Tue, 21-Oct-2025

Saudi Fashion Professional Association to be launched before New Year: president

Saudi Fashion

JEDDAH: The first Saudi Fashion Professional Association under the Ministry of Culture will be announced before the New Year, Arab News quoted its president, as saying. The association will consist of intellectuals and artists in Saudi Arabia to provide opportunities for professionals in the fashion sector. It will help professionals to “develop their skills, build their initiatives, … Read more

Saudi Cruise, Tourism Ministry to train 140 local tourist guides

Saudi Cruise

RIYADH: Some 140 local tour guides will be trained to boost Saudi Arabia’s tourism sector, it has been announced. This comes as part of the agreement signed between the Public Investment Fund’s Cruise Saudi and the Ministry of Tourism, Saudi Press Agency reported. The deal will see the two organisations working together in areas of development and … Read more

Railways minister inaugurates special ‘Christmas Peace Pray Train’

ISLAMABAD: Federal Minister for Railways Muhammad Azam Khan Swati has inaugurated the ‘Christmas Peace Pray Train’ as part of Christmas celebrations. The minister also cut a Christmas cake and greeted the Christian community during a ceremony in Lahore. Read more: Queen cancels Christmas lunch following surge in Omicron cases Talking to the media, he said that … Read more

Saudi industry, finance ministries prepare mining fund rules

Saudi industry

RIYADH: The Saudi Ministry of Industry said work is under way with the Ministry of Finance to prepare regulations for a mining fund to support the objectives of the comprehensive strategy for the mining industries, Arab News reported. The main objective of establishing the fund is to find sustainable sources of funding to develop and support mining … Read more

BOL NEWS BUSINESS DIGEST: December 18, 2021

BOL NEWS BUSINESS

IsDB to provide $180m loan for hydropower projects ISLAMABAD: The Islamic Development Bank (IsDB) to approve $180 million loan for the Mohmand Dam and other hydropower projects, official of the IsDB said. –HAMZA HABIB Read more ECC approves Rs106.1 billion for Ehsaas subsidy programme ISLAMABAD: The government has approved Rs106.1 billion Ehsaas Targeted Commodity Subsidy … Read more

US Dollar rate in Pakistan on, 18th December 2021

USD to PKR - Dollar rate in Pakistan

KARACHI: The average customer rates of buying and selling of US dollar (USD) against Pakistani rupee (PKR) are Rs178.15 and Rs179.44 at 9:22 am PST on December 18, 2021. The exchange rate is based on the average buying and selling of foreign currency by various exchange companies in the open market. USD TO PKR Open … Read more

Gold Rate in Karachi on, 18th December 2021

Gold rate in Pakistan

Gold Rate in Pakistan today on 18 December 2021 is being sold for Rs.107,253 per 10 grams, and the price of Gold is Rs.125,100 per tola in Pakistan today. Karachi is the main hub of the gold market, in Pakistan, Karachi is leading for the gold price, every city follows Karachi Sarafa Bazar Association for … Read more

Gold Rate in UAE today on, 18th December 2021

Gold Rate in UAE

Dubai: Today Gold Rates in Dubai (18th December, 2021) 24 Carat is AED 218.00 while 22k Carat stands at AED 204.75. Rate in Abu Dhabi Today.  The gold rate (22 karat/gramme) decreases to AED204.75 from previous day’s AED205.50. The rate of 24 karat/gramme depreciates to AED218.00 from previous day’s AED219.00. Gold Rate in Dubai today These rates … Read more

JPMorgan fined $200 mn for recordkeeping violations

NEW YORK – JPMorgan Chase was hit with $200 million in fines after admitting to “widespread” recordkeeping violations including use of unapproved messaging apps and failing to preserve communications, US regulators announced Friday. “From at least January 2018 through at least November 2020, JPMorgan employees often communicated about securities business matters on their personal devices, using text … Read more

