Pakistan plans billion-dollar fund to push digital transformation

This photograph taken on November 19, 2015 shows Pakistani employees of online marketplace company Kaymu at work in Karachi. (AFP/File)
Short Url
Updated 22 February 2021
Follow

Pakistan plans billion-dollar fund to push digital transformation

  • Ten venture capital funds ready to invest in the country’s special technology zones, chairman Special Technology Zones Authority says
  • Telecom operators say pandemic opportunity not adequately captured in Pakistan due to suboptimal government support and industry preparedness

ISLAMABAD: The Pakistan government has changed foreign exchange regulations to facilitate investors and protect their capital with tax incentives for ten years in special technology zones that aim to boost digital transformation in the next two years, a top government official said on Monday, saying a billion-dollar fund was in the works. 

“We have gotten ten venture capital funds now finally ready to come to Pakistan,” Amer Hashmi, chairman Special Technology Zones Authority, told Arab News on the sidelines of a policy roundtable -“Connecting Pakistan: Covid-19 Lessons for Digital Policy” - organized by policy think tank Tabadlabb in Islamabad. “The state may think about going fifty-fifty with them, and create the first billion dollar fund.”

Talking about the importance of digital transformation and special technology zones, Hashmi said the government was pushing it to create job opportunities and boost revenue.

“The government doesn’t have cash; we will have to do this to generate more revenue and employment,” he said, adding that digital initiatives would be accelerated in the next two years as Prime Minister Imran Khan was himself supervising the digital transformation process. 

While Covid-19 has been a catalyst in accelerating Pakistan’s digital transformation, there is a critical need for strategic reforms and a change in the mindset of the government to sustainably capitalize on the country’s potential, other panelists at Monday’s event said. 

Irfan Wahab, chief executive officer at Telenor, said global demand for digital access during the COVID-19 pandemic and solutions to overcome obstacles had increased manifold, but the opportunity was not adequately captured in Pakistan due to suboptimal government support and industry preparedness.  

He said in many other countries, government regulators had expanded the spectrum during the pandemic emergency to allow smoother access for citizens to high-speed mobile internet.  

“In Pakistan, similar requests were not entertained by the government whose focus remained only on maximizing revenue from spectrum sales,” Wahab said.

Talking about the need for policy interventions, Jazz CEO, Aamir Ibrahim said “we are never going to think about the future" if the government only remained fixated on how to milk telecom companies for taxes.

“This is the inherent disconnect between the three key stakeholders: the investors or operators, the governments, and the end-users, who want the best service for free,” he said.  

High taxes were one of the major obstacles to more rapid adoption of fin-tech and digital payments despite great initiatives such as the government’s instant payment system Raast, Tez Financial’s co-founder Naureen Hayat said. 

“Cash from a customer’s perspective is still cheaper than digital,” she said. “This perception comes as a result of taxes and extra charges.” 


Pakistan seals spot in Women’s Cricket World Cup after recording four straight wins

Updated 10 sec ago
Follow

Pakistan seals spot in Women’s Cricket World Cup after recording four straight wins

  • After defeating Ireland, Scotland and the West Indies, Pakistan thumped Thailand by 87 runs
  • Bangladesh, Scotland and the West Indies are still in contention for the one remaining spot

LAHORE: Pakistan secured a place in the Women’s Cricket World Cup by beating Thailand on Thursday for its fourth straight victory in the qualifying tournament.
After defeating Ireland, Scotland and the West Indies, Pakistan thumped Thailand by 87 runs at the Qaddafi Stadium in Lahore to seal one of the two vacant World Cup places.
Bangladesh, Scotland and the West Indies are still in contention for the remaining spot to join host India, Australia, England, New Zealand, South Africa and Sri Lanka in the eight-team, 50-over tournament later this year.
Bangladesh, which has won three of its four games, will play Pakistan on Saturday, when the West Indies round faces Thailand. Scotland meets Ireland on Friday in its last game.
Pakistan captain Fatima Sana led from the front and took 10 wickets in four games. She is second on the bowling chart in the qualifying tournament behind Hayley Matthews of the West Indies, who has bagged 12 wickets in four games.
Sana orchestrated Pakistan’s place at the World Cup with her brilliant all-round performance against Thailand as she scored a half-century and then claimed 3-39 with her medium fast bowling.
The International Cricket Council has not yet announced the dates and venues of the World Cup, but last December agreed to a hybrid model due to severe political relations between India and Pakistan. All matches involving India and Pakistan in an ICC event will be played at a neutral venue.
 


