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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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On July 16 in Shanghai, 29 countries, including China, Pakistan and Russia, signed the founding agreement of WAICO, World AI Cooperation Organization. Every BRICS founding member is in, except India. This agreement follows the launch of the US-led Pax Silica, a 24-member coalition, including India, which is designed to counter China's AI efforts. The stated goal of both these competing groups is to provide global governance, including building guardrails and setting…
ContinuePosted by Riaz Haq on July 20, 2026 at 6:26pm — 6 Comments
Pakistan's electricity demand has soared 21% in just two years. Rapid electrification is positively impacting all sectors of Pakistan's economy. thanks to growing deployment of distributed solar, estimated at 38 GW as of June, 2025. In 2025, 44% of solar deployment was residential, followed by industry (26%), agriculture (21%) and commercial users (9%). It is stimulating demand for a variety of products ranging from air conditioners and refrigerators to washing machines and…
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