ISLAMABAD: A pioneering American artificial intelligence (AI) company, Afiniti, has decided to expand its operations in Pakistan and recruit more talent in the South Asian country, the Pakistani finance ministry said on Monday.
Founded in 2005, Afiniti is a global AI provider in health care, telecommunications, travel, hospitality, insurance and banking industries as well as across multiple customer experience channels.
A delegation, led by Afiniti Chief Executive Officer Jerome Vaughan Kapelus, called on Finance Minister Muhammad Aurangzeb on Monday to discuss the company’s growth and continued investment in Pakistan.
“The meeting focused on discussions regarding Afiniti’s expanding business operations in Pakistan, the recruitment of talent and associated issues related to the taxation structure,” the Pakistani finance ministry said in a statement.
Kapelus highlighted that around 80 percent of Afiniti’s operational support team was based in Karachi, Lahore and Islamabad, with the company’s customer base extending to North America, Europe and other regions.
He praised Pakistani engineers, computer scientists and technologists, and said that his firm had an “exceptional” experience while recruiting people from Pakistan, according to the statement.
Pakistan is making steady progress in AI, with increasing investments in research, education and industry. Initiatives like the National Center for Artificial Intelligence are driving innovation, while startups explore AI applications in health care, finance and security sectors.
Despite challenges such as limited funding and infrastructure, Pakistan’s AI sector shows promise, with companies leveraging AI for data analytics, automation and customer engagement. As global AI adoption increases, the South Asian country aims to strengthen its position through policy support and technological advancements.
Aurangzeb appreciated Afiniti’s continued investment in Pakistan and assured the delegation of his government’s support in creating an enabling ecosystem for IT and agriculture sectors. He apprised the delegation of the Pakistan Crypto Council’s launch to regulate and integrate blockchain technology and digital assets into Pakistan’s financial landscape.
“The meeting concluded with a reaffirmation of the government’s commitment to supporting businesses like Afiniti, and the importance of continued collaboration between the public and private sectors to foster growth and development in Pakistan,” the finance ministry said.
Pioneering American AI firm to expand operations in Pakistan, finance ministry says
https://arab.news/48dhz
Pioneering American AI firm to expand operations in Pakistan, finance ministry says
- Afiniti is a leading global AI provider in health care, telecommunications, travel, hospitality, insurance and banking industries
- Around 80 percent of Afiniti’s operational support team is based in Pakistan, with its customer base extending to Europe and other regions
Hundreds of migrants, including Pakistanis, land in Greece after search operation at sea
- Rescued migrants were taken to a temporary facility on Crete after reaching the port of Agia Galini
- Greece has made deportations of rejected asylum seekers a priority under its migration policy
ATHENS: Greece’s Coast Guard rescued about 540 migrants from a fishing boat off Europe’s southernmost island of Gavdos on Friday, one of the biggest groups to reach the country in recent months.
The migrants were found during a Greek search operation some 16 nautical miles (29.6 km) off Gavdos, a Coast Guard statement said. They are all well and are being taken to a temporary facility on the nearby island of Crete after reaching the port of Agia Galini, a Coast Guard official said, adding most of the migrants were men from Bangladesh, Egypt and Pakistan.
In a separate incident on Thursday, the EU’s border agency Frontex rescued 65 men and five women from two migrant boats in distress off Gavdos, the Greek Coast Guard said.
Greece was on the front line of a 2015-16 migration crisis when more than a million people from the Middle East and Africa landed on its shores before moving on to other European countries, mainly Germany.
Flows have ebbed since then, but both Crete and Gavdos — the two Mediterranean islands nearest to the African coast — have seen a steep rise in migrant boats, mainly from Libya, reaching their shores over the past year and deadly accidents remain common along that route.
Greece, Cyprus, Spain and Italy will be eligible for help in dealing with migratory pressures under a new EU mechanism when the bloc’s pact on migration and asylum enters into force in mid-2026.
The center-right government of Prime Minister Kyriakos Mitsotakis has said deportation of rejected asylum seekers will be a priority.
