ISLAMABAD — To combat the ongoing energy crisis and promote green energy, the Federal Government has announced a complete tax exemption on the import of solar cells and raw materials. This move is expected to reduce the cost of locally assembled solar panels by 25-30%. The Ministry of Energy stated that the goal is to […]
Solar Energy Tax Relief: Government Announces Zero-Duty on Imported Solar Cells Read More »
ISLAMABAD — In a massive boost for the local entrepreneurship ecosystem, Saudi Arabia and Pakistan have officially signed a $500 million “Tech Investment Fund” during the Pak-Saudi Business Forum. This fund is specifically designed to support early-stage startups in AI, Fintech, and Agri-tech. This partnership aims to bridge the gap between Middle Eastern capital and
Saudi-Pakistan Tech Deal: $500 Million Investment Fund Launched for Local Startups Read More »
In a monumental move for the country’s digital landscape, Google has officially announced the establishment of its first “Cloud Region” in Pakistan. This infrastructure will allow local businesses, government agencies, and start-ups to store and process data within national borders, significantly reducing latency and enhancing security. IT experts believe this move will attract billions in
Google Cloud Pakistan Launch: Tech Giant to Setup First Cloud Region in Islamabad Read More »
KARACHI — Following the recent passage of the Gig Workers Rights Bill, Pakistan’s software and IT-enabled services (ITeS) exports have hit a historic high of $4.5 billion. The Ministry of Information Technology reported a 35% year-on-year growth, driven by increased international confidence in Pakistani talent and the streamlined tax processes for freelancers. Large-scale software houses
Pakistan IT Exports Record: Software Exports Cross $4.5 Billion Mark in 2026 Read More »
KARACHI — The State Bank of Pakistan (SBP) has officially entered the pilot phase of its Central Bank Digital Currency (CBDC), titled “Pak-Digital.” Selected commercial banks have begun testing the digital rupee for inter-bank settlements and retail micro-payments. This move aims to reduce the circulation of physical currency, combat document forgery, and bring millions of
SBP Digital Rupee Update: State Bank Initiates Pilot Phase for “Pak-Digital” Currency Read More »
THAR / BERLIN — Pakistan has signed a massive $1.2 billion agreement with a German energy consortium to launch a Green Ammonia production plant in Thar. By utilizing solar and wind power, the facility will produce carbon-free hydrogen, positioning Pakistan as an emerging player in the global green fuel market. This project aims to decrease
Thar Coal to Hydrogen: Pakistan Inks $1.2 Billion Deal for Green Ammonia Project Read More »
ISLAMABAD — The Competition Commission of Pakistan (CCP) has given the final green light for the historic merger between PTCL Group (Ufone) and Telenor Pakistan. This creates the country’s largest telecom entity with a combined subscriber base of over 70 million. The merger is set to accelerate the infrastructure rollout for 5G services across Pakistan,
ISLAMABAD — In a landmark move for the digital economy, the Senate of Pakistan has unanimously passed the Gig Workers Rights Bill 2026. This legislation officially recognizes freelancers and platform-based workers as part of the formal labor force. The bill ensures mandatory health insurance, simplified tax filing, and a dedicated dispute resolution center for digital
ISLAMABAD / RISALPUR — In a landmark moment for national defense, the Pakistan Air Force (PAF) has officially inducted the first squadron of JF-17 Block IV fighter jets. This latest variant features state-of-the-art AESA radar and long-range PL-15 missile compatibility, making it a formidable 4.5-generation fighter. During the induction ceremony, the Air Chief emphasized that
Pride of Pakistan: First Batch of JF-17 Block IV Fighter Jets Officially Joins PAF Fleet Read More »
ISLAMABAD — A major revolution is underway in Pakistan’s education system! Meta (Facebook) has announced, in partnership with the Ministry of IT, the launch of “Metaverse Classrooms” across 50 public and private universities in Pakistan. Under this project, students will be able to attend live sessions with experts from around the world using VR (Virtual
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