Tag Archives: Business

ADB approved $800m investment to improve Pakistan’s regional connectivity

ADB approved $800m investment to improve Pakistan's regional connectivity

Investment will expand Pakistan’s regional connectivity and improve traffic efficiency The Asian Development Bank (ADB) has approved a five-year package worth $800 million for Pakistan to link Central Asia with China. The investment project will help to improve regional connectivity and trade in the Central Asia Regional Economic Cooperation (CAREC) corridor in Pakistan. According to a press release by the ... Read More »

Google celebrated its 19th birthday with Doodle games

Google celebrated its 19th birthday with Doodle games

Birthday doodle spinning wheel, allows the user to play 19 games, including the classic Pac-Man and Snake Internet giant Google today celebrated its 19th birthday is showing everyone a cute, celebratory doodle on 27 September to mark the company’s coming-of-age. Google’s latest Doodle for birthday anniversary surprise spinner that takes players back to its most memorable Doodle games. The doodle ... Read More »

Twitter aims to boost appeal with new 280-character tweet limit

Twitter says this major shift aims to address “a major cause of frustration” of many users Twitter – social networking service is testing allowing tweets to be expanded to 280 characters—double the existing limit—in the latest effort to boost flagging growth at the social network. Chief executive of the company  Jack Dorsey fired off what may be one of the first expanded ... Read More »

Xiaomi’s Smart Bedroom lets you control everything without moving

Xiaomi and Aqara Smart Bedroom are available on TMall with a price tag of $114 After successfully gaining popularity in the world of smart phone, smart computer and smart watch technology giants has turned towards “Smart Bedroom Set” which shows Technology domination in every aspect of our lives. The Chinese company, Xiaomi and its partner Aqara has announced a new product ... Read More »

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

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

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 »

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