Daily Archives: March 13, 2019

U.S. Secretary of Transportation Elaine Chao Announces New Council to Support Hyperloop Commercialization

The Non-Traditional and Emerging Transportation Technology Council will work to identify and resolve jurisdictional and regulatory gaps which will help bring the technology to commercialization Virgin Hyperloop One looks forward to continuing to work with the Department of Transportation (DOT)

SBP Announces Financing Facility for Low-Cost Housing

The State Bank of Pakistan (SBP) has announced financing facility for low-cost housing for special segments of the society. At the same time, it has relaxed a few regulations for financial institutions in a bid to help promote loans for

Civil Aviation Authority Launches Spring Tree Plantation Campaign

Pakistan's civil aviation authority (CAA) has formally started a spring tree plantation campaign in Karachi with a motto of one-plant-one-tree.Additional Director General of CAA, Mr. Air Vice Marshall Tanveer Ashraf, launched the plantation campaign by...

Tax laws being simplified to increase tax net: Hammad Azhar

Minister of State for Revenue Hammad Azhar says tax laws are being simplified to increase the tax net in the country.In a media briefing, he said the implementation of reforms at Federal Board of Revenue will help it collect taxes

UAE, Uzbekistan explore prospects of trade partnership

Tashkent The Uzbek capital Tashkent has recently hosted the third session of the United Arab Emirates-Uzbekistan Joint Economic Committee, Emirates news agency (WAM) reported Wednesday.The committee meetings were co-chaired by UAE Minister of Economy S...

Rainfall on wheat, soybean, rice, maize globally to be changed by 2040: study

WASHINGTON: A new study showed that the rainfall on wheat, soybean, rice and maize globally would be changed by 2040 even if humans reduce greenhouse gas emissions.The study published in the Proceedings of the National Academy of Sciences showed that

European Investment Bank loans Morocco Euros 80 million to upgrade highway infrastructure

Rabat The European Investment Bank (EIB) has granted the Moroccan Motorway Company (ADM) a loan worth 80 million euros ($90.4 million) to upgrade highway infrastructure in the region of Grand Casablanca.The loan will finance the tripling of the Casabla...