Category: Featured

  • Indonesia expresseS keen interest in engaging in Pakistan’s mineral sector

    Indonesia expresseS keen interest in engaging in Pakistan’s mineral sector

    Federal Minister for Petroleum Ali Pervaiz Malik held a meeting today with the Ambassador of Indonesia to Pakistan, H.E. Mr. Chandra Warsenanto Sukotjo, to discuss bilateral cooperation with a special focus on the minerals and exploration sector.

    The Indonesian Ambassador expressed keen interest in engaging in Pakistan’s mineral sector. He noted that Indonesia’s state-owned company, Pertamina, possesses extensive experience in exploration and stated that avenues for cooperation in exploration activities between the two countries could be explored. He added that Indonesia and Pakistan can collaborate in the mining sector.

    Federal Minister Ali Pervaiz Malik welcomed Indonesia’s interest and assured the Government of Pakistan’s full support. He highlighted that Pakistan’s mineral and exploration sector holds vast untapped potential and encouraged Indonesian companies to partner with Pakistani companies to pursue mutually beneficial projects.

    The Minister also extended a formal invitation to the Indonesian side to participate in the Pakistan Minerals Investment Forum (PMIF) 2026. He briefed the Ambassador that PMIF 2026 will be a significantly larger event and expressed Pakistan’s desire to see strong participation from Indonesian companies.

    Both sides agreed to continue engagement and explore concrete opportunities to enhance cooperation in the minerals, exploration, and energy sectors, further strengthening the strong bilateral relationship between Pakistan and Indonesia. – ER News Desk

  • Musk’s Grok created three million sexualised images, research says

    Musk’s Grok created three million sexualised images, research says

    Elon Musk’s AI chatbot Grok generated an estimated three million sexualised images of women and children in a matter of days, researchers said Jan 22, revealing the scale of the explicit content that sparked a global outcry.

    The recent rollout of an editing feature on Grok, developed by Musk’s startup xAI and integrated into X, allowed users to alter online images of real people with simple text prompts such as “put her in a bikini” or “remove her clothes”.

    A flood of lewd deepfakes exploded online, prompting several countries to ban Grok and drawing outrage from regulators and victims.

    “The AI tool Grok is estimated to have generated approximately three million sexualized images, including 23,000 that appear to depict children, after the launch of a new image editing feature powered by the tool on X,” said the Center for Countering Digital Hate (CCDH), a nonprofit watchdog that researches the harmful effects of online disinformation.

    CCDH’s report estimated that Grok generated this volume of photorealistic images over an 11-day period – an average rate of 190 per minute.

    The report did not say how many images were created without the consent of the people pictured.

    It said public figures identified in Grok’s sexualized images included American actress Selena Gomez, singers Taylor Swift and Nicki Minaj as well as politicians such as Swedish Deputy Prime Minister Ebba Busch and former US vice president Kamala Harris.

    “The data is clear: Elon Musk’s Grok is a factory for the production of sexual abuse material,” Imran Ahmed, the chief executive of CCDH.

    “By deploying AI without safeguards, Musk enabled the creation of an estimated 23,000 sexualized images of children in two weeks, and millions more images of adult women.”

    There was no immediate comment about the findings from X. When reached by AFP by email, xAI replied with a terse automated response: “Legacy Media Lies.”

    Last week, following the global outrage, X announced that it would “geoblock the ability” of all Grok and X users to create images of people in “bikinis, underwear, and similar attire” in jurisdictions where such actions are illegal.

    It was not immediately clear where the tool would be restricted.

    The announcement came after California’s attorney general launched an investigation into xAI over the sexually explicit material and several countries opened their own probes.

    “Belated fixes cannot undo this harm. We must hold Big Tech accountable for giving abusers the power to victimize women and girls at the click of a button,” Ahmed said.

    Grok’s digital undressing spree comes amid growing concerns among tech campaigners over proliferating AI nudification apps.

    Last week, the Philippines became the third country to ban Grok, following South-East Asian neighbours Malaysia and Indonesia, while Britain and France said they would maintain pressure on the company.

    On Wednesday, the Philippines’s Cybercrime Investigation and Coordinating Center said it was ending the short-lived ban after xAI agreed to modify the tool for the local market and eliminate its ability to create “pornographic content”. – AFP/TS

  • Highnoon Laboratories Breaks Ground on New Pharmaceutical Manufacturing Facility

    Highnoon Laboratories Breaks Ground on New Pharmaceutical Manufacturing Facility

    Highnoon Laboratories Limited has announced the groundbreaking of its new greenfield manufacturing expansion project, titled Project FORCE, marking a significant step toward strengthening Pakistan’s pharmaceutical manufacturing capacity.

