Dr Umar Saif – BOL News Staging

IT exports goes up by 39% in January: Dr Umar Saif

February 21, 2024 by Abid Khan

ISLAMABAD: Caretaker Minister for Information Technology and Telecommunication, Dr Umar Saif has said that IT exports in January witnessed an increase of 39.4 percent to $265 million compared to $190 million in the same month of the last fiscal year.

“Pakistan’s IT industry continues to grow and sets new records. IT exports in January are up by 39.4 percent to $265 million, compared to $190 million in the same month in 2023,” the minister posted on X.

Additionally, the minister disclosed that IT exports during the first seven months of the current fiscal year (July-January) reached $1.7 billion, marking a 13 percent increase from $1.5 billion in the corresponding period of the last year.

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Govt achieves 13 goals, out of 15, set to promote IT sector: Dr Saif

February 18, 2024 by Muhammad Zahid

Govt achieves 13 goals, out of 15, set to promote IT sector within brief period: Dr. Saif

ISLAMABAD: Minister for Information Technology and Telecommunication Dr Umar Saif has said the caretaker government had successfully achieved 13 goals, out of 15, set to promote the IT sector and increase its exports within a brief period of 5 months under the caretaker setup. In a video message, he said, “We have achieved 13 out … Read more

Umar Saif Unveils Rs2bn Startup Fund for Pakistan

January 9, 2024January 9, 2024 by Hamza Ali

Umar Saif unveils Rs2bn Startup Fund for Pakistan’s startups. Fund accelerates venture capital with 30% govt, 70% private support. Expected impact: Rs50bn yearly, driving economic growth and tech advancements. In a significant move towards fostering innovation and boosting economic growth, Dr. Umar Saif, the Federal Minister for Information Technology, officially launched the Pakistan Startup Fund … Read more

PayPal to launch services in Pakistan soon: IT Minister

January 7, 2024 by Muhammad Zahid

ISLAMABAD: Caretaker Minister for Information Technology and Communication Dr. Umar Saif says the government has given green signal to long -standing demand of freelancers to receive remittances in Pakistan through PayPal. In a video statement, the Minister said an international company PayPal will provide facility to freelancers for receiving of remittances in their accounts through … Read more

PayPal enters Pakistani market through strategic partnership

January 6, 2024 by Muhammad Zubair

ISLAMABAD: PayPal is gearing up to make a significant entry into Pakistan through a strategic partnership with an established international payment gateway, specifically catering to the country’s flourishing community of freelancers and IT professionals. The formal announcement of this joint venture is anticipated in the coming week. Dr. Umar Saif, the Caretaker Minister for IT … Read more

E-Rozgar centers for freelancers will be established soon: IT Minister

January 4, 2024January 3, 2024 by Abid Khan

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunications Dr. Umar Saif disclosed that the government would initiate a project to establish 10,000 countrywide E-Rozgar centers equipped with the latest facilities to facilitate freelancers and start-ups from January 11. This historic initiative was aimed to address the current challenge faced by approximately 1.5 million freelancers … Read more

PayPal, Stripe Set To Facilitate Pakistan’s Freelance Community

December 4, 2023October 16, 2023 by Aimen Siddiqui

Pakistan government is actively engaged in discussions with PayPal and Stripe, says officials. The aim is to enable IT professionals and freelancers to efficiently transfer their earnings. Around 27 companies and over 45 start-ups from Pakistan are exhibiting at Gitex. A senior official announced on Monday that the Pakistan government is actively engaged in discussions … Read more

Federal IT Ministry starts preparations for launch of 5G

September 23, 2023 by Abid Khan

Pakistan Set to Introduce 5G by August 2024

Federal IT Minister Dr Umar Saif issued instructions to PTA.
The 5G auction could fetch millions of dollars to government.
The spectrum auction is likely to take place after 10 month.

ISLAMABAD: The Ministry of Information Technology and Telecommunication has started preparations for the launch of 5G.

Sources say that Caretaker Minister for Information Technology and Telecommunication Dr. Umar Saif has issued instructions to Pakistan Telecommunication Authority (PTA) and related officers regarding the issuance of 5G.

According to IT Ministry sources, the 5G auction could fetch millions of dollars to the government, while the spectrum auction is likely to take place after 10 months.

According to the sources, Pakistan’s mobile companies are currently using around 367 megahertz (MHz) of spectrum, while the spectrum available through reforming will be auctioned to more than 600 megahertz(MHz).

Sources say that the spectrum auction will also provide prompt redressal of network-related complaints of users.

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IT Minister Eyes PayPal and Stripe to Boost Pakistan’s IT Exports

September 2, 2023 by Aimen Siddiqui

Caretaker IT minister wants to introduce PayPal and Stripe in Pakistan. He unveiled a roadmap to achieve $10 billion in annual IT exports. He also plans to launch a government-backed fund of funds for startups. Dr. Umar Saif, the Caretaker Federal Minister for IT and Telecommunication, has expressed his desire to introduce online payment systems … Read more

PayPal and Stripe expected to launch in Pakistan soon

September 1, 2023 by Muhammad Zubair

Pakistani freelancers have long lamented the absence of PayPal, the ubiquitous online payment platform that facilitates global money transfers. However, a recent announcement by Dr. Umar Saif, the caretaker Federal Minister for Information Technology and Telecommunication, has ignited celebrations in the freelancing community. Dr. Saif has expressed a strong commitment to bringing both PayPal and … Read more

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