Business News

  • These tech jobs are most in-demand in the UAE right now

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    [ad_1] Chief technology officers, project managers, software developers and data engineers are in demand, according to recruitment experts. — Heriot Watt/File Dubai is at the forefront of the technological shift that the world is going through right now. With futuristic projects such as the Dubai Creek Tower and Marsa Al Arab, Dubai is set to…

  • Dubai unveils plans to convert old buildings, areas into ‘open museums’

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    [ad_1] Crown Prince Sheikh Hamdan unveils plans to transform Dubai into ‘world’s best city’. — The National News/Visit DubaiFile The Executive Council of Dubai has approved plans to convert the country’s old neighbourhoods and buildings built between 1960’s and 1990’s into “open museum of human heritage”. The restoration is part of the second phase of the…

  • Govt ‘moves’ to end solar net metering policy

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    [ad_1] A man wipes the dust off solar panels he recently installed on the roof of his home in Larkana, in Pakistan’s Sindh province, June 28, 2017. — Reuters ISLAMABAD: The federal government has planned to introduce a “gross metering” policy to replace already in place “solar net metering” which could curtail monetary benefits of…

  • Is US-China trade war sustainable? | The Express Tribune

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    [ad_1] KARACHI: The new tariffs regime on Chinese-made electric cars, solar panels, steel, and other goods, being escalated by US President Joe Biden, could potentially have profound effects on the US economy and its citizens. According to the White House, measures were implemented to safeguard US jobs, though China’s potential reactions to these increases remain…

  • Propelling the ICT sector via imports of IT products | The Express Tribune

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    [ad_1] KARACHI: The information, communication and technology (ICT) sector is often hailed as the engine of export growth amongst all the services sectors. The ICT sector generated $2 billion worth of exports in the first eight months of FY24, which is approximately 15% higher than the amount generated in the first eight months of the…

  • Controversy over net metering financial rules | The Express Tribune

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    [ad_1] ISLAMABAD: Net metering (solar photovoltaic – PV) is a hot topic these days having invited a lot of attention and even controversy. The government wants to change mostly the financial rules, while the net metering users would like to continue with the existing rules. Undoubtedly, attractive incentives have been given in many countries for…

  • FinMin, PBA discuss enhancing banks’ support for key sectors

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    [ad_1] Finance Minister Muhammad Aurangzeb in this undated photo. — APP The Pakistan Banks’ Association (PBA) and Federal Minister for Finance and Revenue Muhammad Aurangzeb on Sunday discussed the ways for enhancing banks’ support for three key sectors, including agriculture, small and medium enterprises (SMEs), and Digital & Technology. The meeting focused on enhancing support…

  • New high speed rail to connect Portugal, Spain in only three hours

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    [ad_1] These two European cities to get connected via a new train line. — New Atlas/File The Portuguese government has approved plans for a new high-speed train line between two of the biggest tourist destinations, Portugal and Spain, Express reported. The capital cities of these two European countries welcome thousands of tourists every year. Currently,…

  • PM forms Punjab-dominated EAC | The Express Tribune

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    [ad_1] Prime Minister Shehbaz Sharif has constituted a new Economic Advisory Council (EAC), dominated by people from Punjab as well as industrialists, and also brought Jahangir Khan Tareen back into power corridors months after his retirement from active politics. The council lacks representation from all provinces and major sectors of the economy and is composed…

  • Oil gains 1% on hopes of firmer demand | The Express Tribune

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    [ad_1] NEW YORK: Oil prices settled about 1% higher on Friday, with global benchmark Brent crude recording its first weekly gain in three weeks, after economic indicators from the world’s top two oil consumers – China and the US – bolstered hopes for higher demand. Brent settled 71 cents, or 0.9%, higher at $83.98 a…