HIMALAYAN NEWS SERVICE
KATHMANDU: MEX has introduced two new products — Platinum and Palladium — and one contract — small gold — for providing variety of products to the market. The contract size of both Platinum and Palladium is 1,000-gm and small gold is 100-gm, said the commodity exchange that has fixed the initial margin for the platinum, palladium and small gold is Rs 100,000, Rs 50,000 and Rs 12,000, respectively. The trading timing for all the contracts will be from 04:45am to 03:45 am next day for a period of 23 hours, said company.
Qatar to fly to Shiraz
KATHMANDU: Qatar Airways on Monday announced plans to launch flights to the southern Iranian city of Shiraz. The airline will commence twice weekly flights from its Doha hub to Shiraz International Airport from June 5. Shiraz will become the airline’s 101st global destination and third route to Iran. The carrier already operates double daily services to the capital city of Tehran and five-flights-a-week to Mashad in northern Iran. News of the new route further enhances Qatar Airways’ commitment to Iran, where it first began operating services in 2004 with the launch of the Tehran route, followed a year later by Mashad.