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Silicon Valley

Pakistan signs LoI with Silicon Valley's Plug and Play to strengthen startup ecosystem

Published 10 Jul, 2026 11:15am

The signed LoI lays the foundation for Plug and Play Tech Center to establish operations in Pakistan

SpaceX locks in $60bn deal with Pakistani co-founded AI startup Cursor to power AI coding push

Published 16 Jun, 2026 07:37pm

Sualeh Asif, originally from Karachi, cofounded Cursor with three friends from Massachusetts Institute of Technology

Democrats, Trump ally face off in California governor primary election

Published 03 Jun, 2026 02:34am

LOS ANGELES: Californians go to the polls Tuesday in the first round of voting for a new governor, with a tight...

Anthropic confidentially files for US IPO, beating OpenAI

Published 01 Jun, 2026 11:11pm

The move sets up a high-stakes test of whether investor appetite for the AI revolution

The pope’s AI’s warning

Updated 01 Jun, 2026 05:45am

EDITORIAL: Pope Leo XIV’s first encyclical “Magnificent Humanity” arrives as a timely moral reckoning with the...

Pakistani co-founded AI startup Cursor draws $60bn buyout option from SpaceX

Updated 23 Apr, 2026 04:45pm

The Karachi-born billionaire represented Pakistan in the International Math Olympiad from 2016 to 2018

Innovation is not a policy but a system

Published 27 Mar, 2026 06:40am

Mehran Gul’s The New Geography of Innovation makes a compelling and timely argument: innovation is no longer the...

The profundity of ‘everything is a computer’ era

Updated 23 Feb, 2026 05:21am

For decades, we have treated the “digital world” like a separate room we chose to enter. We “went to the computer...

Uplift AI raises $3.5mn in seed funding, eyes thousands of jobs in Pakistan

Updated 29 Jan, 2026 12:57pm

Startup is founded by Zaid Qureshi and Hammad Malik, former Apple and Amazon engineers

Mari Energies-backed Sky47 launches cloud, AI platform near Islamabad

Updated 17 Jan, 2026 10:32pm

Sky47 Limited, a majority-owned subsidiary of Mari Energies Limited, has entered Pakistan’s high-tech landscape with...

AI boom: Pakistan must invest to stay relevant, says Tigris Data CEO

Updated 12 Jan, 2026 02:38pm

Any serious push into AI, being extremely energy intensive, would require sustained investment in clean and reliable energy sources, says Silicon Valley tech veteran

Sindh marks three major PPP milestones with EnerTech: CM

Published 24 Dec, 2025 06:21am

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has stated that his government is setting new benchmarks in...

OPINION: Big tech courts India, not Pakistan

Updated 18 Dec, 2025 07:10am

In a world where tech dollars behave a bit like lovestruck teenagers—eager, impulsive, and occasionally...

BR RESEARCH: The real AI threat: falling behind

Updated 27 Nov, 2025 08:48am

The global debate on AI and jobs has become much more serious in 2025. It’s no longer just Silicon Valley...

From Riyadh to Silicon Valley: How EA became the jewel of Saudi Arabia’s gaming vision

Published 01 Oct, 2025 12:23pm

LONDON: For years, tech-focused buyout group Silver Lake coveted video game developer Electronic Arts, the power...

Why such an exodus?

Published 09 Jul, 2025 06:21am

EDITORIAL: Another month, another record. Nearly 60,000 Pakistanis left the country in May to look for work abroad...

All components of innovation ecosystem being integrated for first time: Ahsan

Published 22 May, 2025 06:30am

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal said that “for...

Dubai’s tech culture tops Silicon Valley: NVIDIA, Amazon-backed founder

Updated 04 Apr, 2025 12:37pm

One of the most crucial aspects of any city that is working to solidify its position as a hub for all things tech...

