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Tag Archives: Business

World’s richest woman Liliane Bettencourt passed away, left a fortune of $44.7 billion

Liliane-Bettencourt

Liliane Bettencourt was also world’s 14th richest person, died  at the age of 94 World’s richest woman Liliane Bettencourt died  at the age of 94. French businesswoman Liliane was ranked the richest woman in the world with a fortune of $39.5 billion last year. Her daughter Bettencourt-Meyers announced a statement said, “Liliane Bettencourt died this night at home. She would ... Read More »

Huawei surpassed Apple to became second largest smartphone brand

Huawei surpasses Apple to became second largest smartphone brand

Huawei beaten Apple’s global smartphone sales in June and July this year China’s leading smartphone maker Huawei has overtaken its major rival Apple to become the world’s second biggest smartphone manufacturer after Samsung. Huawei is sending iPhone maker into third place for the first time since Blackberry and Nokia ruled the market. According to Hong Kong-based figures from Counterpoint Research, Huawei’s ... Read More »

Turkey gifts tea-processing plant to Pakistan

Turkey gifts tea-processing plant to Pakistan

The plant will be set up in Shinkiari, near Mansehra – Pakistan’s first tea garden where black and green tea is produced Pakistan’s brotherhood country Turkey has gifted an automatic tea-processing plant to provide support the country’s tea-growing efforts based on modern technology. According to the information, Turkey’s Ministry of Food, Agriculture and Livestock has sent a latest automatic tea-processing ... Read More »

Pakistan is the third largest investors in Dubai’s real estate market

Pakistanis spend $817 million on Dubai property in six months

Pakistanis made transactions worth more than Dh7 billion in Dubai’s real estate market Pakistanis have emerged as the third largest real estate investors in Dubai, according to the report reveals Dubai Land Department (DLD). Pakistani nationals were listed at third number after UAE on the lead and India on second position. Pakistanis made 5,398 real estate transactions pumping about AED7 ... Read More »

HBL to close New York operations as regulator seeks $630m penalty

HBL to close New York operations as regulator seeks $630m penalty

HBL got fined for “serious deficiencies” in its anti-money laundering programme spanning Pakistan’s largest private bank Habib Bank Limited announced to wind up its operations in New York after getting $630m penalty notice form United States regulatory department. According to the press release of State Bank Pakistan, HBL New York branch has received a notice of New York State Department of ... Read More »

State Bank of Pakistan offers Easy Loans Scheme for Women Entrepreneurs

State-Bank-Pakistan

Women are central to this growth paradigm, Governor State Bank said State Bank of Pakistan (SBP) has launched “Refinance and Credit Guarantee Scheme for Women Entrepreneurs in Underserved Areas”. The loan scheme will be offered with 0% refinance rate and 60% risk coverage for small businesses. Governor State Bank of Pakistan (NBP) Mr. Tariq Bajwa, addressed the launching ceremony in Quetta, Balochistan. ... Read More »

Samsung heir found guilty of corruption, sentenced to 5 years in jail

Samsung heir found guilty of corruption, sentenced to 5 years in jail

Lee Jae-yong had been charged of giving large donations to foundations run by a close friend for political favours Samsung heir Lee Jae-yong has been jailed by Seoul Central District Court for a massive corruption scandal. Lee Jae-yong was convicted of bribery in a scandal that also saw the impeachment of South Korea’s former president. According to the court in ... Read More »

Elon Musk and other Tech leaders call for global ban on killer Robots

Elon Musk and other Tech leaders call for global ban on killer Robots

Co-founder of Google also asked ban on autonomous weapons Tesla CEO Elon Musk and other tech chiefs asked United Nations to ban killer Robots that could devastate mankind. Elon Musk along with the co-founder of Google’s DeepMind – Mustafa Suleyman has joined more than 100 other tech experts who have signed a petition as United Nations talks on the subject are ... Read More »

How to buy Bitcoins using credit card in Pakistan

bitcoin currency

Interested in buying Bitcoins? Here is how you can buy Bitcoin via credit card This week the price of Bitcoin touched an all-time high of US$4,500 – nearly three times more valuable than an ounce of gold. The surging value makes Bitcoin a hot subject all across the world and many people are searching for options to get this cryptocurrency. So, ... Read More »

Pakistan-Turkey Business Opportunities Conference held in Istanbul

Pakistan-Turkey Business Opportunities Conference held in Istanbul

Over 700 businessmen from Pakistan and representatives of over 150 Turkish companies attended the conference by RCCI ISTANBUL – Many leading businessmen of Pakistan and Turkey participated in the “Pakistan-Turkey Business Opportunities Conference” organized by the Rawalpindi Chamber of Commerce & Industry (RCCI) in collaboration with All Industrialists & Businessmen Association of Turkey (TUMSIAD) in Istanbul. Over 700 businessmen from ... Read More »

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