Haq's Musings

Riaz Haq writes this data-driven blog to provide information, express his opinions and make comments on many topics. Subjects include personal activities, education, South Asia, South Asian community, regional and international affairs and US politics to financial markets. For investors interested in South Asia, Riaz has another blog called South Asia Investor at http://www.southasiainvestor.com and a YouTube video channel https://www.youtube.com/channel/UCkrIDyFbC9N9evXYb9cA_gQ

Showing posts sorted by date for query Saudi Arabia. Sort by relevance Show all posts

Saturday, August 8, 2026

Will the Mecca Pact Deter Attacks Against Pakistan, Saudi Arabia and Turkey?

Pakistan has historically enjoyed close friendly ties with Saudi Arabia and Turkey. So why did the three nations feel the need to formalize these ties with a mutual defense agreement in Mecca this week? Many answers to this question can all be traced to a fundamental change in the security environment in the Middle East. Foremost among these changes is the extremely reckless behavior of the state of Israel which has had full political, military, economic and diplomatic backing of the West. This unqualified western support began with the Gaza genocide and culminated in the launch of joint US-Israeli assault on Iran in February this year.

The entire Middle East region and the Islamic world has helplessly witnessed as the Israeli military butchered innocent civilians in Palestine and Lebanon and threatened to expand the war to the entire region. Some Israeli politicians issued warnings to Turkey and Pakistan. During this period, the West not only failed to restrain Israel but actively supported it with funds and weapons. The United States and Britain also suppressed domestic criticism of Israel by arresting or deporting people. They went after the chief prosector and the judges of the International Criminal Court (ICC) after it issued war crimes indictments of Israeli officials for their conduct in Gaza.

The joint Israeli-American aggression against Iran has spiraled into Iranian attacks against the US bases in the Persian Gulf region. Iran has closed the Strait of Hormuz, strangling the flow of oil and gas to the rest of the world. It has caused high oil prices, negatively impacting the global economy, Pakistan has stepped in to broker a ceasefire and mediate between the United States and Iran.

While there are many explanations and interpretations of the rationale for the Mecca Pact, there is no question that signing such a mutual defense agreement has been accelerated by the security situation created by Israeli aggression in the Middle East which was fully backed by the United States and other major western nations. It seems that the United States and its western allies have legitimized the principle of "might is right" in the Middle East. Essentially, the law of the jungle has replaced the "rules-based" world order. Hard power now matters more than ever.

In recent years, Pakistan has emerged as a credible military power in terms of both conventional and nuclear capabilities. The Pakistani military's strong performance was recognized in May this year as it responded to what India called its "Operation Sindoor". The country has developed a range of short and medium-range missiles capable of carrying both conventional and nuclear warheads. Its longest range missile Shaheen 3 can hit deep inside India and Israel. In 2024, the Biden administration imposed sanctions against Pakistan after accusing it of developing intercontinental ballistic missiles (ICBMs) capable of reaching the US mainland.

Combining the Turkish military-industrial capacity with Saudi economic resources and Pakistan's large military and nuclear umbrella creates a formidable deterrent to any adventurism by Israel or any other hostile power against any of these three countries. That is the fundamental value of the Mecca Pact.

On the global stage, Pakistan has long sought to balance its foreign policy between China and the United States through a pragmatic hedging strategy, gaining economic, military, and diplomatic benefits from both superpowers while maintaining strategic autonomy. But the relationship between Pakistan and China is not the same as the one between Pakistan and the United States. Pakistan's ties with China are strategic while those with the United States remain tactical and transactional. What has changed recently is that Pakistan is no longer waging war to help the United States as it did during the "Cold War" and the "War on Terror". Instead, Pakistan has emerged as a peacemaker between the US and Iran.

Saturday, August 1, 2026

Geopolitics: Changing Dynamics of Pakistan's Ties to China and the US

Pakistan has long sought to balance its foreign policy between China and the United States through a pragmatic hedging strategy, gaining economic, military, and diplomatic benefits from both superpowers while maintaining strategic autonomy. But the relationship between Pakistan and China is not the same as the one between Pakistan and the United States. Pakistan's ties with China are strategic while those with the United States remain tactical and transactional. What has changed recently is that Pakistan is no longer waging war to help the United States as it did during the "Cold War" and the "War on Terror". Instead, Pakistan has emerged as a peacemaker between the US and Iran.

