ISLAMABAD: A BS-22 officer at the Federal Board of Revenue’s (FBR) Inland Revenue Service Nausheen Javaid Amjad was appointed acting chief after Shabbar Zaidi applied for leave citing health reasons, said an official notification.—Staff Reporter

Amazon’s Bezos’ net worth rises to $124.2bn

KARACHI: Amazon.com billionaire Jeff Bezos’s fortune swelled to $124.2 billion on Friday as shares of his technology company surged 7.4 per cent.

The jump in billionaire’s net worth came a day after the largest US e-commerce company stunned investors with a fourth-quarter profit that far exceeded Wall Street estimates.

Bezos’ net worth climbed $9.3bn through the first month of the year, according to the Bloomberg Billionaires Index.— Staff Reporter

Dada elected OICCI president

KARACHI: Standard Chartered Chief Executive Officer Shazad Dada was elected president of the Overseas Investors Chamber of Commerce and Industry (OICCI) for 2020 term on Friday.

Shell Pakistan Ltd Managing Director Haroon Rashid was elected unopposed vice-president of the chamber.—Staff Reporter

Published in Dawn, February 2nd, 2020