Devsinc Acquires Alchemative Group to Expand in Booming Regional Ecommerce Market
Devsinc, a Pakistani IT company, acquires Alchemative Group, a leader in ecommerce and digital retail solutions, to capitalize on the growing regional market.
Pakistan
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Katalyst Labs Hosts +92Disrupt Conference to Empower Pakistan’s Tech Startups
Katalyst Labs hosted the two-day +92Disrupt conference, gathering tech startups, investors, and industry experts to discuss Pakistan’s IT and fintech potential. The event showcased the country’s youth-driven innovation, with discussions on AI and fintech, along with an AI Challenge competition won by a female team from NED University.
Mobile Phone Manufacturers Call for Localisation Policy, Price Reduction, and Smuggling Control to Boost Industry
Mobile phone manufacturers in Pakistan are calling for a localisation policy, price reduction, and control of cellphone smuggling to boost the local industry. With 36 assembly units meeting 95% of market demand, they emphasize the importance of duty adjustments on raw materials and finished products to enhance local manufacturing and exports.
Pakistan to Benefit from Modern Undersea Cable, Improving Internet Speeds and Connectivity
Pakistan is set to benefit from an advanced undersea cable that will enhance internet speeds and connectivity, especially for social media and online services. The 45,000-kilometer cable, part of the 2Africa Pearls project, is set to improve internet performance, addressing current slow speeds and outages.
Jazz Wins ‘Best Operator in a Growth Market’ Award at World Communication Awards 2024
Jazz has been awarded the ‘Best Operator in a Growth Market’ at the World Communication Awards 2024 for its role in expanding digital access in Pakistan. The company’s efforts in digital transformation, mobile banking, and connectivity have significantly contributed to bridging the digital divide and fostering socio-economic growth.
Sharjah-Pakistan Business Roundtable Strengthens Bilateral Ties and Investment Opportunities
The Sharjah-Pakistan Business Roundtable gathered over 200 investors to explore investment opportunities across various sectors, including manufacturing, trade, and green-tech. The event aimed to strengthen economic ties between Sharjah and Pakistan, providing a platform for businesses to collaborate and expand within Sharjah’s thriving investment ecosystem.
Pakistan’s Mobile Phone Imports Decline as Local Production Surges
Local manufacturing and assembly of mobile phones significantly increased, with 22.59 million units produced in the first nine months of 2024.
Pakistan and Oman Strengthen IT and Telecom Collaboration Ahead of Comex 2025
Shaza Fatima Khawaja, Pakistan’s Minister of State for IT and Telecommunication, met with an Omani delegation to discuss collaboration in the IT and telecom sectors and preparations for Comex 2025. The event is seen as an opportunity for Pakistan to showcase its tech capabilities and enhance bilateral ties in these sectors.
Zong 4G Reaches 7 Billion Monthly Digital Recharge Transactions in Pakistan
Digital recharges now account for 40% of Zong’s total prepaid recharges, demonstrating the success of its digital strategy.
CIRCLE Women Association Empowers Women Entrepreneurs in Pakistan with Aurora Tech Event
The event featured a “Women of the Future” segment, highlighting 10 promising startups led by women entrepreneurs.
