The German central bank said Monday it was increasingly likely that Europe's largest economy would shrink for a "prolonged" period as Russia throttled energy supplies to the continent.
The two-way trade between the UAE and India stood at $43.3 billion in 2020-21, including Indian exports worth $16.7 billion and imports at $26.7 billion. In 2019-20, the bilateral trade value was $59.11 billion.
Mubadala Energy has confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of the Sarawak province, offshore Malaysia.
Pakistan’s cotton production has shrunk 19% to 2.19 million bales till September 15, 2022 in the current season mainly due to the devastation caused by heavy rainfall and flash floods nationwide.
The Pakistan Automotive Manufacturers Association (PAMA) has drawn the attention of the governor State Bank of Pakistan (SBP) to the scarcity of imported sub-components, components and sub-assemblies, and has urged the SBP and EDB/MOIP to intervene and allocate a minimum quota of $13 million per month for the bare minimum working of all segments of the automobile sector.
If Pakistan gets the bid price, it will purchase 72 LNG cargoes in six years, which means one cargo will have LNG volume of 140,000 cubic metres every month.
