Beijing / Islamabad, 02 April 2023 (APP) The Khunjerab Pass, a major trade route between Pakistan and China was opened after a closure of almost three years in wake of Covid-19 pandemic. The pass that connects Gilgit-Baltistan with China’s Xinjiang Uyghur Autonomous region was closed in the year 2020 after spread of Covid-19 outbreak. According...

Shenzhen, China, March 31, 2023 Huawei year 2022 report reveals  company's operation as steady, sustainable survival and development during the whole year. Huawei generated USD 92.37 billion in revenue and USD 5.12 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of USD 23.22 billion in 2022, representing 25.1%...

Islamabad, 27 March 2023 (APP) Prime Minister Shehbaz Sharif Monday said immense opportunities existed for investment in mining, information technology, energy, communication and infrastructure sectors in Pakistan and the government was taking measures to provide all possible facilities to investors. The prime minister was talking to a delegation of Barrick Riko Diq Mining Company led...

Doha, 09 March 2023 Bangladesh Prime Minister Sheikh Wazed Hasina has stressed on the need of forming joint business forum between Bangladesh and Qatar for mutual economic benefits. She was addressing at Bangladesh investment summit titled "The Rise of Bengal Tiger: Trade & Investment potentials in Bangladesh held recently at Hotel Ritz Carlton Doha organised...

Karachi, 20 Feb. 2023 (Daily Dawn, Karachi) Pakistan must ensure that its high earners pay taxes and only the poor get the subsidies if it wants to function as a country, the International Mone­­tary Fund’s (IMF) managing director has said. “My heart goes to the people of Pakistan. They have been devastated by the floods...

Doha, 12 Feb 2023 (GECF) The Gas Exporting Countries Forum (GECF) launched recently the latest edition of its annual Global Gas Outlook 2050 (Outlook), in the presence of the 2023 President of the GECF, HE Gabriel M. Obiang Lima, Minister of Mines and Hydrocarbons, Republic of Equatorial Guinea. The key findings show that by 2050:...

Dubai, 10 Jan. 2023 (Reuters) Qatar's stock market is set to welcome its first initial public offering (IPO) in almost three years in a test of new regulations that Doha has introduced, hoping to compete with more active exchanges in the region. IT services firm MEEZA could raise up to 911 million riyals ($249 million)...

Doha, 08 Jan. 2023 QatarEnergy announced the Final Investment Decision (FID) with Chevron Phillips Chemical Company LLC (CPChem) to build the Ras Laffan Petrochemicals complex - a $6 billion integrated olefins and polyethylene facility at Ras Laffan Industrial City. The announcement was made in Doha in a special ceremony during which Saad Sherida Al-Kaabi, Minister...

Ankara, 27 Dec. 2022 (Anadolu News) Türkiye on Tuesday revised up the amount of recoverable reserves in a gas field off its Black Sea coast, adding its latest discovery of 58 billion cubic meters. In a press briefing on the new natural gas reserves discovered in the offshore Sakarya field, Energy and Natural Resources Minister...

Ankara, 16 Dec. 2022 (Anadolu) With its initiatives in the energy sector, Türkiye aims to become a global hub for determining natural gas reference prices, the country's president said on Friday. "Our aim is to transform our country into a global center where the natural gas reference price is determined as soon as possible," Recep...