Finance Minister Chairs Steering Committee for FCDO-Funded Remit Programme
Celina Ali Islamabad: Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired the first steering committee of the FCDO-...
Business
China welcomes more foreign tourists: spokesperson
Beijing: China welcomes more foreign friends and hopes they will unlock their own unique "China Travel" experience, a foreign ministry...
Pound hits highest level against dollar for a year
London: The pound hit its highest level against the dollar in a year as investors bet on UK interest rates...
Portugal: Immigration documents automatically extended again
Lisbon: The government of Portugal again extended the validity of immigration documents and visas, now to June 30, 2025. As...
New passenger car registrations in Bulgaria in H1 2024 up 30.8%
Sofia: There were 23 047 new passenger car registrations in Bulgaria in the first half of 2024, an increase of...
Heatwave poses big challenge for Greece’s delivery workers
Athens: Yannis Asimakopoulos has worked as a food delivery driver in Athens for 17 years and cannot recall a hotter...
Italy reduced steel production by 3.6% in June
Rome: Italian steelmakers reduced steel production by 3.6% in June 2024 compared to the previous month, to 1.85 million tons....
UK inflation pressures remain, reducing chance of August rate cut
London: British inflation held at 2 per cent in June, defying forecasts for a slight fall, and strong underlying price...
The UK has a shipping pollution problem. Is the new government ready to solve it?
London: Blánaid Sheeran, Opportunity Green’s policy officer, explains why the new UK government has all evidence it needs to support...
Italy to host business forum with Vietnam as global trade dynamics shift
Rome: Italian Deputy Prime Minister and Minister of Foreign Affairs, Antonio Tajani, announced plans to organise a business forum with...
China requests WTO to establish panel regarding dispute over U.S. Inflation Reduction Act
Beijing: China has requested the World Trade Organization (WTO) to set up an expert panel regarding new energy vehicle (NEV)...
UK grocery inflation falls to lowest in nearly 3 years
London: Grocery price inflation fell to its lowest level since September 2021 in a further sign of easing cost pressures,...
Bulgaria’s Elana Agrocredit land buy financing plunges y/y in June
Sofia: Bulgarian agricultural leasing company Elana Agrocredit said it signed deals to finance agricultural land purchases worth a total of...
Italy: Clarification issued on VAT Refunds for non-residents
Rome: The Italian Revenue Agency issued Answer No. 147/2024, clarifying the application of VAT refunds for nonresidents. The clarification was...
What next for UK trade
London: In line with its cautious approach, UK Labour said very little of note on the European Union during the...
Bulgaria to auction 102 mln euro of 2027 T-bonds on July 22
Sofia: Bulgaria's finance ministry seeks to raise 200 million levs ($111.4 million/102.3 million euro) by reopening a three-year fixed-rate issue...
Italy needs 2.3 million domestic staff, 2/3 from abroad
Rome: Italy will need over two million workers to provide care for families next year, according to a report entitled...
China in the spotlight at upcoming G7 Trade meeting in Italy
Rome: Balancing with China. Italian Deputy Prime Minister and Minister of Foreign Affairs, Antonio Tajani, emphasised that the upcoming Trade...
China-Pakistan partnership to introduce eco-friendly solar e-bikes
Beijing: Road King, a leading electric scooter brand in Pakistan, and AGAO Solar Mobility, a China-based startup specializing in solar-powered...
Italy Air Force eyes new tanker competition after dropping Boeing buy
Rome: Italy is mulling a competition to find a new tanker aircraft after suspending plans to buy six new Boeing...
Worsening housing crisis hits Greece hard
Athens: The housing market is tightening in one of Europe's southernmost countries. The cost of housing and renting in Greece...
Italy’s Neos Airlines launches Milan – Astana route
Astana: The first direct flight from Milan landed in Astana on July 13 morning operated by Italy’s Neos, marking a...
British Investment delegation calls on Finance minister
Celina Ali Islamabad: British International Investment (BII) Board delegation on Friday called on Federal Minister for Finance and Revenue Senator...
Pakistan, Azerbaijan agree to expand investment volume upto $2 bn
Celina Ali Islamabad: Pakistan and Azerbaijan on Thursday agreed to enhance the bilateral investment level of up to US$2 billion...
Consular Services in Islamabad to remain closed
Celina Ali Islamabad: The consular office at the Ministry of Foreign Affairs, Islamabad will be closed on Friday 12 July...
Pakistan-UK partnership in IT sector discussed
Karachi: Systems Limited, Pakistan’s foremost provider of IT and IT-enabled services, welcomed a distinguished guest, British Deputy High Commissioner and...
UK aims to top G7 per-capita economic growth for two years running
London: The new British government's aim to post the fastest sustained economic growth among G7 nations hinges on ranking first...
Savannah sees potential to expand Barroso lithium project in Portugal
Lisbon: Savannah Resources (AIM: SAV), the British company behind the Barroso lithium project in Portugal, said on Thursday that drilling...
Edison and Webuild sign agreement to develop hydroelectric pumping projects in Italy
Rome: Edison and Webuild have signed a programmatic agreement for the development of two hydroelectric pumping (or pumped storage) projects,...
ECNEC approves ML-1 upgradation
Islamabad: Pakistan’s Executive Committee of the National Economic Council (ECNEC) reviewed and approved several key projects including the Upgradation of...
