Ahsan Iqbal and Yao Jing during the launch ceremony of CPEC long-term cooperation plan in Islamabad. File/Reuters
China on Friday said it was wrong to accuse it of sheltering terrorists because it put a technical hold on the resolution to blacklist Pakistan-based Jaish-e-Mohammad (JeM) terror group chief Masood Azhar as its decision was in line with the rules of an anti-terrorism panel at the UN.
US Treasury Secretary Steven Mnuchin said on Friday he had a “productive working dinner” the previous night in Beijing, kicking off a day of talks aimed at resolving the bitter trade dispute
Chinese President Xi Jinping has called for the “early conclusion of negotiations” on the text of a trade deal with the United States, state media reported on Friday.
Jebel Ali Free Zone (Jafza), the Middle East’s leading special economic zone and key growth engine of Dubai’s economy, has announced it will waive an estimated Dhs35 million in fines owed by its customers, in commemoration of the UAE Government’s designation of 2019 as the Year of Tolerance.
The Pakistan Tehreek-e-Insaf (PTI) government has accepted the long outstanding demand of stockbrokers to constitute a fund for stabilising the stock market. Adviser to Prime Minister on Finance Abdul Hafeez Shaikh accepted the proposal to form the fund at a meeting with the Pakistan Stock Exchange’s (PSX)
India’s foreign exchange reserves increased by $1.368 billion during the week ended May 10, official data showed. According to the Reserve Bank of India’s weekly statistical supplement, the overall forex reserves rose to $420 billion from $418.687 billion reported for the week ended May 3.
Smart Dubai has launched a report titled ‘Decentralised Data for Dubai’ in association with Outlier Ventures D3 Sandbox exploring the role of data and the Fourth Industrial Revolution in smart city building. The findings of the report underlined the opportunities presented by the convergence