Both China and US Are Courting Pakistan

In a piece titled "Pakistan's Great Game", French political scientist Christophe Jaffrelot has explained what he sees as Pakistan's "tactics and strategy" in dealing with the two superpowers. Here's a quote from Jaffrelot's recent article on the subject:

"While Pakistan’s relationship with China is rooted in strategic logic, its relationship with the United States is more tactical in nature-and has been since the 1950s, when General Ayub Khan boasted of his ability to play "one lion against another" (referring to the United States and the USSR at the start of the Cold War). In its dealings with the United States, Pakistan has played the role of intermediary, or even "client," within a typical clientelist framework: in exchange for the services Islamabad provided to Washington, the United States provided Pakistan with substantial aid and agreed to sell it sophisticated weapons, and even to train its officers-a privilege greatly appreciated..... The first major service rendered by the Pakistanis to the Americans was none other than the intermediary role played by General Yahya Khan vis-à-vis Chairman Mao in the early 1970s, which led to the United States’ recognition of the People’s Republic of China. Over the following decade, Pakistan served as an intermediary between Washington and the mujahideen tasked with driving the Soviets out of Afghanistan. And in the 2000s, Pakistan was tasked by Washington with hunting down al-Qaeda-with much more mixed success this time, as evidenced by the discovery of bin Laden’s hideout in Abbottabad in 2011".

Pakistan PM Sharif (L) with Chinese President Xi

Jaffrelot goes on to say that the United States has repeatedly proved to be an unreliable partner of the South Asia nation. "Whenever the United States no longer needed Pakistan-or even felt betrayed by it-it abandoned the country or even imposed sanctions on it", he writes.

More recently, Pakistan's usefulness to the US has once again become obvious, no longer to wage war against the USSR or terrorism, but to make peace with Iran, Jaffrelot says.

"In 2026, Pakistan appears useful once again, no longer to wage war against the USSR or terrorism, but to make peace. Each time, these glorious episodes were very short-lived and came to an end due to criticism of the Pakistani regime’s authoritarianism - with the military always remaining in power, even when civilians are in the forefront; its ties to Islamists accused of terrorist activities - particularly in India; or accusations of nuclear proliferation. Will the same be true tomorrow, once the war in Iran is over and the United States no longer needs Pakistan? Everything will, of course, depend on the outcome of the conflict and the role Pakistan plays in resolving it-for it will be harder to send Islamabad back home if the world owes it something resembling peace".

Oval Office Photo: L to R: VP JD Vance, President Trump, PM Sharif, FM Munir & Sec of State Rubio

Jaffrelot argues that "Pakistan has reached a turning point through the recognition of its military capabilities, as reflected in the mutual defense agreement it signed with Saudi Arabia...... Last June, Kaja Kallas, the EU Vice President in charge of the Union’s international relations, on the occasion of the 8th Strategic Dialogue between Pakistan and the European Union in Islamabad, thanked Pakistan-"a major regional power"-for its efforts in helping to avert an "all-out war" in the Middle East. Jaffrelot now sees Pakistan's new role as a "net security provider" in West Asia and the Middle East.

He writes: "A more significant factor entering the equation relates to regional balances of power: Pakistan will continue to serve as a "net security provider" for Middle Eastern countries such as Saudi Arabia if those countries continue to fear the rise of Israel - a potential regional hegemon - and if they doubt Washington’s intentions, or even its mere reliability. There is no doubt that Pakistan itself will do everything in its power to prevent Israel from asserting itself on the regional stage and to gain influence over Iran-which is what the Israeli-American plan for regime change in Iran might have entailed. At the very least, faced with the risk of Israeli hegemony based on force and repeated military interventions, Pakistan could emerge as the architect of a resistance front bringing together not only Saudi Arabia, Turkey, and Egypt, but also Iran".

Jaffrelot expects India to continue its decade-long campaign to isolate Pakistan internationally. "India’s ability to isolate Pakistan-the strategy Narendra Modi has pursued for more than a decade-is another important variable, though its significance may be undermined by New Delhi’s drift toward authoritarianism and ethnocracy, as well as by the economic and social crisis threatening the country", according to Jaffrelot.

Wednesday, February 4, 2026

Can Pakistan's JF-17 Become Developing World's Most Widely Deployed Fighter Jet?

