Pakistani news for the rest of us

Business - 40

Karachi entrepreneur talks about his fans

“I studied up to intermediate level. Karachi is my birthplace. My father was a trader dealing in general electrical goods. I am married with three sons and a daughter. Presently my children are getting primary level education.” “As I was not interested in any private job so after intermediate I took dealership of fans of [...]

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Pakistani City of Fishermen Set to Become A Major Port in Central Asia

GWADAR, This city of mostly poor fishermen and their families sits on an isthmus between two picturesque bays, its most distinctive feature a flat-topped mountain of rock that extends into the sea like a fortress wall. But by next year Gwadar stands to become one of the most strategic deepwater ports in the region that [...]

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German firm keen to assemble engines in Pakistan

A German firm has expressed its intention to set up manufacturing plant of German engines for heavy trucks and off-road engines and transmissions. To this effect, a delegation of Coastal Dubai, UAE, led by Yousaf Najibi, Chairman Coastal Dubai Sunday called on Acting President Muhammad Mian Soomro in the Parliament House. Najibi informed the Acting [...]

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Nilofer Shahid – ‘Dior of Pakistan’ rides the high tide

UNLIKE MOST in the fashion designer fraternity who dress to “look” their profession, Nilofer Shahid comes across as a surprise. A pleasant one indeed. Dressed in a simple white kurta-pajama matched with a blue stole, this Lahore-based designer does not feel the need to visually announce that she is riding the high tide. But riding [...]

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First Pakistani Laser Research Project to be Launched

The government has decided to launch a project to explore future sources of energy. This will be the first project of its kind in Pakistan. Sources said the Pakistan Atomic Energy Commission (PAEC) has sought huge funding from the government to establish Laser Plasma Interaction Research Laboratory as it warranted “heavy investment” in the shape [...]

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Fast food frenzy for Karachi corporate crowd

Saeed Shafiq, a steel importer senior vice president at the Karachi Chamber of Commerce & Industry likes to dig in to a traditional Pakistani lunch when he takes a break from work at his office on I.I. Chundrigar Road. ‘We are traditionalists and like to eat a heavy lunch with lots of spices,’ says Saeed [...]

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Audio Conference Service Launched

Pakistan Telecommunication (PTCL) has launched a new value added service named Audio Conference, to mainly facilitate its corporate customers, which will allow them to have enhanced connectivity in a more affordable and convenient fashion. [Vice President] giving the details of the new service said that the users of this service could hold an audio conference [...]

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Australian firm to study developing gold mine in Pakistan

Australia’s Tethyan Copper Co Ltd said on Wednesday it will spend its A$10 million ($7 million) cash reserve on completing a feasibility study into developing the first stage of a copper and gold mine in Pakistan. The lode is contained within the larger Reko Diq project and would initially produce about 40,000 tonnes of copper [...]

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Saudi Arabia to employ 20,000 Pakistani doctors

Saudi Arabia is to provide jobs to more than twenty thousand Pakistani Doctors to strengthen all fields of its health sector. The announcement was made in a joint news conference addressed by Saudi Health Minister and his Pakistani counterpart in Islamabad on Tuesday. The Saudi Mminister emphasised to strengthen cooperation in different areas of health [...]

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US firm in contract to develop State Bank software

NetSol Technologies, a developer of proprietary software applications and provider of information technology (IT) services, today announced its wholly-owned subsidiary, NetSol (Pvt) Ltd., has been awarded a new contract by the State Bank of Pakistan (SBP). Under the terms of the contract, which would bring immediate and significant revenues, NetSol will undertake several major software [...]

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