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Articles for tag: All included, catalyst, Development, economy, Latest, Pakistan, Pakistans, technological

November 13, 2023

News Desk

catalyst for Pakistan’s technological development

KARACHI: To build a stronger picture of the phenomena we call genetic artificial intelligence, let me examine how it all began. The term artificial intelligence was coined at Dartmouth Laboratory in 1956. Researchers, including John McCarthy, Marvin Minsky, Nathaniel Rochester, and Claude Shannon, gathered to discuss the possibilities of creating intelligent machines. Between the 1980s and 1990s, there was a resurgence of interest in machine learning, particularly neural networks. Backpropagation, a method for training neural networks, was developed. However, progress has been limited by computing power and data availability. Artificial intelligence has evolved from theoretical concepts to practical, real-world applications

November 13, 2023

News Desk

Pakistan’s World Cup campaign has been overshadowed by the drama of payment disputes

Despite their stand-off with the PCB over wages and match fees, the national cricketers could not translate their efforts into positive results during the ongoing 2023 World Cup after the Asia Cup. According to the details, the central contract dispute was also blamed for the poor performance of the national cricketers in the mega-event tournaments. The players remained embroiled in financial issues even before the departure, reducing the focus on the game. In the final moments before departure, the board reached an agreement with the players accepting their terms and finalizing the contracts. According to sources, there has been a

November 11, 2023

News Desk

Fans fume over Pakistan’s dismal performance as World Cup journey ends

— AFP/File The Pakistan cricket team has drawn the ire of fans who have expressed anger and frustration over the team’s below-par performance in the 2023 World Cup which has resulted in their elimination from the big event today (Saturday). Facing England in their final group match, the Green Shirts needed to bowl the defending champions and chase down the target in 3.4 overs. However, by the time the Jos Buttler-led side crossed the 150-run mark, Pakistan were effectively ruled out of the major tournament as they had to outscore New Zealand in net run rate (NRR). The Babar Azam-led

November 11, 2023

News Desk

Vaughan predicts Pakistan’s key players for the England match

Former England cricketer Michael Vaughan weighed in on Pakistan’s strategy for their upcoming match against England on Saturday. With Pakistan on the verge of being eliminated from the 2023 World Cup, the pressure is mounting on the team to secure a decisive win against England. Speaking to Cricbuzz, Vaughan highlighted the need for players with an impressive 160 to 170 percentage and effective wicket-takers. He singled out Haris Rauf and Shaheen Shah Afridi as potential game-changers, citing Rauf’s knack for quick wickets and Afridi’s proven ability to break up oppositions. “What Pakistan needs to do is very simple. They need

November 7, 2023

News Desk

Arthur calls for divine intervention to save Pakistan’s World Cup campaign

Pakistan scored back-to-back wins over Bangladesh and New Zealand to reignite their campaign with Zaman returning from a knee injury to hit 81 and then an impressive 81-ball 126 not out against the Kiwis. With eight points from as many games, Pakistan not only need to beat England in their final game in Kolkata on Saturday, but also hope that New Zealand lose to Sri Lanka in Bangalore two days earlier or that the match has finish. Afghanistan can also overtake Pakistan depending on the results in their last two matches. “Who knows how we will go in this competition,”

November 6, 2023

News Desk

Rethinking Pakistan’s Export Strategy

Islamabad: Everyone agrees that the only way out of the abyss that Pakistan’s economy finds itself in every few years is to significantly increase our dollar income. These non-debt inflows can only be realized through increased exports, investment or remittances. In this article, I will focus on the export part of this equation. In my view, increased reliance on remittances serves as a disincentive to production and only facilitates consumption with inflationary effects. Similarly, foreign investment flows come with liabilities, particularly when directed to infrastructure such as electricity and highways. The China-Pakistan Economic Corridor (CPEC) is a case in point.

November 5, 2023

News Desk

Pakistan’s first local currency venture capital fund launched

KARACHI: Pakistan is set to launch its first local currency venture capital fund, aiming to boost the country’s technology sector and support startups. Sai Venture Capital Private, a Lahore-based firm, is leading this initiative, with plans to raise $10 million primarily from local investors. According to a Bloomberg report, Ahsan Jamil, the co-founder of Sai Venture Capital, said the fund is currently 40% committed and recently received approval from the Securities and Exchange Commission of Pakistan (SECP). Jamil emphasized the importance of local investors, stating, “The ecosystem doesn’t grow if you don’t have local smart capital.” This move comes at

November 4, 2023

News Desk

What did Fakhar, Babar and Williamson say after Pakistan’s win?

Pakistan withstood a battering by New Zealand’s top order before unleashing their own attack through centurion Fakhar Zaman to win a rain-hit World Cup match by 21 runs via the DLS method on Saturday and stay alive in the hunt a place in the semi-final. Chasing 402 to win the high-stakes clash, Pakistan took the attack to New Zealand as Fakhar hit a massive 63-ball century and Babar Azam reached his fifty when rain halted play with the score at 160 -1 in 21.3 overs. The target was revised to 342 in 41 overs and Fakhar picked up where he

November 4, 2023

News Desk

Fakhar Zaman smashes Pakistan’s fastest ton in the World Cup

Cricket – ICC Cricket World Cup 2023 – New Zealand – Pakistan – M. Chinnaswamy Stadium, Bengaluru, India – November 4, 2023 Pakistan’s Fakhar Zaman in action. — Reuters Pakistan’s prolific batsman Fakhar Zaman on Saturday smashed the fastest World Cup century for the Green Shirts as his side took on New Zealand in the mega tournament in Bangalore. Fakhar smashed 100 runs in 63 balls at a strike rate of 157.81. “It was an easy and comfortable century. It was an amazing innings and it gave the early impetus that Pakistan needed.” ESPN she said on her live commentary

November 4, 2023

News Desk

Pakistan’s notable presence at Gitex Global 2023

The main stage of Gitex Global at the Dubai World Trade Center in Dubai, United Arab Emirates. — Photo by author Pakistan successfully created an impressive and powerful buzz during the recently concluded Gitex Global 2023, the world’s largest technology event held in Dubai, United Arab Emirates, from October 16 to 20, 2023. During the event, Dubai hosted over 6,000 exhibitors from at least 180 countries. At the opening ceremony, the Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum underlined the importance of the event. The country is “showing a

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