Worldwide demand for the JF-17 fighter jet, jointly developed by Pakistan Aeronautical Complex (PAC) and China’s Chengdu Aircraft Industry Group (CAIG), is surging. It is attracting buyers in Africa, Asia and the Middle East. At just $40 million a piece, it is a combat-proven flying machine with no western political strings attached. It has enormous potential as the lowest-cost 4.5 generation fighter jet featuring AESA radar, enhanced electronics, and superior weapons systems.

Pakistan PFX Concept Fighter. Source: Raksha Anirveda

In addition to the Pakistan Air Force, it is currently deployed by the air forces of Azerbaijan, Myanmar and Nigeria. Multi-billion dollar orders are in the pipeline from several countries, including Saudi Arabia, Libya and Sudan. Bangladesh is reportedly negotiating to purchase JF-17s in the near future. These orders are not just one-time purchases; they include service and training contracts, as well as spare parts and future upgrades. The US-based business publication Bloomberg recently reported: "After Pakistan said it used the jets to great effect in its brief conflict with India last year, at least five countries have expressed interest in buying them. That sudden demand may put the country’s defense industry in a crunch". So the question now is: Can Pakistan deliver?

Currently, Pakistan Aeronautical Complex (PAC) has the capacity to manufacture up to 20 JF-17s per year, sufficient to fill the orders from the Pakistan Air Force. It uses a Pakistani airframe, Chinese-made KLJ-7A AESA radar and Russian Klimov RD-93 turbofan engine. Additional capacity is being added at PAC to meet rapidly growing demand. A Chinese aviation expert told China's Global Times that this could be a "sweet problem" for Pakistan, as backed by strong order demand, the country's aviation industry is expected to develop rapidly, and potential capacity constraints are ultimately not a true concern given China's support for Pakistan in manufacturing this type of fighter jet.

The JF-17 is opening doors for Pakistan’s defense industry. The country is emerging as a major arms supplier to developing countries in Asia and Africa. Talks underway with at least 13 countries for JF-17 jets, drones and weapons, with several negotiations at an advanced stage.

Azerbaijan, Myanmar, Nigeria and Sudan have all made significant arms purchases from Pakistan in recent years. Azerbaijan expanded its order for JF-17 Thunder Block III multi-role fighter jets from Pakistan from 16 to 40 aircraft. The recent order extends a 2024 contract worth $1.6 billion to modernize Baku’s airborne combat fleet to $4.6 billion. This makes Azerbaijan the largest export customer of the Pakistan-made warplane. Bangladesh is negotiating purchase of up to 32 JF-17 Thunder Block III aircraft from Pakistan.

In the Middle East Pakistan has orders to supply JF-17s to Libya and Saudi Arabia. In a deal with Libya, Pakistan will sell over two dozen JF-17 fighter jets and 12 Super Mushak trainer aircraft used for basic pilot training. Pakistan and Saudi Arabia are in negotiations to convert about $2bn of Saudi loans into a deal to buy JF-17 fighter jets, according to Reuters.

In Africa, Pakistan has recently signed a $1.5 billion contract to supply combat drones and military trainer aircraft to Sudan. The order includes 150 armored vehicles, 220 drones and 10 K-8 Karakorum trainer/light attack aircraft. Earlier in 2021, Pakistan sold three JF-17 Thunder fighter jets and ten Super Mushshak trainer aircraft to Nigeria in a deal worth nearly $200 million. From 2018 to 2021, Pakistan sold 11 JF-17 Thunder Block I aircraft to Myanmar.

Air forces of about a dozen developing nations are buying and deploying Pakistani made aircrafts. The reasons for their choice of combat-tested Pakistan manufactured airplanes include advanced BVR (beyond visual range) features, affordability and ease of acquisition, maintenance and training.

Pakistan started developing defense hardware for import substitution to reduce external dependence and to save hard currency. Now the country's defense industry is coming of age to lead the way to high value-added manufactured exports.

Pakistan has unveiled its PFX (Pakistan Fighter Experimental) program as a significant upgrade to its JF-17 joint program with China. The new upgrade will have a number of stealth features ranging from the use of radar-absorbing composite materials and diverterless supersonic inlets (DSI) to internal weapons bay (IWB) which will significantly reduce the aircraft's radar signature. It is targeted for completion by the end of this decade. In addition, the PFX's twin-engine design will improve maneuverability and allow greater payload capacity.

