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#SaveTheFuture: Pakistan’s biggest tech conference Future Fest 2023 begins in Lahore

03:39 PM | 6 Jan, 2023
#SaveTheFuture: Pakistan’s biggest tech conference Future Fest 2023 begins in Lahore
Source: Future Fest (Twitter)

LAHORE – Pakistan’s biggest three-day tech conference and expo titled Future Fest 2023 kicked off on Friday with “historic” participation from Saudi startup and investors.

Dedicated to using technology to pave the way for the future of Pakistan, the event is being under the theme of #SaveTheFuture and aimed at bringing together leaders from more than 40 industries to foster discussion on the future of life itself. Entrepreneurs, decision makers, policymakers, thought leaders, investors, and innovators will discuss the most important aspects of current times and how technology can play a positive role to save the future.

The last year’s event was supported by the world’s leading companies for the first time in Pakistan including Binance, Epic, KuCoin, Google Developers, Payoneer, Careem, Swvl, S&P Global alongside 200 partners/sponsors.

The Saudi delegation comprising startups and venture capitalists will hold meetings with Pakistani firms and key stakeholders, besides exploring options of investment, partnership and talent recruitment.

The Punjab Information Technology Board (PITB) is the official partner for the festival, which is being held at the Expo Centre Lahore. It is expected to be attended by 50,000 people, 200 exhibitors, 500 startups and 300 international speakers from different countries.

The Saudi tech ecosystem is growing very fast. In Pakistan we have the talent and startups that can support this growth,” said Arzish Azam, CEO of Future Fest, last week in a statement. “At Future Fest, we are proud to be the catalyst for this partnership and to provide a platform for greater collaboration and growth and indeed a new dimension to what is an already historic relationship between Pakistan and the Kingdom of Saudi Arabia.”

The Saudi startups and venture capitalists attending the event include Unifonic, Noon, Salasa, Mozn, Qoyod, [atm], Nana, AZM, Elm, AlGooru, Hala, Salla, Moyasar, Classera, Squadio, Nama Ventures, Merak Capital, Misk Foundation, Tracking.me, Diggipacks, Khwarizmi Ventures, Derayah Financial, ILSA Interactive, Takadao and senior representatives from the Digital Enablement Partner, Digital Cooperation Organization (DCO) and Invest Saudi.

“The digital economy, powered by innovation and technology, has recently, grown at an unprecedented rate, now becoming the backbone of our societies,” said Deemah AlYahya, DCO Secretary-General. “Pakistan is a founding member state of the DCO and with its thought leadership, and through opportunities like enabling Future Fest, we at DCO are strengthening the already solid relationship we have with Pakistan to bring prosperity to us all.”

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 2 March 2024

Pakistani rupee remains largely stable against USD and other currencies in the open market on March 2, 2024 (Saturday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.4 for buying and 282.3 for selling.

Euro currently stands at 302.5 for buying and 305.5 for selling while British Pound rate stands at 354 for buying, and 359 for selling.

UAE Dirham AED hovers at 76.3 whereas the Saudi Riyal saw slight increase, with new rates at 74.5.

Today’s currency exchange rates in Pakistan – March 2, 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.4 282.3
Euro EUR 302.5 305.5
UK Pound Sterling GBP 354 359
U.A.E Dirham AED 76.3 77
Saudi Riyal SAR 74.5 75.3
Australian Dollar AUD 181 183
Bahrain Dinar BHD 737.97 745.97
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.23 40.63
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 901.62 910.62
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 168.97 170.97
Norwegians Krone NOK 26.54 26.84
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 27.13 27.43
Swedish Korona SEK 314.07 316.57
Swiss Franc CHF 314.07 316.57
Thai Bhat THB 7.74 7.89

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