JEDDAH: Shipping costs have increased 700 per cent as a result of the pandemic, according to the CEO of the Saudi National Industrialisation Co, Arab News reported. Container plants in China stopped their production during the pandemic, which led to an increase in the container rental price from $800 to$1,200 to $7,500 to $8,500. The long-term shipping … Read more
CAIRO: Chinese electronics manufacturer Hisense has expanded its footprint in the B2B sector in the Middle East, a statement revealed. It focused on intelligent Smart City solutions, interactive displays and 138-inch all-in-one business solution screens during its participation in the GITEX Technology Week 2021. “The introduction of our B2B expansion marks an exciting milestone in … Read more
KARACHI: The Arif Habib Limited (AHL) earned the highest-ever net profit of Rs2.084 billion for the year ended June 30, 2021, a bourse filing said on Monday. The company also declared a final cash dividend of Rs10/share and the bonus of 10 per cent, i.e., 10 shares for every 100 shares held for 2021, it … Read more
