Overseas Pakistanis Send Record $3.4 Billion in Remittances in October 2025: SBP

Pakistan recorded a strong inflow of $3.4 billion in remittances from overseas workers in October 2025, reflecting a 12% year-on-year increase, according to the State Bank of Pakistan (SBP). The surge highlights the continued trust and contribution of overseas Pakistanis in supporting the country’s economy amid global financial challenges, reported 24NewsHD TV on Friday.

The SBP data showed that monthly remittances rose by 7% compared to $3.2 billion in September 2025, marking one of the most robust growth periods in recent months. The consistent upward trend underscores the vital role remittances play in strengthening Pakistan’s external accounts, boosting economic activity, and supporting millions of households that rely on this income.

According to SBP, total remittance inflows during the first four months of FY2025-26 (July–October) stood at $12.9 billion, compared to $11.9 billion during the same period last year — a growth of 9.3%. Analysts attribute this rise to the government’s proactive measures to encourage the use of formal banking channels and the successful continuation of the Pakistan Remittance Initiative (PRI).

Launched in 2009, the PRI aims to facilitate smoother and more secure money transfers through financial institutions. Since its inception, the number of participating institutions has expanded from 25 in 2009 to over 50 by 2024, helping to formalize a large portion of remittance inflows that previously moved through informal means.

Region-wise data for October 2025 shows that the largest remittance share came from Saudi Arabia, amounting to $821 million, representing a 9% increase over September 2025 and a 7% rise from October 2024.

The United Arab Emirates (UAE) followed with $698 million, a solid 12% year-on-year increase, while remittances from the United Kingdom (UK) reached $488 million, marking a 7% rise month-on-month and an impressive 13% jump compared to the previous year.

Remittances from the United States totaled $290 million, showing a 4% year-on-year decline but an 8% increase compared to the previous month. Meanwhile, inflows from European Union (EU) countries rose sharply by 27% year-on-year, reaching $457 million — reflecting growing contributions from Pakistanis living across Europe.

Economists note that the sustained growth in remittances is helping Pakistan manage its current account deficit, stabilize the rupee, and build foreign exchange reserves. The inflows also provide a cushion for families facing inflationary pressures and reduced employment opportunities domestically.

Government officials and the SBP have reiterated their commitment to further expanding digital remittance channels, reducing transaction costs, and ensuring timely transfers to maintain this positive trend.

The latest figures reaffirm that overseas Pakistanis continue to serve as a critical economic pillar, contributing significantly to Pakistan’s financial stability and socio-economic resilience.

GEO for Nonprofits: How Pakistani NGOs Can Get Found in AI Answers

Nonprofits in Pakistan have long struggled with visibility and funding.
Limited marketing budgets, shrinking social media reach, and competition for donor attention have made it harder for even the most impactful NGOs to be seen.

But 2025 brings a new opportunity — and a new challenge.
As Generative AI engines like ChatGPT, Gemini, and Perplexity reshape how people find information, a new discipline called Generative Engine Optimization (GEO) has emerged.

For NGOs, mastering GEO could be the difference between being cited as a trusted source — or disappearing from the digital conversation altogether.

Why GEO Matters for NGOs

1. Donor Search Has Shifted

Traditional search is fading.
Instead of Googling, donors now ask AI assistants questions like:

“Which NGOs in Pakistan work on child education?”
“Who is helping flood victims in Sindh?”

If your organization doesn’t appear in those AI-generated summaries, potential donors may never discover you.

2. AI Trusts Credible Content

Generative AI models pull data from verified, structured, and consistent sources.
If your NGO maintains an updated website, publishes clear project data, and appears in media citations, AI is far more likely to feature your name in its responses.

3. Awareness Beyond Borders

AI tools are used globally.
A well-optimized NGO website can help your cause reach international donors, journalists, and volunteers — even if you’ve never run a digital ad campaign.

Being featured in an AI-generated answer is the new form of global recognition.

GEO Strategies for Pakistani NGOs

Here’s how nonprofits can start optimizing for visibility in AI-generated answers.

1. Create FAQ-Based Content

AI engines love structured, question-based pages.
Add an FAQ section answering:

“What does your NGO do?”
“Who do you help?”
“Where do you operate?”
“How can people donate or volunteer?”

This increases the chances of your site being quoted directly in AI-generated summaries.

2. Use Structured Data

Add schema markup (like organization, location, project, and impact data) to your site.
This helps AI understand what your NGO does and where it operates — a crucial factor for GEO ranking.

**3. Publish in English and Urdu**

Many AI systems now recognize Urdu and Roman Urdu.
Publishing bilingual content allows your NGO to appear in both local and international AI results.

