Connect with us

Pakistan

PM appoints British-Pakistani entrepreneur as investment ambassador

Published

on

  • Zeeshaan Shah appointed ambassador-at-large on investment.
  • Enterpriser hopeful of bringing investment into Pakistan.
  • Shah praises the coalition government’s reform agenda.

LONDON: Prime Minister Shehbaz Sharif has appointed British Pakistani enterpriser Zeeshaan Shah as ambassador-at-large on investment to promote foreign investment into Pakistan.

The announcement was made through a notification issued by the Prime Minister Officer on Wednesday.

The notification reads: “The Prime Minister has been pleased to appoint Mr Zeeshaan Shah as Ambassador-at-Large on Investment, with immediate effect. The appointment of Mr Zeeshan Shah will be in an honorary capacity.”

Shah is a multi-award-winning entrepreneur based out of London. His group has overseen investment transactions in excess of $1.3 billion. He made his name first when he appeared on BBC’s popular show “Apprentice”.

The entrepreneur boasts a global network of contacts within the investment space including leading institutional and family offices across the Far East, Middle East, United Kingdom and the United States of America.

Speaking to Geo.tv, Shah said that in his first task, he will immediately be travelling to the USA to meet with investors in Houston, Dallas, Los Angeles, San Francisco, Chicago, and New York.

He said that he was thankful to PM Shehbaz for showing confidence in him and will do his utmost to represent Pakistan.

Shah said: “I will not be taking any salary, perks or financial gains from the Government of Pakistan. My role is in a voluntary capacity and I consider this my national duty.”

“Pakistan is ripe for investment, not only in the booming IT & tourism sectors but in a broad range of sectors. The current government has its entire focus on reforming the system to create a system where there is the ease of doing business in order for Pakistan to develop.”

“The reform agenda that the government is implementing is amongst the most advanced in the world and it offers huge opportunities to the investors, local and internationally. I look forward to meeting with investors across the world and facilitating them to invest in Pakistan.”

Latest News

Session of the National Assembly: Government Prioritising Youth Skill Development: Ch Salik Hussain

Published

on

By

The National Assembly was informed that the government is concentrating on developing the skills of young people in order to meet the demand for skilled workers in other countries. To this end, the government has inked agreements with several countries.

Continue Reading

Latest News

PTA provides a significant update on Pakistan’s Starlink launch.

Published

on

By

Starlink applied for a license on February 24, 2022, and is currently in communication with the new regulatory body, according to a briefing given to the National Assembly Standing Committee on IT, which was chaired by Senator Palwasha Khan, the PTA Chairman.

Starlink needs to register with both the PSB and the Securities and Exchange Commission of Pakistan (SECP) before to starting its satellite services in Pakistan. According to the PTA Chairman, the body will proceed with further actions after the registration procedure is over.

Along with Starlink, Shanghai Space Technology is also making its debut in Pakistan, which should boost internet access and spur technical advancement in the nation.

The Pakistan Telecommunication Authority (PTA) has also made it plain that until it has government approval, it is unable to grant a license to Elon Musk’s satellite internet service, Starlink.

The chairman stated that Starlink has promised to adhere to government regulations and not circumvent the system.

The committee also chose to call a meeting of the Space and Upper Atmosphere Research Commission (SUPARCO) to take up the topic of space technology regulation. Additionally, the committee asked why the PTA is assigning its duties to other groups.

Prior to the launch of Starlink in Pakistan, Elon Musk, the CEO of SPACEX, stated that he was seeking permission from the Pakistani government.

According to information, Pakistani social media user Sanam Jamali and Elon Musk had a discussion on the launch of Starlink in Pakistan on the social media site X (previously Twitter).

Sanam asked Musk to launch Starlink in Pakistan, claiming that it might open the door to a better future by giving people access to the internet and chances to advance.

In response, Musk said that he is awaiting Pakistani official approval to introduce Starlink there. Through a massive network of satellites, SpaceX’s Starlink offers internet services.

Starlink

SpaceX, a private aircraft manufacturer and space transport services provider established by Elon Musk, is the developer of the Starlink satellite internet network. The constellation uses a network of thousands of tiny satellites in low Earth orbit (LEO) to deliver fast, dependable, and worldwide internet connectivity.

The way we access the internet could be completely changed by this cutting-edge technology, particularly in isolated and underdeveloped locations where conventional fiber-optic and cellular networks are scarce or nonexistent.

High-speed internet access with latency as low as 20 ms is what the Starlink constellation is intended to provide; this is on par with or even better than many current fiber-optic networks.

Every Starlink satellite includes a phased array antenna, which enables it to connect with numerous users at once, offering a flexible and high-capacity network. Fast and dependable internet connection is available to users from almost anywhere in the world with Starlink, which is an exciting advancement for digital inclusion and global connectedness.

Continue Reading

Latest News

The government has dismissed the PTI’s request for a judicial panel probing the violence on May 9.

Published

on

By

The federal government’s negotiation team has completed a comprehensive written reply to the demands put out by PTI.

The statement addresses all points presented by PTI, including the rejection to establish a judicial panel for the events of May 9.

The administration highlighted that judicial commissions are constituted for issues not subject to judicial review, and cases pertaining to May 9 are currently being adjudicated in courts, with certain persons having been condemned by military tribunals.

PTI has consented to engage in negotiations with the Prime Minister’s committee. An in-camera session has been arranged at Parliament House to further deliberate on the topic.

The letter response requests comprehensive lists of missing persons and arrested individuals from PTI, inquiring how measures for their release may be implemented without adequate information. Furthermore, PTI’s assertions concerning fatalities during protests necessitate corroborative data.

The government committee intends to deliver the written response to National Assembly Speaker Ayaz Sadiq in the imminent future. The Speaker will determine whether to convene the fourth round of discussions upon receipt of the response.

Continue Reading

Trending