A container is loaded on to a container ship in Gwadar, Pakistan. Reuters
Indonesia’s economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum. Southeast Asia’s largest economy grew 5.07 per cent in January-March from a year earlier,
The government of Pakistan set an import target of more than $53.66 billion for the next fiscal year whereas petroleum group was set with the highest import target of more than $15 billion.
Japan’s economy contracted slightly in the first quarter as corporate and consumer spending weakened, a Reuters poll showed on Friday. Exports also deteriorated amid trade disputes and weaker global demand, hurting the trade-reliant economy. Gross domestic product (GDP) is expected to have fallen 0.2% in January-March on an annualised basis,
The Department of Tourism and Commerce Marketing (Dubai Tourism) has provided a positive outlook of the industry at a meeting held with key stakeholders and partners and highlighted the robust new safety
The Invest bank reduced its losses by 38 per cent to Dhs356.3 million by the end of 2020, compared to losses of Dhs579.4 million during the same period in 2019.
The UAE is all set to have its first AI driver evaluation hub using the latest technology that will enable a data-based driver evaluation enhancing the existing procedures with a much deeper, biometric, insight into the drivers’ behaviour.