4. Earn Media Mentions

AI models value credibility.
Getting your projects covered by news outlets or partner blogs helps build authority signals — which AI platforms use to verify information.

5. Consistency Across Platforms

Make sure your NGO’s name, mission statement, and contact details are consistent across your website, LinkedIn, and social media pages.
AI cross-checks data to ensure legitimacy before displaying results.

Challenges Ahead

While GEO offers massive opportunity, most NGOs in Pakistan face structural barriers to adopting it.

1. Limited Digital Capacity

Many nonprofits operate without dedicated digital marketing teams.
Basic SEO and content strategy are still underdeveloped in much of the sector.

2. Lack of GEO Training

Few local organizations understand how AEO (Answer Engine Optimization) and GEO differ from traditional SEO.
Workshops and training programs will be essential to build capacity.

3. Risk of Digital Invisibility

If NGOs remain inactive online, AI models won’t have enough verified data to include them in answers.
This can lead to misinformation, where unverified organizations dominate search visibility.

The Road Ahead

For Pakistan’s nonprofit ecosystem, GEO isn’t just a marketing tactic — it’s a digital survival strategy.
Visibility in AI search means visibility to donors, volunteers, and policy influencers worldwide.

To stay relevant in 2025 and beyond, NGOs must:

Invest in content and data structure.
Train communication teams in AI-friendly practices.
Collaborate with journalists and tech partners to ensure their voices are included in digital dialogues.

When AI assistants answer global questions about “who’s making a difference in Pakistan,” your organization should be part of that answer.

In an age where AI decides what information gets seen, GEO gives Pakistani NGOs a fair shot at recognition.

It’s not about competing with corporations or influencers — it’s about ensuring your cause is represented in the new digital ecosystem.

Because if AI doesn’t mention your NGO, the world might not know you exist.

The future of activism won’t be written in reports or reels —
it will be written in AI answers.

TFS 9th Edition Advances Conversations on Climate, Leadership & Islamic Finance on Day Two

Karachi, November 6, 2025 — THE FUTURE SUMMIT (TFS) 9th Edition continued its second day in Karachi with a forward-looking agenda centered on geo-politics, sustainability, responsible leadership, and financial transformation. Following a high-energy opening day focused on economic course-correction, institutional renewal, and technology-led growth, Day Two deepened the debate around long-term value creation with discussions on geo-political strategy, climate economy, organizational purpose, and the evolution of Islamic finance.

TFS 9th Edition was co-hosted by the Nutshell Group and National Bank of Pakistan (NBP), in strategic partnership with Faysal Bank Limited and the Overseas Investors Chamber of Commerce & Industry (OICCI).

Themed “Course Correction: Redefining the Direction,” the SUMMIT set the tone for two days of powerful strategic discourse, where diverse perspectives converged to shape actionable insights.

“The Geopolitical Chessboard – Pakistan at the Strategic Crossroads” proved to be a resounding closing session bringing together Pakistan’s foremost thought leaders, strategists, and policymakers to examine the nation’s position in an evolving global order.

The session, chaired by Senator Anwaar-ul-Haq Kakar, Pakistan’s 31st Prime Minister, underscored that Pakistan’s future lies in strategic convergence, where diplomacy, defense, and development move in harmony to navigate uncertainty. Wrapping up the session, Senator Kakar said, “Creativity is hidden in concealed moments, and we need to capitalize ours.”

Opening with a powerful keynote from Gen Zubair Mahmood Hayat, N. I., Chairman Joint Chiefs of Staff Committee (2016-2019), the session aligned with “Reassessing Pakistan’s Strategic Position Amid Global Power Transitions.” Commenting on the need for redefining General Hayat stated, “Multipolarity allows Pakistan to chart relations beyond Washington and Beijing; and emergence of regional power clusters make multilateralism more relevant.”

The dialogue advanced through four thematic tracks, from strategic realignment and geoeconomic transformation, to technology-driven defense, and narrative diplomacy; highlighting deep insights on how Pakistan can synchronize security, economic, and foreign policy objectives in a fragmented world.

Air Chief Marshal Sohail Aman, Pakistan’s Chief of Air Staff (2015-2018) commenting on Air Power, Technology & the Future of National Defense and victory of the air force said, “We built institutions, respected the policies of predecessors, became technologically strong and independent, only then we succeeded.”

Commenting on Geoeconomics in Transition: Pakistan and the New Power Map, Dr. Ishrat Husain, Author, Economist, former Federal Minister & Governor, State Bank of Pakistan said, “We need to tap into export of services to meet global demand. Remittances are the earnings of our people and WTO recognizes this as export of manpower.”

