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SMEDA plans new e-commerce programme to empower Pakistani entrepreneurs

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 The Small and Medium Enterprises Development Authority (SMEDA) and Daraz Pakistan are exploring new avenues of collaboration to help Pakistani small and medium-sized enterprises (SMEs) build digital capabilities, expand their access to e-commerce and unlock new opportunities for growth.

The discussion took place during a meeting between Nadia Jahangir Seth, Chief Executive Officer of SMEDA, and Ben Yi, Managing Director of Daraz Pakistan. The two organisations explored potential areas of cooperation, including e-commerce education, capacity building and initiatives aimed at supporting women-led businesses.

The proposed collaboration is aligned with SMEDA’s broader efforts under the strategic direction of the Ministry of Industries and Production (MoI&P) to strengthen the digital capabilities of SMEs. It also supports efforts to promote women’s entrepreneurship and inclusive SME development in Pakistan, in line with Prime Minister Shehbaz Sharif’s economic vision.

E-commerce programme

A key development discussed during the meeting was SMEDA’s upcoming e-commerce programme, which is designed to equip SMEs with practical knowledge and capabilities to participate more effectively in the digital economy.

SMEDA and Daraz also explored opportunities for the e-commerce platform to contribute its industry expertise to the development of a specialised curriculum. The proposed curriculum could help entrepreneurs understand and manage the complete online selling journey, from establishing a digital business to serving customers and fulfilling orders.

Potential areas of training include setting up and managing an online business, product listings and merchandising, digital marketing, customer engagement, payments and fulfilment, along with other essential aspects of operating a successful e-commerce business.

The programme is expected to focus on practical knowledge that can help entrepreneurs navigate the rapidly expanding digital marketplace and develop the skills required to establish and manage online businesses.

Women entrepreneurs

The proposed collaboration will also explore dedicated opportunities for women entrepreneurs, with an emphasis on helping more women-led businesses develop digital skills, improve market access and build the confidence needed to establish and expand their online presence.

Nadia Jahangir Seth said digital transformation presents a significant opportunity for Pakistan’s SMEs to improve competitiveness, reach new markets and build sustainable businesses.

“SMEDA is working to strengthen the capabilities of entrepreneurs through practical and accessible programmes, and e-commerce will be an important part of this journey,” she said.

She added that collaboration with industry leaders such as Daraz could help ensure entrepreneurs receive relevant, market-oriented skills. “We are particularly focused on creating greater opportunities for women entrepreneurs through targeted capacity building, digital inclusion and market access,” she said.

Industry expertise

Ben Yi said Pakistan’s SME sector has significant potential to benefit from the growth of e-commerce, but businesses need more than simply an online presence to build sustainable digital operations.

“Entrepreneurs need the right knowledge, tools and support to build sustainable digital businesses,” he said.

“Our discussion with SMEDA is an important step towards exploring how we can bring Daraz’s experience and capabilities to a broader community of entrepreneurs, particularly women-led businesses. We look forward to working together on practical initiatives that can help SMEs participate and succeed in the digital economy,” he added.

The meeting focused on strengthening Pakistan’s digital entrepreneurship ecosystem and enabling SMEs to make greater use of opportunities emerging from e-commerce.

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Saudi delegation eyes Karachi port investments as Pakistan expands maritime trade

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A Saudi business delegation led by Prince Mansoor bin Mohammed Al Saud has expressed interest in investing in Karachi’s port infrastructure, logistics links and green initiatives, Pakistani authorities said Monday, as Islamabad seeks to expand maritime cooperation with its longtime Gulf ally.

The visit comes amid efforts by Pakistan and Saudi Arabia to expand economic partnership from traditional trade, remittances and financial support to investment-based cooperation in infrastructure, energy and other areas. Pakistan is also seeking to modernize its ports, improve connections with land transport networks and expand transshipment operations to strengthen its position in regional trade.

Prince Mansoor, Chairman of the Saudi Arabian Chapter of the Saudi-Pakistan Joint Business Council, led a high-level corporate delegation to Karachi Port Trust (KPT), Port Qasim and South Asia Pakistan Terminals Limited, where officials were briefed on investment opportunities and ongoing modernization projects.

The briefings focused on the proposed 140-acre Maritime Business District in Karachi and the development of Manora Shipyard.

“Prince Mansour expressed keen interest in KPT’s Maritime Business District, Green port initiatives, terminal infrastructure expansion and connectivity initiatives, recognizing their scope for mutually beneficial Saudi investment and joint ventures,” the KPT said in a statement. The Saudi-Pakistan Joint Business Council serves as a platform for companies and investors from both countries to identify commercial opportunities, develop partnerships and form joint ventures. Prince Mansour has led several delegations to Pakistan as the two governments seek to translate their long-standing political and defense ties into greater private sector investment. In June, KPT signed a memorandum of understanding with its Saudi Arabian and Pakistani partners to explore the development of a maritime business zone on MT Khan Road in Karachi.

The proposed development involves the Saudi Arabian Business Council – Najd Gateway Holding Company, Arif Habib Dolmen REIT Management Limited and a consortium of Pakistani companies and is intended to accommodate commercial and maritime businesses.

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Bullish momentum continues as PSX gains over 300 points

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The Pakistan Stock Exchange (PSX) opened in positive territory on Wednesday with the benchmark KSE-100 gaining 309 points in early trade.

The index rose to 179,600 points, continuing the upward momentum in the market at the start of the third trading day of the business week.

The latest gains follow a strong performance in the previous session, when the stock market maintained its upward trend throughout trading.

At the close of Tuesday’s session, the KSE-100 Index had surged by 5,448 points to settle at 179,335 points.

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Pakistan, Saudi Arabia investors launch fund to boost trade, investment

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A joint council of Saudi Arabian and Pakistani investors launched a private equity fund on Monday as part of the countries’ broader push to deepen two-way trade and private sector investment.

The Saudi-Pakistan Joint Business Council, formed by the governments of both countries, said the fund’s initial size is “multi hundred million”, which is expected to expand based on opportunities across sectors.

Three-fourths of the fund will be invested in Pakistan, while the rest will be invested in Saudi Arabian projects, the council said in a statement.

The launch of ⁠the ⁠fund comes at a time when Islamabad and Riyadh are deepening longstanding ties, especially in defense, amid few signs of a breakthrough in the months-long US-Iran conflict.

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