‘Social Network’ star Eisenberg slams Zuckerberg as ‘obsessed with power’

Published 07 Feb, 2025 02:30pm

PARIS: Hollywood star Jesse Eisenberg, who played Mark Zuckerberg in 2010 hit ‘The Social Network’, told AFP the...

SME financing: ‘he’s just not that into you!’

Published 25 Nov, 2024 09:02am

Consider the following: an entry-level tech worker in Silicon Valley can get a higher spending limit on credit cards...

Asia Rising: Dubai’s transformation to becoming tech hub draws parallel with Silicon Valley and Bengalaru

Published 22 Oct, 2024 06:33am

DUBAI: Drawing parallels with India’s Bengaluru and Silicon Valley in the US, speakers highlighted Dubai’s rapid...

Meta putting AI in smart glasses, assistants and more

Published 28 Sep, 2023 12:19pm

MENLO PARK: Meta chief Mark Zuckerberg on Wednesday said the tech giant is putting artificial intelligence into...

Slack CEO is ready to ride AI wave

Published 17 Sep, 2023 12:25pm

SAN FRANCISCO: Artificial Intelligence is transforming Slack, the widely used workplace messaging platform, its CEO...

Zuckerberg and Musk throw verbal jabs over proposed cage match

Published 14 Aug, 2023 11:42am

WASHINGTON: Billionaires and social media business rivals Mark Zuckerberg and Elon Musk threw new online jabs at...

White House calls in tech firms to talk AI risks

Published 03 May, 2023 12:25pm

WASHINGTON: The White House plans to meet with top executives from Google, Microsoft, OpenAI and Anthropic on...

Komal Rizvi ties the knot with Silicon Valley entrepreneur

Published 21 Apr, 2023 07:54pm

Pakistani actor and singer Komal Rizvi got married in San Francisco, to S. Ali Uppal, the ceo and co-founder of a...

SVB collapse 'textbook case of mismanagement': top Fed official

Published 27 Mar, 2023 11:10pm

WASHINGTON: The collapse of Silicon Valley Bank (SVB) was a "textbook case of mismanagement" which requires tougher...

How AI could upend the world even more than electricity or the internet

Published 19 Mar, 2023 11:23am

SAN FRANCISCO: The rise of artificial general intelligence – now seen as inevitable in Silicon Valley – will bring...

AI supercharges battle of web search titans

Published 08 Feb, 2023 07:33am

A new generation of AI chatbots has unleashed a titanic battle between Microsoft and Google for the eyeballs of...

OpenAI, creator of ChatGPT, casts spell on Microsoft

Published 15 Jan, 2023 04:01am

The hottest startup in Silicon Valley right now is OpenAI, the Microsoft-backed developer of ChatGPT, a much-hyped...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 9	278.26
USD PKR Interbank Buying / Jul 9	278.06
USD to Japanese Yen / Jul 10	161.62
USD to Swiss Franc / Jul 10	0.80
Pound Sterling to USD / Jul 10	1.34
Euro to USD / Jul 10	1.14
SOFR % / Jul 9	3.64

Stock	Volume
S&P 500 / Jul 9	7,543.64
Nasdaq / Jul 9	26,206.89
FTSE 100 / Jul 9	10,472.45
Dow Jones / Jul 9	52,487.41
Germany DAX 30 / Jul 9	25,118.27
France CAC40 / Jul 9	8,326.62
India Sensex / Jul 10	77,432.62
Tokyo Nikkei / Jul 10	68,681.49
Hang Seng / Jul 10	24,393.61

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 9	18,080
Gold 10 Grams PKR / Jul 9	371,944
Petrol/Litre / Jul 10	297.53
Crude Oil USD/Barrel / Jul 10	72.27
Gold Spot USD/Ounce / Jul 10	4,108.74
Diesel/Litre / Jul 10	309.50
Cotton US¢/pound / Jul 10	80.69