Dr. Moeed Yusuf, Vice Chancellor, Beaconhouse National University, in his address on Strategic Convergence – Aligning Security, Economy & Foreign Policy, said, “There is only one goal and that is human security. Every citizen needs safety, security, and dignity. Everything else is secondary. If social indicators are down, it is a loss, despite any given success.”

Sharing his views on The Geopolitical Recalibration: Balancing Great Power Competition, Ambassador Aizaz Ahmad Chaudhry, Pakistan’s Former Foreign Secretary & Chairman, Sanober Institute said, “The world is changing at a more rapid pace than ever before. Most alarming global trends are unilateralism among large countries; and hyper-nationalism particularly in major powers.”

In the final conclusive note, Muhammad Azfar Ahsan, Founder & Chairman, Nutshell Group & Pakistan’s former Minister for Investment, while thanking the esteemed speakers, delegates and moderators, reaffirmed the need for Re-Direction for unified destination. “It is not a question of surviving but thriving, Pakistan must learn to act as one nation with common goals to do that.” Investments will be pivotal, he said, but facilitation of the present investor is necessary for attracting global businesses in future.

The day had opened with Shaping the New Climate Economy hosted by Spectreco LLC. Speakers included Faraz Khan, CEO & Managing Partner, Spectreco LLC, USA; and Sajjeed Aslam, Partner & Co-Founder, Spectreco LLC, USA. The dialogue highlighted climate innovation, green financing opportunities, decarbonization pathways, and the shift toward regenerative business models. Reiterating the urgency, Faraz stated, “We need to consider sustainability as an intergenerational investment, and an opportunity for access to capital and market growth.” Commenting on the need for strong leadership, Sajjeed informed that USD 15-20 billion is allocated by international institutions over the next 10 years for Pakistan. “We just need Climate Leaders to develop and lead green projects.”

Beyond Profit: Purpose, People & Progress examined the rising global imperative for purpose-led business and social value integration. Speakers included Sami Wahid, General Manager, Coca-Cola Pakistan & Afghanistan Region; Andleeb Abbas, Senior Advisor, FranklinCovey Pakistan; M. Haroon Qassim, Managing Director, PharmEvo Private Limited; Asif Ahmad, Group Chief Business Solutions Officer, PTCL Group; Muhammad Samiullah Siddiqui, CFO, Oxford University Press & Vice President, ICAP; and Momina Tariq, SEVP & Chief Human Resources Officer, Askari Bank. Moderated by Rabia Ahmad, Director & CEO, Nutshell Group, the discussion focused on redefining corporate responsibility through inclusion, governance, workforce well-being, and ethical growth. Asif underscoring strong internal culture, stated, “Objective and purpose must be ingrained in the values and culture of every organization. Earning profits is not intrinsically bad, as it helps us add more value to the lives of customers.”

The Financial Frontier: Reform, Resilience & Renewal, included a dialogue on The Future of Islamic Finance participated by Mufti Muhammad Hassan Kaleem, Shariah Advisor; Muhammad Atif Hanif, Chief Executive Officer of Al Baraka Bank (Pakistan) Limited; and Imtiaz Gadar, CFA, Chief Executive Officer of Al Meezan Investment Management Limited. The discussion, moderated by Mohammad Shoaib, CFA, CEO & Co-Founder, Lucky Investments Limited, delved into how Islamic finance products and structures can evolve to meet digital era demands while preserving Shariah integrity. Mufti Kaleem explained the essence of Islamic and Sharia finance stating, “Everything conventional is not Un-Islamic. We should talk about products and financial arrangements as being acceptable in Sharia instead of labelling them Islamic. ‘Riba’ the term has to be understood and explained in essence.”

This was followed by another Fireside Chat titled Beyond Stability: Crafting the Next Economic Playbook featuring Syed Muhammad Shabbar Zaidi, Author, Economic Analyst, & 26th Chairman of the Federal Board of Revenue; Khurram Husain, Senior Business & Economy Journalist; and Ali Khizar, Director Research, Business Recorder, and moderated by Assad Hameed Khan, Country Head, ACCA Pakistan. The discussion underscored how Pakistan can leverage its demographic, regional and finance advantages to reposition itself in the global market. Ali, giving a comprehensive outlook stated, “We are in the 4th year of low growth and need innovative ideas from both public and private sectors to break the cycle.” Syed Muhammad Shabbar Zaidi also underscored the need for long-term goals by stating, “In our country the primary problem is that decisions are taken in a hurry. We take steps for immediate results, while reforms take decades to bear fruit.”

With interspersed Q&A sessions, profound insights, and key take aways, TFS 9th Edition proved to be a strong showcase of voices and actionable strategies best positioned for determining the ‘Course’ ahead.

