Shehbaz | Pakistan

Prime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s commitment to becoming the next major tech destination in light of $700 million pledged in foreign investment in the IT sector at the Digital Foreign Direct Investment (DFDI) conference in Islamabad. Delegates from around 45 countries arrived in Islamabad to participate in the DFDI conference, the first-ever DFDI conference held in Pakistan. Over 75 foreign investors and CEOs of more than 50 global companies attended the event. The digital sector has long been recognised as a key segment for foreign direct investment (FDI), yet Pakistan has struggled to attract substantial digital FDI. Addressing the DFDI conference today, PM Shehbaz hailed investment in the IT sector, saying: “Pakistan is not waiting for the future but shaping it.” He called on international stakeholders to continue supporting Pakistan as it was ready to lead the global digital economy. The premier highlighted the government’s initiatives in the IT sector including the launch of ...

Prime Minister Shehbaz Sharif on Thursday confirmed that no new canals will be constructed unless a consensus is reached in the Council of Common Interests (CCI). "The next CCI meeting, scheduled for Friday, May 2, will officially endorse the agreement reached between the PPP and PML-N on the matter," he said, addressing a joint presser with Pakistan Peoples Party’s (PPP) Chairman Bilawal Bhutto Zardari in Islamabad after a key meeting. Bilawal was joined by senior PPP leaders, including Sindh Chief Minister Murad Ali Shah. The meeting came against a backdrop of political turmoil and street protests. Earlier, sources said the Pakistan Muslim League-Nawaz (PML-N) accepted all of the PPP's demands on the canals project during high-stakes talks between PM Shehbaz and the PPP leadership. The breakthrough came as both sides held critical talks amid escalating political tensions and widespread unrest in Sindh over the federal government’s "controversial" plan to divert six new canals from the Indus River. The prime...