KARACHI: Expo 2020 Dubai’s must-see aviation attraction is gearing up to open its doors to the public on October 01, 2021. Located in the Opportunity District, and within walking distance of the Al Wasl Dome, the Emirates Pavilion offers a preview for the future of commercial aviation, reframing the role that science and technology will […]
KARACHI: Gerry’s dnata, Pakistan’s leading ground services provider, has been awarded a multi-year contract by Gulf Air, the national carrier of the Kingdom of Bahrain. The partnership will see Gerry’s dnata provide quality and safe ground, passenger and cargo handling services to the airline at six airports in Pakistan, including Karachi, Lahore, Islamabad, Peshawar, Multan […]
Washington, DC: International Monetary Fund (IMF) on Monday started distribution of the largest ever allocation of $650 billion to provide additional liquidity to the global economic system. Ms. Kristalina Georgieva, Managing Director of the IMF made the following statement on Monday: “The largest allocation of Special Drawing Rights (SDRs) in history—about US$650 billion—comes into effect […]
Google is the first big tech company to announce a vaccine requirement for returning to its offices. The decision may push other tech companies to follow with similar moves. Google will now require employees who work in its offices to be fully vaccinated and is pushing back its start date for when they need to […]
New York City Mayor Bill de Blasio has announced to pay $100 for people to get vaccinated against the coronavirus. New Yorkers, who get their first vaccine dose, starting Friday at a city-run vaccination site will get a $100 incentive, the mayor announced Wednesday. News reports quoted De Blasio as saying the $100 will make […]
ISLAMABAD: United Nations Secretary-General António Guterres appointed a distinguished group of 25 tax experts from around the world to serve as members of the United Nations Committee of Experts on International Cooperation in Tax Matters for the 2021 to 2025 term, a statement said on Thursday. Dr. Muhammad Ashfaq Ahmed, Member Inland Revenue (Operations) is […]
KARACHI: Bitcoin has recovered on Wednesday after witnessed a decline below $30,000 a day earlier. The bitcoin on Wednesday bounced back above $34,000 mark to trade as high as $34,367 in early morning trading. It last changed hands at $33,641.27, up 3 per cent on the day, according to CNBC.com Smaller rivals also surged, with […]
LONDON: Bitcoin on Tuesday plunged below $30,000 after a crackdown launched by Chinese central bank. Bitcoin made around 50 per cent losses since it hit an all time high in April this year. The cryptocurrency has suffered several price falls in recent days, having traded above $40,000 just one week ago. The world’s largest cryptocurrency […]
KARACHI: Kristalina Georgieva, Manaing Director, International Monetary Fund (IMF) and Roberto Azevêdo, Director General, World Trade Organization on Friday jointly called for governments to refrain from imposing export and other trade restrictions on key medical supplies and food and to quickly lift those put in place since the start of the year. Statements issued by […]
KARACHI: World trade is expected to fall by between 13 percent and 32 percent in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world, said a statement issued by World Trade Organization (WTO) on Wednesday. The wide range of possibilities for the predicted decline is explained by the unprecedented […]