‘Silk Road’ train makes its first journey from Britain to China
The first-ever freight train from Britain to China started its mammoth journey on Monday along a modern-day “Silk Road” trade route as...
China’s Xiaohong likely to replace Liepach as ADB country director to Pak
The Asian Development Bank (ADB) has nominated China’s Xiaohong Yang as the country director to Pakistan, media sources have reported. The step...
Iranian airline signs $3bn deal for 30 Boeing jets
US plane maker Boeing said Tuesday that Iran’s Aseman Airlines had agreed to buy 30 737 MAX jets for $3b in its...
China launches seven FTZs to boost Belt and Road Initiative
China on Saturday launched seven more Free Trade Zones (FTZs) including several in inland areas for the first time, a move which...
China manufacturing grows modestly in March: Caixin
BEIJING: China's manufacturing activity expanded slightly in March, independent figures showed Saturday, suggesting steady but slowing growth in the world's second-largest economy.
The...
Middle East’s leather trade show to be held in Dubai
The world's leading manufacturers and suppliers are preparing for the Middle East's only dedicated trade show covering the entire value chain of...
Amazon closes deal to acquire Souq.com & Payfort
One of the largest global retailers Amazon has confirmed that it has acquired Souq.com- Middle East’s largest e-commerce chain. The price of...
ICSID accepts Pakistan’s evidence in Reko Diq mining contract, claims AG
Attorney General of Pakistan, Ashtar Ausaf has claimed that the International Centre for Settlement of Investment Disputes (ICSID) has accepted Pakistan’s evidence...
PM calls for full utilisation of FTA between Pakistan, Sri Lanka
Prime Minister Nawaz Sharif has said that Pakistan and Sri Lanka need to fully capitalise on the Free-Trade Agreement (FTA) signed between...
World’s First Hydrogen-Powered Passenger carries out first successful test run
The Corada iLint, a zero-emissions train that runs on just steam and condensed water has successfully completed its first test run in Germany, media...
American Airlines to buy stake in China Southern
American Airlines is in advanced talks to buy a $200m stake in Asia´s biggest airline China Southern, reports said Thursday, as it...
Dubai Duty Free expects $2m sales hit from electronics ban
Dubai International Airport’s duty-free operator estimates that it will lose about $2 million (Dh7.34 million) in sales this year from the ban...
PIA aims to make use of electronics ban on US, UK-bound flights
In a Twitter post, the national airline apprised potential passengers about being unaffected by the recent ban on carrying large electronic devices...
Pakistan and Iran to reopen banking channels
State Bank of Pakistan (SBP) and the Central Bank of Iran (CBI) are expected to sign an agreement in the next week...
MoU signed between PAEC and China Power
Pakistan Atomic Energy Commission (PAEC) and China Power International Holding Ltd (CPIH) has signed a memorandum of understanding (MoU) for cooperation and...