Pakistan’s Finance Minister, Ishaq Dar held a meeting in Islamabad with the Egyptian business Tycoon and CEO of an Egyptian company called Eighteen Elite Real Estate, Tarek Hamdy. In this meeting, the Egyptian tycoon revealed his desire to work and invest in Pakistan. He said, Egyptian investors, have long-standing business relations with Pakistan in the …
Tag Archives: Business
Commerce Minister Meets SBP Governor
On Sunday, Federal Commerce Minister, Syed Naveed Qamar met the governor of the State Bank of Pakistan to discuss financial matters. Naveed Qamar discussed the economic issues regarding the stuck-up consignments, the opening of Letters of Credit (LCs), and issues faced by business communities. Governor of the State Bank of Pakistan, Jameel Ahmad assured the …
Reko Diq Project Continues After Court’s Approval
Reko Diq is the world’s largest undeveloped mine of copper and gold which is located in the Chaghai District in Baluchistan, Pakistan. It is the largest mine in the world because it has estimated reserves of 5.4 billion tonnes of copper and gold ore. However, a dispute case stopped the development of this project. But …
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Pakistan Gets $475 Million Loans from ADB
Pakistan became the victim of climate change earlier this year when heavy floods strangle the provinces of Sindh and Khyber Pakhtunkhwa. Abnormal rains, thunderstorms, and melting glaciers all surrounded Pakistan and resulted in immense damage. Due to floods, more than 1700 people died among which many were women and children. Floods damaged countless properties, villages, …
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FTX Founder Sam Bankman Arrested
The founder of the cryptocurrency exchange FTX, Sam Bankman-Fried was arrested in the Bahamas after bankruptcy Sam Bankman-Fried became the biggest name in the cryptocurrency exchange market as he established FTX and build a billion-dollar company. However, things did not go smoothly as expected as the cryptocurrency exchange crashed. Bankman-Fried filed for bankruptcy in the …
World Bank Decides to Give $1.3 Billion to Pakistan
World Bank will provide $1.3 billion to Pakistan to provide agricultural and housing relief for flood-stricken population This year Pakistan faced unprecedented floods that damaged acres of land, people’s properties and took lives of hundreds of people. Ministry of national food and security, Tariq Bashir Cheema revealed that the World Bank has decided to give …
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SBP Governor Ensures Pakistan’s Stability
SBP Governor says that Pakistan has enough dollars to remain stable and avoid default position that everyone fears Governor of State Bank of Pakistan (SBP), Jameel Ahmed assured the nation that Pakistan has enough dollars in its reserves to meet foreign debt obligations. Recently an event took place at Institute of Business Administration (IBA) where …
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Europe’s Top Stock Market is Not London Anymore
London’s stock market has lost its position as the Europe’s top stock market because of struggling economy Britain’s stock market remained the top stock market for many years but now it has been dethroned by French stock market. The economy of UK has been in a turmoil and many UK companies have suffered immense damage …
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ZEM Builders won the ‘Brand of the Year’ award at 33rd RCCI Int’l Achievement Awards
Colombo: ZEM Builders won the ‘Brand of the Year’ award for redefining the real estate industry of Pakistan at the 33rd RCCI International Achievement Awards held in Colombo, Sri Lanka. The awards aim to recognize the efforts of brands and business personalities for contributing to the economy of the country and for creating business opportunities. …
Mastercard Academy: ‘The Entrepreneur’s Odyssey’ Educational Platform to help SMEs
Karachi: From urban kiosks and rural farmers to fashion stores, service providers and entrepreneurs in countless other sectors, the small business segment in the United Arab Emirates has faced unprecedented changes in the wake of the COVID-19 pandemic, further fueled by the rapid acceleration of digital transformation and e-commerce. To support small and medium-sized enterprises …
Renowned businessman Siraj Kassam tell passes away at 67
Karachi: Siraj Kassam Teli, former president of the Karachi Chamber of Commerce and Industry (KCCI), died of Cardiac arrest earlier this morning on Tuesday, 8 December, in Dubai. According to the sources, Teli was admitted at a hospital and was on a ventilator for two days. The news of his demise came to many as …
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Huawei 5G Ecosystem Conference emphasizes Business, Social and Economic Value
Karachi: Huawei, held the sixth annual 5G Ecosystem Conference in the Middle East on the sidelines of GITEX Technology Week 2020 Huawei is no stranger to the people as it’s known as a leading supplier in the world of Information and Communications Technology (ICT) networks and smart gadgets. The conference highlighted innovations relating to the …
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