Newswire Beijing: Huawei Technologies Co will launch a complete set of commercial 5.5G network equipment next year, as part of a broader push to speed up the evolution of 5G and kick off the 5.5G era for the information and communications technology industry. “The plan comes amid rapid progress in 5G deployment over the past […]
Read MoreCelina Ali Islamabad: Saudi Arabia and Pakistan are on the verge of finalizing a game-changing $14 billion deal for an advanced oil refinery, expected to boost the South Asian state’s crude oil processing capacity, according to an exclusive conversation with the country’s petroleum minister on Saturday. The multibillion-dollar state-of-the-art oil refinery project, with a capacity […]
Read MoreCanberra: Pakistani High Commissioner to Australia Zahid Hafeez Chaudhri said this week that Australian investors were ready to invest in Pakistan. “Had an excellent meeting with Mr Michael Carter, Head of International Trade & Investment Centre, Chamber of Commerce & Industry of Western Australia,” he tweeted. The envoy added: “Large mining companies from WA are […]
Read MoreAbida Shaheen Brussels: The European Union and the Community of Latin American and the Caribbean states (CELAC) held their 3rd Summit in Brussels. The meeting gathered Heads of State and Government of the EU Member States and of the 33 CELAC states for the first time in eight years. President of the European Commission Ursula […]
Read MoreStaff writer Beijing: Pakistan Ambassador to China, Moin ul Haque said that China is a major export market for Pakistani products and the government is working together to further enhance the access of Pakistani products to the untapped sector of the Chinese market. “Our two countries have a robust trade and investment cooperation, which is […]
Read MoreLiaquat Ali Islamabad: Pakistani Prime Minister Shehbaz Sharif said on Monday the South Asian nation expected around $50 billion investment in the next five years, primarily from Gulf states, under a new green initiative in the agriculture sector. Pakistan last week established a Land Information and Management System Center of Excellence ((LIMS-CoE) to enhance modern […]
Read MoreNewswire Milan: Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming up to protect their supply chains and the Italian roots of smaller companies, showing a new spirit of collaboration. Control of the supply chain has become increasingly important for luxury brands, ensuring products get to shops on time and […]
Read MoreCelina Ali Many thought last autumn that the pound would keep falling to dollar parity and below.The Bank of England’s interest rate tightening is probably the key factor. Though also the government’s fiscal policy has been more restrained. If you compare them to the US, for example, the federal funding rate has risen from basically […]
Read MoreXu Keyue Paris: French President Emmanuel Macron again made a public call for building an autonomous Europe in a persistent attempt to shake off Europe’s shackles and prove that it is not the vassal of any superpower. His remarks were widely viewed as being constructive for pushing forward a more multipolar world and bringing more […]
Read MoreBeijing: The Chinese mainland’s box office revenue reached 909 million yuan (126.6 million U.S. dollars) during the recent Dragon Boat Festival holiday, which lasted from Thursday to Saturday, according to data released by the China Film Administration. Domestic films took 80.08 percent of the total box office revenue during the three-day holiday, with suspense film […]
Read MoreGwadar Pro Islamabad: During the inaugural ceremony of the 10th anniversary celebrations of China-Pakistan Economic Corridor (CPEC), Ahsan Iqbal, the Minister of Planning, Development, and Special Initiatives, highlighted that Pakistan had previously been trapped in the clutches of global geopolitics and forced to assume the role of a pawn in regional conflicts. However, he emphasized […]
Read MoreLondon: Known for having enriched spices, aromas, and a plethora of colors in its food, Pakistani cuisine hold a significant position in Britain’s food scene, thanks to the sizable Pakistani diaspora living in the region contributing much to the culture. With galore go-to places already offering a pure taste of Pakistani flavours, another U.K. based […]
Read MoreNewswire Rome: Fifty-eight percent of Italian tourists in 2023 are choosing holiday destinations linked with food experiences, a 37 percent increase from 2016, a new report has found. The trend benefits olive millers and farmhouses, offering tourists olive oil-related experiences. This trend generates virtuous economies, which represents the best opportunity for the small farmers to […]