British hospitality businesses reel from Omicron surge

Omicron wave

LONDON- Britain’s pandemic-weary hospitality businesses have taken a fresh hit from soaring coronavirus cases fueled by the Omicron variant, as anxious customers curtail socialising and cancel bookings over the Christmas period. Pubs, restaurants and bars — already struggling after nearly two years of reduced revenues due to the pandemic — now face lost income at typically … Read more

Kenya’s tourist arrivals up 40 pct in first ten months

NAIROBI — Kenya’s tourist arrivals increased by 40.8 percent to 663,036 in the first ten months to October compared to 470,971 arrivals in the same period in 2020, government data has shown. The Kenya Tourism Board (KTB) in a statement issued in the Kenyan capital, Nairobi on Friday said that the United States market recorded … Read more

Germany’s producer prices rise at highest rate in 70 years

UK inflation

BERLIN — Germany’s producer prices of industrial products in November rose by 19.2 percent compared with the same month last year, the highest year-on-year increase since November 1951, the Federal Statistical Office (Destatis) said on Friday. Rising by 49.4 percent year-on-year, energy prices were “mainly responsible” for the high annual increase in producer prices, Destatis … Read more

India’s construction company fined for violating ban over Delhi air pollution

NEW DELHI — A leading construction company in India was on Friday for Delhi air pollution and got a fine of 10 million Indian Rupees (around 131,600 U.S. dollars) for carrying out construction activities in defiance of a ban over air pollution in the capital. The NBCC company is one of India’s leading construction companies, … Read more

Botswana to vaccinate adolescents against COVID-19 in early 2022

Botswana to vaccinate adolescents against COVID-19 in early 2022

GABORONE, Dec. 17 (Xinhua) — Botswana plans to start rolling out COVID-19 vaccinations for adolescents aged between 12 and 17 years early next year, an official said Friday. “We want Batswana and residents of Botswana to know that fourth wave of the COVID-19 pandemic, driven by rising Omicron variant, has begun knocking on our door,” … Read more

Germany’s Bundesbank raises GDP growth forecast for 2022

FRANKFURT– The German economy will gain growth momentum over the next two years and gross domestic product (GDP) will increase by 4.2 percent in 2022 and by 3.2 percent in 2023, the country’s central bank (Bundesbank) said in its projections published on Friday. Due to the COVID-19-related restrictions and supply bottlenecks, the Bundesbank expects stalled … Read more

Cases of COVID-19 Omicron variant climb to 134 in Israel

Covid

JERUSALEM, Dec. 17 (Xinhua) — Israel on Friday reported 45 new cases of the Omicron COVID-19 variant, raising the total Omicron cases in the country to 134, said the Israeli Ministry of Health. The ministry said that 86 of the infected are returning passengers from South Africa, Britain, France, the United States, the United Arab … Read more

Shiba Inu Price Prediction:  Analysis and Forecast for 2022, 2023, 2024, 2025

Shiba Inu (SHIB) is a token inside the Shiba Inu ecosystem. This decentralized meme token was shaped in August 2020 by Ryoshi. The Shiba Inu coin hit the cryptocurrency market, it has been associated with the DOGE coin. Shiba Inu Price Prediction for the End of 2021 Shiba Inu prediction for December 2021 is that the … Read more

Denmark shuts down more cultural life as daily COVID-19 infections pass 10,000

Denmark shuts down more cultural life as daily COVID-19 infections pass 10,000

COPENHAGEN, Dec. 17 (Xinhua) — After the fifth day in a row of record numbers of COVID infections, on Friday the Danish government announced it would implement restrictions on social contact. With 11,194 infections in Denmark in the last 24 hours, the Parliament’s Epidemics Committee confirmed that new restrictions will enter into force from 8 … Read more

Prices of food items fall: PBS

World food prices

ISLAMABAD: The prices of food items went down during the week in comparison with the previous week, according to the Pakistan Bureau of Statistics (PBS) data released on Friday. The food commodities that observed a reduction in prices on a week-on-week (WoW) basis included potatoes and tomatoes, the prices of which declined 15.52 per cent … Read more