Govt releases Rs 1.342b for IT, telecom projects
ISLAMABAD: The government has so far released Rs 1.342 billion for different ongoing projects of the Ministry of Information Technology...
LCCI urges government to establish ‘Punjab Steel Mills’
LAHORE: Executive Committee Member of the Lahore Chamber of Commerce and Industry Raja Adeel Ashfaq has urged the Punjab government...
Russian grain exports to remain high in March
MOSCOW: Russian grain exports are expected to remain high in March after record supplies in January and February due to...
Nigeria Customs seizes 1, 035 bags of smuggled rice
ABUJA: The Nigeria Customs Service, Ogun State Area Command, has impounded about 1,035 bags of smuggled rice from smugglers. The...
JFK customs seizes 1,400 hazardous hoverboards
WASHINGTON: Customs agents at JFK Airport confiscated almost 1,400 counterfeit and dangerous hoverboards at the end of last year, officials...
Hungary gross wages rise 5.7% in Dec
BUDAPEST: Gross wages in Hungary rose by an annual 5.7 percent in December and grew by 4.2 percent in 2015...
Enbridge sees rise in profit, record oil shipments
CALGARY: Enbridge Inc. said profit rose in the fourth quarter as record oil shipments on its main pipeline system shielded...
Japan iPhone shipments dip 10.6% in 2015
TOKYO: Shipments of Apple Inc.’s iPhones in Japan fell 10.6 percent in 2015 from the previous year to 14.73 million...
U.S kraft paper shipments decrease 8.5% in 2016
WASHINGTON: U.S. kraft paper shipments in January 2016 were 127.8 thousand short tons, 8.5% lower compared to January 2015, as...
Polish Senate passes draft 2016 budget
WARSAW: Poland’s upper house, the Senate, on Friday passed a draft 2016 budget based on a projections of 3.8 percent...
Finland inflation remains unchanged in Jan
HELSINKI: The year-on-year change in consumer prices calculated by Statistics Finland was 0.0 per cent in January. In December, inflation...
Portugal’s GDP grows 1.5%
LISBON: Portugal’s gross domestic product expanded by 1.5 percent over the course of 2015 whilst putting on 0.2 percent in...
Pakistani traders should make efforts to explore Russian market: Qazi
ISLAMABAD: Russia was a huge market for Pakistani products as it was among top 10 economies of the world with...
Oman spent over Dh57.24m on cancer medicine in 2015
MUSCAT: Oman spent more than 6 million riyals (Dh57.24 million) on cancer medicines in 2015, said Dr Bassim Bin Jaafar...
Dehydrated onion exports rise 30% in new season
WASHINGTON: A fall in onion prices in the domestic market has resulted in dehydrated onion exports rising by 30% at...
Nepal to import 80MW electricity from India
KATHMANDU: Nepal will import up to 80 megawatts of electricity from India beginning tomorrow to ease the ongoing energy crisis...
Romania reduces sunflower exports in 2015/16
LONDON: During first two months of season 2015/16 Romania reduced sunflower exports and crushing. Thus, during the specified period exports...
Iran increases oil exports by 500,000 barrels per day
DUBAI: Iran has increased oil exports by 500,000 barrels per day since international sanctions against Tehran were lifted in January,...
Abu Dhabi to open bio-fuel research facility in March
ABU DHABI: The Sustainable Bioenergy Research Consortium, or SBRC, has announced that its bio-energy research facility at the Masdar Institute...
Australia’s Orica re-launches Minova
CANBERRA: Australian explosives maker Orica (ASX:ORI) said Friday it has completed the restructuring of its Minova group as a stand-alone...