Read MoreGlobal Times The 14th Summer Davos Forum, held from June 27 to 29 in Tianjin, has returned to the offline format after a three-year hiatus, generating great anticipation from various parties. Unlike the Winter Davos, known as the “weather vane of world economy,” the Summer Davos focuses more on “new leaders.” Participants primarily consist of […]
Read MoreCelina Ali Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese said this week that there were ample opportunities for collaboration between Italy and Pakistan. The Ambassador emphasised enormous investment opportunities for mutual trade between Pakistan and Italy that can prove to be beneficial for both countries. In an interaction with Pakistani businesspersons the envoy said that […]
Read MoreDubai: Qatar intends to invest $5 billion in a number of sectors in Iraq over the coming years, the state news agency quoted Qatar’s Emir Sheikh Tamim bin Hamad al-Thani as saying this week. The emir arrived in Baghdad on an official visit that led to signing memorandums of understanding (MOUs) to expand cooperation on […]
Read MoreAbdullah Jan Islamabad: National Assembly Standing Committee on Finance and Revenue member and an ally of the government Dr Nafisa Shah on Friday termed the federal budget as election budget. “This is an unrealistic budget for two months. What kind of budget has been given,” Pakistan People’s Party (PPP) lawmaker Dr Nafisa Shah wondered. She […]
Read MoreMartin Jacques – Global Times This year marks the 10th anniversary of the Belt and Road Initiative (BRI) proposed by Chinese President Xi Jinping. Through the lens of foreign pundits, we take a look at 10 years of the BRI – how it achieves win-win cooperation between China and countries along the Belt and Road […]
Read MoreCelina Ali Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese said this week that Pakistan was an important country on the list of Italy and Rome wanted to multiply cooperation with Islamabad. In a media interaction, the envoy said during his two-three years in Islamabad, he had seen the cooperation between the two friendly countries grow. […]
Read MoreZheng Yongnian The concept of “Chinese modernization” has received strong reactions from other countries since its introduction. The definition and the five characteristics of Chinese modernization specified in the report of the 20th National Congress of the Communist Party of China are significant. That is, it is the modernization of a huge population, of common […]
Read MoreCelina Ali Islamabad: Chairman Pakistan Red Crescent Society Sardar Shahid Ahmed Laghari held a meeting with Qatar’s Ambassador, Sheikh Saud Abdul Rehman Al Thani here this week. Sheikh Saud Abdul Rahman Al Thani warmly welcomed Sardar Shahid Ahmed Laghari to the Qatar Embassy. Both the dignitaries engaged in discussions covering a range of topics, including […]
Read MoreGwadar Pro Islamabad: China is extending cooperation to Pakistan to develop its dairy industry through production of high milk-yielding cows, the Arid Agriculture University Rawalpindi (AAUR) said this week. The goal of the cooperation is to improve genetic variations of cows being used in Pakistan for dairy farming. This can be achieved by breeding elite […]
Read MoreDing Gang In June last year, a cargo train departed from Pu’er City in Yunnan Province via Xinjiang land port and headed for Europe. The train carried 12 containers of 307 tons of raw coffee beans, making it the first train of coffee beans sent from Pu’er to Europe via land. Pu’er City has a […]
Read MoreCelina Ali Islamabad: Minister of State for Petroleum Dr Musadik Malik this week invited Qatari investors to make more investment in LNG (Liquefied Natural Gas) sector of Pakistan. The minister was talking to Ambassador of Qatar to Pakistan Ambassador Sheikh Saoud bin Abdulrahman Al Thani, who called on him in Islamabad. Speaking on this occasion, […]
Read MoreGwadar Pro Islamabad: Pakistan is all set to export juicy cherries to China in the coming weeks as the harvesting season started in the country. A 14-member Chinese business delegation visited Gilgit-Baltistan where they signed multiple memorandums of understanding (MoUs) this week to facilitate cherry trade. The delegation assessed the local cherry production, and inspected […]
Read MoreCelina Ali Islamabad: Pakistan and Qatar this week vowed to further promote their bilateral trade and tourism. The understanding was reached during a meeting between Ambassadors of Qatar Sheikh Saud bin Abdul Rahman Al Thani with Minister for Interior Rana Sanaullah in Islamabad. The two personalities also discussed issues of mutual interest including bilateral relations […]
Read MoreNewswire Rome: Italy and Saudi Arabia this week signed a memorandum of understanding to foster cooperation in the sectors of archaeology, conservation, restoration and protection of cultural heritage, film and literature. The MoU was signed by Saudi Culture Minister Prince Bader bin Abdullah bin Farhan and his Italian counterpart Gennaro Sangiuliano at a ceremony in […]
