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Pakistan’s PM Shahbaz launches $3.5b 1200-megawatt Chinese-designed nuclear energy project

14 Jul 2023

Prime Minister Shahbaz Sharif on Friday launched the construction of a 1,200-megawatt Chinese-designed nuclear energy project, which will be built at a cost of $3.5 billion as part of the...

President Xi meets PM Imran, hails strategic relationship between China and Pakistan

06 Feb 2022

Prime Minister Imran Khan met Chinese President Xi Jinping on Sunday, the final day of his four-day visit to the neighbouring country. In a tweet, Imran said he had...

ADQ to buy Egypt’s Amoun to bolster healthcare portfolio

31 Mar 2021

ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, announced on Wednesday that it has entered...

Emirates NBD reports rise in contactless payments

29 Mar 2021

Emirates NBD has reported that contactless payments now make up 84 per cent of all face-to-face card payment transactions, as consumers and merchants have increasingly preferred to use touch-free technologies...

Fujairah oil products decline for the 4th week

14 Jan 2021

Gulf Today Report Oil products inventories at Fujairah port recorded their fourth consecutive week of decline. Middle distillates fell to an 11-week low and heavy distillates slumped for the first...

Adnoc awards $519m contract to identify, explore new resources

26 Nov 2020

Business Bureau, Gulf today The Abu Dhabi National Oil Company (Adnoc) announced on Thursday, the award of a contract worth up to $519 million (Dhs1.9 billion) to further expand the...

Pakistan PM to launch ‘mega CPEC City’ project on Nov.18

02 Nov 2020

Gulf Today Report Pakistan Prime Minister Imran Khan will launch work on a mega city development project on November 18 in Khyber Pakhtunkhwa province’s Rashakai town...

Gold slips as investors book profit, await Fed's cues

27 Aug 2020

Gold retreated on Thursday, following a sharp rise in the last session, as investors squared positions to focus on whether U.S. Federal Reserve Chairman Jerome Powell signals a change in...

Pakistan launches CPEC internship programme to empower youth

16 Aug 2020

The Pakistan government has announced a three-month youth internship programme under the China-Pakistan Economic Corridor (CPEC), a top official announced. In a series of tweets on Sunday, Chairman of...

US-China tensions weigh on European stocks; Centrica soars

24 Jul 2020

European shares fell on Friday as global sentiment soured after Beijing ordered United States to close its consulate in a Chinese city in retaliation to similar action from Washington. ...

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