It indicates that this year is now likely to surpass 2015 as the deadliest for Palestinians in the West Bank. Most of them were killed by gunfire by Israeli security personnel, and a few others by armed Israeli citizens. The statistics show that roughly a fifth of the Palestinians slain were youngsters, with the youngest … Read more
ISLAMABAD: Special Assistant to the Prime Minister on Youth Affairs Muhammad Usman Dar on Tuesday said under the federal government’s Kamyab Jawan Programme (KJP), Rs10 billion would be distributed among youth of Sindh this year, enabling them to commence own businesses. This he said stated during a media talk in Karachi. Leader of the Opposition … Read more
FAISLABAD: Minister of State for Information and Broadcasting Farrukh Habib on Sunday said tax revenue had increased by 40 per cent this year compared to the last year, while income tax had also increased. “The government is going to introduce reforms in the Federal Board of Revenue (FBR),” Farrukh Habib said talking to media persons … Read more
RIYADH: Russian oil firm Rosneft has reported an increase in net income for the third quarter this year by 35 per cent, to 314 billion rubles ($4.3 billion), Arab News reported. The company’s earnings before interest, taxes, depreciation, and amortisation increased by 11.7 per cent to 638 billion roubles ($8.8 billion) in the third quarter, compared with … Read more
Qatar recorded a budget surplus of 900 million riyals ($247 million) for the third quarter of this year, Arab News quoted the data released by the country’s Ministry of Finance. The total revenue for the quarter grew by a yearly rate of 20.6 per cent to reach 47 billion riyals. Oil and gas revenue accounted for 87.7 … Read more
KARACHI: Focal Person of the Finance Ministry Muzzammil Aslam has claimed that the country would produce surplus sugar this year. “The crushing of sugarcane begins from October 15 in Sindh but it has not been started so far,” he said blaming the provincial government for the delay in crushing which allegedly created the fresh sugar … Read more
FRANKFURT: German national carrier Lufthansa said on Wednesday that it was back in the black in the third quarter of this year, for the first time since the start of the coronavirus pandemic, as restrictions are lifted and air travel takes off again. “With rising demand for business travel and a record result of Lufthansa Cargo, … Read more
RIYADH: Saudi Arabia’s public debt increased SR25.5 billion ($6.8 billion) in the third quarter of this year, reflecting a growth rate over the period of 2.8 per cent, Arab News reported. The total debt now stands at SR948.3 billion, the recent quarterly budget performance report revealed. The increase was almost solely due to the growth in domestic … Read more
ISLAMABAD: The talks on further progress on the proposed Preferential Trade Agreement (PTA) between Pakistan and Vietnam are likely to take place in the middle of November this year, a diplomat said. Vietnam’s Ambassador to Pakistan Nguyen Tien Phong said that the bilateral talks on the proposed PTA would be held under the framework of … Read more
CAIRO: Economic research firm Capital Economics expects the Saudi economy to grow 2.5 per cent this year and by an impressive 7.3 per cent in 2022, Arab News reported. When compared to the firm’s pre-pandemic estimates, the country’s GDP would be about 3 per cent higher by the end of 2023. William Jackson, Chief Emerging Market Economist … Read more
The 25hours Hotel One Central in Dubai has announced that it will open its doors before the end of the year. The resort aims to make a visit one to remember by transferring guests to an adrenaline playground that feels almost like home. It is a lively and bright facility with a delightfully inviting vibe. … Read more
