Chennai Port handles above 6,000 cartons of apples
CHENNAI: The Directorate General of Foreign Trade (DGFT) has lifted restriction on apple import through Chennai Port. This move will increase...
QNB net profit rises 7.7% to QR11.3bn, assets surge
DOHA: QNB Group, the region’s largest lender, reported a robust 7.7 percent increase in the net profit for the year...
Trade shocks gather strength to market speculation on breaking GCC’s dollar pegs
DOHA: The continuing large terms-of-trade shock has increased market speculation that the GCC’s US dollar pegs could break going forward....
Kuwait Burgan Bank picks arrangers for KD 100m bond
KUWAIT : Burgan Bank, Kuwait’s third-largest lender by assets, has picked two arrangers for a potential 100 million dinar ($329.4...
Egypt Central Bank sees import rules economy $20 bln in 2016
CAIRO: Egypt’s central bank Governor Tarek Amer said rules to curb what he described as unnecessary imports may save about...
Ukrainian Govt decides to ban imports of food products
KIEV: The Ukrainian government has decided to ban imports of food products, including meat, from Russia. The move is a...
Kuwait police nab indian liquor smuggler
KUWAIT: An Indian expatriate smuggler was arrested in Fahaheel area in possession of 167 bottles of locally manufactured liquor. According...
Surging China-Hong Kong trade raises doubts over recovery
HONG KONG: China exports to Hong Kong rose 10.8 percent from a year earlier for the biggest gain in more...
US polypropylene exports rise by 3%, imports jump 41%
HOUSTON: US November polypropylene (PP) exports edged up about 3% over the same month in 2014 on more shipments to...
EPF to continue investing locally to support Malaysian economy
KUALA LUMPUR: The Employees Provident Fund (EPF) will continue investing internally this year in efforts to support Malaysia's economy. "We...
Pennsylvania police seized illegal drugs worth over $118m in 2015
HARRISBURG: Pennsylvania state police seized more than $118 million in illegal drugs last year and the biggest bulk of it...
India Customs seizes gold bars worth Rs 5.8 million
KOCHI: Gold bars, worth over Rs. 58 lakh, were on Wednesday seized from two passengers who arrived in Kochi from...
U.S police arrest two culprits with meth
MOORHEAD: Narcotics officers seized a pound of methamphetamine and arrested two people early Wednesday in south Moorhead, city police said...
Three drug smugglers nab with 30kg charas
LUCKNOW: Three members of a narcotics smuggling gang were arrested in Rampur and contraband worth Rs 45 lakh was allegedly...
Ireland Customs seizes 2kg cocaine hidden in cosmetic bottles
DUBLIN: Revenue officers seized 2kgs of cocaine, worth approximately €140,000, at Dublin Airport on Monday. Revenue officers stopped and searched...
Dubai authorities seized Dh1 billion worth of counterfeit goods in 2015
DUBAI: The Commercial Compliance & Consumer Protection (CCCP) sector in the Department of Economic Development (DED) in Dubai made remarkable...
U.S Customs seizes a ton of marijuana camouflaged as carrots
PHARR: U.S. Customs and Border Protection Agents got their hands on more than one ton of marijuana camouflaged as carrots....
Turkey moves to expand Customs union with EU
ANKARA: Months after agreeing with Brussels to upgrade a decades-old Customs Union, Ankara has moved towards implementing practical steps that...
Indonesia Customs nabs British with marijuana
JAKARTA: A British man was reportedly arrested on January 9 for carrying three grams of marijuana in his buttocks. Identified...
SL Customs targets Rs 1 trillion record revenue this year
COLOMBO: Sri Lanka Customs (SLC) is expected to collect Rs. 1 trillion as tax revenue for 2016, Director General Chulananda...
