PakAlumni Worldwide: The Global Social Network

The Global Social Network

September 2013 Blog Posts (6)

Pakistani-American Richest Among South Asians in America

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…

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Added by Riaz Haq on September 25, 2013 at 9:30pm — No Comments

Pakistan Quake Sets Off Massive Offshore Gas Deposits

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…

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Added by Riaz Haq on September 25, 2013 at 8:30am — 8 Comments

Pakistani-American's High-Tech Company Goes Public in New York

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.



The high-tech company priced its initial public offering of 15.2 million…
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Added by Riaz Haq on September 23, 2013 at 6:00pm — 8 Comments

FDI Rises, Loadsheddig Declines in Prime Minister Nawaz Sharif's First 100 Days

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…

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Added by Riaz Haq on September 20, 2013 at 5:30pm — 19 Comments

Is American Exceptionalism Justified?



"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…
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Added by Riaz Haq on September 13, 2013 at 6:30pm — 14 Comments

Is Jinnah's Two Nation Theory Dead?

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.…



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Added by Riaz Haq on September 11, 2013 at 8:19pm — 16 Comments

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    Blog Posts

    Asad Umar's Exit: Causes and Effects on Pakistan Economy

    Who removed Pakistan Finance Minister Asad Umar and why? What was expected of him? Did he fail to deliver it? What are the qualifications of Dr. Hafeez Shaikh who has been picked to replace Asad Umar? Is he better suited to deliver a deal with IMF and other international financial institutions?…

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    Posted by Riaz Haq on April 22, 2019 at 8:00pm

    OPEN Forum 2019: Pakistani Entrepreneurs Summit in Silicon Valley

    OPEN Forum 2019 drew hundreds of Pakistanis and Pakistani-Americans to Santa Clara Convention Center in Silicon Valley on Saturday April 20, 2019.  This year's conference featured a keynote by Karachi-born Mudassir Sheikha, co-founder of …

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    Posted by Riaz Haq on April 21, 2019 at 9:00am

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