Brokers monitoring the share price movement at the Karachi Stock Exchange. Reuters
Senator of Pakistan Tehreek-e-Insaaf (PTI) Faisal Javed Khan has presented improvement in the economy following the steps taken by the government during eleven months.
The Pakistani rupee hit a new all-time low of Rs149.35 to the US dollar in the inter-bank market on Friday. This is the second successive day when rupee continued to lose ground against the greenback under the fresh round of depreciation. On Thursday, the local currency lost 3.62% to close at Rs146.52 to the US dollar in inter-bank.
The Pakistan Stock Exchange (PSX) in the outgoing week witnessed massive overall spike in its gains as local and foreign investors rampaged across the market to quickly hit upper circuits after the war clouds hanging over the region.
The UAE Government and the United Nations Initiative to commemorate its 75th anniversary launched the “Future Possibilities Report 2020”, presenting six transformational trends that can add up to $30 trillion to the global economy by 2025.
The Abu Dhabi Department of Economic Development (ADDED), has permitted commercial and industrial licensees in the Emirate of Abu Dhabi to renew their investment activities’ licenses for a period of 3 years.
The Expo Centre Sharjah (ECS), on Monday, welcomed the return of its employees to the offices with 100 per cent capacity in accordance with the decision of Sharjah Executive Council (SEC),
Adnoc Logistics and Services (Adnoc L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc) announced on Tuesday the formation of a new strategic joint venture (JV) with Wanhua Chemical Group.