Italy requests targeted revision of its NRRP
Rome: The European Commission said Monday that Italy has presented a request for "targeted" technical changes to its National Recovery...
Business
CPEC: Pakistani govt approves release of Rs 4 billion for IPPs
Islamabad: Pakistani government has approved Pakistani Rs 4 billion to make payments to Independent Power Producers (IPPs) engaged in projects...
When will Renfe start operations in Portugal?
Lisbon: Information is hard to come by, but rumours are not. Apparently, Renfe has allocated €15 million to adapt and...
Crypto gains ground in Italy amid crisis
Rome: As Italy struggles with the impacts of the coronavirus pandemic, digital businesses like mobile bank Hype are turning to...
UK delegation visits LCCI, cooperation discussed
Lahore: A 40-member strong UK delegation visited LCCI on Friday and had B2B meetings with their Pakistani counterparts. Regional Trade...
Italy values Azerbaijan’s Green Energy drive and lucrative business opportunities
Rome: Following mega oil and gas projects, Azerbaijan was determined to conduct a new energy project. This time, Azerbaijan aims...
Pakistan’s pearls, precious stones see 47% increase in China’s Market in 2023
China Economic Net Beijing: Pakistan’s pearls and precious stones saw a 47% increase in exports from Pakistan to China in...
Italy: GDP inches higher but deficit comes in far worse than forecast
Rome: Italy’s economy grew by 0.9% last year, exceeding a 0.7% forecast, the national statistics agency ISTAT confirmed on Friday....
Chinese RMB becomes increasingly popular in Pakistan amid enhanced bilateral cooperation
Gwadar Pro Islamabad: Chinese currency RMB is becoming increasingly popular in Pakistan as the two friendly countries engage in cooperation...
Iron Brother rolls over $ 2 billion loan to give relief to Pakistan
Islamabad: In yet another friendly gesture to Pakistan, Iron Brother China has agreed to rolled over US $ 2 billion...
Ufone 4G provides free calls in Gwadar to help connect flood-affected families, facilitate rescue & relief operations
Celina Ali Islamabad: As Gwadar faces a large-scale natural disaster caused by catastrophic rains and flash floods, Pakistani telecom company,...
UK mortgage approvals hit highest since Oct 2022 as market recovers
London: British lenders approved more mortgages in January than at any point since October 2022 when the housing market sagged...
EU and World Bank create new facility to strengthen capacity of civil protection in Europe
Brussels: With initial funding of €6 million in 2024, the EU will help civil protection authorities of EU Member States,...
Italy says it wants Chinese carmakers but only under conditions
Milan: Italy will closely study any investments by Chinese carmakers, a minister said Thursday, after another minister said Wednesday the...
Italy: Piracy Shield proves the internet works
Rome: Political parties are fond of making big promises, especially when in opposition, and few such claims are more specious...
Chinese Consul General discusses avenues for promoting bilateral trade with FPCCI leaders
Lahore: Chinese Consul General Zhao Shiren engaged in discussions at the Regional Office of the Federation of Pakistan Chambers of...
Nawaz Sharif advises incoming govt to work diligently for overcoming economic challenges
Liaquat Ali Islamabad: Pakistan Muslim League Nawaz (PML-N) Quaid Muhammad Nawaz Sharif on Wednesday urged the incoming government, headed by...
PCJCCI supports inclusion of KCCDZ project in CPEC
Islamabad: The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) on Tuesday afternoon voiced strong support for the inclusion of...
British trade delegation visits Pakistan to bolster bilateral trade
Celina Ali Islamabad: A delegation of 15 UK business representatives is visiting Pakistan to build links in the textiles, agrifood,...
Avocado grower shifts part of its operations to Portugal
Lisbon: In light of water shortages in the Axarquía region, TROPS, a cooperative known for its avocado and mango production,...
G7 chair Italy assumes new importance in West
Rome: Prior to becoming Italian prime minister in 2022, there were widespread reservations in the West about Giorgia Meloni’s suitability...
Gas pipeline project: ?Pakistan green lights 80-km segment to connect Gwadar to Iran
Gwadar Pro Islamabad: Pakistan has given the green light to the commencement of work on a crucial 80-kilometer stretch connecting...
Pakistan, Saudi Arabia agree for increased investment in key sector
Celina Ali Islamabad: Pakistan and Saudi Arabia have agreed to work towards increasing investment in key sectors, paving the way...
The UK’s energy transition will stall without policy action
London: The energy transition is not just a dispassionate assessment of electric vehicles versus combustion engines, or heat pumps versus...
EU allocates €402 million to create a green hydrogen hub in Italy
Brussels: The European Commission (EC) has allocated €402 million in funding to create a green hydrogen hub in the Italian...
RMB planned to join UAE payment system to enhance financial integration
China Economic Net Abu Dhabi: Buna, the UAE-based cross-border payment system, will add currencies from India, China, Pakistan and African...
China’s foldable smartphone market sees expansion in 2023
Beijing: Shipments of foldable smartphones in the Chinese market surged 114.5 percent in 2023 over the previous year, an industry...
Italy publishes operating rules for energy communities
Rome: Italian energy agency Gestore dei Servizi Energetici (GSE) has published the operating rules for energy communities, following the publication...
China plans to import 5,000 tons of sesame from Pakistan this year: Xi Jianlog
Beijing: China will increase investment in the Pak-China contract farming sesame project and has the plan to import at least...
Ambassador Tapas Adhikari invites business community to participate in upcoming Chamber Expo-2024
Celina Ali Islamabad: Nepal’s Ambassador to Pakistan Tapas Adhikari to Pakistan extended an invitation to the Sialkot business community on...
