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Over Dh1.8 million in counterfeit goods seized in Abu Dhabi during 2025
Abu Dhabi: More than Dh1.8 million worth of counterfeit and non-compliant goods were seized in Abu Dhabi during 2025, according to the Abu Dhabi Registration Authority (ADRA), the arm of the Abu Dhabi Department of Economic Development (ADDED) responsible for developing and regulating the business sector. The seizures took place during inspection visits and campaigns aimed at protecting trademarks. Additionally, the estimated value of goods linked to consumer complaints resolved during...
UAE Dirham to Pakistani Rupee Rate Today – April 20, 2026
BusinessPakistanUAE Dirham to Pakistani Rupee Rate Today – April 20, 2026By Web Desk-Apr 20, 2026Dubai / Karachi, April 20, 2026 – The UAE Dirham (AED) is trading at 76.06 Pakistani Rupees in the open market today, showing only minimal movement from recent levels. The pair continues to hover comfortably within the narrow 76.00–76.50 PKR range that has been the dominant trading zone for the past several months, offering the kind of predictability that Pakistani expatriates and their families have...
Cashier stole from vulnerable customers to fund trips to Paris, Tuscany and Dubai
Cashier stole from vulnerable customers to fund trips to Paris, Tuscany and Dubai10 minutes agoShareSaveAdd as preferred on GoogleAntonia MatthewsBBC WalesFacebookKelly Kershaw's social media profile said she was "living and loving life one adventure at a time"A building society cashier who stole from vulnerable customers was found out after colleagues saw she posted about numerous expensive holidays on social media, including a safari in Africa, as well as trips to Paris, Tuscany...
दिल्लीवालों को लगेगा बिजली का 'करंट', उपभोक्ताओं से वसूले जाएंगे 38000 करोड़
Honeywell to Sell Productivity Business in $1.4 Billion Deal
Bloomberg's Liana Baker breaks down Honeywell's deal to divest its productivity solutions and services business to industrial manufacturer Brady Corp. Brady will pay $1.4 billion in cash for the business, according to a statement Monday that confirmed an earlier report by Bloomberg News. (Source: Bloomberg)
Left-wing activists heckle pro-Israel Democrat Haley Stevens at Michigan convention
Pro-Palestinian activists shouted down Rep. Haley Stevens, D-Mich., as the U.S. Senate hopeful spoke at Michigan Democrats’ spring convention on Sunday.When Stevens, a pro-Israel Democrat, walked on stage with a group of union employees, the crowd erupted with party activists heckling her over her support for Israel. "Democrats, I love you, even when we disagree," the congresswoman said, but audience members continued to drown her out with boos and jeers.DEMOCRATS TEAM UP WITH FAR-LEFT STREAMER...
Most Moroccan Families Still Unable to Save Money in 2026
Rabat – Morocco’s High Commission for Planning (HCP) has reported a slight improvement in household confidence during the first quarter of 2026, but many families continue to face financial pressure, especially when it comes to saving money. According to the HCP’s latest survey, the Household Confidence Index (HCI) rose to 64.4 points, up from 57.6 in the previous quarter and 46.6 a year earlier. This shows that households feel somewhat more optimistic about their situation, even if challe...
Govt forsees economic slowdown during current, next fiscal years due to Middle East war
ISLAMABAD: The government said on Monday that Pakistan’s economic growth would be affected during the current and next fiscal years due to an almost 20 per cent cut in development budget for fuel subsidies and inflationary impacts of global supply chain disruptions amid the war in the Middle East. “This (cut in development budget) will have a negative impact and, coupled with international oil prices and inflation, will result in economic slowdown and affect our growth target of 4.2pc” for the c...
PSX commences week with 1% slide
The Pakistan Stock Exchange (PSX) commenced the week with a stark downturn on Monday, as the benchmark KSE-100 index succumbed to selling pressure, shedding nearly 1,750 points to close around 172,200. The 1% decline effectively wiped out the recent momentum, largely driven by a cautious global atmosphere and escalating geopolitical tensions. At the close of trading, the KSE-100 posted a loss of 1,742.31 points, or 1%, and settled at 172,196.70. Arif Habib Limited (AHL) noted that Pakistan'...
