August 28, 2026

Technology

Electric vehicle manufacturing plant

BYD to Setup Electric Vehicle Plant in Karachi: $200 Million Investment Approved

KARACHI — Global electric vehicle giant BYD has finalized a $200 million investment to set up its first assembly plant in Karachi. The Sindh Government has already allotted land near Port Qasim for the facility. This plant will not only provide affordable electric cars and bikes but also offers a permanent solution to high fuel […]

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Glowing 5G network signal graphic

5G Is Here: Mobile Operators Complete Trial Runs in Major Cities of Pakistan

LAHORE / KARACHI — The wait for 5G in Pakistan is nearing its end. Top mobile operators have successfully completed 5G trials in Karachi, Lahore, and Islamabad. According to the PTA, internet speeds of up to 1.5 Gbps were recorded during these trials. Commercial launch is expected next month, set to transform the experience of

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Elon Musk speaking, SpaceX AI startup deal news

SpaceX $60 Billion Deal: Elon Musk Eyes Buyout of Pakistani-Led AI Startup

SAN FRANCISCO / ISLAMABAD — In a proud moment for the Pakistani tech ecosystem, a Silicon Valley-based AI startup co-founded by a Pakistani entrepreneur has reportedly drawn a $60 billion buyout option from Elon Musk’s SpaceX. This development has sent shockwaves through the global tech world, highlighting the immense potential of Pakistani talent in the

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Solar panels installed in open field

Solar Panel Prices Drop 30% in Pakistan: New Green Energy Policy 2026

KARACHI / LAHORE — Good news for domestic consumers as solar panel prices have crashed by 30% across Pakistan following the government’s new “Green Energy Incentive” policy. The policy has removed additional regulatory duties on the latest N-Type solar cells and high-capacity inverters. With electricity tariffs still high, thousands of households are rushing to switch

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Pakistan flag with digital ID graphic

NADRA 2.0: How to Get AI-Powered Digital ID Wallet in Pakistan 2026

ISLAMABAD — NADRA has officially launched “Pak-Identity 2.0,” an AI-integrated digital wallet that eliminates the need for physical CNICs for most government and private services. This new system allows citizens to store their ID, driving license, and educational degrees in a secure, encrypted mobile app. The AI component includes advanced facial recognition to prevent identity

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Telecom equipment representing 5G network

PTCL Returns to Profitability After 4 Years; Announces 5G Launch for Next Month

ISLAMABAD — After years of financial struggle, the Pakistan Telecommunication Company Ltd (PTCL) has officially returned to profitability. In its latest financial briefing, the company credited its turnaround to aggressive digital transformation and infrastructure growth. Along with the profit news, PTCL Group announced that it is set to formally launch 5G services in Pakistan next

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Officials at data center groundbreaking event

Tech Giant Google to Establish Regional Data Center in Pakistan: A $500 Million Milestone

ISLAMABAD / MOUNTAIN VIEW — In a groundbreaking move for Pakistan’s IT sector, Google has officially announced plans to establish its first large-scale regional data center in Islamabad. This $500 million investment is part of Google’s “Digital South Asia” initiative and aims to drastically reduce latency for local users while providing high-speed cloud infrastructure for

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Pakistan flag with digital coin graphic

Pakistan Legalizes Crypto: SBP Enacts Virtual Assets Act 2026

WASHINGTON / ISLAMABAD — In a monumental shift for the nation’s financial landscape, the State Bank of Pakistan (SBP) has officially enacted the Virtual Assets Act 2026. This historic legislation marks the end of ambiguity regarding digital currencies, providing a comprehensive legal framework for the regulation, licensing, and trading of cryptocurrencies. For a country with

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Officials in meeting discussing tech engagement

Aurangzeb Engages Big Tech, US Officials in Washington

WASHINGTON, D.C. — Finance Minister Muhammad Aurangzeb held a series of high-level meetings with global technology and financial leaders on the sidelines of the World Bank–IMF Spring Meetings 2026. The discussions focused on Pakistan’s digital transformation, financial inclusion, and broader economic reform agenda. Google to Open Pakistan Office in July 2026 In a productive meeting

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