The program is part of Pakistan's broader strategy to reduce reliance on foreign suppliers and strengthen the domestic defense industry. Currently, 58% of JF-17 components are manufactured locally by PAC, but Pakistan aims to increase this share to achieve full production autonomy for the PFX. It is not just about the PAF modernization but also about positioning Pakistan as an important player in the global military aviation market.

The PFX is an evolution of a plan that Pakistan announced in 2017 to develop and produce 5th generation fighter planes. It is part of Pakistan Air Force's highly ambitious Project Azm that includes building Kamra Aviation City dedicated to education, research and development and manufacturing of advanced fighter jets, unmanned aerial vehicles (UAVs) and weapon systems.

The PAF has already started replacing its aging fleet with the induction of the Chinese J10C fighter jets which are considered 4.5 Gen. The J10-C has stealth features like diverterless supersonic inlets (DSI). Its BVR capability is supported by PL-15 missiles, with an engagement range of up to 200 kilometers, facilitating long-range target engagements.

The PAF has also begun the process of acquiring 5th generation Chinese J35 fighter jets. The delivery of 40 J35 fighters to Pakistan is expected within two years, potentially altering regional dynamics, particularly concerning India.

Tuesday, December 30, 2025

Happy New Year 2026: Pakistan's Year 2025 in Review

As we enter the year 2026, it is time to review the year 2025 and wish you all Happy New Year 2026! May it bring peace, prosperity and happiness to all!!

The year 2025 saw Pakistan defeat a brazen Indian attack on its soil, while reviving its economy and fighting increasing terror. Pakistan's successful response to multiple serious challenges in 2025 helped significantly raise its geopolitical profile with improved ties with the United States and stronger relations with its friends in China, Russia and the Middle East. Pakistan’s GDP crossed the $400 billion mark in 2025. The year ended with Pakistani currency stable and the KSE-100, the key Pakistani stock market index, achieving new record highs with over 50% annual return in US dollar terms for investors. Privatization efforts gained steam with the sale of the PIA, the debt-ridden money-losing state-owned national airline, to private Pakistani investors. The political issues between the rulers and the opposition remained unresolved while PTI chief Imran Khan and his wife were sentenced to long jail terms. Taliban and Baloch terrorist groups stepped up their attacks on both civilian and military targets in the country. Pakistan has accused the Afghan Taliban of harboring these terrorist groups with India's backing.

Indian Aggression in May 2025:

On May 7, 2025, the Indian military launched an unprovoked attack on civilian targets in Pakistan after alleging without evidence that the terrorist attack in Pahalgam in the Indian Occupied Kashmir was carried out by groups based in Pakistan. The Indian attack was met with a robust Pakistani response in which multiple Indian fighter jets, including recently acquired Rafales, were shot down, leading to the grounding of the entire Indian Air Force for 48 hours. The fighting was halted within 4 days after mediation by the US President Donald J. Trump.

India's diplomatic efforts to isolate Pakistan by attempting to persuade the international community that Pakistan bore responsibility for Pahalgam failed miserably as the world demanded evidence which New Delhi could not produce. Azerbaijan, China and Turkey stood firmly with Pakistan, while India stood alone. Neither the US nor Russia came to India’s support.

High Optimism in Pakistan for 2026. Source: Gallup International

Pakistan's Geopolitical Gains:

Pakistan's success in what India dubbed Operation Sindoor was widely recognized by independent analysts and international media. President Trump talked about India's losses and a US government report referred to Pakistan's military successes against India.

Pakistan’s arm sales soared as the world learnt how the Pakistani military successfully used its indigenous defense gear, including drones and rockets, in the May conflict with India.

The Chinese celebrated the combat performance of their J-10C fighter jets and PL-15 air-to-air missiles used by the Pakistan Air Force against Indian military jets. Saudi Arabia signed a mutual defense pact with Pakistan after the Israeli Air Force struck in Doha, Qatar and the US government did nothing to help the country that hosts the largest US military base in the region.

