Google Android 6.0 Marshmallow With Urdu Language Support

KARACHI: In what may turn out to be an important breakthrough for Pakistan’s Information and Communications Technology (ICT) sector, the Android 6.0 Marshmallow – the latest version of Google’s smartphone operating system – comes with support for Urdu language. Earlier in September, the Silicon Valley-based technology giant unveiled two of its new

Turkish Middlemen Sold Daesh Stolen Oil To Europe

Turkish middlemen are selling some of illegal oil they purchase from Daesh, also known as ISIL, to European countries, including Great Britain and Italy, expert Mustafa Tekik asserted. Oil and petroleum products are transported to Turkey through a wide network of middlemen. "It is well-known that some [Turkish] businessmen are involved in reselling oil, smuggled by Daesh,

Daesh Making Money From Stolen Oil

In a special report for the LA Times, special correspondent Nabih Bulos took a look into how exactly Daesh (ISIL/ISIS) makes money off the trade of stolen Syrian and Iraqi oil. The journalist found that to a large extent, Daesh depends on local residents, their former livelihoods destroyed, who extract

Moscow Set For Domestic-Produced Oil

Russia heavily depends on high prices of oil and cannot influence pricing in the market controlled by the West. This is why Moscow is set to create its own futures market for domestic-produced oil to put an end to hegemony of Western bourses, Finanzmarktwelt reported. The end goal is that Russia

Pakistan’s Global Ranking Slipped 10 Ranks

ISLAMABAD: Pakistan slid two places to be ranked 138th on the ‘Ease of Doing Business Index’ of the World Bank. Pakistan improved its distance to frontier (DTF) score, from 51.62 to 51.69, but slid in the list of 189 economies of the world, ranked in terms of the ease it offers to

Saudi Arabia May Be Bankrupt By 2020, Says IMF

Saudi Arabia may run out of financial assets in five years’ time if current spending policies are maintained, the International Monetary Fund has warned. The slump in oil prices has led to Saudi Arabia’s fiscal health coming under pressure, the IMF said. The kingdom will post a budget deficit of more

Government Plans To Cut Gas Supplies

FAISALABAD: The bonanza sales season for textile exporters may turn into a lost opportunity this year, as the government plans to cut gas supplies to the sector in the winter season, increasing reliance on expensive alternative fuels, which will make them uncompetitive in international markets. Christmas and New Year occasions offer

Twitter CEO’s Well-Timed Stock Gift

San Francisco: Twitter Chief Executive Jack Dorsey's novel move to give a third of his company stock to an employee equity pool is a smart gesture to restore confidence in a company that lost its way, according to recruiting and compensation experts. Beyond its generosity, the gift is a strategic effort

Fruitful Results From China Pakistan Economic Corridor

KARACHI: The upcoming collaboration for the China Pakistan Economic Corridor (CPEC) will certainly bring fruitful results for Islamabad and Beijing, GEODIS (China), Director of Marketing and Sales Frank Zeng said on Wednesday. Speaking at an interactive session titled ‘Logistics for Tomorrow’, Zeng said, “I am amazed to see the rapid pace

Facebook’s Free-Flowing Information Transfer Across The Atlantic

According to Sputnik News, fifteen years ago, the United States and the European Union established the Safe Harbor accord. That agreement was meant to allow US-based tech companies to freely transfer the information of European users, while also ensuring individual privacy. The revelations of former NSA contractor Edward Snowden have called