Pakistani actor Yasir Hussain says ready to put career on hold for wife Iqra Aziz

Updated 31 min 50 sec ago
Follow

Pakistani actor Yasir Hussain says ready to put career on hold for wife Iqra Aziz

  • Hussain and Aziz are among Pakistan’s most talked-about celebrity couples who tied the knot in 2019
  • Despite shared background in showbiz, Hussain says they maintain professional boundaries in the industry

KARACHI: Pakistani actor and director Yasir Hussain has said he is willing to pause his career and stay home with his young son if his wife, acclaimed actress Iqra Aziz, required him to, highlighting his support for her flourishing career in the entertainment industry.

Aziz and Hussain, one of Pakistan’s most talked-about celebrity couples, tied the knot in December 2019 following a public proposal at the Lux Style Awards that year. The couple welcomed their son, Kabir, in July 2021 and have since carefully balanced their personal life with demanding professional commitments.

Aziz is currently starring in the television drama Paradise, while Hussain is performing as the director and male lead in the theater production Monkey Business, running at the Karachi Arts Council. 

Despite their shared background in showbiz, the two have taken different routes, with Aziz focusing largely on television dramas and Hussain leaning toward theater and directing.

“Today, if she [Iqra] tells me to leave everything and take care of Kabir because she is doing a film, I’ll leave everything,” Hussain told Arab News in an interview this week. “Obviously, my child comes first for me.”

He said fatherhood and marriage had brought a noticeable change in his temperament.

“I was very hyper before marriage,” he said.. “It’s a good change and I am liking it.”

Hussain said being part of the same profession had helped him and his wife better understand each other’s demanding schedules.

“If I was married to a doctor, maybe, so I don’t know her profession, she doesn’t know mine,” he said. 

“So, maybe there would have been some issues in between us like what are these shift timings or it’s not fair that you go to the theater everyday all day. So, there would have been issues perhaps. But now we know how it works.”

Still, Hussain said he made a conscious effort to maintain professional boundaries, including not seeking roles opposite his wife on screen.

“I think there is a gap of 10 or 11 years between Iqra and I,” he added. “I want her to work with actors her age. I don’t want her screen age to increase for no reason because of me.”

Hussain also said he didn’t seek to share the small screen with his wife just because she was a famous actress.

Previously, though, the couple have worked together in the drama serial Jhooti while they were engaged, and later in the mini-series Aik Thi Laila, which Hussain directed. He has also produced Paradise, which Aziz is currently starring in alongside actor Shuja Asad.

“Marriage is a very personal thing and I don’t want to show that chemistry onscreen in a TV drama at least.”

And though they were both part of the entertainment industry, Hussain said they maintained clear professional independence.

“We have a life as individuals as well. We don’t influence each other on the career choices we wish to make,” he said.

That said, he expressed a preference for Aziz to avoid dark or gritty roles.

“I don’t want Iqra to do films like Javed Iqbal or Taxali Gate or the series Khatarnaak that I’m shooting in Lahore,” he said. 

“I don’t want her to get into such dark content. She is a very lively person and has the image of a happy-go-lucky individual. I don’t want her image to be dark or political.”


Pakistan warns hail, heavy rains could hit capital, cities in Punjab from today

Updated 58 min 41 sec ago
Follow

Pakistan warns hail, heavy rains could hit capital, cities in Punjab from today

  • Hailstorm on Wednesday wreaked havoc in Pakistani capital, damaging thousands of car and windows of homes
  • Pakistan is highly vulnerable to climate change, facing numerous impacts like rising extreme weather events

ISLAMABAD: Pakistan’s National Disaster Management Authority (NDMA) issued a weather alert on Thursday warning of hailstorms and heavy rainfall in the federal capital, Islamabad, and a number of cities in Punjab province from today, Friday. 

The fresh warnings come a day after a severe hailstorm and heavy rainfall lashed Pakistan’s capital, Islamabad, and its surrounding areas, damaging thousands of vehicles and smashing the windows of homes. 

Pakistan is highly vulnerable to climate change, facing numerous impacts like rising temperatures, increased frequency of extreme weather events, and changes in agricultural patterns. The country’s vulnerability is exacerbated by factors like reliance on the Indus River, which is fed by melting glaciers, and its location in a region prone to floods and droughts.

“Heavy rainfall, windstorms, thunderstorms and isolated hailstorms are expected [from Apr. 18-19], posing risks to infrastructure, transportation and agricultural activities,” the NDMA said in a statement. 

It listed cities in upper and central Punjab including Attock, Chakwal, Gujrat, Jhelum, Faisalabad, Hafizabad, Jhang, Khushab, Mianwali, Lahore, Narowal, Sahiwal, Sargodha and Sheikhupura, as being at risk. 