Student Attendance Monitoring: Sindh Launches Revolutionary Student Monitoring System to Transform Education

SAMRS: A Digital Leap for Education Reform

Sindh Chief Minister Syed Murad Ali Shah inaugurated the Student Attendance Monitoring and Redress System (SAMRS) on Thursday, hailing it as a groundbreaking initiative that integrates technology with evidence-based policymaking. The provincial government described SAMRS as a “pioneering, transformative, and nationally replicable model” that could redefine education governance in Pakistan.

Integrated Platform for Better Learning Outcomes

Speaking at the launch ceremony in Karachi, CM Murad emphasized that SAMRS is Pakistan’s first digital system linking student attendance, school infrastructure, teacher performance, and learning outcomes. “This is not just a monitoring tool,” he stated. “It allows us to make decisions based on data rather than assumptions, helping us address challenges swiftly and effectively.”

Key Features and Expansion Plans

The system, already operational in 600 schools across 12 districts, is being expanded to four more districts with UNICEF support. SAMRS tracks absenteeism, predicts dropout risks, and recommends interventions to improve school management. The chief minister announced plans to institutionalize SAMRS through a new policy, ensuring its long-term sustainability within Sindh’s education framework.

Government and Development Partners Collaborate

The event was attended by Education Minister Syed Sardar Shah, World Bank Country Director Bolormaa Amgaabazar, and representatives from UNICEF, ADB, British Council, and other organizations. CM Murad thanked development partners for their support while stressing the need to integrate SAMRS with health, nutrition, and child protection initiatives. “Schools must become centers of child well-being,” he asserted.

Verified Student Data and High Compliance Rates

Education Minister Sardar Shah highlighted SAMRS’ shift from system-generated IDs to NADRA-verified B-Form numbers, ensuring accurate student tracking. He reported that 99% of participating schools submitted attendance data, with 92% implementing corrective measures—a significant step in reducing dropout rates.

World Bank Praises Sindh’s Commitment

World Bank Country Director Bolormaa Amgaabazar commended the Sindh government for its leadership, noting that SAMRS reflects the province’s dedication to education reform rather than being a donor-imposed project.

US Media Alleges Pakistani Political Party Helped Zohran Mamdani Win NYC Mayorship

A recent report by the New York Post has alleged that a Pakistani political party indirectly helped Zohran Mamdani, New York City’s newly elected mayor, secure victory — marking the city’s first-ever Muslim and South Asian leader.

According to the publication, Pakistan’s Haqooq-e-Khalq Party (HKP) — a left-wing political organization — was linked to activist networks and advocacy groups that supported Mamdani’s campaign efforts through community outreach among South Asian voters.

The report highlights the involvement of Desis Rising Up and Moving (DRUM), a New York–based immigrant rights organization, and its political wing DRUM Beats, which spearheaded grassroots voter mobilization efforts in boroughs with significant Pakistani, Bangladeshi, and Indo-Caribbean populations.

DRUM reportedly mobilized over 150,000 South Asian and Indo-Caribbean voters, a record-breaking turnout that analysts described as “unprecedented in New York City politics.”

While there is no direct evidence of financial or material support from HKP, the report alleges that the party’s affiliated activists and sympathizers in the United States played an informal but influential role in community organization and political messaging.

The claims have sparked heated debate across political and diaspora circles, with some praising the increased engagement of South Asian communities in American politics, while others expressed concerns about foreign political influence.

Mamdani’s campaign team has not issued an official response to the allegations. However, supporters dismissed the claims as an attempt to undermine a historic milestone for Muslim and South Asian representation in U.S. politics.

Zohran Mamdani, born in Kampala, Uganda, to an Indian mother and Ugandan father of South Asian descent, built his political profile as a community organizer and New York State Assembly member before running for mayor.

The New York Post report also noted that many of Mamdani’s campaign priorities — including housing rights, workers’ protections, and immigration reform — align ideologically with movements supported by progressive South Asian political circles, including those with roots in Pakistan.

Political analysts say that the growing influence of South Asian voters — particularly from Pakistani and Bangladeshi backgrounds — has become a decisive force in New York elections, reflecting broader demographic and cultural shifts in U.S. urban politics.

The investigation is ongoing, and neither HKP nor Mamdani’s campaign has been officially accused of wrongdoing.

Sindh Chief Minister Hails Zohran Mamdani Victory as Karachi’s Pride

Karachi’s Progressive Spirit Recognized Globally

Sindh Chief Minister Syed Murad Ali Shah has celebrated Zohran Mamdani’s historic election as New York City mayor, framing it as a significant moment for Karachi’s global influence. The Pakistani-American politician’s victory marks a milestone for diaspora representation in American politics, drawing particular attention from Karachi’s leadership.