Pakistan GDP FY 2008 to FY 2025. Source: PBS and AKD

Pakistan's Economic Revival:

Pakistan's economy stabilized with its currency stability and investor confidence. Pakistan’s gross domestic product (GDP ) reached $411 billion in June, 2025, rising 6.2% in April-June quarter. It slowed to 3.7% as floods hit parts of the country in the July-September quarter. The key stock index KSE-100 closed at record highs with 52% annual gain in US dollar terms. Large scale manufacturing grew with 8.3% in Oct 2025, driven by automobiles, construction, textiles, and petroleum. About 36,000 new retail trading accounts were opened in the September quarter, compared to 23,600 new registrations just three months ago, according to Topline Securities, a brokerage house in Pakistan. Broad and deep participation in capital markets is essential for economic growth and wealth distribution in any country.

Pakistan Shares Index Performance in 2025. Source: PSX

Pakistani Rupee Performed Better Than Indian/Sri Lankan Currencies in 2025

Pakistan's arms exports soared with multi-billion dollar orders for its fighter jets, trainer aircraft and drones. Azerbaijan, Sudan, Libya and Turkey purchased Pakistan-made defense equipment.

The discovery of rare earth metals, particularly large deposits of antimony, a critical mineral, boosted Pakistan's potential in world trade of critical metals. Antimony's main uses are in flame retardants (as antimony trioxide in plastics, textiles), strengthening alloys (especially with lead for batteries, ammunition, bearings, cable sheathing, pewter), and in semiconductors (diodes, infrared detectors). It's crucial for military tech (night vision, explosives), improves battery performance, and is used in glass (clarifying agent) and ceramics, highlighting its role in critical defense and energy technologies. . The price of antimony trioxide has shot up to around $40,000 per ton — off its peak of more than $60,000 as some users seek alternatives but still substantially higher than $26,000 in September 2024 — as fears about China’s control of the supply chains for metals including antimony have sparked a global race to secure supplies.

Pakistan received commitments of billions of dollars in investments in its large copper and gold deposits. Copper's importance has dramatically increased with growth in electric vehicles, data centers and global power demand.

Pakistan Space Program:

In October 2025, China launched HS-1 satellite for Pakistan, its first hyper-spectral satellite which is equipped with advanced hyper-spectral imaging sensors capable of capturing data across hundreds of narrow spectral bands. The satellite lifted off from China’s Jiuquan Satellite Launch Center on a Kinetica-1 rocket. It is expected to boost Pakistan's national capacities in areas such as precision agriculture, environmental monitoring, urban planning, and disaster management. Its high-resolution data will support improved resource management and strengthen Pakistan’s resilience to climate-related challenges.

In addition to the HS-1 satellite, Pakistan has signed a $406 million deal with China’s PIESAT for a constellation of over 20 imaging and communication satellites, a move that signals a profound shift in its strategic posture, according to defense site Quwa. The deal includes a full transfer-of-technology (ToT) for in-country satellite manufacturing. It is poised to provide the Pakistani military with a sovereign, persistent imaging intelligence (IMINT) capability.

Pakistan's First AI Data Center:

Data Vault and Telenor Pakistan launched the nation's first dedicated AI data center in Karachi. It is designed to support startups, researchers, and government agencies with high-performance computing and GPU-as-a-service offerings. It is equipped with more than 3,000 Nvidia's highest performance H100 and H200 GPUs for which the Trump Administration issued export licenses. These GPUs cost from $40,000 to $60,000 each, making the Nvidia chips the biggest chunk of the investment made in this AI data center. Other data centers in Pakistan also support AI workloads but this new data center in Karachi is specially designed for AI. It puts the country on a short list of only a handful of nations with locally hosted AI data centers. Pakistanis rank among the world's top five users of Artificial Intelligence (AI) tools, securing the fourth spot among 21 nations surveyed by the Schwartz Reisman Institute.

Pakistan's Challenges in 2026:

Sustained economic recovery is the key challenge for Pakistan in 2026 and beyond. It is a difficult challenge amid unsettled issues with India and unresolved domestic political problems at home. Opposition leader Imran Khan and his wife have been sentenced to long jail terms by Pakistani courts. This situation, if left unresolved, is likely to continue to be a source of instability and poor economic performance. The other challenge is rising incidents of terror in the country with a 70% increase in terror attacks in 2025. Brute force alone will not resolve these issues. There's a need for talks to reach a political settlement with the Afghan Taliban who are harboring groups like the TTP and BLA that launch cross-border attacks in Pakistan.

Thursday, December 25, 2025

PIA Privatization: Can it Bring Back Pakistan National Airline's Glory Days?

