INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Pakistan imports goods worth $10.6 b from four GCC countries

    • Imports from UAE $6.2 billion compared to $5.9 billion last year

    • The highest increase in imports recorded from Saudi Arabia

    Pakistan’s imports from four GCC countries were nearly $10.6 billion during the first 11 months of 2020-21, a report said.
    The country’s imports from UAE were worth nearly $6.2 billion compared to $5.9 billion last year, an increase of 3.72 percent.
    Among the GCC countries, Saudi Arabia accounted for the highest (68.37 percent) increase in Pakistan’s imports—$2.1 billion this year against $1.2 billion last year, WAM reported citing the State Bank of Pakistan data.
    The imports from Kuwait were recorded at $1.1 billion against $984 million last year.
    Pakistan’s imports from Qatar were recorded at $1.1 billion during the current fiscal year compared to $1.5 billion last year.
    China topped the list of countries from where Pakistan imported different products during the first eleven months of the financial year 2020-21.
    The total imports from China during July-May (2020-21) were recorded at $11.45 billion against the $8.2 billion during July-May (2019-20), showing an increase of 38.74 percent during the period, SBP reported.