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Saudi Arabia, renowned for its expansive deserts, has turned to Australia to meet its sand and camel demands. The unusual trade stems from specific needs that Saudi Arabia’s native resources cannot fulfill. The imported sand from Australia is used for specialized construction projects, as the fine, smooth texture of Saudi desert sand is unsuitable for […]
Saraaf has made history on Shark Tank Pakistan by securing the biggest deal in the show’s history. The company raised Rs. 1.5 billion, comprising Rs. 800 million for 20% equity and Rs. 700 million as a line of credit with a 3% royalty. Saraaf aims to become Asia’s largest B2B commodity sourcing platform, connecting Central […]
According to Rainmatter’s Dilip Kumar, India’s quick commerce and food delivery platforms Swiggy, Zomato, Blinkit, and Zepto collectively generated a remarkable revenue of Rs 35,000 crore last year. That’s equivalent to Rs 115,000 crore in Pakistani currency, underscoring the scale of India’s booming startup scene, where founders are turning into billionaires. Kumar, an investor with […]
Saudi Arabia’s well-known fast-food chain, Al Baik, is set to debut in Pakistan, Information Minister Attaullah Tarar announced on Saturday. Speaking to reporters in Lahore, Tarar highlighted the growing Saudi investments in Pakistan, noting that agreements between the two nations now surpass $6 billion. Tarar shared that Al Baik’s entry marks another milestone in the […]
French and Dutch authorities conducted raids at Netflix offices in Paris and Amsterdam on Tuesday as part of an ongoing tax fraud investigation, according to a judicial source. The probe, which began in November 2022, focuses on suspicions that Netflix may have concealed tax liabilities and engaged in off-the-books operations in France and the Netherlands. […]
Pakistani-American entrepreneur and social media star Shahid Anwar has launched his latest product, Shilajit Energy Drink, in four flavors. The official Shilajit Energy Drinks account, which teased the product in April 2024, has 57.1K followers. The energy drink is now available for purchase on Amazon and Etsy for about US$33.99 and is priced at around […]
Pakistan, a country known for its rich cultural heritage and diverse economic landscape, finds itself heavily reliant on imported gold. This dependency on external sources has a direct impact on the domestic gold market. Gold rates in Pakistan today As international markets witness fluctuations in gold prices, Pakistan experiences a corresponding shift in its local […]
Zhang Yiming, the 41-year-old founder of ByteDance, has become China’s richest person, with a personal wealth of $49.3 billion, according to the latest Hurun China Rich List. This makes Zhang the 18th person to hold this title since the list’s inception 26 years ago. Zhang surpassed Zhong Shanshan, the bottled water tycoon, whose wealth declined […]
A graduate of Karachi University’s Class of 1988, Sami now leads one of the world’s largest fast-food chains, KFC, after a career spanning over three decades in consumer goods and hospitality. His diverse experience includes key roles with Procter & Gamble, Coca-Cola, Reckitt Benckiser, and Yum! Brands. Sami’s journey with KFC began in 2009, where […]
As we look toward the future, the global economic landscape is projected to shift significantly by 2075. Emerging economies from Africa and Asia are set to rise alongside established powerhouses, changing the traditional global hierarchy. Below are the names of the top 10 largest economies projected by 2075 based on GDP estimates. 1. China China […]
