiations with the KBC Bank of Brussels for taking €3.5 million as supplementary funding for the ...

Fortune favours telcos, franchises, retailer outlets as they charge Rs.10 per CNIC re-verification of SIMs

ISLAMABAD: Pakistan Telecommunication Authority (PTA) reveals it has completed the biometric verification of 72 million SIMs while 10 million have ...

2.8m years old human jaw fossil found on Ethiopian hilltop can redefine human evolution

NEW YORK: The recent analysis of a single human jaw with five teeth on an Ethiopian hilltop could redefine ancient ...

Shoukat Hayat assumes charge as Assistant Collector Exports

ISLAMABAD: Shoukat Hayat, a Pakistan Customs Service officer of BS-17, has assumed the charge of the post of Assistant Collector, ...

“Islamic State” supporters creates their own social networking site “caliphate book” as banned on Facebook, twitter

LONDON: The Islamic State Supporters has created their own “caliphate book”, after banning of social networking sites such as Facebook ...

Indonesia’s Telkom may cut dividends by 40% to $447.6m

JAKARTA: State-run telecommunications giant PT Telekomunikasi Indonesia (Telkom) will likely lower dividend payments by more than 40 percent this year ...

DP World to take full control of 100 hectares container terminal at Liege Port in Belgium

BRUSSELS: DP World will take full control of the planned container terminal at Liège Port in Belgium as it strengthens ...

2.8m yrs old jawbone fossil have 5 teeth, intact unearthed in Ethiopian

WASHINGTON: A 2.8 million year old jawbone fossil with five teeth intact has been unearthed in an Ethiopian desert. The ...

US exports to Iran up 1.5% in Jan

TEHRAN: According to a report of US Department of Commerce that US exported $13.3 million worth of products to Iran ...

ICB rate cut helps to boost Indonesian exports

JAKARTA: Indonesian commodity producers and economists have hailed the Indian central bank’s rate cut as good for boosting exports from ...

Malaysia’s WCT wins biggest contract in more than two years worth RM1.2bil

KUALA LUMPUR: WCT Holdings Bhd won its biggest contract since the group was restructured in mid-2013, which also ends a ...

European Central Bank to announce details of unprecedented programme of bond-buying

DUBLIN: The European Central Bank is getting ready to announce details of the unprecedented programme of government bond-buying it hopes ...

Malaysia’s Penang property seen slowing down due to high prices

PETALING JAYA: Escalating prices of landed residential properties in Penang could see transactions slowing down in 2015. According to Real ...

Ferrari, Mercedes, Porsche, Lamborghini, Aston Martin: 27 classic cars sold for £20m in UK’s biggest deal

LONDON: A collection of 27 classic cars, including Ferrari, Mercedes, Porsche, Lamborghini and Aston Martin has been sold for around ...

Australian dollar drops multi yrs low on strong US dollar

PERTH: The Australian dollar has fallen back near the multi-year low it hit in January as fresh signals from China ...

Skillful economy helps Malaysia to achieve high income status: IMF

KUALA LUMPUR: Malaysia is on track to reach high income status in five years due to skillful economic management amidst ...

Norway $860b wealth fund faces diminishing returns due to low bond yields

OSLO: Norway’s wealth fund, the world’s largest, faces diminishing returns due to low bond yields and should reduce its fixed ...

Qatar insurance market expands by $2b

DOHA: The size of Qatar’s insurance market is picking up, though slowly, and has hit an estimated $2bn. This represents ...

India exempts homes worth 1.5 million from tax