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With a net worth of $3.8 billion, Shahid Khan tops the Forbes list of the richest Americans of South Asian origin. Overall, Khan ranks 122nd on Forbes 400 list for 2013, up from 179th in 2012.
Born in Pakistani city of Lahore, 63 year old Shahid Khan is a mechanical engineer and a self-made billionaire who built his fortune as a top supplier of bumpers to the auto industry. Khan made history in 2011 by becoming the…
Added by Riaz Haq on September 25, 2013 at 9:30pm — 4 Comments
Pakistan is known to have significant natural gas deposits trapped in the form of methane hydrates in sedimentary rocks off the coast of Baluchistan. Tragic as yesterday's earthquake is in terms of loss of human life, it may also have triggered the release of substantial…
ContinueAdded by Riaz Haq on September 25, 2013 at 8:30am — 8 Comments
NASDAQ IPO of Silicon Valley's cyber security firm Fire-eye has made its Pakistani-American founder Ashar Aziz worth $430 million at the market close on Friday, according an estimate by Forbes magazine.
Added by Riaz Haq on September 23, 2013 at 6:00pm — 8 Comments
FDI is up and load-shedding is down during Prime Minister Nawaz Sharif's government's first 100 days. However, there has been little progress on resolving fundamental issues such as lack of security, growing budget deficits, high current account deficits and continuing heavy subsidies to the power sector and various public sector enterprises like Pakistan Steel Mills, PIA, Railways, etc.
Foreign Inflows Jump:
Prime Minister Nawaz Sharif's first 100 days in…
Added by Riaz Haq on September 20, 2013 at 5:30pm — 19 Comments
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"My working and personal relationship with President Obama is marked by growing trust. I appreciate this. I carefully studied his address to the nation on Tuesday. And I would rather disagree with a case he made on American exceptionalism, stating that the United States’ policy is “what makes America different. It’s what makes us exceptional.” It is extremely dangerous to encourage people to see themselves as exceptional, whatever the motivation. There are big…
Added by Riaz Haq on September 13, 2013 at 6:30pm — 17 Comments
Some argue that the Two Nation Theory died with the 1971 partition of Pakistan that led to the separation of East Pakistan and the creation of Bangladesh. Others say that the TNT (Two Nation Theory) was dead the day Pakistan's founder Quaid-e-Azam Mohammad Ali Jinnah passed away on Sept 11, 1948.…
Added by Riaz Haq on September 11, 2013 at 8:19pm — 21 Comments
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Pakistan is emerging as a major arms supplier to developing countries in Asia and Africa. Azerbaijan, Myanmar, Nigeria and Sudan have all made significant arms purchases from Pakistan in recent years. Azerbaijan expanded its order for JF-17 Thunder Block III multi-role fighter jets from Pakistan from 16 to 40 aircraft. The recent order extends a 2024 contract worth $1.6 billion to modernize Baku’s airborne combat fleet to $4.6 billion. This makes Azerbaijan the largest export customer of…
ContinuePosted by Riaz Haq on October 29, 2025 at 10:30am
The F-1 visas for Pakistani students are soaring amid a global decline, according to the US government data. The US visas granted to Pakistani students climbed 44.3% in the first half of Fiscal Year 2025 (October 2024 to March 2025) with warming relations between the governments of the two countries. The number of visas granted to Indian students declined 44.5%, compared to 20% fewer US visas given to students globally in this period. The number of US visas granted to Pakistani…
ContinuePosted by Riaz Haq on October 19, 2025 at 10:00am — 1 Comment
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