BR100 Increased By (2.12%)
BR30 Increased By (2.31%)
KSE100 Increased By (1.96%)
KSE30 Increased By (1.93%)
AGHA 6.18 Increased By ▲ 0.06 (0.98%)
BECO 4.23 Increased By ▲ 0.07 (1.68%)
BML 61.84 Decreased By ▼ -0.89 (-1.42%)
BOP 31.70 Increased By ▲ 0.80 (2.59%)
CNERGY 12.06 Increased By ▲ 0.09 (0.75%)
CSIL 5.63 Increased By ▲ 0.21 (3.87%)
FCCL 58.71 Increased By ▲ 1.93 (3.4%)
FFL 13.47 Increased By ▲ 0.13 (0.97%)
FNEL 1.17 Increased By ▲ 0.02 (1.74%)
KEL 6.14 Increased By ▲ 0.14 (2.33%)
KOSM 5.66 Increased By ▲ 0.18 (3.28%)
LOTCHEM 24.82 Increased By ▲ 0.45 (1.85%)
MLCF 102.09 Increased By ▲ 4.60 (4.72%)
NBP 179.66 Increased By ▲ 5.16 (2.96%)
NCPL 50.05 Increased By ▲ 1.58 (3.26%)
NPL 52.90 Increased By ▲ 2.67 (5.32%)
OGDC 316.24 Increased By ▲ 5.77 (1.86%)
PACE 9.21 Increased By ▲ 0.16 (1.77%)
PAEL 34.02 Increased By ▲ 0.95 (2.87%)
PIBTL 13.42 Increased By ▲ 0.27 (2.05%)
PPL 221.30 Increased By ▲ 4.13 (1.9%)
PRL 84.60 Decreased By ▼ -1.06 (-1.24%)
PTC 48.38 Increased By ▲ 2.19 (4.74%)
SSGC 22.94 Decreased By ▼ -0.38 (-1.63%)
TBL 9.30 Increased By ▲ 0.28 (3.1%)
TELE 7.07 Increased By ▲ 0.34 (5.05%)
TPL 25.86 Decreased By ▼ -0.24 (-0.92%)
TPLP 13.11 Increased By ▲ 0.44 (3.47%)
TREET 24.99 Increased By ▲ 1.19 (5%)
TRG 54.03 Increased By ▲ 0.86 (1.62%)
Technology

Pakistani tech co Zuma Resources sets up UK subsidiary for global connectivity expansion

  • Company said Zuma Global would facilitate its UK operations
Published Updated

Zuma Resources Limited has incorporated a wholly owned subsidiary in the United Kingdom as part of its international expansion strategy, with the new entity set to develop and expand the group’s digital connectivity and technology operations.

According to a notice sent to the Pakistan Stock Exchange (PSX) on Monday, Zuma Global Ltd was incorporated in England and Wales on September 18, 2026, under the UK Companies Act 2006.

“As part of its international expansion strategy, Zuma Global Ltd has been established in the United Kingdom to develop and expand the Group’s technology and global connectivity-related business activities in international markets,” read the notice.

The company said Zuma Global would facilitate its UK operations, with the group progressing towards the launch of SIM and digital connectivity services in the market.

The documents show the subsidiary has a registered office in London and lists its principal activities as information technology consultancy, other information technology services and other telecommunications activities.

Sohaib Anwar, a Pakistani national, has been appointed as director of Zuma Global, according to the incorporation documents.

Zuma Resources Limited: performance and outlook

“As part of the UK market-entry process, formal regulatory engagement with the Office of Communications (Ofcom), the United Kingdom’s communications regulator and the company has undertaken steps to align its operations, customer framework and digital platforms with the applicable UK regulatory and consumer-compliance requirements,” the notice read.

The planned UK operations will offer digital eSIMs, physical SIMs and other connectivity solutions through Zuma’s technology platforms, including its global eSIM marketplace.

“The establishment of Zuma Global Ltd represents another step in Zuma Resources Limited’s strategy to build an international digital connectivity and technology business, with the United Kingdom expected to serve as an important market and operating base for the group’s international expansion.

The company intends to progressively introduce and market its SIM and related digital connectivity services in the United Kingdom, subject to applicable regulatory, commercial and technical requirements”

Zuma Resources Limited, formerly known as Bilal Fibres Limited, is a public listed company incorporated in Pakistan in 1987. Initially, it manufactured and sold yarn, offering various types for weaving or knitting applications and exporting products to Europe, the Far East, and the Middle East.

The company announced its name change from Bilal Fibres Limited to Zuma Resources Limited on August 12, 2025.

In September 2025, the company changed its name to Zuma Resources Limited and is now engaged in investing, partnering and collaborating with other companies operating in the field of technology, AI-enabled services, health tech, EV tech, e-commerce, and other affiliated businesses.

Comments

200 characters remaining