ISLAMABAD: Pakistan and China have signed nine Memorandum of Understanding (MoUs) to deepen cooperation in the field of information technology during the second Pakistan-China B2B Conference held in China. Three standout agreements were signed in G2B and B2B with Huawei Technologies, said a news release. The first MoU between Huawei Technologies and NTC Pakistan aims…
ISLAMABAD, Sep 05 (APP): The government is preparing to introduce financial incentives, including subsidies and tax exemptions, to accelerate Artificial Intelligence (AI) integration and support digital transformation of industries in Pakistan. According to Ministry of Information Technology documents available with Wealth Pakistan, the initiative is part of a comprehensive roadmap being developed by IT boards…
ISLAMABAD, Sep 4 (APP): Punjab has emerged as the leading province in the national livestock sector, boasting a population of over 104 million animals including cattle, buffalo, goats and sheep, significantly contributing to the country’s economy. Pakistan’s livestock population stood at 251.3 million in 2024, with Punjab holding the largest share at 104.2 million, Wealth…
ISLAMABAD, Sep 2 (APP): Pakistan’s vegetable exports increased by 43.2 percent to $430 million in fiscal year 2024 as compared to the previous year. The country exported a variety of fresh and processed vegetables, including onions, potatoes, brassica, tomatoes, carrots, and garlic, generating valuable foreign exchange earnings in FY2024, said the Pakistan Bureau of Statistics…
ISLAMABAD, Aug 31 (APP): The government plans to deploy AI-driven threat detection systems to monitor and respond to cyberattacks on critical infrastructure, sensitive data, and digital operations in real time. According to Ministry for Information Technology documents available with Wealth Pakistan, a core element of this initiative is the development of AI-based cybersecurity solutions providing…
ISLAMABAD, Aug 30 (APP): Pakistan’s banana harvest has surged to an unprecedented level, more than doubling over the last 15 years to reach a record 317,000 tonnes in 2024-25, according to the Pakistan Bureau of Statistics (PBS). The official data available with Wealth Pakistan shows that banana output stood at only 139,000 tonnes in 2010-11,…
ISLAMABAD, Aug 29 (APP): The government was planning to allocate 1,000 acres of land to Chinese investors for the establishment of an Integrated Maritime Industrial Complex near Port Qasim. Jawad Akhtar, Technical Advisor at the Ministry of Maritime Affairs, told Wealth Pakistan that the land will be used by Chinese investors to develop a large-scale…
ISLAMABAD, Aug 28 (APP): Pakistan is planning to launch regulatory sandboxes to allow enterprises to safely test and experiment with artificial intelligence (AI) applications. According to Ministry of Information Technology documents available with Wealth Pakistan, at least 50 companies are expected to benefit from these controlled testing environments by 2027. The sandboxes are part of…
LAHORE, Aug 27 (APP): The Pakistan Railways has completed solarization of 37 railway stations, which will help lower the Pakistan Railways reliance on conventional power. According to the documents available with Wealth Pakistan, out of 37 railway stations already shifted to solar power, nine have been solarized in Khyber Pakhtunkhwa (KP) and 28 in Punjab. The solarized…
ISLAMABAD, Aug 25 (APP): The government has announced to provide a financial package of up to Rs 1 million for each artificial intelligence (AI) project reaching the prototyping stage. According to the Ministry of Information Technology and Telecommunication (MoIT), official documents available with Wealth Pakistan, the scheme will be carried out through the newly planned…
