Apple planning three new iPhone models this year

London. Apple Inc is planning to release three new iPhone models this year, including a device to succeed the newly-created XR model, the Wall Street Journal reported, citing unidentified people familiar with the matter. Apple will include a high-end model in its line-up that features three cameras on its back, up from the current two, […]

Ghosn hit with more charges, release unlikely

TOKYO Tokyo prosecutors on Friday filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be leaving his jail cell soon. Lawyers for the former jet-setting executive filed a bail application hours later, but have acknowledged that he will probably be detained until a trial. […]

Egypt’s inflation stays on target after monthly price plunge

Cairo Egypt’s inflation stayed within the central bank’s target range for a second month after the biggest monthly decline in at least over a decade. Consumer prices in urban parts of Egypt slipped 3.4 per cent in December from November, according to data released Thursday by the state statistics agency, CAPMAS. The annual rate slowed […]

US consumer prices post first drop in nine months

WASHINGTON US consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and health care costs rose steadily. Overall, the report from the Labor Department on Friday pointed to moderate inflation, which could support recent statements by Federal […]

Differences Between an Offshore and a Free Zone Company

What is offshore company? A lot of people mistake a Free Zone company for an Offshore Company and vice versa. This is because of some major similarities like the fact that they can both be owned fully (100%) by an expat without having to associate with a local sponsor and the fact that both companies […]

Pakistan eyes investment pacts with UAE, Saudi Arabia

ISLAMABAD: Pakistan expects to sign investment agreements with Saudi Arabia and the United Arab Emirates in the coming weeks, the prime minister’s office said, as Islamabad builds on its ties with states that have recently lent it billions of dollars. A memorandum of understanding was expected with Saudi Arabia this month, with an investment framework […]