Business News
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Careem introduces mass-commute service | The Express Tribune
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[ad_1] KARACHI: In response to the mounting inflation rates plaguing Pakistan, companies and businesses are increasingly turning to mass-commute services as a viable solution for their transportation needs. Careem, a leading ride-hailing company, has recognised this demand and introduced a tailor-made and cost-effective transportation service, providing companies with customised solutions. In an exclusive interview with…
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Pakistan receives $1bn from UAE after IMF deal: Dar
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[ad_1] Finance Minister Ishaq Dar is addressing the media in this still taken from a video on July 12, Wednesday. — YouTube/GeoNews Pakistan has received $1 billion from the United Arab Emirates (UAE) days after clinching deal with the International Monetary Fund (IMF) on Stand-By Arrangement (SBA), Finance Mnister Ishaq announced on Wednesday. “We have…
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Chinese company beats Elon Musk’s SpaceX
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[ad_1] Representational image. — Landspace Chinese startup LandSpace Technology Corp has defeated Elon Musk-owned SpaceX in the race to launch a methane-fueled rocket, Bloomberg reported. The development has bolstered the Asian nation’s goal of challenging the United States as the dominant power in space, according to the wire service. The Chinese company launched its rocket…
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Majority owners of offshore holding seek direct stake in KE | The Express Tribune
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[ad_1] KARACHI: The majority shareholders of an offshore holding company that owns most of Pakistani power company K-Electric said on Wednesday they have initiated legal proceedings to seek direct ownership of a stake in the utility. The power utility’s holding structure has widely been considered an impediment to its acquisition by China’s state-owned Shanghai Electric,…
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Oil prices up by 2% to 10-week high | The Express Tribune
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[ad_1] NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling US dollar, hopes for higher demand in the developing world and supply cuts by the world’s biggest oil exporters. Brent futures rose $1.51, or 1.9%, to $79.20 a barrel by 1530 GMT. US West Texas Intermediate (WTI)…
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Amazon Prime Day 2023: Get your hands on these amazing deals
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[ad_1] In this file photo taken on May 02, 2018, packed orders move down a conveyor belt at the Amazon fulfilment centre in Aurora, Colorado. — AFP Amazon Prime Day is currently taking place for two days — Tuesday and Wednesday — offering amazing discounts on everything. Buyers, who like saving big on every item, can…
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PSX surpasses 45,000-mark, touches 15-month high
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[ad_1] An investor talks on his phone at the Pakistan Stock Exchange. — AFP/File KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index rallied on Tuesday after positive cues as the cash-strapped nation secured much-needed $2 billion in funds from Saudi Arabia. The market rallied as the index closed the day at 570.67 or 1.28%…
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After Dubai, what’s the next ‘it’ spot for billionaires?
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[ad_1] Termed by some as Las Vegas of the Gulf, Ras Al Khaimah is working to lure wealthy individuals for investments [ad_2] Source link
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What should you avoid doing on Amazon Prime Day 2023?
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[ad_1] The picture shows Amazon logo on a building. — AFP/File Amazon Prime Day for year 2023 is just around the corner, bringing great deals and discounts on many items that are sold by the online retailer. Starting from July 11 (Tuesday) to July 12 (Wednesday), Prime Day will bring amazing deals on everything — from…
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Potential Pak-Russia oil deal runs into hitches | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and Russia are unlikely to strike a long-term oil supply deal as talks between the two sides have run into hitches. Sources told The Express Tribune that Pakistan and Russia had agreed that a special purpose vehicle (SPV) would be set up with the specific task of importing oil from Russia. However,…
