Nuclear states spent $100 billion on atomic arsenals in 2024, say ICAN
ICAN said Britain, China, France, India, Israel, North Korea, Pakistan, Russia and the United States together spent nearly $10 billion more than in 2023.
GCC, Pakistan launch 3rd round of free trade negotiations
The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan.Abu Dhabi’s global tech ecosystem Hub71 accepts 16 startups
Hub71, Abu Dhabi’s global tech ecosystem, has accepted 16 startups to join its community. By launching operations in Abu Dhabi, the new startup cohort, which has already raised more than AED 231 million in funding, will have the opportunity to develop advanced technologies and gain access to the market, investment,...Pakistan and Saudi Arabia to discuss extending term of $3 bn loan
The latest sign of support follows a visit to Saudi Arabia by new Prime Minister Shahbaz Sharif, who has inherited a crippling national debt, galloping inflation and a feeble rupee.High demand for G6 currencies leads DGCX trading volumes
The Dubai Gold & Commodities Exchange (DGCX) recorded a monthly Average Open Interest (AOI) of 134,154 contracts during the month of March, and registered trading volume with a total value of $15.74 billion. In response to further inflation, policy decisions and continued geo-political conflict around the globe, there was a...Sweet smell of Ramadan in South Asia
The region is home to around a third of Islam's adherents. Festive Iftar meals traditionally bring families together and there is intense social activity.Imran Khan outwits rivals, gets national assembly dissolved
Pakistan will go to the polls to elect a new government within three months after Prime Minister Imran Khan foiled an attempt to boot him from office Sunday by getting the president to dissolve the national assembly. The presidency -- a largely ceremonial office -- acceded hours later.Ramadan starts on Sunday for Shiite Muslims in Iraq, Iran, Lebanon
Traditionally, many Muslim-majority countries have followed dates set by Saudi religious authorities, but in recent years many have used their own astronomic calculations.Dubai turns Expo into 6-month diplomatic gala
Amid a global pandemic, Dubai strategically turned a business and culture event into a public diplomacy spectacle unmatched in history.OPEC Fund approves $233 million for development projects
The grants were approved at the 179th session of OFID’s Governing Board in Vienna.Iran seeks barter trade with Pakistan to strengthen ties
The option of barter trade was available to cement the mutual relationship between Iran and Pakistan, an Iranian envoy has said.SFD postpones Pakistan debts for development projects
The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33 billion).Pakistan’s Fatima Group inks $1billion deals at Expo with Chinese, Saudi firms
Fatima Group, a Pakistani industrial conglomerate, has signed two MoUs of over $1 billion with two key global agriculture stakeholders – China Machinery Engineering Company (CMEC) from China and Sarh Attaqnia Co. (SAC) from Saudi Arabia at Expo 2020. A formal signing of the business partnership was held at the...Dubai International Airport world’s busiest for eighth consecutive year
Dubai International Airport (DXB) continues to be the world’s busiest airport by international passenger numbers for the eighth consecutive year after clocking 29.1 million in annual traffic in 2021. The airport’s annual traffic exceeded forecasts for the year by more than half a million passengers, on the back of a...Saudi Arabia, Pakistan sign MoU for cooperation on environment
The MoU was co-signed by the Minister of Environment, Water and Agriculture Eng. Abdulrahman Al-Fadhli and Pakistan Minister for Climate Change Malik Amin Aslam.Sharjah Publishing City Free Zone registers 2,000 new companies in 2021
A total of 2,000 new companies from 106 countries registered with the Sharjah Publishing City Free Zone (SPC Free Zone) in 2021. The Free Zone said in a statement that most of these companies were from the UK, India, Pakistan, the Philippines, and Lebanon. Stakeholders in the education and publishing...Palestinian Wafa agency relaunches Hebrew service
The aim of relaunching the Hebrew coverage is to convey the Palestinian point of view to Israeli society in an objective manner, said Wafa editor-in-chief Khuloud Assaf.Barter best payment method in Iran-Pakistan trade: Official
The Secretary-General of Iran-Pakistan Joint Chamber of Commerce Fahimeh Damroudi said that barter is the best choice of exchange as the proper way of financial exchange does not exist. Reportedly, Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors. As the president stressed, boost in...World powers pledge to halt spread of nuclear arms