“Karachi Leads, New York Follows” Declaration

In a powerful statement that resonated across political circles, CM Shah proclaimed “Karachi leads, New York follows,” emphasizing his city’s role in shaping progressive leadership worldwide. This bold assertion underscores Karachi’s self-perception as a trendsetter in political thought and social progressivism, despite the city’s well-documented challenges.

Cultural Connections Between Global Cities

The Chief Minister’s remarks highlight the growing recognition of cultural and political connections between Karachi and major global cities like New York. Both metropolitan areas share characteristics as diverse, dynamic urban centers facing complex governance challenges while producing influential political figures.

Implications for Pakistan’s Global Image

Mamdani’s election and the subsequent response from Karachi’s leadership present an opportunity to examine Pakistan’s evolving position in international politics. The celebration of this achievement reflects growing confidence in Pakistani-origin leadership on the world stage and the potential for stronger diaspora engagement.

Dubai Urban Development: Dubai Unveils Ambitious Mega-Projects to Become World’s Most Liveable City

Crown Prince Approves Sweeping Urban and Economic Reforms

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved a series of transformative policies aimed at making the emirate one of the world’s most beautiful, liveable, and healthiest cities. The initiatives, announced during the UAE Annual Government Meetings 2025, span urban development, healthcare, education, and economic growth, reinforcing Dubai’s vision for long-term sustainability and global competitiveness.

Massive Urban Greening Initiative to Expand Public Parks

Dubai’s Public Parks and Greenery Strategy will introduce 310 new parks and upgrade 322 existing ones, increasing green spaces to 187 square kilometres—all irrigated with 100% recycled water. By 2040, the city aims to ensure 80% of residents live within a five-minute walk of a park while boosting annual park visits to 95 million. The plan also includes tripling the number of trees across the emirate.

Aviation Talent 33 to Strengthen Dubai’s Global Hub Status

The Aviation Talent 33 initiative seeks to cement Dubai’s leadership in global aviation by creating 15,000 jobs and 4,000 training opportunities through 30+ strategic partnerships. This aligns with Dubai’s goal to double its economy and integrate 65,000 Emiratis into the private sector, further enhancing workforce development in the aviation industry.

Affordable Schools and Sports Hub Plans Unveiled

To improve education accessibility, Dubai will add 60 affordable schools by 2033, providing 120,000 additional seats through incentives like reduced government fees and leasing costs. Meanwhile, the Sports Sector Strategic Plan 2033 aims to position Dubai as the world’s top sports hub, with 19 programs and 75 initiatives targeting international events, talent development, and community sports participation.

New Financial Court and Enhanced Early Disease Detection

A Financial Restructuring and Insolvency Court will be established to streamline bankruptcy cases, supporting Dubai’s goal to rank among the top three global financial centres. On the healthcare front, the emirate will expand early disease detection programs, aiming for a 40% rise in colon cancer screenings, 50% increase in vaccinations, and 90% patient satisfaction, with medical appointments reduced to seven days or less.

Zohran Mamdani Victory: Progressive Wave Sweeps US Elections as Democrats Score Key Victories

Leftist Candidate Zohran Mamdani Elected New York Mayor in Historic Win

New York voters made history Tuesday by electing progressive state lawmaker Zohran Mamdani as their next mayor, marking a significant shift in the city’s political landscape. The 34-year-old socialist Democrat, who ran on a platform of affordable housing, free public transit, and municipal grocery stores, overcame fierce opposition from business elites, conservative media, and former President Donald Trump. His victory makes him New York’s first Muslim mayor, set to take office in January.

Democrats Dominate Governor Races in Virginia and New Jersey

The Democratic Party secured crucial wins in Virginia and New Jersey’s gubernatorial races, signaling potential trouble for Republicans ahead of the 2026 midterm elections. In Virginia, Abigail Spanberger reclaimed the governor’s mansion from GOP control, while in New Jersey, Mikie Sherrill defeated a Trump-backed challenger. Former President Barack Obama celebrated the results, stating, “The future looks a little bit brighter.”

Trump Blames Losses on Shutdown, Denies Republican Weakness

Despite the Democratic sweep, Donald Trump refused to accept responsibility for Republican defeats, instead blaming the government shutdown and his absence from the ballot. On Truth Social, he cited unnamed pollsters to deflect criticism, while House Minority Leader Hakeem Jeffries taunted Republicans, declaring, “Democrats are smoking Donald Trump and Republican extremists.”