Read MoreNewswire Venice: NEOM this week launched its first international exhibition in Venice while presenting the key design principles underlying The Line. Called “Zero Gravity Urbanism — Principles for a New Livability,” the exhibition plays host to more than 20 of the world’s leading architects and innovative designers. Prince Badr bin Abdullah bin Farhan, the minister […]
Read MoreCelina Ali Islamabad: Ambassador of Italy to Pakistan Andreas Ferrarese is working hard to boost the trade ties between Italy and Pakistan. The envoy, who works every day of the week and is easily accessible to the businesspersons, is ready to facilitate the businesspersons in a bod to enhance business relations. The envoy believes that […]
Read MoreCelina Ali Islamabad: Qatar has showed keen interest in exploring new investment prospects in Pakistan in various sectors under its national rejuvenation project, Vision 2030. The interest was shown by Qatar’s ambassador to Pakistan, Sheikh Saoud Abdul Rahman Al-Thani during a meeting with Special Assistant to Prime Minister Jawad Sohrab Malik in Islamabad. He said […]
Read MoreGwadar Pro Hyderabad: This week, a delegation of Chinese importers visited the Sindh Agriculture University in Tandojam to discuss the prospects of importing mangoes from Sindh to China. The delegation met with the Vice Chancellor of the university, Dr. Fateh Muhammad Mari, as well as other academics and representatives of the farmers to exchange views […]
Read MoreNewswire Islamabad: Italy’s Ambassador to Pakistan Andreas Ferrarese and Special Ambassador, Bid Committee EXPO-2030 Italy Romeo Orlandi, this week urged Pakistan to support Rome’s bid to host the 2030 World Expo. Speaking at an event regarding the 2030 World Expo here at the residence of Italy’s Ambassador to Pakistan Andreas Ferrarese, Romeo Orlandi said Pakistan […]
Read MoreCelina Ali Islamabad: China’s Minister of Foreign Affairs Qin Gang said this week that his country was cognisant of Pakistan’s economic difficulties, adding that it was the priority of his country to help Islamabad. He made the remarks during a meeting with President Dr Arif Alvi at Aiwan-e-Sadr. During the meeting, both sides reaffirmed their […]
Read MoreNewswire Port Sudan: Qatar flew a relief flight into Sudan carrying some 40 tons of food and left with 150 evacuees this week as fighting continued between two generals vying for power in the African nation. The Qatari Emiri Air Force C-17 Globemaster touched down in Port Sudan, some 670 kilometers (415 miles) northeast of […]
Read MoreIslamabad: Japan this week urged Pakistan to allow the import of manufacturing equipment of vehicles as the dollar liquidity crunch has severely impacted the issuance of letters of credit (LCs) to Japanese companies operating in the country. According to the publication, Japanese companies are also mulling the idea of establishing plants for hybrid vehicles in […]
Read MoreDing Gang When I worked in Latin America several years ago, I deeply understood the relationship between coffee cultivation, the local economy and social patterns. Many coffee-producing countries still bear the slavery dregs brought by the colonizers, which has restricted the change of the economic development of these countries, continuing the legacy of coffee development, […]
Read MoreLiaquat Ali Islamabad: The Embassy of Indonesia has facilitated a business visit by Modena—an Indonesian premium brand for home and kitchen appliances—to Lahore. During their maiden visit to Pakistan, Vice President of Modena Michael Jizhar held meetings with several potential partners and introduced the line of productions of Modena and offered his keen interest to […]
Read MoreGwadar Pro Dera Ismail Khan: Federal Minister of Communications Asad Mahmood announced this week that a project worth billions of rupees to connect Khyber Pakhtunkhwa with Balochistan through the China-Pakistan Economic Corridor (CPEC) route had been approved. He stated this during a meeting with a delegation of Jamiat Ulema Islam Fazl’s (JUI-F) local leadership. The […]
Read MoreNewswire Washington: Pakistan’s ambassador to the United States Masood Khan said this week that there is “no misunderstanding” between Pakistan and the US regarding Islamabad’s purchase of discounted Russian oil. Speaking at a conference in Washington, Khan emphasized that the reset of the Islamabad-Washington relationship is “transcending the past.” He confirmed that Pakistan had placed […]
Read MoreNewswire Islamabad: Ambassador of the Islamic Republic of Iran Seyed Mohammad Ali Hosseini thisd week called for the optimum use of existing capacities and possibilities in different economic sectors including tourism, and mutual investment of Iran and Pakistan. “The capacities of the commonalities and links in the various areas of history, civilization, language, religion, geography, […]
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