Saudi company announces plan to create over 1,000 jobs in Pakistan, Saudi Arabia in five years

Saudi Prince Fahad bin Mansour speaks at the closing ceremony of Pakistan's largest tech conference, Future Fest 2023, on January 8, 2023. (Photo courtesy: ILSA Interactive)
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Updated 09 January 2023
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Saudi company announces plan to create over 1,000 jobs in Pakistan, Saudi Arabia in five years

  • Prince Fahad speaks at conclusion of Pakistan’s largest tech conference, Future Fest 2023
  • Says his company has ‘ambitious, strategic plans’ to partner with Pakistani enterprises, universities

ISLAMABAD: Saudi Arabia’s Prince Fahad bin Mansour on Sunday announced his software company, ILSA Interactive, plans to create over 1,000 jobs and undertake 300 projects with a total project value of $100 million in the next five years in Pakistan, Saudi Arabia and other countries. 

Prince Fahad is the co-founder of ILSA Interactive, which was first established in 2009 by Pakistani entrepreneur Salman Nasir, with offices in Riyadh and Lahore. The prince’s remarks came at the closing ceremony of Pakistan’s largest tech conference, Future Fest 2023, which was held for three days last week. 

Future Fest 2023 saw leading entrepreneurs, startups, policymakers and investors partake from several countries around the world. A delegation of Saudi business leaders also attended the event and took part in keynote addresses, roundtable conferences and discussions on wide-ranging topics from the future business landscape to startups and their success. 

Prince Fahad had also announced a plan to set up a Saudi-Pakistan Tech House “to promote greater ease of doing business” between the two countries on the eve of the conference last week. The Tech House, he had said, would have its headquarters in Riyadh while its first branch would operate in Lahore. 

“For the next five years, we are looking forward to creating more than 1,000 jobs in Pakistan, Saudi Arabia and globally,” Prince Fahad said. “We are expecting to have more than 300 projects, with a minimum total project value of $100 million,” he added. 

Prince Fahad said his company had “ambitious, strategic plans” according to which it plans to forge partnerships with Pakistan’s IT companies, universities and enterprises. 

He credited Saudi Arabia’s Crown Prince Mohammed bin Salman for his Vision 2030 project, adding that it is being realized today in the public sector’s operating model, economy, and society as a whole. 

“The vision of HRH Crown Prince opened Saudi Arabia to the world, built and launched platforms for future growth, and significantly improved citizens’ quality of life,” Prince Fahad added. 


At least 13 civilians killed in Pakistan strikes in Afghanistan, UN says

Updated 23 February 2026
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At least 13 civilians killed in Pakistan strikes in Afghanistan, UN says

  • Pakistan said it launched the strikes after blaming recent suicide attacks on militants operating from Afghan territory
  • The reported toll adds to fears of a renewed cycle of retaliation between the neighbors, threatening a fragile ceasefire

ISLAMABAD/KABUL: At least 13 civilians ‌were killed and seven injured in Pakistani airstrikes in eastern Afghanistan, the United Nations said on Monday, as cross-border tensions escalated following a string ​of suicide bombings in Pakistan.

The reported toll adds to fears of a renewed cycle of retaliation between the neighbors, threatening a fragile ceasefire along their 2,600-km (1,600-mile) frontier and further straining ties as both sides trade blame over militant violence.

The United Nations Assistance Mission in Afghanistan (UNAMA) said it had received “credible reports” that overnight Pakistani airstrikes on February 21–22 killed at least 13 ‌civilians and injured ‌seven in the Behsud and Khogyani ​districts ‌of ⁠Nangarhar province.

Taliban ​spokesman Zabihullah ⁠Mujahid earlier reported dozens killed or wounded in the strikes, which also hit locations in Paktika province. Reuters could not independently verify the reported toll.

Pakistan said it launched the strikes after blaming recent suicide attacks, including during Ramadan, on militants operating from Afghan territory.

Pakistan’s information ministry in a post on X said ⁠the “intelligence-based” operation struck seven camps of the Pakistani Taliban ‌and Daesh (Islamic State) Khorasan Province ‌and that it had “conclusive evidence” the militant ​assaults on Pakistan were directed ‌by “Afghanistan-based leadership and handlers.”

Kabul has repeatedly denied allowing militants ‌to use Afghan territory to launch attacks in Pakistan.

The strikes took place days after Kabul released three Pakistani soldiers in a Saudi-mediated exchange aimed at easing months of tensions along the border.

Afghanistan’s defense ministry condemned ‌the strikes and called them a violation of sovereignty and international law, saying an “appropriate and measured ⁠response will ⁠be taken at a suitable time.” The Afghan foreign ministry said it had summoned Pakistan’s ambassador.

In a statement on the February 21-22 strikes, Afghanistan’s education ministry said eight school students; five boys and three girls, were killed in Behsud in Nangarhar province, and one madrasa student injured in Barmal in Paktika province, adding that dozens of other civilians were killed or wounded and educational centers destroyed. Reuters could not independently verify the information.

The latest strikes follow months of clashes and repeated border closures ​that have disrupted trade ​and movement along the rugged frontier.