Mamdani’s Grassroots Campaign Overcomes Establishment Opposition

Mamdani, a previously little-known Queens assemblyman, built momentum through grassroots organizing and social media outreach, focusing on soaring living costs and corporate greed. His victory over Andrew Cuomo and Republican Curtis Sliwa came despite relentless attacks from billionaire Bill Ackman and conservative outlets like the New York Post. High voter turnout—1.45 million ballots by 3 PM—reflected strong public engagement.

Challenges Ahead for Mamdani Amid Political Polarization

While Mamdani’s win energizes the progressive wing of the Democratic Party, experts warn of governance hurdles. Syracuse University’s Grant Reeher noted that Mamdani will face an “uphill battle” in a city rife with political divisions. Meanwhile, some Cuomo supporters expressed fears of a Trump-led federal intervention, though others blamed Sliwa for splitting the conservative vote.

Google Chromebook Pakistan: Chromebook Assembly Launch Marks Pakistan’s Tech Sector Milestone

Finance Minister Hails Pakistan as Future Export Hub for Google Products

Finance Minister Muhammad Aurangzeb praised the launch of Pakistan’s first Google Chromebook assembly line, calling it a significant step toward establishing the country as a global export hub for technology products. Speaking at the Future Summit in Karachi, Aurangzeb highlighted Pakistan’s potential in digital transformation and maritime sectors, emphasizing Google’s strategic interest in leveraging local manufacturing capabilities.

Government Focuses on Digital Skills for AI and Blockchain Growth

Aurangzeb stressed the importance of equipping Pakistani youth with advanced technical skills to capitalize on emerging opportunities in coding, blockchain, and artificial intelligence (AI). He noted that private sector involvement is crucial for economic progress, with IT and maritime industries being key drivers of an export-oriented economy.

Chromebook Assembly Line Signals Digital Transformation Push

The Google Chromebook assembly facility, inaugurated by Deputy Prime Minister Ishaq Dar, was described as a “defining moment” in Pakistan’s digital evolution. Aurangzeb revealed that Google’s long-term plan includes making Pakistan a manufacturing and export base, aligning with the government’s vision for AI-driven economic growth and expansion of the blue economy.

Economic Reforms and Privatization Drive Underway

teThe finance minister highlighted improving macroeconomic indicators, citing 9% growth in corporate profits and recognition from international rating agencies. He noted that 900,000 new taxpayers were added through digitization efforts, enhancing revenue collection. Aurangzeb also confirmed plans to privatize 24 state-owned enterprises, including Pakistan International Airlines (PIA), with the process expected to conclude by year-end.

TFS 9th Edition Re-Defines Direction in Global Shifts, Digital Futures, and Pakistan’s Growth Imperative Context

Karachi, November 5, 2025 — Following an impactful inaugural session with keynotes by Chief Minister Sindh, Syed Murad Ali Shah; Federal Ministers for Finance, and Climate Change; Governor KP, Faisal Karim Kundi; and corporate leadership, THE FUTURE SUMMIT (TFS) 9th Edition continued its first day with high-level strategic conversations, bringing global context and local urgency to Pakistan’s course-correction narrative.

THE FUTURE SUMMIT 9TH Edition (TFS), one of Pakistan’s premier thought leadership platforms, is co-hosted by the Nutshell Group and National Bank of Pakistan (NBP), in strategic partnership with Faysal Bank Limited and the Overseas Investors Chamber of Commerce & Industry (OICCI).

The world stands at an inflection point as climate shocks, technological upheaval, and shifting global powers demand more than adjustment; they demand course correction. The 9th Edition of TFS united leaders to confront a defining question; Are we ready to change direction before it’s too late?

The second session themed From Global Insights to Local Action opened with a strategic fire-side chat on global macroeconomic shifts, trade disruptions, and emerging market trajectories, setting the stage for Pakistan’s own repositioning efforts. Speakers included Jonathan Ashworth, Global Chief Economist, ACCA and Sajjeed Aslam, Partner & Co-Founder, Spectreco LLC, USA. Both highlighted the conflict of long-term vision with constant disruption and need to address both simultaneously.

Continuing the session, Samad Dawood, Vice Chairman, Engro Corporation; Saira Awan Malik, President, TCS Private Limited; Naz Khan, Principal Country Officer, IFC Pakistan; Muhammad Hamayun Sajjad, Chief Executive Officer, Mashreq Pakistan; Dr. Ayesha K. Khan, Regional Managing Director, Acumen; and Kabeer Naqvi, Entrepreneur in Residence, Abhi Fintech, UAE; came together for a panel discussion moderated by Assad Hameed Khan, Country Head, ACCA Pakistan. They examined regional supply-chain realignments, the changing nature of capital flows, and the need for policy consistency to restore investor confidence. Samad expounded the need for actionable plans saying, “Countries need to spread their linkages and vary their markets both for imports and exports to counter impacts of geo-political fragmentation.” Saira regretted that there was not much scope for value added services and low margins were hindering investments in Pakistan. Defining key areas for course correction, she stated that, “Focus on infrastructure, regulatory and taxation reforms, dispute resolution mechanisms, and incentivizing female participation in workforce, are some vital corrections needed.”

