Doha 28 May 2017 In its drive to promote local companies, from across diverse sectors, in regional and global markets, Qatar Development Bank (QDB) participated along with 9 Qatari design companies at the INDEX Design Series, held in Dubai, United Arab Emirates, from 22 to 25 May 2017. INDEX Design Series is considered as the...

Islamabad 27 May 2017 (APP) Following are the highlights of Pakistan Finance Minister Ishaq Dar’s post budget press conference: • One million youth will be imparted IT training. • Rs 120 billion new taxation proposed, while relief measures will cost Rs 33 billion. • Refund for textile sector will be cleared by August 14. •...

Islamabad 26 May 2017 (APP) Finance minister Ishaq Dar Friday, lauding the contributions made by expatriate Pakistanis, announced that the government wanted them to invest in the national infrastructure and in that connection, US$ 1 billion non-convertible bond would be issued. The proposed bond would be floated through establishment of Pakistan Development Fund, he said....

Moscow 25 May 2017 (PNA) Philippine business delegations here were able to bag around USD 875 million (appx. PHP 44 billion) worth of business-to-business (B2B) deals, Trade Secretary Ramon Lopez said Thursday. “A number would be in the areas of iron and steel, transport, agri-business, multi-purpose vehicles, power, energy, property development, transport and construction,” Lopez...

Doha 20 May 2017 Doha Bank, one of the largest commercial banks in Qatar, recently hosted its annual Long-Service Awards at its Head Office in West Bay. The awards recognized Doha Bank employees who had reached service milestones of 10, 15, 20, 25 or 35 years. Addressing the honorees during the ceremony, Sheikh Abdul Rahman...

May 20, 2017 The Washington Times President Trump and King Salman signed a series of agreements Saturday that cement ties between their two countries, including a nearly $110 billion deal to sell U.S. arms to Saudi Arabia. The deal for defense equipment and services are aimed at helping Saudi Arabia and the Gulf region fend...

Beijing 15 May 2017 (Xinhua) President Xi Jinping on Monday called on China and the Philippines to step up communication on major issues concerning bilateral ties, in order to lead their relations toward healthy and stable development. In his meeting with Philippine President Rodrigo Duterte, Xi said the Philippines is a friendly neighbor of China...

Beijing 15 May 2017 (China Daily) China and Pakistan have agreed to jointly upgrade the 1,600-kilometer railway linking Southern and Northern Pakistan as part of a move to push forward construction of the China-Pakistan Economic Corridor (CPEC). “China and Pakistan have signed memorandums of understanding to increase the speed of the railway connecting Karachi and...

Hangzhou 16 May 2017 (APP) Pakistan signed today a Memorandum of Understanding (MOU) with Alibaba Group Holdings Limited to promote country’s worldwide exports by Small and Medium Enterprises through e-commerce. The agreement between Alibaba and Trade Development Authority of Pakistan was signed by Commerce Minister Khurram Dastgir and Michael Evans, President of Alibaba Group, and...

Doha 14 May 2017 (QNA) Dr. Mohammed bin Saleh Al-Sada, Minister of Energy and Industry has underlined that the economic factor as most significant for commitment of countries to the Convention on Climate Change. Speaking in the second plenary session of the 17th Doha Forum under the theme 'Global Trends & Challenges for Economic Development...