CPEC 2.0, $1b AI fund to prop up digital economy
The ambition of Pakistan's government to build a knowledge-driven digital economy received a significant endorsement from the business community this week as the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) highlighted the combined power of CPEC 2.0 and the government's proposed $1 billion artificial intelligence (AI) fund in reshaping the country's economic future. With Pakistan's youth, roughly 63% of the population, sitting at the heart of this transformatio...
Record premium paid on oil imports
Pakistan State Oil (PSO) has imported petroleum products at hefty premiums to meet the country's needs, but this high cost will put an additional burden on oil consumers, who are already reeling from exorbitant fuel prices. Amid US-Israel and Iran war, which has choked the Strait of Hormuz – a critical waterway for oil shipments, Pakistan has paid the highest-ever premium on the purchase of petroleum products, leading to higher oil prices in the country. PSO was paying a maximum prem...
Geopolitical friction drives gold down by Rs4,900
Gold prices in Pakistan retreated significantly on Monday, tracking a sharp downturn in the international market, as global investors navigated a volatile mix of geopolitical tensions and strengthening economic indicators. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs4,900 to settle at Rs501,162. This correction effectively wiped out the gains seen during the previous session on Saturday, when prices had climbed b...
IMF adds 11 new conditions
The International Monetary Fund (IMF) has loaded the $7 billion bailout package with nearly a dozen more conditions, including approval of the new budget by the National Assembly in line with the fund's agreement and amending laws governing special economic and technology zones. The government has committed that parliament would approve the fiscal year 2026-27 budget in line with the IMF staff agreement. This is the second time the government has accepted such a condition under the current...
Pakistan bank deposits hit historic high in March 2026
BusinessMust ReadPakistan bank deposits hit historic high in March 2026By Web Desk-Apr 20, 2026 KARACHI: In a significant milestone for the country’s financial sector, bank deposits in Pakistan have surged to a new record high, reaching Rs 37,505 billion as of March 2026, ARY News reported. According to the latest data released by the State Bank of Pakistan (SBP), the banking sector witnessed a monthly growth of 2.50 percent and a substantial annual increase of 18.60 percent. The central bank’s...
मनमानी की कीमत चुकाएंगे ट्रंप, आज से लौटाएंगे टैरिफ से वसूले गए अरबों डॉलर, क्या भारत पर पड़ेगा असर?
How Middle East war could impact India’s trade and macro stability
NITI Aayog's report highlights the Middle East conflict's potential impact on India's trade and economy, risking the current account deficit and exchange rate. Instability also slows India-GCC FTA talks, hindering market access. Despite global uncertainty, merchandise trade remains steady, with services showing strong performance.
Agricultural tax notifications declared unlawful
Punjab Assembly Speaker Malik Muhammad Ahmad Khan has declared recent government notifications revising agricultural income tax rates as unlawful and ordered an immediate halt to their enforcement, assessments and collections. The ruling came during the 41st session of the Punjab Assembly on a privilege motion moved by MPA Zulfiqar Ali Shah. The Speaker held that the notifications lacked legal validity as they were not presented before the Assembly in accordance with statutory requirements. H...
Germany to fund 40m water project in Faisalabad
A 40 million grant-funded agreement has been finalized between Germany's KfW Development Bank and the Water and Sanitation Agency (WASA) Faisalabad for the implementation of a climate-resilient water supply project aimed at improving infrastructure and service delivery in the city. The agreement, supported by German cooperation, was highlighted at a ceremony held at a local hotel, attended by German Ambassador to Pakistan Ina Lepel as chief guest, while Deputy Commissioner Capt (Retd) Nad...
Braskem Majority Stake Sale by Novonor Advances With Signed Deal
The sale of a controlling stake in Brazilian petrochemicals producer Braskem SA moved forward another step after troubled conglomerate Novonor signed an agreement to sell its shares to a fund backed by asset manager IG4 Capital.
What happens after you miss a debt settlement payment?
MoneyWatch: Managing Your Money What happens after you miss a debt settlement payment? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edi...