Hema Chain to be sold to Belgian investor

Hema Chain to be sold to Belgian investor

The Dutch chain of stores, Hema, is soon to become Belgian, according to information in the Dutch newspaper, De Telegraaf, reported on Wednesday by De Standaard. Brussels investor Core Equity Holdings is reportedly close to concluding an acquisition agreement, the Dutch newspaper reported four sources from the financial and distribution sectors as confirming. An oral accord on the broad lines of the operation have been reached, according to two of the sources. The actual signature should occur in the next few weeks, the other sources said. For Hema, which is…

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Belgium and Pakistan looking to increase bilateral trade

Belgium and Pakistan looking to increase bilateral trade

On Tuesday 8 May, Pakistan’s Ambassador to Belgium, Mrs Naghmana Alamgir Hashmi, addressed a large audience of Belgian and Pakistani business people and government officials at a business conference in Brussels. The conference was hosted by the Rawalpindi Chamber of Commerce and Industry. Mrs Hashmi highlighted the growth in trade between Belgium and Pakistan in recent years, up 38% from 2013 and currently standing at €470 million. “It’s not random but due to important developments that has enabled the space for trade to grow”, the Ambassador emphasised. The Pakistani economy…

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