Gainers
Losers
Leaders

Stock	Price
First Punjab Modaraba / Jul 10 First Punjab Modaraba(FPJM)	10.24 ▲ 1 (10.82%)
Dadabhoy Cement / Jul 10 Dadabhoy Cement Industries Limited(DBCI)	10.55 ▲ 1 (10.47%)
Service Textile / Jul 10 Service Industries Textiles Limited(SERT)	57.71 ▲ 5.25 (10.01%)
TPL Insurance / Jul 10 TPL Insurance Limited(TPLI)	41.33 ▲ 3.76 (10.01%)
J.A.Textile / Jul 10 J.A. Textile Mills Limited(JATM)	38.01 ▲ 3.46 (10.01%)
Khairpur Sug. / Jul 10 Khairpur Sugar Mills Limited(KPUS)	2,081.55 ▲ 189.23 (10%)
Saif Textile / Jul 10 Saif Textile Mills Limited(SAIF)	52.35 ▲ 4.76 (10%)
Intermarket Securities / Jul 10 Intermarket Securities Limited(IMS)	24.78 ▲ 2.25 (9.99%)
Burj Clean Energy Modaraba / Jul 10 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	13.89 ▲ 1.24 (9.8%)
Sindh Abadgar / Jul 10 Sindh Abadgar's Sugar Mills Limited(SASML)	420.97 ▲ 35.97 (9.34%)

Stock	Price
Tariq Corp. (R) / Jul 10 Tariq Corporation Limited(Right)(TCORPR2)	4.99 ▼ -0.61 (-10.89%)
AN Textile Mills / Jul 10 AN Textile Mills Limited(ANTM)	59.51 ▼ -6.61 (-10%)
Fateh Sports / Jul 10 Fateh Sports Wear Limited(FSWL)	229.11 ▼ -25.46 (-10%)
Olympia Mills / Jul 10 Olympia Mills Limited(OML)	58.15 ▼ -6.46 (-10%)
Hala Enterprise / Jul 10 Hala Enterprises Limited(HAEL)	30.54 ▼ -3.39 (-9.99%)
Premier Insurance / Jul 10 Premier Insurance Limited(PINL)	12.60 ▼ -1.39 (-9.94%)
Gulistan Sp. / Jul 10 Gulistan Spinning Mills Limited(GUSM)	10.15 ▼ -1.03 (-9.21%)
Crescent Fib. / Jul 10 Crescent Fibres Limited(CFL)	57.30 ▼ -5.67 (-9%)
Next Capital / Jul 10 Next Capital Limited(NEXT)	17.48 ▼ -1.59 (-8.34%)
Shams Textile / Jul 10 Shams Textile Mills Limited(STML)	43.58 ▼ -3.42 (-7.28%)

Stock	Volume
Cnergyico PK / Jul 10 Cnergyico PK Limited(CNERGY)	50,678,372 ▼ -0.06
K-Electric Ltd. / Jul 10 K-Electric Limited(KEL)	47,380,226 ▲ 0.22
LSE Capital / Jul 10 LSE Capital Limited(LSECL)	26,507,268 ▼ -0.28
Trust Sec.& Brok. / Jul 10 Trust Securities & Brokerage Limited(TSBL)	25,440,858 ▲ 0.17
WorldCall Telecom / Jul 10 Worldcall Telecom Limited(WTL)	24,020,232 ▲ 0
Pak Refinery / Jul 10 Pakistan Refinery Limited(PRL)	20,761,977 ▲ 0.07
Lotte Chemical / Jul 10 Lotte Chemical Pakistan Limited(LOTCHEM)	20,086,844 ▲ 0.77
Bank Al-Falah / Jul 10 Bank Alfalah Limited(BAFL)	14,434,963 ▼ -0.17
Hascol Petrol / Jul 10 Hascol Petroleum Limited(HASCOL)	11,767,024 ▲ 0.3
Sitara Petroleum Service / Jul 10 Sitara Petroleum Service Limited(SPSL)	9,256,761 ▲ 0.57

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