Strong winds accompanied by heavy rain could also cause trees to fall and lead to temporary power outages, the NDMA said, adding that hailstorms posed a threat to weak structures, rooftops, vehicles and power lines. Hail could also damage crops and outdoor structures, particularly those with glass surfaces. The combination of rain and dust could also reduce visibility and increase the risk of road accidents.

The NDMA urged the public to stay informed by using its mobile application, “Pak NDMA Disaster Alert,” for real-time updates and advised tourists and residents to monitor official sources for the latest weather forecasts. 

Travelers were also cautioned to check road conditions before leaving their homes and to avoid unnecessary journeys during severe weather. People living in landslide-prone areas were instructed to stay vigilant and strictly adhere to local safety adviseries.

Experts say there is evidence suggesting a link between climate change and increased hailstorm frequency and intensity. While the exact relationship is still being studied, a warming climate can create conditions more conducive to large hail formation.


Pakistan Senate committee approves bill to establish commission for minority rights

Updated 17 April 2025
Follow

Pakistan Senate committee approves bill to establish commission for minority rights

  • Constitution guarantees equal rights and protection for all citizens, including religious minorities but disparities in practice persist
  • Minorities face persistent challenges in accessing public services and participating fully in social and economic life

ISLAMABAD: The Pakistani Senate Subcommittee on Human Rights on Thursday approved a bill to establish a commission on minority rights in accordance with the United Nations and international standards and regulations, a statement from the committee said on Thursday.
The Pakistani constitution guarantees equal rights and protection for all citizens, including religious minorities, but disparities in practice persist. While the constitution protects freedom of religion and prohibits discrimination based on religion, minorities face persistent challenges in accessing public services and participating fully in social and economic life. There is also widespread persecution of minority groups. 
On Thursday, the minister of law briefed the Senate committee on the National Commission for Minorities, which will constitute eight members, four from the government and four representing the parliament.
“There will be Parliamentary Committee consisting of four members: which will be nominated by the Speaker National Assembly, two from the treasury and two from the opposition benches,” according to a statement from the Senate.
“Besides this, two minority members from each province, who are Pakistani citizens not younger than 35 years of age and possessing considerable knowledge and practical experience in Human Rights advocacy, will be included in the commission.”
The statement said the recommended timelines for the process were a maximum of 45 to 60 days. The commission would hold the power to direct other local human rights institutions to take up matters in their own ambit of expertise. 
The committee reached consensus on two key points.
“First, the nomination for the National Commission for Minorities will be shortlisted within 30 days, and the Constitution of Commission will be completed within 45 days,” the statement said. “Secondly, the minimum age for nominated members will be 35 years.”
According to a copy of the bill widely reported by local media, the commission will “assess and monitor [the] implementation of the constitutional guarantees and safeguard for promotion and protection of rights of minorities.”
The commission will also review existing or proposed policies or programs to prevent discrimination and protect minorities and provide recommendations to the relevant departments.


23,620 Pakistani pilgrims to perform Hajj under private scheme this year — ministry

Updated 17 April 2025
Follow

23,620 Pakistani pilgrims to perform Hajj under private scheme this year — ministry

  • Pakistan was given a quota of 179,210 for the pilgrimage this year
  • Nearly 90,000 Pakistanis to perform Hajj 2025 under government scheme

ISLAMABAD: The ministry of religious affairs said on Tuesday only 23,620 Pakistani pilgrims would be performing Hajj under the private scheme this year.
The annual Islamic pilgrimage is expected to take place this year in June. Pakistan and Saudi Arabia signed the Hajj Agreement 2025 in January, under which Pakistan was given a quota of 179,210 for the pilgrimage this year. The quota is divided equally between government and private schemes.
Nearly 90,000 Pakistanis are expected to travel to Saudi Arabia under the government scheme this year. 
“General public is hereby informed that only 23,620 pilgrims will be able to perform Hajj under the Private Hajj Scheme from Pakistan this year 2025,” the religious affairs ministry said in a statement.
“The list of service providers providing services with the Hajj 2025 quota has been updated on the website of the Ministry of Religious Affairs and Interfaith Harmony and the Pak Hajj App.”
The ministry urged pilgrims who had made bookings with registered service providers to check the status of their application and contract on the ministry’s website.
“All organizing/service provider companies are directed to provide updated contract (Hajj Form) to Hajj pilgrims as per the approved quota of Hajj 2025 and ensure the process of issuing Hajj visas to pilgrims by April 18 as per the instructions of the Ministry of Hajj and Umrah, Kingdom of Saudi Arabia,” the ministry added. 
Hajj flight operations will begin from Apr. 29 when the first flight will depart from Pakistan’s eastern city of Lahore.
Prime Minister Shehbaz Sharif has constituted a three-member inquiry committee to probe why Pakistan had failed to use the whole 179,210 quota for Hajj 2025.