ISLAMABAD : The bilateral commerce between Pakistan and the United Arab Emirates is anticipated to double from the $10.6 billion volume attained in 2021–2022, according to Faisal Niaz Tirmizi, Pakistan’s ambassador to the UAE. He said, “The potential is far bigger,” while speaking to an Emirates News Agency. The politicalContinue Reading

The Pakistan Tehreek-e-Insaf (PTI) government borrowed $52 billion in external loans in three years and eight months, placing it first among the previous four governments. In fact, the PTI returned 70% of the debts incurred by previous governments. It had surpassed Pakistan Muslim League (PML-N), which had $49.761 billion inContinue Reading

Bitcoin plummeted below $30,000 for the first time since July 2021 on Tuesday, as investors flew to cryptocurrencies in concerns of aggressive US monetary tightening and increasing inflation. The world’s largest cryptocurrency by market capitalization fell as low as $29,764 on Tuesday before rebounding more than $30,000, continuing a recentContinue Reading

Following significant losses the previous day, European stock markets rallied at the outset Tuesday. The FTSE 100 index in London increased 0.6 percent to 7,259.40 points. The DAX index in Frankfurt rose 1.3 percent to 13,548.45 points, while the CAC 40 in Paris gained 1.0 percent to 6,144.44 points.Continue Reading

Despite an initial Wall Street rally because to a strong US jobs data, Asian equities slumped Monday as investors remained concerned about inflation and the lingering impact of China’s Covid lockdown measures. A number of problems, including rising inflation, rising interest rates, China’s economic slowdown, and the war in Ukraine,Continue Reading