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CPEC opens new era of development and opportunities for the entire region

PM Nawaz Sharif addressing the gathering at occasion of CPEC Summit 2016 in Islamabad on 29 August 2016. Photo: PID

The China-Pakistan Economic Corridor (CPEC) Summit and Expo 2016, opened in Islamabad on 29 August 2016, offered a platform for exchange of ideas and opened new avenues for businesses opportunities and people-to-people linkages between Pakistan and China – all-weather friends. The CPEC will open doors to immense economic opportunities not only to Pakistan but will act as a bridge for ... Read More »

Pakistanis spend $817 million on Dubai property in six months

Pakistanis spend $817 million on Dubai property in six months

Pakistanis are amongst the top 3 property investors in UAE during the first half of 2016 Pakistanis bought property worth three billion United Arab Emirates (UAE) dirhams (around US $816 million) in Dubai during the first half of 2016. These numbers put Pakistan just behind Indians and Britons who invested Dh7 billion and Dh4 billion in real estate in UAE ... Read More »

12th World Islamic Economic Forum begins in Indonesia

12th World Islamic Economic Forum begins in Indonesia

Be Careful with innovation based on greed, it is the government duty to make sure that each innovation can bring benefits to the people: Indonesian President Jokowi Widodo JAKARTA (Indonesia) – The 12th World Islamic Economic Forum (WIEF) began in the Indonesian capital Jakarta. Indonesian President Jokowi Widodo opened the 12th World Islamic Economic Forum, urging the Muslim community to use ... Read More »

Pakistan stocks boost after qualifying for MSCI Emerging Markets Index

Pakistan stocks boost after qualifying for MSCI Emerging Markets Index

Analysts and brokers in Pakistan said inclusion in emerging markets group will lead to significant foreign investment inflows, considering the size of the index Pakistan Stock Exchange’s benchmark index surged 2.78%, or 1,042 points, to close at a record of 38,559.87 points on Wednesday after Pakistan managed to qualify for the key MSCI Emerging Markets Index. Asia’s best-performing share market of 2016 ... Read More »

Qatar buys Singapore Tower for record $2.5 billion

Qatar buys Singapore Tower for record $2.5 Billion

The acquisition of Asian Square Tower 1 by Qatar marks the largest single tower real estate transaction in Asia Pacific and second-largest single-tower real estate deal globally SINGAPORE – Asia Square Tower 1 in Singapore has been sold by a BlackRock-advised fund to the Qatar Investment Authority (QIA) for about S$3.4 billion ($2.45 billion). John Saunders, managing director and the ... Read More »

Pakistan and United States to boost business linkages

Pakistan and United States to boost business linkages

Fourth U.S.-Pakistan Business Opportunities Conference held in New York NEW YORK (United States) – Pakistani and U.S. government leaders and business experts expressed hope that economic cooperation and investment relations between the two countries will further strengthen. The U.S.-Pakistan Business Opportunities Conference 2016 will further boost linkages between US and Pakistani businesses, experts believed. The Government of the United States and ... Read More »

GE and Engro alliance to bring digital power plant solutions to Pakistan

GE and Engro alliance to bring digital power plant solutions to Pakistan

General Electric and Engro sign digital industrial alliance to accelerate transformation of Industries and support digital industrial growth throughout Pakistan and the Region ISLAMABAD –  General Electric (GE) and Engro Corporation Limited have signed a digital strategic alliance, which will focus on providing digital power plant solutions to enable Pakistan’s power generation sector to advance towards mature technologies and become ... Read More »

Pakistan Govt. urged to support entrepreneurs and emerging startups

Pakistan Govt. urged to support entrepreneurs and emerging startups

Pakistani entrepreneurs say there is no appreciation for social entrepreneurship at the policy level in Pakistan, nor a mechanism to determine the social impact of business ventures ISLAMABAD – Pakistan government has failed to acknowledge the potential of startups in generating economic growth in the country which is why the entrepreneurship eco-system in Pakistan remains largely ignored, experts highlighted at ... Read More »

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