Pakistan to form joint tech ventures with Saudi firms under new AI Hub initiative, minister says

Pakistan’s IT Minister Shaza Fatima Khawaja speaks during an interview with Arab News in Islamabad, on November 6, 2025. (AN Photo)
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Updated 07 November 2025
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Pakistan to form joint tech ventures with Saudi firms under new AI Hub initiative, minister says

  • Pakistan’s IT minister says AI Hub will connect Pakistani freelancers, firms to Saudi companies seeking digital services
  • Says Pakistan is bringing in more submarine cables for live connectivity, improving optic fiber penetration

ISLAMABAD: Pakistan and Saudi Arabia are moving to link digital skills training directly to jobs and joint tech ventures, rather than standalone training programs, under a new AI partnership being rolled out between the two countries, Pakistan’s IT Minister Shaza Fatima Khawaja said in an interview with Arab News.
 
The initiative centers on a planned “AI Hub,” a matchmaking platform that will connect Pakistani freelancers, software houses and technology firms with Saudi companies seeking digital services.
 
The move marks a shift in Pakistan’s workforce development policy, with the government now tying public funding for training programs to verified employment outcomes rather than the number of trainees.
 
“The Prime Minister has changed the KPIs for us — it is no longer how many children have been trained, but how many of those trained are actually employed,” Khawaja said. 

“Through the AI Hub, we are forming joint companies, supporting private sector firms and bringing investment — we are not talking about aid or loans, we are talking about value creation on both sides.”

Khawaja was referring to Saudi Arabia’s GO Telecom, which launched an artificial intelligence hub in Islamabad last month. GO Telecom is a key player in Saudi Arabia’s digital transformation offering cloud and data services.

The planned AI Hub marks its first major tech venture in Pakistan, broadening its international footprint beyond the petroleum sector.

“We have a lot to offer in terms of value. Our young, talented, quality human resource is also very cost competitive,” the minister said. 

“So, we’re, you know, leveraging the best parts of both our countries to bring about the best possible outcomes.”

Khawaja said that while Pakistan and Saudi Arabia have historically enjoyed fraternal ties, their agreement to launch an Economic Cooperation Framework last week will further strengthen these ties. 

Pakistan and Saudi Arabia last week agreed to launch an Economic Cooperation Framework to strengthen trade and investment ties. The decision was taken following Prime Minister Shehbaz Sharif’s meeting with Saudi Crown Prince Mohammed bin Salman on the sidelines of the Future Investment Initiative summit in Riyadh in October.

Both countries have agreed to deepen economic ties, focus on expanding cooperation in key sectors like energy, trade, investment, and infrastructure via the economic framework.

It will also facilitate joint projects, promote public-private collaboration and enhance trade and investment between Islamabad and Riyadh. 
 
“I think it’s absolutely unprecedented how Saudi has been forthcoming in terms of investment in the country,” Khawaja said. 

“We’re talking about adding value to the companies in Saudi Arabia through our human resource and bringing investment from Saudi Arabia for our companies in Pakistan.”
 
‘OVERALL INTERNET EXPERIENCE’

Pakistani citizens have frequently complained of slowed Internet services over the past couple of months. 

Citizens reported slow Internet speeds last month after major Internet providers, including Nayatel and the Pakistan Telecommunication Company Limited (PTCL), announced that emergency maintenance was being carried out on one of the country’s undersea cables.

Mobile Internet services were also suspended in Islamabad and Lahore during October following protests by the religio-political party Tehreek-e-Labbaik Pakistan (TLP), whose activists clashed repeatedly with police.

Khawaja said Pakistan’s government was taking several measures to rectify slow Internet speeds across the country. She cited “spectrum choking” as one of the main reasons for slow Internet speeds and the lack of spectrum in the country. 

“We’ve already vacated 600 megahertz of spectrum,” the minister said. “We’re looking to auction it early next year. That is something that is going to change the overall experience of Internet for citizens.”
She said Islamabad is also focusing on bringing in more submarine cables for live connectivity across the world, adding that the government is also undertaking efforts to increase optic fiber penetration across the country.


JazzCash signs deal with Binance in UAE to explore regulated crypto adoption in Pakistan

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JazzCash signs deal with Binance in UAE to explore regulated crypto adoption in Pakistan

  • MoU focuses on awareness and development of compliant virtual-asset solutions in Pakistan
  • Pakistan introducing licensing regime for crypto firms as it formalizes digital-asset oversight

ISLAMABAD: Pakistani financial-technology platform JazzCash has signed a memorandum of understanding with global cryptocurrency exchange Binance in the United Arab Emirates to explore cooperation on virtual-asset use and education in Pakistan, the company said on Wednesday.

The agreement sets a framework for discussions on awareness campaigns and future digital-asset products that would comply with Pakistan’s emerging crypto regulations. The move signals growing engagement between global blockchain companies and Pakistani fintechs as authorities shift toward formal licensing of the sector.

Pakistan has spent the past year drafting rules to regulate the fast-expanding market for digital coins and tokens, requiring virtual-asset service providers to obtain government approval. Officials say the transition is aimed at curbing money-laundering and terror financing risks, boosting transparency and encouraging responsible innovation.

“JazzCash has always championed technologies that expand financial access while promoting secure and inclusive participation in the digital economy," JazzCash Chief Executive Officer Murtaza Ali said. 

“By entering into this exploratory MoU with Binance, we are advancing our efforts to understand how global digital-asset trends can support Pakistan’s evolving regulatory landscape. We aim to engage responsibly, support regulatory progress, and advance opportunities that build trust, transparency and innovation for our customers.”

The MoU does not establish a commercial partnership, but marks one of the most high-profile engagements between Pakistan’s fintech sector and a global crypto exchange as the country moves toward regulated digital-asset adoption.

Binance welcomed the cooperation, framing it as part of Pakistan’s shift toward regulated digital-asset activity.

"With regulatory frameworks like [Pakistan Virtual Assets Regulatory Authority] PVARA paving the way, this collaboration represents a significant step toward expanding financial inclusion and empowering more people to access the benefits of blockchain technology in a secure and compliant environment," Binance Chief Marketing Officer Rachel Conlan said.

Earlier this month, Binance executives met Pakistani finance officials to discuss digital-payments reform, blockchain-skills training and the potential for Web3-linked jobs. Pakistan also set up the Pakistan Crypto Council and formed PVARA this year to license and supervise crypto-asset service providers.