The statement was issued after the latest review of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) — which first came into force in 1970 — was postponed from its scheduled date of January 4 to later in the year due to the Covid-19 pandemic.Pakistan’s national carrier to start flights from Karachi to Mashad in Iran
Chief Executive of Pakistan International Airlines (PIA) Air Marshal Arshad Malik announced that the PIA will start direct flights from Karachi to Mashad in Iran from 1 Jan 2022. Iranian local media reports said that Arshad Malik was speaking in a meeting with Ambassador of Iran in Pakistan Mohammad Ali...Pakistan backs Saudi bid to convene OIC session on Afghanistan
Pakistani Foreign Minister Shah Mahmood Qureshi said in a statement on Monday that his country supports the Kingdom's initiative.Saudi Arabia to allow expats of six countries direct entry from Dec. 1
Saudi Arabia will allow direct entry of fully vaccinated expatriates from Indonesia, Pakistan, Brazil, Vietnam, India and Egypt from December 1 without the need to spend 14 days in transit outside their countries before entering the kingdom, reports said. However, they will have to spend a five-day quarantine regardless of...Pakistan party falls flat after semi-final cricket loss
The national mood was summed up by Prime Minister and former captain Imran Khan who said the side should be proud.Nobel laureate Malala Yousafzai gets married
The Pakistani activist shared images of the ceremony on social media.Saudi Arabia supports Pakistan with $4.2bn lifeline
The money is coming in through the SFD, a Saudi government agency that usually finances social and infrastructure projects in developing countries.Pakistan invites auto-sector investment at Expo
The Federal Board of Investment of Pakistan has invited auto-sector investors to set up business within the country.Galaxy Racer eyes Pakistan market
The UAE-based Esports company has over 400 million subscribers.Tropical storm ‘Shaheen’ poses threat to many coastal areas in MENA
The tropical depression deepened to the Tropical Storm "Shaheen" in the northeast of the Arabian Sea along the Indian-Pakistani coasts Friday, the National Centre of Meteorology (NCM) said.Abu Dhabi, Pakistan discuss boosting business ties
The chamber is ready to offer all the services required to help Pakistani businesses and entrepreneurs in Abu Dhabi.Iran looks east after China-led bloc okays entry
Iran has been trying to enter the SCO for years, and was close last year, but Tajikisatn objected to it.Iran to sell more electricity to Pakistan
Iran at the moment has electricity exchange with Armenia, Azerbaijan, Iraq, Turkmenistan, and Afghanistan.Oman lifts travel ban on India, Pakistan, Bangladesh
Fully-vaccinated passengers from 21 countries can now travel to Oman, according to a new circular issued by the country’s Civil Aviation Authority, which took the decision by consulting several stakeholders.Etihad: Flight ban from India, Pakistan may stretch beyond Aug 7
Etihad extends suspension of passenger travel from India, Pakistan, Bangladesh, Sri Lanka from Aug 2 to Aug 7.$350m Murabaha financing for Pakistan concludes
Twelve banks from the region fully subscribed the transaction in which Ajman Bank also acted as investment agent.Saudi Foreign Minister visiting Pakistan today to repair ties
Pakistan foreign office said the visit holds "special significance in the backdrop of the recent visit of Prime Minister Imran Khan to Saudi Arabia in May 2021"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...825 eye surgeries conducted in Pakistan during KSrelief campaigns
Pakistan fifth-largest recipient of KSrelief after Yemen, Palestine, Syria and Somalia 8500 people examined in Karachi and Shikarpur area of Sindh province during the campaign that ended recently KARACHI: The King Salman Humanitarian Aid and Relief Center (KSrelief) recently completed voluntary medical campaigns in Pakistan to combat blindness and its...Uber appoints new GM for MENA, Pakistan region
Pall will lead the next phase of growth for Uber’s ride-sharing business across the regionBahrain imposes new curbs on entry to malls, restaurants
*Only the fully vaccinated people or those who have recovered from infection can only enter cinemas, service centers *Arrivals from India, Pakistan, Sri Lanka, Bangladesh, and Nepal need a negative PCR test certificate, 10-day quarantine Bahrain has announced new rules to combat the virus, including restricting entry to malls and...Arab News launches Pakistan edition as part of global expansion
Arab News, the Middle East’s leading English-language daily, has recently announced the launch of a Pakistan online edition, as part of the newspaper’s ongoing global and digital expansion. The service — available in English at www.arabnews.pk — covers news and views from Pakistan and the wider region, with a special...