After decades of failed attempts, the Government of Pakistan has finally privatized the Pakistan International Airline (PIA) under intense pressure from the International Monetary Fund (IMF). Nonetheless, it is a deal that will give the national airline not only a chance to survive but to thrive in the long run. As part of structuring the sale for Rs. 135 billion, the government has assumed Rs. 654 billion in debt and pension obligations. The government gets only Rs. 10 billion in cash but it gives the new owners a clean balance sheet in return for a commitment to invest Rs. 125 billion of the Rs. 135 billion sale price in the carrier.

PIA Privatization Deal Structure. Source: Standard Capital Securities Pvt Ltd.

Pakistani politicians have used state-owned enterprises like the PIA as a vehicle for doling out political patronage. They have given jobs, including top jobs, to political cronies who have neither the experience nor the inclination to run these PSUs like businesses. Their focus has been on extracting as much financial gains as possible, and sharing some of these gains with their political patrons.

Privatization will save Pakistan’s taxpayers tens of billions of rupees each year, and raise the prospect of the PIA becoming a contributor rather than a continuous drain on the national treasury. Prior experience with privatizations of state-owned units like banks and the telecom company has shown that this is a realistic expectation. Taxpayer money saved can be used to fund education, healthcare and critical infrastructure.

The PIA has a huge potential to succeed as an airline business. It has lucrative routes and landing rights which it is currently unable to fully utilize. It has a small aging fleet of 32 aircraft. Half of the fleet is out of service at any given time due to maintenance issues.

Arif Habib, the head of the buying consortium which was advised by New York-based Seabury Aviation Partners, has committed to hiring a professional management team to run the PIA as a business to serve its customers and shareholders. He has announced plans to grow the PIA fleet from around 15-18 operational aircraft to 38 in the first phase, then potentially reaching 64-65 aircraft within a few years, essential for reclaiming international routes and improving service by adding more planes and restoring operational strength.

Pakistan has the world's 6th largest diaspora. In addition, millions of Pakistanis travel for Hajj and Umrah pilgrimage to Saudi Arabia each year. Majority of the overseas Pakistanis and pilgrims would choose to travel by PIA if it offered convenient schedules and better service with direct flights to Pakistan.

A successful national airline can make a significant contribution to the nation's economy by improving connectivity for tourism, trade and investment in the country. Business people, in particular, value their time. Operating direct, non-stop flights to destinations in Pakistan from major international airports are essential for serving this customer base.

PakAlumni Social Network

Monday, November 10, 2025

NED University Alum's Chip Startup Acquired by ARM For $265 Million

DreamBig, a fabless semiconductor company founded by NED University alumnus Sohail Syed, has been acquired by Advanced RISC Machines (ARM) for $265 million. The Silicon Valley-based startup is developing networking chips for data centers, with hardware specifically designed to run AI applications. The startup does not manufacture its own chips but instead licenses its designs to other semiconductor companies. It has had a partnership with Samsung’s foundry division to bring its hardware to market.

Sohail Syed, Founder and CEO of DreamBig Semiconductors

Here's how DreamBig Semiconductor describes itself on its website:

"DreamBig Semiconductor is a chiplet-based networking company dedicated to providing comprehensive, high throughput solutions for the AI, Datacenter, edge compute and Automotive markets. Headquartered in San Jose, CA, USA, we have over 200 employees globally and partnerships with the largest semiconductor companies in the world. Founded by RDMA experts and chiplet innovators, DreamBig removes the bottlenecks to on- and off-chip networking, transforming the most important applications on the planet".

Nvidia and several other AI chip companies have licensed ARM's processor core technology for use it in products. Major tech companies including Amazon, Apple, Google, Qualcomm and Samsung are among the ARM licensees. ARM's processor cores are known for their energy efficiency and are widely used in mobile devices, but are increasingly found in servers, desktops, and other applications that require good performance-per-watt. Examples include the Apple M-series processors, which are custom ARM-based CPUs for Macs. Most of the advanced semiconductor chips are manufactured by TSMC (Taiwan Semiconductor Manufacturing Corp) in its fabs located in Taiwan.

DreamBig Semiconductor has established a design center in Pakistan in collaboration with the National University of Sciences and Technology (NUST), which includes a chip design and training center and a chip testing lab. It is a part of Pakistan's broader effort to develop its semiconductor industry, and DreamBig has also sponsored training workshops at universities like the NED University in Karachi and the University of Engineering and Technology (UET) Lahore.

