Facebook, Google, and TikTok to Open Offices in Pakistan Soon

Afnan Ullah Khan, a senator and member of the Senate Finance Committee, recently addressed the media. He disclosed that on December 11 a Google delegation will arrive in Pakistan.
The world’s largest search engine intends to launch operations in Pakistan and also aims to award more than 15,000 scholarships. Google submitted an application in May to begin operations within Pakistan, and all supporting documentation was approved by SECP last week. After December 11, we anticipate Google to provide us with more information.
Additionally, according to IT Minister Syed Aminul Haq, negotiations with TikTok representatives are over. In the next weeks, the firm will open an office in Islamabad. Additionally, Facebook will open a location in Pakistan, but this is old news as the plan has been in the works for some time.

Recent News

Digitt+, Pakistan’s first agricultural fintech and electronic money institute, has partnered with Covalent, a SAAS/PAAS pioneer, to launch “Zariya.” This innovative platform aims to provide startups and fintechs with cutting-edge Banking as a Service (BAAS) solutions. Zariya offers a comprehensive tech stack on a flexible pay-as-you-grow model, ensuring rapid market entry.

The federal government has earmarked Rs. 5.394 billion for five new IT and Telecommunication initiatives under the Public Sector Development Program (PSDP) for the fiscal year 2024-25. These projects include the Digital Economy Enhancement Project, Expansion of Cellular Services in AJK and GB Phase-IV, NGMS Core Upgradation, National Semiconductor HR Development Program Phase-I, and the Revamping of the IT Industry Landscape.

Alif Capital Holdings Enters Pakistani Market with Strategic E-commerce Acquisition

A well-reputed company registered in England called M/s Alif Capital Holdings Limited is working as a parent company for dealing with various investments and controlling the ownership of different companies. Its target company is M/s Alif Innovations (Private) Limited which has the utmost expertise in providing e-commerce services and solutions and is registered in Pakistan.