Saudi to sell $5.3bn worth currency bond issue next week
RIYADH: Saudi Arabia's government contacted local banks on Monday to sell them local currency bonds worth SR20 billion riyals ($5.3...
Top Glove Corp reports 164% jump in net profit
PETALING JAYA: Top Glove Corp Bhd reported a 164% jump in its net profit to RM128.34mil in the first quarter...
Pak rupee loses value gains dollar in open market
KARACHI: The Pakistani rupee Wednesday continued to depreciate against the US dollar in open market, however it remained firm in...
Saudi Arabia’s index fall 1.2% to a three-year low of 6,686pts
RIYADH: Saudi Arabia's bourse slid in the last hour of trade on Monday to end lower for a third session...
Customs Dy Superintendent punished over inefficiency
ISLAMABAD: Muhammad Nizamuddin, Deputy Superintendent (BS-16), Model Customs Collectorate, Peshawar, has been punished over inefficiency. As per details, the disciplinary...
Customs Inspector Sardar Miran acquitted
ISLAMABAD: Amir Sardar Miran, Inspector (BS-16), Model Customs Collectorate, Sialkot, has been acquitted after charges levelled against him were not...
Qatar food market stands at $1.3bn in 2014
DOHA: Qatar food services market stood at $1.3bn in 2014 whereas the GCC market was valued at $18.8bn. In a...
UEM Edgenta Bhd acquires 80% stake in integrated facilities
PETALING JAYA: UEM Edgenta Bhd is acquiring an 80% stake in integrated facilities management services company KFM Holdings Bhd for...
Qatar economy forecasts to touch 5.1% in 2015-17
DOHA: Qatar’s growth is forecast to average 5.1 percent during 2015-17, boosted by output against the gas sector and public...
Oman crude oil production up 3% to 29.87m barrels in Nov
MUSCAT: Oman’s crude oil production rose 3.05 per cent or by 995,708 barrels per day to 29.87 million barrels in...
UAE, China bilateral trade crosses Dh500b trillion threshold in 4 years: Dubai Customs
DUBAI: The bilateral trade relations between United Arab Emirates and China are seeing more growth and prosperity as leaders of...
Royal Oman police foil attempt to smuggle 1,495 bundles of Khat
MUSCAT: Royal Oman Police (ROP) officers in Dhofar foiled an attempt to smuggle 1,495 bundles of the (Khat) drug, which...
Tax revenue from coal production in Australian Queensland forecast to rise
CANBERRA: Tax revenue from coal production in the Australian state of Queensland is forecast to rise to A$1.93 billion ($1.4...
Assist Commissioner-IR Fawad’s performance allowance restored
ISLAMABAD: The performance allowance in respect of Fawad Ali Khan, a BS-17 officer of Inland Revenue Service, has been restored....
Customs Superintendent to retire next year
ISLAMABAD: Muhammad Iqbal, a BS-16 officer of Customs Department, is going to retire from the government service on attaining the...
Nepal garment imports drop 9.5% to Rs4.1b in first 4 months
KATHMANDU: Nepal’s garment manufacturers have been cheered by the duty-free access granted by the US recently, but they are having...
Kuwait police nab Asian liquor smuggler
KUWAIT CITY: An Indian taxi driver was arrested in Mangaf for smuggling 94 bottles of local liquor in his possession,...
GSK Australia opens new $8 mln pilot vaccine facility
CANBERRA: GSK Australia has opened a new $8 million pilot vaccine facility which could boost the country’s pharmaceutical exports. Geoff McDonald,...
Indian Ford to export cars from Kandla Port
AHMEDABAD: American car maker Ford has firmed up plans to use the cost-effective sea route to reach out to the...
Kenya’s shilling flat on expected US rate hike
NAIROBI: Kenya's shilling was little changed against the dollar on Wednesday, with traders looking for direction from an expected rate...
