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Zafar Khan, the CEO of Sofizar, along with others from the Massachusetts Institute of Technology (MIT) and the Organization of Pakistani Entrepreneurs of North America (OPEN) will speak at an event on “Pakistan: The Untold Story of Entrepreneurship and Technology” on February 2 at MIT in Cambridge, Massachusetts; the event is co-sponsored by the New England Chapter of OPEN.
The contest, which its organizers hope will become a yearly event, focuses on existing Pakistani technology companies (instead of start-ups) who are asked to prepare plans for how they intend for their business to “accelerate” towards future growth and expansion. The idea for the contest came from OPEN and the MIT Club of Pakistan Enterprise Forum (MITCEF) and was co-sponsored by P@SHA (PASHA: The Pakistan Software Houses Association) and the Pakistan Software Export Board (PESB). The MIT Entrepreneurship Development Progra was actively involved in the contest including in the judging.
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A 2024 joint study of the International Labor Organization and the Small and Medium Enterprise Development Authority (SMEDA) estimated Pakistan's undocumented economy at $457 billion. While other South Asian nations, particularly Bangladesh and India, do include estimated undocumented GDP figures in their official GDP, Pakistan's official GDP figures do not include such estimates. If the Pakistani government decides to include estimates of the informal economy in its official…
ContinuePosted by Riaz Haq on June 19, 2026 at 7:30am
Ilyas Khan, the British Pakistan founder of Quantinuum, became a billionaire in the company’s IPO on NASDAQ last week. Khan is a pioneer in the revolutionary field of quantum computing which could speed up computing by orders of magnitude. It will have a huge impact in AI and encryption. Dr. Irfan Siddiqui, a Pakistani-American professor of Physics at University of California at Berkeley, is another top expert in quantum computing. …
ContinuePosted by Riaz Haq on June 12, 2026 at 10:00am — 3 Comments
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