Wednesday, July 6th, 2022
United Arab Emirates cuts red tape to attract businesses
The United Arab Emirates is cutting red tape to make it easier and quicker for digital companies to incorporate, the latest economic policy announcement as the government seeks to further diversify the economy away from oil revenues. Trade minister Thani Al Zeyoudi, flanked by executives from many state-linked entities, on Wednesday announced the changes that include better access to the financial and banking system. “We want to show digitally enabled companies from Europe, Asia, the Americas, that the UAE is the world’s best place to live, work, invest and scale,”Read More
Iranian ambassador lauds govt’s economic policies
ISLAMABAD, JUL 6 /DNA/ – Ambassador of Iran to Pakistan Seyed Mohammad Ali Hosseini called on Federal Minister for Finance and Revenue Mr. Miftah Ismail at Finance Division. Finance Minister Miftah Ismail welcomed the Ambassador and highlighted deep-rooted cordial and fraternal relations between Pakistan and Iran based on centuries-old religious and cultural affinities. He emphasized that Pakistan always highly values its brotherly relations with its neighbouring country. The Finance Minister further said that the current trade volume between the two countries is not at the optimal level. However, Pakistan isRead More
Pakistan can learn from expertise of Iran in Engineering, Nanotechnology: minister
ISLAMABAD, JUL 6: Ambassador of the Islamic Republic of Iran to Pakistan Seyyed Mohammad Ali Hosseini called on the Federal Minister for Federal Education and Professional Training Rana Tanveer Hussain in his office. Senior officials of the ministry including Secretary Education Ms. Naheed S. Durrani also attended the meeting in addition representatives from HEC and NAVTTC. Rana Tanveer welcomed the Iranian delegation and said that the two countries have cultural, linguistic and people to people love for each other. He said that Persian language is the mother of UrduRead More
APNS announces Eid holidays
KARACHI, JUL 6 /DNA/ – All Pakistan Newspapers Society has announced that the member publications of the APNS will observe two closed holidays on account of EID-UL-AZHA on Sunday, July 10, 2022 and Monday, July 11, 2022. Consequently, there will be no morning newspapers on Monday, July 11, 2022 and Tuesday, July 12, 2022 and will publish their normal editions on Wednesday, July 13, 2022. Whereas the evening newspapers not appearing on Sunday July 10, 2022 and Monday, July 11, 2022, may bring out their issues on Tuesday, July 12,Read More
Prepare for ‘complete cut-off’ of Russian gas, von der Leyen warns EU
European Commission chief Ursula von der Leyen said Wednesday that the 27-nation European Union needs to make emergency plans to prepare for a complete cut-off of Russian gas in the wake of the Kremlin’s war in Ukraine. The EU has already imposed sanctions on Russia, including on some energy supplies, and is gearing away from Kremlin-controlled deliveries. But the head of the EU’s executive branch said the bloc needed to be ready for shock disruptions coming from Moscow. She said a dozen members have already been hit by reductions or full cuts in gas supplies as the political standoff withRead More
UK wants to double bilateral trade up to £ 7 billion with Pakistan
Islamabad, JUL 6 /DNA/ – UK is the third largest global trading partner of Pakistan and is keen to double its bilateral trade up to £ 7 billion with Pakistan in a few years to achieve mutual prosperity for both countries. This was said by Mahesh Mishra, Counsellor and Group Head (Economic and Trade), British High Commission while addressing the business community during his visit to Islamabad Chamber of Commerce & Industry (ICCI). The Commercial Counsellor said that the UK was uniquely placed to support Pakistan in transforming its economy.Read More