Economy

2023 Global Trade in Services Summit CIFTIS Held in Beijing

02/09/2023

Beijing, 02 Sept. 2023 (Xinhua News) China on Saturday pledged to advance the opening-up of its service sector, a resolute move to unleash growth potential and share business opportunities with countries and enterprises worldwide. Chinese President Xi Jinping announced a series of measures for expanding the opening up of services sector while addressing the Global...

Iran Opens Last Phase of World’s Largest Offshore Gas Field

28/08/2023

Bushehr, Iran (IRNA) The gas production has begun at Iran’s Phase 11 of South Pars, the world’s largest gas field. The inauguration ceremony was held in the southern city of Asaluyeh on Monday with Iranian President Ebrahim Raisi in attendance, according to the IRNA. The strategic project comprises the drilling and completion of 12 wells...

Growing Number of Adherents to BRICS Common Currency Idea May Shake Dollar's Throne

22/08/2023

Istanbul, 23 Aug. 2023 (Anadolu News) Receiving 22 membership applications, the BRICS group of emerging economies is expected to create a new common currency that will be able to challenge the US dollar's global reserve status. Gathering on Tuesday in Johannesburg, South Africa, the BRICS countries -- Brazil, Russia, India, China and South Africa --...

Saudi Crown Prince Receives Iranian Foreign Minister

18/08/2023

Jeddah, August 18, 2023 (SPA) Crown Prince and Prime Minister of Saudi Arabia. Mohammed bin Salman bin Abdulaziz Al Saud, received today in Jeddah the Iranian Foreign Minister Hossein Amir-Abdollahian. The Iranian Foreign Minister conveyed the greetings and appreciation of the Iranian President Ebrahim Raisi to the Custodian of the Two Holy Mosques, King Salman...

Xiplomacy: How An Economic Corridor Has Changed Lives in Pakistan

04/08/2023

Beijing/Islamabad, 01 August 2023 (Xinhua) When the China-Pakistan Economic Corridor (CPEC) was launched in 2013, Moaaz Awan, a student at the time, hardly anticipated the tremendous change to come. In 2013, the CPEC, under the broader Belt and Road Initiative (BRI), was no more than a line segment on the map from China's Kashgar in...

Doha : Call For GECF 2nd Awards Nominations

01/08/2023

Doha, Qatar, 01 August 2023 The Gas Exporting Countries Forum (GECF) has announced the opening of the nomination period for the second edition of the GECF Awards. The nomination period begins on 1st August 2023 and will run until 31 October 2023. Eng. Mohamed Hamel, Secretary General of the GECF said on the occasion that 'These prestigious...

China, Pakistan Celebrate 10th Anniversary Of CPEC, Signs 6 MoU-Agreements

31/07/2023

Islamabad, 31 July 2023 (APP) Pakistan and China on Monday, expressing satisfaction at the steady development of CPEC projects in Pakistan, agreed on its centrality for Pakistan’s socio-economic development. Both the countries on Monday signed six documents at a ceremony held in Prime Minister House witnessed by Prime Minister Shehbaz and Chinese Vice-Premier He Lifeng...

Pakistan's Planning Minister Highlights CPEC Achievements, Deputy Prime Minister of China To Attend CPEC 10 Years of Celebrations

30/07/2023

Islamabad, 30 July 2023 (APP) Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Sunday highlighted milestone achievements made under China-Pakistan Economic Corridor (CPEC) during the last 10 years and the deepening relations between the two countries also known as “Iron Brothers” with each passing day. Addressing a news conference here ahead of...

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