    According to a notice submitted to the Pakistan Stock Exchange (PSX), the groundbreaking ceremony was held on January 22, 2026, at the Special Economic Zone (SEZ), Quaid-e-Azam Business Park, Sheikhupura.

    Project FORCE is aimed at establishing a world-class, efficient, and globally compliant pharmaceutical manufacturing facility in Pakistan. The new plant is expected to enhance Highnoon Laboratories’ manufacturing footprint, support future growth, and improve the company’s ability to cater to both domestic and export markets in line with internationally recognized quality and regulatory standards.

    The company said the initiative reflects its long-term strategic vision to invest in modern infrastructure and operational excellence, contributing to sustainable growth amid an increasingly competitive global pharmaceutical landscape. – ER News Desk

  • Epic Angels Backs Pakistan’s Fintech Startup Neem in Pre-Series A Round

    Epic Angels Backs Pakistan’s Fintech Startup Neem in Pre-Series A Round

    Epic Angels, the world’s largest global all-female investment collective, has announced an investment in Neem, a Pakistan-based full-stack payments infrastructure platform, as part of Neem’s Pre-Series A funding round. The investment underscores growing international confidence in Pakistan’s fintech ecosystem and its potential to drive financial inclusion through digital innovation.

    The Pre-Series A round also includes participation from DNI Group, Hi2 Global and AKD, with continued backing from existing seed investors SparkLabs Ventures, Outrun Ventures, Arif Habib and MyAsiaVC. In addition, a group of strategic angel investors from leading global fintech and payments companies, including Stripe, PayNet and Aspire, have joined the round.

    The fresh capital will be deployed to scale Neem’s technology infrastructure, strengthen cybersecurity and data protection frameworks, expand enterprise partnerships, and accelerate customer onboarding across key sectors such as logistics, insurance, healthcare, e-commerce and agriculture. The funding is expected to support Neem’s mission to help businesses transition from cash-based operations to secure, efficient digital payments.

    About Epic Angels
    Founded as a global, women-led investment collective, Epic Angels brings together accomplished female founders, operators and executives from around the world to invest in high-growth technology companies. With a strong focus on fintech, enterprise technology and scalable digital platforms, Epic Angels aims to bridge funding gaps, promote diversity in venture capital and support innovative businesses across emerging and developed markets.

    About Neem
    Neem is a full-stack payments infrastructure platform that is modernizing Pakistan’s financial ecosystem by enabling businesses to digitize collections and disbursements through integrated payment solutions and embedded wallets. By offering secure, scalable and compliant financial technology, Neem supports enterprises in moving away from cash-based processes, improving transparency, efficiency and access to formal financial services across the economy.

    The investment marks a significant milestone for Neem as it continues to expand its footprint and contribute to the evolution of Pakistan’s digital payments landscape. ERMD

  • Select Technologies, HISENSE Partner to Manufacture Home Appliances in Pakistan

    Select Technologies, HISENSE Partner to Manufacture Home Appliances in Pakistan

    Under the collaboration, the two companies will focus on the local production and nationwide distribution of home appliances, including smart televisions and air conditioners. The partnership combines HISENSE’s global expertise and advanced technology with the Airlink Group’s established local manufacturing base and extensive distribution network across Pakistan.

    As part of the agreement, HISENSE has also conveyed its intention to make a direct investment in the venture in the near future, underscoring its long-term commitment to the Pakistani market.

    The alliance is expected to boost local manufacturing capacity, improve product availability, and provide consumers with high-quality, technology-driven home appliances tailored to local needs, while contributing to industrial growth and job creation in the country.

    ER News Desk

  • Karachi Development Package: Sindh Govt–FWO Partnership Aims to Redefine Urban Project Delivery

    Karachi Development Package: Sindh Govt–FWO Partnership Aims to Redefine Urban Project Delivery

    The move is being viewed by engineers and urban planners as an attempt to address long-standing issues of delayed completion, cost overruns, weak coordination, and governance gaps that have historically plagued development schemes in Karachi.

    Sindh Chief Minister Syed Murad Ali Shah approved the Karachi Transformation Plan while presiding over a joint meeting of the FWO, the local government department, and the Karachi Metropolitan Corporation (KMC) at the CM House. The meeting was attended by senior provincial officials, including Local Government Minister Nasir Hussain Shah, Karachi Mayor Barrister Murtaza Wahab, the Chief Secretary, Commissioner Karachi, and Finance Secretary, while the FWO delegation was led by its Director General, Major General Abdul Sami.

