Economy

Qatar: QFC And ILO Collaborate To Promote Decent Labour Standards In The Supply Chain

06/04/2023

Doha, 06 April 2023 The Employment Standards Office (ESO) of theQatar Financial Centre (QFC), a leading onshore financial and business centre in the region, partnered with the International Labour Organization (ILO) Project Office in Qatar to organise a roundtable on promoting decent labour standards in the supply chain through prudent procurement practices. The roundtable featured...

Pak-China Trade Resumes After Three Years; Khunjerab Pass Opened Today

02/04/2023

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...

Huawei Reports 2022 Year As Steady Operations, Sustainable Survival & Developmentl

01/04/2023

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%...

Pakistan: Immense Opportunities For Investors In Diverse Sectors Of Pakistan: PM Shahbaz Sharif

27/03/2023

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...

Bangladesh PM Stressed On Forming Joint Business Forum

09/03/2023

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...

'Tax The Rich, Subsidise The Poor, IMF Asks Pakistan; Landlords and Industrialists In 'Trouble'

20/02/2023

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: 7th Edition GECF Global Gas Outlook 2050 Launched

14/02/2023

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:...

After World Cup, Qatar Sets Sight On Reviving Its Stock Market

10/01/2023

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)...

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