Abu Dhabi (United Arab Emirates): Tariq Ahmed, the newly appointed Ambassador of the People’s Republic of Bangladesh to the United Arab Emirates, paid a courtesy visit to His Excellency Faisal Niaz Tarmizi, Ambassador of Pakistan to the United Arab Emirates, at the Pakistan House in Abu Dhabi.During the meeting, issues … Read more
Prime Minister Shehbaz Sharif announced on Tuesday that the United Arab Emirates has agreed to extend a $2 billion loan that was due in January. In his opening remarks at the Federal Cabinet meeting which he chaired, the Prime Minister informed members of his “positive and constructive” meeting with UAE President Sheikh Mohammed bin Zayed … Read more
In a move to capitalize on the UAE’s business-friendly environment, Hoechst Pakistan Limited, formerly known as Sanofi-Aventis Pakistan Limited, has announced plans to set up a wholly foreign-owned subsidiary in the Gulf country. The company disclosed this development on Friday in a notification to the Pakistan Stock Exchange (PSX). “The Board of Directors of Hoechst … Read more
The UAE Ministry of Finance said on Monday that the United Arab Emirates will impose a minimum additional tax of 15% on large multinational companies operating in the country starting from January, as the government seeks to boost non-oil revenues. The DMTT is part of the OECD’s global minimum corporate tax agreement signed by 136 … Read more
Islamabad: PakWheels, an online car platform in Pakistan, has expanded its operations in the UAE with the launch of ArabWheels. This marks the company’s entry into the automotive market in the UAE. PakWheels, founded in 2003, has been a major player in the car buying and selling industry in Pakistan. Through ArabWheels, the company aims … Read more
Dubai: The UAE has revealed an important step towards economic diversification and sustainability with the launch of XRG, an investment company focused on low-carbon energy and chemicals. This was announced by UAE President Sheikh Mohammed bin Zayed Al Nahyan, on Wednesday, according to the Emirates News Agency (WAM). XRG is preparing to play a pivotal … Read more
KARACHI: UAE Consul General Bakhit Atiq Al Rumaiti received Sindh Minister Sharjeel Inam Memon at his office in Clifton Karachi. During the meeting between Senior Minister of Sindh Sharjeel Inam Memon and Consul General of the United Arab Emirates Bakhit Atiq Al Rumaiti, the two officials discussed ways to enhance common values and enhance cooperation … Read more
A man selling flowers waits for customers along a street amid dense foggy conditions in Lahore on November 10, 2024. — AFP Al Zaabi expresses his concern about the fog situation in Pakistan. The UAE envoy says he is in contact with the Pakistani government He says that smog must be controlled by all possible … Read more