    Under the plan, the Sindh government announced a one-time grant-in-aid of Rs84.796 billion for 523 development schemes in Karachi, alongside Rs26.282 billion approved under the federal PSDP for Karachi-related projects. Additionally, six priority infrastructure projects worth Rs10.72 billion have been identified for immediate execution to ease traffic congestion, improve connectivity, and strengthen urban mobility.

    These include rehabilitation of the M-9 to Malir-15 corridor via Jinnah Avenue and Shahrah-e-Faisal, construction of an underpass at Malir Halt, a flyover from Airport Road to Star Gate, road rehabilitation from Y-Junction to Machli Chowk in Hawksbay, and the construction of a flyover at Sohrab Goth—Karachi’s main intercity gateway.

    According to the chief minister, the partnership with FWO is intended to ensure “quality, speed, and transparency,” with all major projects to be designed and executed at international standards.

    Engineers believe this long-term collaboration has two primary drivers. First, Karachi’s development projects have frequently failed to meet timelines due to weak inter-agency coordination, poor governance, encroachments, and unresolved utility relocation issues. These delays often inflate project costs, disrupt daily life for commuters, and ultimately damage the government’s credibility.

    Second, with elections approaching, the government is under pressure to demonstrate visible and substantive development. Faster execution, better construction quality, and timely completion are seen as politically crucial areas where FWO’s reputation for disciplined project management and rapid construction gives the government confidence.

    Engineers point out that coordination with civilian utilities and removal of encroachments are among the biggest causes of delays in Karachi. The presence of a non-civilian executing agency like FWO is expected to significantly reduce such bottlenecks, even if they cannot be eliminated entirely. FWO’s operational structure, they argue, allows for quicker decision-making and enforcement, which is often difficult in purely civilian-led projects.

    However, the partnership has also raised concerns within professional circles. Some senior engineers warn that large-scale involvement of FWO in the Karachi Development Package could sideline major local consultants and contractors by limiting competitive bidding. While FWO typically subcontracts work to smaller firms—benefiting small and medium contractors—large civilian construction companies may find themselves excluded, potentially impacting the broader construction industry.

    Others argue that the issue lies less with FWO’s entry and more with the civilian sector’s own weaknesses. According to this view, large local firms have struggled with project management efficiency, timely completion, and coordination, creating difficulties for clients. Delays in fund releases, which are often seen as common in government projects, also remain a critical factor affecting project speed, regardless of the executing agency.

    Transparency remains another debated aspect. Some engineers note that allegations of non-transparent contract awards and commissions have long surrounded public-sector projects in Sindh. They caution that unless governance reforms accompany the new partnership, structural issues related to accountability and fair procurement may persist, even if execution improves.

    Meanwhile, work on smaller projects has already begun. Karachi Mayor Barrister Murtaza Wahab recently laid the foundation stone for the Suparco Road rehabilitation project in Keamari, being executed at a cost of Rs56 million. The project includes extensive paving and asphalt works aimed at improving traffic flow and civic facilities.

    Overall, the Sindh government–FWO partnership represents a bold attempt to reset Karachi’s development trajectory. Whether it succeeds in delivering timely, high-quality, and transparent outcomes—while balancing the interests of the local construction industry—will determine if this model becomes a template for future urban development in Sindh.

  • Pakistan to Leverage Space and AI Technologies for Maritime Management

    Pakistan to Leverage Space and AI Technologies for Maritime Management

    He made the remarks during a visit to the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) headquarters—the first-ever visit by a maritime affairs minister to the organization. SUPARCO Chairman Yusuf Khan briefed the minister on satellite-based capabilities for maritime safety, port management, environmental monitoring and disaster response.

    The minister was presented with satellite assessments for potential new ports and plans for AI- and satellite-enabled relief and rescue operations. He emphasized the use of space technology to address climate change impacts, protect ocean biodiversity and ensure sustainable use of marine resources, in line with Pakistan’s international commitments.

    SUPARCO also proposed artificial intelligence solutions for ports to improve efficiency and maritime safety. Both sides agreed to institutionalize cooperation through a formal framework to enhance coordination in maritime monitoring, disaster management and environmental protection. – ERMD

  • Pakistan, Canada Discuss Enhanced Cooperation in Minerals and Energy Sectors

    Pakistan, Canada Discuss Enhanced Cooperation in Minerals and Energy Sectors

    During the meeting, the Canadian high commissioner highlighted the success of Barrick Gold’s Reko Diq project as a strong foundation for expanding Pakistan–Canada cooperation in the minerals sector. He said Canada is actively encouraging more Canadian companies to participate in the Pakistan Minerals Investment Forum (PMIF) and expressed optimism about deeper engagement with Pakistan in a changing global environment shaped by shared values, networks and common interests.

