Technology

Business & Commerce Technology
Pakistani fintech entrepreneur wins award
Adnan Ali, the CEO of Avanza Premier Payment Services (APPS) won the “Excellence in Finance Leaders”, award for his significant contribution towards the financial sector, at the FiNext Conference, held in Dubai on February 26 & 27, 2020. The award is not just an individual win, but a milestone for Pakistan, as it signifies recognition of domestic entities and talent on international forums. FiNext Awards are one of the most…
Business & Commerce Technology
Chinese firm set to launch ride-hailing service in Karachi this month
As the fate of both provincial and federal government-funded transportation projects remains uncertain amid the widening gap between demand and supply of adequate transportation facilities, international players are seeing great opportunities in Karachi to expand their businesses. This time round, a Chinese tech giant is set to launch wide-ranging operations in Karachi, including delivery and ride-hailing cab services, with plans to invest $600 million in the country, officials and market…
Technology Women in Limelight
Pakistani scientist invents world’s first eco-friendly aircraft engine
Pakistan is set to unveil the world’s first-generation contrail-free aircraft engine between mid-to-late 2020, the technological marvel’s inventor Dr Sarah Qureshi revealed on Tuesday. Qureshi has been working on the project since 2018 to eliminate the negative impact of commercial air carriers on the stratosphere that contributes to global warming. The Pakistani scientist explained the contrail phenomenon, a visible white streak of smoke emitted from an aircraft’s jet engines during…
Business & Commerce Technology Women in Limelight
Two Pakistanis shortlisted for Commonwealth Youth Awards
Two Pakistanis were among 16 innovators, activists and entrepreneurs from 12 countries that have been shortlisted for the Commonwealth Youth Awards 2020, organisers said on Thursday.A pan-Commonwealth judging panel met last week and selected the top individuals in each of the award’s four regional categories. This year, the awards received more than 500 entries from 40 countries. Of those shortlisted, the top candidate from each region will be named as…
Business & Commerce Technology
Malaysian automaker to start production in Pakistan by first half of 2021
Malaysian auto giant Proton, would open its production facility in Pakistan in the first half of 2021, in Pakistan’s economic hub Karachi. Whereas, Pakistan’s national carrier PIA will be adding a new direct flight destination soon from Lahore to Kuala Lumpur. “Both leaders recalled the symbolic ground breaking of the Proton Assembly Plant jointly officiated in Islamabad on 22 March 2019, and were pleased to note the progress made at…
Business & Commerce Technology
Govt eyes increasing software exports to $10bn
To achieve this target, a 40-acre ‘software city’ will be constructed in Islamabad Prime Minister Imran Khan on Friday chaired a meeting on the information technology sector, wherein it was decided that the government would try to boost software exports to $10 billion. To achieve this target, the meeting decided that a 40-acre software city would be constructed in Islamabad. “All Pakistani organizations will use locally developed software.” According to…
Business & Commerce Technology
Pak Digital Transformation, Economy Summit
To highlight and discuss Pakistan’s potential in digital economy growth, the Global Systems of Mobile Association (GSMA) will hold a high level Summit on February, 25, 2020 at “MWC Barcelona 2020” in Spain, in collaboration with Pakistan Telecommunication Authority (PTA) and Ministry of Information Technology & Telecom (MoIT&T). This was informed by Mr. Julian Gorman, Head of GSMA, APAC in a meeting with Chairman PTA, Maj. Gen. (R) Amir Azeem…
Business & Commerce Technology
Pakistan may be the next big Asian market for tech startups: report
Pakistan may the big Asian market for tech startups according to a report published by Germany’s Deutsche Welle. The report posits that there is growing interest in tech among Pakistan’s young population where the increasing level of local capital being employed in the economy is creating more opportunities for tech entrepreneurs. “Pakistan’s tech ecosystem has been slowly gaining momentum in the last few years,” says Hena Husain, founder of London-based communications startup…