Mobiz sets up regional office in Karachi

Mettis Link News reported that Mobiz, a Pakistani-owned technology firm based in Silicon Valley, has set up a regional office in Karachi at NASTP. The company, which delivers cloud, data, artificial intelligence and cybersecurity services to clients in several countries, is now operating from the Pakistani city. SECP Chairman Dr Kabir Ahmed Sidhu welcomed the development.

Sidhu said Pakistan's young talent could play a leading part in the international IT market, and that global technology firms expanding into the country signal trust in local skills. He also said Pakistan has the capacity to become a regional technology and services hub. The SECP chairman added that the regulator is pursuing transparency, digitalization and regulatory reforms to make doing business easier.

Sidhu argued that investment by global IT firms would create jobs and overseas work opportunities for young Pakistanis. He congratulated Mobiz on launching its Karachi office and wished it further expansion in Pakistan.