Israeli, Turkish energy firms sign gas deal worth $1.3 bln
ANKARA: Israeli and Turkish energy firms signed an agreement on Sunday to sell $1.3 billion worth of gas to Edeltech,...
Rwanda to raise exports by 28% annually
KIGALI: The government is setting up an export credit and insurance facility aimed at improving Rwanda’s trade competitiveness in the...
Japan Post Bank plans to start in-house stock investments in 2016
TOKYO: Japan Post Bank plans to start in-house investments in stocks in the second half of 2016, according to Katsunori...
$2b project: Timeline for construction of 1,100km gas pipeline to be finalised by March
ISLAMABAD: The timeline of work on 1,100-kilometre gas pipeline from Karachi to Lahore worth $2 billion will be finalised by...
Shipping intelligence report of KPT
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
Egypt’s NBE bank sells $2.5 bln in 3 months to cover imports
CAIRO: Egypt's biggest lender, the state-owned National Bank of Egypt, provided more than $2.5 billion to cover import payments in...
Norway’s largest bank calls for total end to cash
OSLO: Norway’s largest bank, DNB, has said that cash has fallen out of favour with everyday Norwegians and is instead...
Discount supermarket chain Rema 1000 announces 130 new stores
COPENHAGEN: The Norwegian discount supermarket chain Rema 1000 is stepping up the competition with its main rival Netto by announcing...
Japan’s fresh fruit imports lead bananas
TOKYO: Japan’s Ministry of Finance has released official import statistics for 2015, with bananas, pineapples and grapefruit leading fruit imports...
Car sales at seven-year high in Spain
MADRID: Car sales at seven-year high in Spain, the association of Spanish car producers (ANFAC) confirmed that 2015 was the...
Australian thermal coal exports to China fall 30% in 2015
CANBERRA: Chinese thermal coal imports tumbled last year, mirroring the decline seen in coking coal imports over the same time...
Punjab govt to give 2m free saplings to olive growers
RAWALPINDI: The Punjab government, under its five-year (2015-2020) plan, has announced to give two million free of cost olive saplings...
Iran container ships set for EU sailings after 5 years
TEHRAN: Iran’s biggest shipping line hopes to start calling again at European ports, with plans for a bi-weekly service connecting...
Port of Hamburg: New strategy for Germany’s ports – Federal cabinet endorses new National Port Concept
BERLIN: German ports face fresh challenges: Cargo handling growth, tougher competition, stiffer demands on environmental protection and security. To enable...
Macau’s gold jewelry imports fall 31.2% YOY
WASHINGTON: Macau’s gold jewelry imports fell 31.2 percent year-on-year to 7.04 billion patacas in 2015, the Statistics and Census Bureau...
Shanghai Customs seizes 2,000 turtles from smugglers
SHANGHAI: The Shanghai customs on Jan. 27 said more than 2,000 turtles had been intercepted from smugglers, which include some...
Iran establishes first brain bank
TEHRAN: Iran has established its first brain bank at Iran University of Medical Sciences, in Tehran, to promote research on...
US attacks EU tax probes as unfair
BRUSSELS: The United States has attacked high-profile EU tax probes into American companies as unfair and encroaching on the US...
China’s Jan. CPI expected to grow faster
BEIJING: China's Consumer Price Index (CPI), a main gauge of inflation, is expected to grow faster in January due to...
China’s non-manufacturing PMI slips to 53.5 in January
BEIJING: China's service sector activity slackened off in January, a monthly survey showed Monday. The purchasing managers' index (PMI) for...