The next dialogue on What’s Shaping Pakistan’s New Growth Story? saw leaders from financial services, technology, manufacturing, and insurance sectors shared perspectives on productivity, governance, and digital financial inclusion. The session panelists included Muhammad Ali Gulfaraz, Chief Executive Officer, Dubai Islamic Bank Pakistan Limited; Fatima Asad-Said, CEO, Abacus; Shoaib Javed Hussain, CEO, State Life Insurance Corporation of Pakistan; Dr. Amjad Waheed, CEO, NBP Funds; Umar Ahsan Khan, CEO, Dawlance; Farrukh H. Khan, Chief Financial Officer, Jazz; and Usman Yousuf, Director, Nutshell Group as moderator. Umar spoke on the essence of the depth of Pakistan’s market and potential for upscaling given stable policy framework. “Pakistan only has one effective Free Trade Agreement (FTA). We need to focus on such agreements to increase export trade volume,” he said. Commenting on use of technology, Fatima said, “AI should be intelligently used to augment data driven decision making led growth as well as positively impact the customer experience.” “Developing countries have the freedom to start from the scratch and bypass legacy system to get a jumpstart on new technology,” Farrukh added. Muhammad Ali Gulfaraz observed, “MENA is more relevant to Pakistan today than western institutions and is ready to take risks in the Pakistani market.” All speakers underscored the importance of private-sector leadership, rational use of technology, prioritizing areas of short-term and long-term growth and investment in relevant areas to unlock Pakistan’s demographic dividend and strengthen global competitiveness.

In Intelligence Reimagined — Shaping the Digital Future of Business speakers focused on the power of AI, cloud infrastructure, data analytics, and platform-driven business models in reshaping enterprise performance. Panelists including Lasha Tabidze, Global Chief Digital Operations Officer, VEON; Naseer Akhtar, Chairman, InfoTech Group; Fahad Zahid, Interim Country Managing Director, SAP Pakistan & Bahrain; Muhammad Mohtashim Jangda, Director Business (MENA & USA), TMC Private Limited; Ayub Zakori, Chief Executive Officer, Zakori Group; and moderator Mujeeb Zahur, Managing Director, S&P Global Pakistan, discussed how Pakistan’s digital economy can transition from automation to intelligence, enabling predictive decision-making, operational resilience, cybersecurity maturity, and scalable innovation. Mujeeb emphasized on digital transformation, saying, “Emerging technologies have received more investment in the three quarters of 2025 at USD 138 bn, as against the whole of 2021, with gen AI startups getting 75%.” Lasha brought in the global perspective of a tech-co and shared, “Tech touches lives and livelihoods and not just balance sheets. When this is achieved, only then is digital transformation making the right impact.” Fahad added, “AI, robotics, and business automation are continuous trends since the past decade, and the aim is to create intelligent and sustainable enterprises now.”

The final conversation of the day, Reputation & Influence, explored how credibility, brand equity, and strategic communication have become core assets in building business and national competitiveness. Speakers included Trent Ross, Global Chief Research Officer & EVP, Ipsos; Konstantin Makarov, Senior Advisor Global Markets, Churchill Downs & Managing Partner, StartLink Advisory Group; moderated by Usman Yousuf, Director, Nutshell Group. They examined the intersection of narrative power, corporate governance, and economic diplomacy, emphasizing Pakistan’s need for reputational rebuilding through transparency, institutional strength, and consistent reform signaling.

Day One concluded with networking and stakeholder engagements, as delegates reflected on the urgency of purposeful economic course correction, institutional reform, tech-enabled governance, and globally competitive business practices. The conversations set a strategic foundation for Day Two, which will dive deeper into climate resilience, purpose-driven business leadership, Islamic finance, with a major focus on Pakistan’s strategic role in the evolving geopolitical environment.

PM Shehbaz Tasks NA Speaker to Build Consensus for 27th Constitutional Amendment

Speaker Summons Parliamentary Leaders for Crucial Session

Prime Minister Shehbaz Sharif has assigned National Assembly Speaker Ayaz Sadiq the responsibility of building political consensus for the smooth passage of the 27th Constitutional Amendment. In response, Speaker Sadiq has summoned a meeting of all parliamentary leaders today at 4:00 PM to discuss the proposed constitutional changes.

