TechLahore

Let the good times roll! The KSE is rocketing north once more, foreign exchange remittances by Pakistanis abroad are hitting all time highs and property deals are happening left, right and center. The Pakistani economy is booming, baby! I was thrilled to see a recent announcement by the much respected Defence Housing Authority, Lahore, concerning [...]

There is little doubt in the fact that the UAE and Pakistani economies are increasingly inter-twined. On this very blog, we’ve talked about substantial UAE investments in Pakistan, in particular in real-estate, Banking and Telecommunications. And of course, in one of the most important new projects under construction in Pakistan, the $5BN Khalifa Refinery. This, [...]

The on-again-off-again Saudi oil program for Pakistan has finally come through. And it came with dessert; another $4BN in investment. During his latest visit to Riyadh, President Zardari met with King Abdullah and the two finally shook on it. The formal announcement will take place on the 17th of November at the “Friends of Pakistan” [...]

Mansour Bajwa, Commercial Counselor for Pakistan in Dubai, was quoted in this story highlighting the rapid growth in exports from Pakistan to the UAE. “Pakistan is also increasing exports of [..] IT software products, particularly to the UAE“, he said. Pakistani software shops have been developing solutions for UAE companies for many years now, but [...]

There’s this amazing new building coming up in Dubai. You can write an article a week that starts with that sentence, but be talking about a different structure piercing the heavens above the United Arab Emirates. The amount of architectural innovation stemming from the increasingly audacious projects being pursued in Dubai is staggering. The Burj al [...]

All the major newspapers are carrying this story, but we’ll quote The News here. There has been an increase of about 20% in the foreign exchange inflows to Pakistan during July-April 2007-08 as compared to the same 10 month period during Financial Year 2006-07. These inflows include remittances by Pakistanis working abroad. The biggest percentage [...]