Saudi Aramco building global gas business to cut carbon footprint

DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in...

Uber buys rival Middle Eastern Careem for $3.1bn

Uber will pay $1.4bn in cash and $1.7bn in convertible notes in a deal that gives it full ownership of Careem ...

Mobile internet service restored in Bajaur

BAJAUR: Mobile internet service was formally restored in Bajaur district on Monday. According to details, mobile internet facility, 2-G and 3-G were restored in...

Nike fined €12.5m for blocking cross-border sales of soccer merchandise

'Nike's illegal practices occurred between 2004 to 2017 and related to licensed merchandise for FC Barcelona, Man United, Juventus, Inter Milan,...

SBP report stresses investments in human capital, technology

'Monetary tightening along with exchange rate adjustments, reduction in development expenditures of federal govt and regulatory measures helped contain domestic demand' KARACHI: The...

Export of transport services falls 25.4pc in seven months FY19

ISLAMABAD: The export of various transport services generated a revenue of $425.639 million during the first seven months of the current fiscal year...

Qatar’s $434m desert rose museum finally blooms

DOHA: Almost a decade in the making, three years late and at an estimated cost of $434 million, Qatar's vast national museum,...

Suzuki Gixxer 150 launched in Pakistan

Pak Suzuki official says the premium category motorbike, designed on Moto GP style, is for people who are ‘young at heart’ KARACHI:...

PIA approves new policy for cabin crew  

The Pakistan International Airline (PIA) has approved a new policy for ground jobs of cabin crew, a private media outlet reported on...

Underutilisation of PGPC’s LNG terminal may cost govt $40m in 2019

ISLAMABAD: Pakistan LNG Terminal Limited (PLTL) has said that the gas consumers would have to pay an additional amount of approximately $40 million...

Italy endorses China’s Belt and Road plan in first for a G7 nation

ROME: Italy endorsed China’s “Belt and Road” infrastructure project on Saturday, the first Group of Seven (G7) industrialized power to do so, as...

Cement exports rise 52pc in eight months FY19

KARACHI: Cement exports during the first eight months of the current fiscal year (from July 2018 to Feb 2019) registered a growth of...

Apple’s Tim Cook urges China to keep opening its economy

BEIJING: Apple chief executive Tim Cook on Saturday urged China to keep opening up its economy as local rivals bit into the profits...

India’s Jet grounds seven more planes amid shutdown fears

The Mumbai-based airline has now been left with just a quarter of its fleet of 119 aircraft in operation NEW DELHI: India's debt-laden...

Proton officially enters Pakistani car market

ISLAMABAD: The joint venture between Malaysia's Proton and Pakistan's Al-Haj Group has been the centrepiece among a series of agreements signed between Pakistan...