Government Prepares for Senate Submission and Review

The bill for the 27th Constitutional Amendment will be tabled in the Senate on Friday and subsequently referred to the Senate Committee for review the same day. The government aims to fast-track the legislative process, ensuring the amendment moves forward without unnecessary delays.

Inclusive Approach: PTI and JUI-F Also Invited

Despite political differences, the government has extended invitations to Pakistan Tehreek-e-Insaf (PTI) and Jamiat Ulema-e-Islam-Fazl (JUI-F) to participate in the discussions. The meeting will include chief whips and parliamentary leaders from allied parties, emphasizing an inclusive approach to constitutional reform.

Discussion on Amendment Features and Legislative Strategy

During the session, the key features of the proposed amendment will be shared with political stakeholders, and Speaker Sadiq will urge all parties to support the bill. If consensus remains elusive, the government is prepared to rely on its parliamentary strength (224 members) to ensure passage.

PML-N Mobilizes Lawmakers for Swift Action

The Pakistan Muslim League-Nawaz (PML-N) has directed its members and coalition partners to immediately return to Islamabad to ensure their presence during crucial parliamentary proceedings. The ruling coalition is confident in its numerical advantage but seeks broader political backing for the amendment.

Pakistani Cinema Meets AI: Can Generative Tools Rewrite Lollywood?

For years, Lollywood — Pakistan’s film industry — has fought to find its footing between Bollywood’s glitz and Hollywood’s dominance. Budget constraints, limited technology, and inconsistent storytelling have slowed its growth.

But in 2025, a new force is entering the picture: Artificial Intelligence.

From writing screenplays to creating digital actors, AI is rapidly transforming global cinema. And for Pakistan’s struggling film industry, it could be the creative revival it has been waiting for.

How AI Is Entering Cinema

1. AI Scriptwriting

AI-powered tools like ChatGPT, DeepStory, and Sudowrite can now generate full screenplays, complete with dialogue, pacing, and emotional arcs.
Pakistani writers can use these tools to brainstorm ideas, write faster, or test story variations before production begins.

2. AI Dubbing and Translation

Language barriers are shrinking.
With synthetic voice dubbing, a film shot in Urdu can be instantly dubbed into Punjabi, Pashto, English, or even Arabic — opening access to new global audiences.
This could be a breakthrough for cross-border streaming platforms.

3. Visual Effects and CGI

Generative AI tools like Runway and Kaiber can create cinematic backgrounds, special effects, or fantasy scenes without the need for expensive studios.
What once cost millions can now be done by a small creative team with a laptop.

4. Audience Analysis

AI analytics platforms study trailer reactions, reviews, and viewing trends to predict what kinds of stories resonate.
This data-driven storytelling can help filmmakers choose scripts that align with audience demand — increasing the odds of box office success.

Opportunities for Lollywood

1. Lower Production Costs

AI tools can reduce costs for scriptwriting, editing, dubbing, and effects, allowing independent filmmakers to compete with larger studios.

2. Global Accessibility

With multilingual AI dubbing, Pakistani films can reach international markets via Netflix, Amazon, or YouTube, breaking language barriers that once limited reach.

3. Creative Experimentation

AI allows small teams to experiment with genres and visuals once considered too expensive — from sci-fi thrillers to historical epics — breathing new life into local storytelling.

Risks and Concerns

1. Loss of Authenticity

Over-reliance on AI-generated plots and dialogue could make films feel formulaic and strip away cultural nuance.

2. Copyright and Ownership

Who owns an AI-written script? The filmmaker, the model, or the algorithm?
These unresolved legal issues could create new intellectual property battles.

3. Fear Among Creatives

Actors, writers, and editors worry about AI replacing human talent.
But realistically, AI will assist, not replace — augmenting creativity rather than erasing it.

The Road Ahead

Pakistan’s film industry stands at a crossroads.
If used wisely, AI can make filmmaking faster, cheaper, and more inclusive, empowering young creators who lack big studio resources.

The key is to treat AI as a creative co-pilot, not a replacement for human imagination.
By blending cultural storytelling with technological innovation, Pakistan can reinvent Lollywood as a modern, global cinema hub.

AI won’t replace directors, actors, or storytellers — but it will change how stories are made, shared, and experienced.

For Lollywood, this isn’t just about catching up with global cinema.
It’s about redefining its creative identity in the digital age — and using AI to tell Pakistani stories that resonate across the world.

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How AI Is Entering Cinema

1. AI Scriptwriting

2. AI Dubbing and Translation

3. Visual Effects and CGI

4. Audience Analysis

**3. Publish in English and Urdu**