    High Commissioner Tarik Ali Khan also conveyed that the Ministry of Natural Resources Canada is ready to support cooperation with Pakistan in the mineral sector. Sharing his personal experience, he said he had visited the Reko Diq site and was encouraged by the visible community development initiatives, including schools, hospitals and water purification projects.

    Federal Minister Ali Pervaiz Malik noted that Reko Diq has successfully secured international financing, making it one of the most significant funding rounds achieved by Pakistan in recent years. He emphasized that the government is committed to ensuring the highest standards of labour safety and Environmental, Social and Governance (ESG) compliance, and that major mining projects are being developed for long-term national benefit.

    The high commissioner also invited Pakistan to participate in PDAC 2026, the world’s leading mineral exploration and mining convention, scheduled to be held in Canada in March 2026. He said the event would provide an important platform for Pakistan to showcase its mineral potential to global investors and further strengthen bilateral cooperation.

    In addition, the high commissioner shared that Canada is exploring ways to provide technical assistance in the energy sector. Welcoming the initiative, the federal minister said support in technical expertise and intellectual capital would help strengthen Pakistan’s systems and enhance investor confidence.

    Both sides reaffirmed their commitment to advancing Pakistan–Canada relations, with minerals and energy identified as key areas of long-term cooperation.

    ER News Desk

  • Zarea Limited Signs USD 2 Million Strategic MoU with Chinese Agri-Tech Firm

    Zarea Limited Signs USD 2 Million Strategic MoU with Chinese Agri-Tech Firm

    Zarea Limited has announced the signing of a Strategic Memorandum of Understanding (MoU) valued at USD 2 million in the initial phase of a long-term collaboration with Wang Chuang Xi Jun Chang Agri Ltd., a leading Chinese agri-platform company. The MoU was signed on the sidelines of the Pak–China Investment Conference held in Islamabad.

    According to the company, the strategic partnership aims to explore growth opportunities in Pakistan’s agriculture sector by leveraging Wang Chuang Xi Jun Chang Agri Ltd.’s integrated and technology-driven agricultural model. The collaboration will assess the introduction of advanced seed technologies, technology-enabled agronomic and farm services, structured labor and grower management systems, scalable production models, and enhanced agricultural trade between Pakistan and China.

    Zarea Limited stated that the partnership is designed to improve agricultural productivity, strengthen supply chain efficiency, and enhance traceability across the agri-value chain. The initiative is also expected to support the transfer of technical expertise, provide international market exposure, and create potential export linkages for local growers and agribusiness stakeholders in both countries.

    The company added that the collaboration aligns with its long-term strategy of developing a technology-enabled, integrated agricultural ecosystem and is expected to further strengthen Zarea Limited’s position in the agri-commodities segment. – ER News Desk

  • Sitara Peroxide Appoints Muhammad Bin Imran New Chairman, Imran Ghafoor as CEO

    Sitara Peroxide Appoints Muhammad Bin Imran New Chairman, Imran Ghafoor as CEO

    Sitara Peroxide Limited, a leading chemical manufacturer, has announced significant changes to its senior leadership following a decision by its Board of Directors. The company has appointed Mr. Muhammad Bin Imran as the new Chairman of the Board and Mr. Imran Ghafoor as the Chief Executive Officer (CEO). Both appointments are for a term of three years.

    In a formal communication to stakeholders, the company confirmed that Mr. Muhammad Bin Imran will now chair the Board of Directors. Concurrently, Mr. Imran Ghafoor has been entrusted with the executive leadership of the company as its CEO. The move signals a strategic reinforcement of the company’s governance and operational command structure.

    About Sitara Peroxide Limited
    Sitara Peroxide Limited is a prominent name in Pakistan’s chemical industry, primarily engaged in the manufacturing and sale of hydrogen peroxide. Hydrogen peroxide is a vital industrial chemical with diverse applications, including its use as a bleaching agent in the textile and paper industries, a disinfectant, and in water treatment processes. The company is part of the larger Sitara Group, which has substantial interests in textiles, chemicals, and engineering.

    Recent Progress & Outlook
    The leadership transition comes at a time when the company is navigating a dynamic industrial landscape. Sitara Peroxide has consistently focused on maintaining production efficiency and meeting the robust demand from key sectors like textiles, which are crucial for Pakistan’s exports. The appointment of a dedicated Chairman and CEO is expected to provide focused strategic direction, potentially steering the company towards new avenues of growth, operational excellence, and enhanced stakeholder value.

    Industry observers view these appointments as a step to bring fresh leadership perspectives to guide the company’s future initiatives and market strategy. The new leadership will be responsible for driving the company’s performance in the competitive chemical manufacturing sector. – ER News Desk