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

Web Desk 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.”

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on January 27, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 07:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 253.5 255.5
Euro EUR 274 276.7
UK Pound Sterling GBP 311 314
U.A.E Dirham AED 68.7 69.3
Saudi Riyal SAR 66.4 67
Australian Dollar AUD 176 178
Bahrain Dinar BHD 615.68 620.18
Canadian Dollar CAD 186 188
China Yuan CNY 34.12 34.37
Danish Krone DKK 33.83 34.18
Hong Kong Dollar HKD 29.52 29.87
Indian Rupee INR 2.81 2.89
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 756.69 761.69
Malaysian Ringgit MYR 52.59 53.04
New Zealand Dollar NZD 148.33 149.53
Norwegians Krone NOK 22.43 22.73
Omani Riyal OMR 600.37 604.87
Qatari Riyal ‎QAR 63.5 64
Singapore Dollar SGD 178 179.3
Swedish Korona SEK 21.78 22.08
Swiss Franc CHF 250.23 251.98
Thai Bhat THB 6.98 7.08

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs197,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs168,000.

Likewise, 10 grams of 22k gold were being traded for Rs150,300 while a single tola of 22-karat gold was being sold at Rs 173,200.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 197,900 PKR 2,100
Karachi PKR 197,900 PKR 2,100
Islamabad PKR 197,900 PKR 2,100
Peshawar PKR 197,900 PKR 2,100
Quetta PKR 197,900 PKR 2,100
Sialkot PKR 197,900 PKR 2,100
Attock PKR 197,900 PKR 2,100
Gujranwala PKR 197,900 PKR 2,100
Jehlum PKR 197,900 PKR 2,100
Multan PKR 197,900 PKR 2,100
Bahawalpur PKR 197,900 PKR 2,100
Gujrat PKR 197,900 PKR 2,100
Nawabshah PKR 197,900 PKR 2,100
Chakwal PKR 197,900 PKR 2,100
Hyderabad PKR 197,900 PKR 2,100
Nowshehra PKR 197,900 PKR 2,100
Sargodha PKR 197,900 PKR 2,100
Faisalabad PKR 197,900 PKR 2,100
Mirpur PKR 197,900 PKR 2,100

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