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Tag Archives: Business

Pakistan launches its first Artificial Intelligence incubator

Artificial-intelligence

VC Information Technology University Pakistan’s first “ADDO AI” incubator in Lahore Pakistan’s first Artificial Intelligence Advisory and Incubator, ADDO AI Pakistan has been launched on Thursday at Information Technology University, Lahore. The first project of Singapore based artificial intelligence incubator’s launch in Lahore, the AI incubator will also connect Pakistan with Singapore’s AI startups. Dubai and Mumbai launching will be made ... Read More »

PayPal and AliPay to be launched in Pakistan soon

alipay-vs-paypal

Pakistan opening up to online payment systems like PayPal and AliPay As international investors seeks to deploy their business in Pakistan’s market especially in China Pakistan Economic Corridor (CPEC), Pakistan government realised the absence of e-commerce payment gateways in Pakistan. IT minister Anusha Rehman said Pakistan is set to invite global online payment giants PayPal and Alibaba to offer their services ... Read More »

Alibaba all set to enter Pakistan after signing first MoU

Alibaba all set to enter Pakistan after signing first MoU

Alibaba Group’s Executive Chairman, Jack Ma and PM Nawaz Sharif witnessed the signing ceremony Pakistan signed a Memorandum of Understanding with Alibaba Group Holdings Limited on Tuesday to improve country’s global exports by Small and Medium Enterprises (SMEs) through e-commerce. The agreement between Alibaba and Trade Development Authority of Pakistan (TDAP) was signed by Commerce Minister Khurram Dastgir and Michael Evans, President ... Read More »

Uber confirms $500 million investment in Pakistan

Uber confirms $500 million investment in Pakistan

Uber aims to create over 250,000 economic opportunities for Pakistanis Uber is committing US$500 million investment to growing its operations in Pakistan. This financial backing is supported and accelerated by the arrival of Uber’s Head of Europe, Middle East and Africa, Pierre-Dimitri Gore-Coty this week. The Uber team and Gore-Coty met with the Chairman Federal Board of Investment Dr. Miftah ... Read More »

Karandaaz launches FinTech Challenge 2017 with funding of up to $100,000

fintech disrupt

Karandaaz is inviting FinTech startups to pitch their innovative ideas and win funding support of up to $100,000. The FinTech Disrupt Challenge 2017 has been announced by Karandaaz Pakistan, in partnership with IBA Aman Center for Entrepreneurial Development. Karandaaz is inviting FinTech startups to pitch their innovative ideas and win funding support of up to $100,000. Grants will be given to the ... Read More »

Digital Banks to be soon launched by State Bank of Pakistan

Digital Banks to be soon launched by State Bank of Pakistan

Branchless banking will gain recognition in Pakistan with the opening of all-digital banks State Bank of Pakistan (SBP) is currently working on the mechanism to launch digital banking services in Pakistan. According to the Executive Director of SBP, Syed Irfan Ali, the new category of banking services will provide more people with access to banking services. “Move will help achieving the ... Read More »

Alibaba officials visit Pakistan to explore entry into local e-commerce industry

Alibaba officials visit Pakistan to explore entry into local e-commerce industry

Chinese e-commerce giant Alibaba expresses interest in investing in Pakistan A delegation of the global technology giant, Ali Baba, is currently visiting Pakistan to discuss plans for investment in Pakistan’s e-commerce sector. Alibaba is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. It also provides electronic payment services, a shopping search engine and ... Read More »

Pakistan Stock Exchange Limited partners with PITB to promote startups

Pak Stock Ex and PITB

Pakistan Stock Exchange and Punjab Information Technology Board sign MoU to facilitate technological entrepreneurship Pakistan Stock Exchange and Punjab Information Technology Board have joined hands to encourage technological entrepreneurship and provide a nurturing ecosystem for the growth of technology startups in the country. During the ceremony PSX Managing Director Nadeem Naqvi and PITB Chairman Umar Saif signed a Memorandum of ... Read More »

Pakistan-Shanghai Cooperation Organization Business Council launched

Pakistan-Shanghai Cooperation Organization Business Council launched

SCO is an emerging regional alliance of countries to safeguard security and promote for peace, prosperity, and development Pakistan-Shanghai Cooperation Organization Business Council was launched in an impressive ceremony in Islamabad. The launching ceremony was attended by ambassadors of China, Russia, Tajikistan, Kyrgyz Republic, Uzbekistan, Tunisia, Nepal, Yemen and Portugal ambassadors for Pakistan. Representative Ambassadors of Permanent Member Countries of ... Read More »

French delegation visits Pakistan to explore business opportunities

French delegation visits Pakistan to explore business opportunities

French companies keen to invest in Pakistan. France eyes business opportunities offered under CPEC A 21-member delegation of French Business Confederation (MEDEF) is currently on a three-day (April 4-6, 2017) visit to explore business, trade and investment opportunities in Pakistan. Mr. Thierry Pflimin, Chairman of France-Pakistan Business Council of MEDEF is heading the delegation. “We have identified the fields of ... Read More »

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