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Huawei presents an advanced AI-capable cloud solution at GITEX 2024.

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Huawei Cloud is showcasing its dedication to intelligent enhancements and cloud breakthroughs at GITEX 2024 in Dubai, emphasizing AI-driven, industry-specific solutions for areas such as government, banking, media, and e-commerce.

GITEX Global 2024 will take place at the Dubai World Trade Centre from October 14 to 18. Attend Huawei’s exhibits situated in B10 and B20 of Hall 22.

Alan Qi, President of Huawei Cloud Middle East and Central Asia, stated, “Huawei Cloud introduces global digital transformation best practices to the region through AI-native cloud services, including databases, big data, data governance, software development, and AI.” We collaborate with industry experts to develop solutions for government, electricity, banking, media, e-commerce, and retail, facilitating digital and intelligent transformation. Moreover, we link local industries with global corporations to promote innovation via peer exchanges and effective methods.

The company’s “Everything-as-a-Service” strategy matches with its objective of providing efficient, cloud-based solutions across several industries.

Huawei Cloud provides an Everything-as-a-Service strategy that encompasses fully digital, cloud-based, and AI-driven services, such as Infrastructure-as-a-Service, Technology-as-a-Service, and Expertise-as-a-Service.

During GITEX 2024, Huawei Cloud introduced solutions for five primary sectors: digital government, media and entertainment, Web3, e-commerce and retail, and telecoms.

The company unveiled advancements such as the enhanced Pangu Models 5.0 and the cloud-native development platform CodeArts, aimed at augmenting AI capabilities and optimizing software development efficiency.

Huawei will provide ICT training to 300,000 young individuals in Pakistan.

Moreover, Huawei Cloud will conduct the Huawei Cloud Summit UAE 2024 at the Conrad Hotel in Dubai on October 15.

The event, themed “Leap to Intelligence with a Better Cloud,” will include product releases, collaborative solution launches with ecosystem partners, and announcements regarding talent development initiatives.

The Huawei Cloud Partner and Ecosystem Forum is scheduled for October 16 to explore policies and strategies for partner and ecosystem sales, products, operations, and marketing.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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