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Open Forum 2017, the annual conference of Pakistani entrepreneurs in Silicon Valley, drew over 1,000 attendees, about half of them women. It featured presentations by successful entrepreneurs including Ahmad Khaishgi of SquareTrade and Mudassir Sheikha of Careem as well as sessions by powerful venture capitalists like Aaref Hilaly of Sequoia Capital. It is organized by the Organization of…
ContinueAdded by Riaz Haq on April 30, 2017 at 9:00pm — No Comments
Pakistani diaspora bucked the 2016 global decline in remittances with a modest 2.8% increase over 2015, according to a recently released World Bank report. An estimated $19.8 billion remitted to Pakistan amounted to 6.9% of the country's GDP. This is a welcome relief coming on the heels of the State Bank of…
ContinueAdded by Riaz Haq on April 24, 2017 at 8:48pm — 6 Comments
Bollywood movie revenue suffered 12% drop in 2016 to $338 million, the sharpest decline ever, according to Reuters news agency. Meanwhile, the global movie revenue rose just 1% to a record $38.6 billion last year, according to a report by Motion Pictures Association of America.…
ContinueAdded by Riaz Haq on April 19, 2017 at 8:43pm — 9 Comments
Why was Mashaal Khan, an Abdul Wali Khan University student, killed by a mob of his fellow students in Mardan? What does this lynching incident say about Pakistani state and society? Is it a failure of the state? Or is it a symptom of a larger societal problem in the country? Do extreme right-wing politicians, media, judges and bureaucrats share responsibility for this ongoing madness of vigilante justice…
ContinueAdded by Riaz Haq on April 16, 2017 at 5:30pm — 2 Comments
Washington D.C. based AI technology firm Afiniti, founded by serial Pakistani-American entrepreneur Zia Chishti, has filed for initial public offering (IPO) at $1.6 billion valuation, according to VentureBeat.
Zia Chishti founded his first company Align Technology in 1997 in …
ContinueAdded by Riaz Haq on April 15, 2017 at 10:01pm — 4 Comments
Malala Yousufzai, the Pakistani schoolgirl who was shot by the Taliban in 2012 and survived to tell her story, has become a household name in the West. She and her family have found a new home in Birmingham, England.
She has been honored with some of the highest international awards including the Nobel Peace Prize in 2014. Last week, Malala was named the youngest ever UN Messenger of Peace, with a special focus on girls'…
ContinueAdded by Riaz Haq on April 12, 2017 at 8:21pm — 9 Comments
Pakistan's KSE-100 continues to offer attractive valuations for investors in 2017. Its equities are trading at a forward price-earnings ratio of just 9.1, according to Pakistani brokerage firm Arif Habib Limited.
Pakistani shares are on offer at a deep discount to the Indian shares trading at 17.3 price-earnings multiple. While India's stock market is among the world's most expensive, the Pakistani…
ContinueAdded by Riaz Haq on April 10, 2017 at 6:07pm — 9 Comments
Added by Riaz Haq on April 8, 2017 at 7:02pm — 4 Comments
A 3-person team of Pakistani students, including a female student from Islamabad's National University of Science and Technology (NUST), won first place in a contest organized by Stanford Center of Longevity. The team's entry is a device they designed and prototyped that enables tremor patients to perform daily routine tasks.
The Purpose:
The purpose of the contest is to encourage innovation to help improve the quality of life of aging populations in the…
ContinueAdded by Riaz Haq on April 2, 2017 at 8:53pm — 11 Comments
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Hackers linked to Russian intelligence have stolen Indian military data from cyber spies believed to be working on behalf of the Pakistani state, according to an assessment by Microsoft researchers. All those involved are part of what are known as "advanced persistent threat" (APT) organizations in their respective countries. TechTarget defines "Advanced Persistent Threat (APT)…
ContinuePosted by Riaz Haq on December 8, 2024 at 8:00am
The recently concluded IDEAS 2024, Pakistan's Biennial International Arms Expo in Karachi, featured the latest products offered by Pakistan's defense industry. These new products reflect new capabilities required by the Pakistani military for modern war-fighting to deter external enemies. The event hosted 550 exhibitors, including 340 international defense companies, as well as 350 civilian and military officials from 55 countries.
Pakistani defense manufacturers…
ContinuePosted by Riaz Haq on December 1, 2024 at 5:30pm — 3 Comments
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