INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts 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.