Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Wed, 12 Dec 2018 07:54:37 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.9 UAE is all set to become the next financial and tech hub http://www.pakistaneconomist.com/2018/12/10/uae-is-all-set-to-become-the-next-financial-and-tech-hub/ http://www.pakistaneconomist.com/2018/12/10/uae-is-all-set-to-become-the-next-financial-and-tech-hub/#respond Sun, 09 Dec 2018 19:58:59 +0000 http://www.pakistaneconomist.com/?p=23166 No.1 passport UAE has overtaken Singapore and Germany as the country with the world’s most powerful passport. According to Passport Index, UAE passport holders are now able to gain entry to 167 countries without obtaining a prior visa — 113 countries visa-free, and another 54 using visas on arrival. The UAE passport was on 27th …

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Whopping economic ties between Pakistan and the UAE http://www.pakistaneconomist.com/2018/12/10/whopping-economic-ties-between-pakistan-and-the-uae/ http://www.pakistaneconomist.com/2018/12/10/whopping-economic-ties-between-pakistan-and-the-uae/#respond Sun, 09 Dec 2018 19:57:28 +0000 http://www.pakistaneconomist.com/?p=23203 It was way back in 2011 when the United Arab Emirates (UAE) held first-ever single-country exhibition in Karachi, Pakistan. The basic reason for the event was to increase bilateral trade and business opportunities for the investors of both the brotherly countries. During the event it was emphasized that the UAE was second largest investor in …

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UAE vision 2021 – a path to be on the global stage http://www.pakistaneconomist.com/2018/12/10/uae-vision-2021-a-path-to-be-on-the-global-stage/ http://www.pakistaneconomist.com/2018/12/10/uae-vision-2021-a-path-to-be-on-the-global-stage/#respond Sun, 09 Dec 2018 19:56:47 +0000 http://www.pakistaneconomist.com/?p=23214 UAE Vision 2021 was launched by H. H. Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates (UAE) and Ruler of Dubai in 2010. The Vision aims to make the UAE among the best countries in the world by the Golden Jubilee of the Union. In order to translate …

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Ihsan Trust – contributing in nation’s building http://www.pakistaneconomist.com/2018/12/10/ihsan-trust-contributing-in-nations-building/ http://www.pakistaneconomist.com/2018/12/10/ihsan-trust-contributing-in-nations-building/#respond Sun, 09 Dec 2018 19:55:51 +0000 http://www.pakistaneconomist.com/?p=23255 Ihsan Trust founded (registered) on 07th day of January 2010 is a non-profit organization, established with the aim of providing financial assistance for Medicare facilities, Islamic Microfinance, Immediate Relief to the affectees of any natural disaster/calamity, Rehabilitation and other community building services and above all, the Interest Free Loan (Qarz-e-Hasna) facility to the needy students …

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Prime Khalifa Refinery: hoping to reap benefits http://www.pakistaneconomist.com/2018/12/10/prime-khalifa-refinery-hoping-to-reap-benefits/ http://www.pakistaneconomist.com/2018/12/10/prime-khalifa-refinery-hoping-to-reap-benefits/#respond Sun, 09 Dec 2018 19:54:07 +0000 http://www.pakistaneconomist.com/?p=23210 Khalifa Coastal Oil Refinery (KCR) project a mega oil refinery planned in Pakistan and almost one of the largest investments in the country which can help meet local demand and export the rest of refined petroleum products facing difficulty in completion and in danger of suspension but hopefully the eager negotiations keeping the project to …

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Future of urbanization – developing new cities http://www.pakistaneconomist.com/2018/12/10/future-of-urbanization-developing-new-cities/ http://www.pakistaneconomist.com/2018/12/10/future-of-urbanization-developing-new-cities/#respond Sun, 09 Dec 2018 19:53:17 +0000 http://www.pakistaneconomist.com/?p=23171 Centuries back the location of towns and cities, at least superficially, seemed to be largely determined by the preferences of kings, princes, generals and other political and military leaders of society. Cities were never just parasitic; most have always added at least some economic value. Refer back to the time when Islam flourished, Makkah was …

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Expo 2020 in UAE: connecting minds, creating the future! http://www.pakistaneconomist.com/2018/12/10/expo-2020-in-uae-connecting-minds-creating-the-future/ http://www.pakistaneconomist.com/2018/12/10/expo-2020-in-uae-connecting-minds-creating-the-future/#respond Sun, 09 Dec 2018 19:52:54 +0000 http://www.pakistaneconomist.com/?p=23162 In less than two years time, Expo 2020 Dubai will welcome the international community to the UAE for a six-month celebration of human ingenuity and progress, allowing millions of people to experience the world in one place. The upcoming Expo 2020 will be a global celebration of the UAE. A total of 190 countries have …

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Government should not become hostage of sugar cartel http://www.pakistaneconomist.com/2018/12/10/government-should-not-become-hostage-of-sugar-cartel/ http://www.pakistaneconomist.com/2018/12/10/government-should-not-become-hostage-of-sugar-cartel/#respond Sun, 09 Dec 2018 19:51:23 +0000 http://www.pakistaneconomist.com/?p=23199 Sugar cartel has refused to commence cane crushing on the pretext that sugarcane price fixed by the government is high and also demanded some incentives to facilitate them in competing in the global markets. The delay is likely to adversely affect sugarcane growers, who are already suffering due to delay in payment by the millers. …

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Vocational training translates into more foreign remittances for Pakistan http://www.pakistaneconomist.com/2018/12/10/vocational-training-translates-into-more-foreign-remittances-for-pakistan/ http://www.pakistaneconomist.com/2018/12/10/vocational-training-translates-into-more-foreign-remittances-for-pakistan/#respond Sun, 09 Dec 2018 19:50:00 +0000 http://www.pakistaneconomist.com/?p=23201 There are more than two million Pakistanis working in the United Arab Emirates which is one of the leading sources of remittances for Pakistan. Pakistan needs more and more skilled work force not only within the country but also for earning foreign exchange through the efforts of the overseas Pakistanis. PAKISTAN & GULF ECONOMIST visited …

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Shell’s energy transition scenario for climate change impact http://www.pakistaneconomist.com/2018/12/10/shells-energy-transition-scenario-for-climate-change-impact/ http://www.pakistaneconomist.com/2018/12/10/shells-energy-transition-scenario-for-climate-change-impact/#respond Sun, 09 Dec 2018 19:49:29 +0000 http://www.pakistaneconomist.com/?p=23180 As the population around the world increases, along with the number of vehicles and industries, the demand for energy is also growing rapidly. According to research reports, Pakistan has over 23 million vehicles on the road, with the number growing significantly with each passing year. Approximately 7,500 new motorcycles are sold every day in Pakistan …

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