Heimtextil Russia’s 21st edition in Moscow starts on September 17
KARACHI: International Trade Fair for home textiles, floor coverings and interior furnishings, Heimtextil Russia 2019 will celebrate its 21st edition in Moscow on September 17...
DP World’s earnings grow by 27% in first half of 2019
DUBAI, UAE: Global trade enabler DP World PLC announced strong financial results for the six months to 30 June 2019 with reported adjusted EBITDA and...
Blackbird and Google Cloud collaborate at IBC 2019
SAN FRANCISCO: Blackbird plc, the developer and seller of the market-leading cloud video platform Blackbird, will participate in the Google Cloud Partner Pavilion at IBC...
MSC Gülsün completes first voyage from Asia to Europe
GENEVA: MSC Mediterranean Shipping Company has announced that MSC Gülsün, the world’s largest container ship, has arrived in Europe after completing its landmark maiden voyage...
Pakistan to unveil new shipping policy next week
KARACHI: Pakistan’s Economic Coordination Committee (ECC) has approved the new shipping policy, which would strengthen the shipping sector and benefit exporters, Federal Minister for Maritime...
Messe Frankfurt sets a new record of around €718 million sales in 2019
FRANKFURT: Messe Frankfurt, the largest player in the German trade fair industry is setting a new record of around €718 million sales in 2019. Messe...
EFG Hermes reports 49% growth in net profits
CAIRO, EGYPT: EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), reported solid results for second quarter of 2019. Group recorded a...
ADB approves $500mn loan for Pakistan
KARACHI: Asian Development Bank (ADB) has approved a $500 million loan for Pakistan to support and improve trade competitiveness and exports and help finance the...
Pakistan seizes Indian origin expired sugar destined for Afghanistan
KARACHI: Directorate General of Transit Trade has seized large number of Indian origin consignments mis-declared as ‘White Crystalline Sugar’, destined to be consumed in Afghanistan,...
TDAP to hold Pakistan Pavilion at Intersec 2020
KARACHI: Trade Development Authority of Pakistan (TDAP) will participate at Intersec 2020 to be held in Middle East during January 19-21, 2020, and would hold...
PSA International acquires Halterm container terminal
SINGAPORE: PSA International Pte Ltd (PSA) has completed the acquisition of Halterm Container Terminal in the Port of Halifax, Canada, from Macquarie Infrastructure Partners, a...
Pakistan’s pharma companies take a hit as border with Afghanistan closed and fenced
KARACHI: The pharmaceutical manufacturers are anticipating a significant decline in sales, as the border with Afghanistan was closed stopping informal export of medicine to the...