Pakistan has recently launched The INSPIRE Pakistan initiative to train a new generation of semiconductor professionals and enter the global chip design and research market. The initiative, formally named Initiative to Nurture Semiconductor Professionals for Industry, Research & Education, is a five-year plan designed to train over 7,200 professionals and establish Integrated Circuit (IC) labs in universities across the country. It aims to bridge the gap between academia and industry, develop local tech capacity, and position Pakistan as a player in the global semiconductor ecosystem.

Dr. Naveed Sherwani, an NED University alumnus and a serial Silicon Valley entrepreneur, has been instrumental in launching INSPIRE Pakistan initiative. He headed the task force that recommended the initiative to the Pakistani government. Dr. Sherwani is currently the head of the National Semiconductor Hub in Saudi Arabia which aims to attract and develop semiconductor design industry in the Kingdom.

Semiconductors power modern life, forming the core of everything from computers and networking to smartphones and military weapons. Countries such as Pakistan need the knowledge and the human capital trained in semiconductor technology for their long-term economic prosperity and national security. The global semiconductor market size is currently about $600 billion and it is growing rapidly.

HS-1 Satellite: Pakistan's Eye in the Sky

Growing China-Pakistan Space Collaboration

Pakistani Military Launches Defense AI Program

Pakistani Students Enrollment in US Colleges and Universities Soaring

Silicon Valley Pakistanis

STEM Enrollment in Pakistan Exceeds One Million

Silicon Valley Helping Build Pakistan's Human Capital

Marvell Acquires NED Alum Raghib Husain's Company For $7.5 Billion

Is Pakistan Ready for the AI Revolution?

Growing Presence of Pakistani Women in Science and Technology

Riaz Haq's Youtube Channel

PakAlumni Social Network

Sunday, October 19, 2025

Improved US-Pakistan Ties: F-1 Visas For Pakistani Students Soaring

The F-1 visas for Pakistani students are soaring amid a global decline, according to the US government data. The US visas granted to Pakistani students climbed 44.3% in the first half of Fiscal Year 2025 (October 2024 to March 2025) with warming relations between the governments of the two countries. The number of visas granted to Indian students declined 44.5%, compared to 20% fewer US visas given to students globally in this period. The number of US visas granted to Pakistani students in the current year is on track to reach 5,800 which will be an all-time high.

F-1 Student Visa Trend For Pakistan 2018-2025. Source: ApplyBoard

In Pakistan, 3,322 F-1 student visas were granted in fiscal year 2023. The number of F-1 visas issued in the first half of fiscal year 2025 was 1,928, an increase of 44.3% compared to the same period in the previous year. While the final numbers for fiscal year 2025 are not yet complete, Pakistan is on track to issue a high number of F-1 visas, possibly reaching an all-time high. From October 2024 to May 2025, nearly 3,000 Pakistani students received F-1 visas, a figure that was expected to significantly increase during the peak summer months, according to ApplyBoard.

Beyond the ‘Big Four’(Australia, Canada, UK and US), other destinations have seen increased interest from Pakistani students since the pandemic. In Europe, Germany has emerged as a major destination for Pakistani students seeking education abroad.

Pakistani Studying in Germany. Source: ApplyBoard

Pakistan is third, after only China and India, in terms of the size of its college-aged population, according to the United Nations. The British Council expects growth in Pakistani outbound mobility to be among highest in the world over the next decade, along with China, India, Nigeria, and Bangladesh.Pakistanis pursuit of international education is largely focused on pursuing studies in high-demand fields like science, technology, engineering, and mathematics (STEM).

Acceptance rate in Pakistani universities and degree colleges was just 13.5% in 2022. Only 541,043 students were accepted from 4,085,185 students who applied. The country produced 471,306 university graduates in 2020-21. Of these, 157,102 were in STEM fields, including 43,000 graduates in information technology (IT).

Pakistan’s gross tertiary enrollment (GER) ratio was only 13% in 2023, according to UNESCO. This is much lower than in India, and lower than in Bangladesh and Sri Lanka as well. Of 109 countries UNESCO profiled in 2021, Pakistan’s tertiary GER was 100th. Given Pakistan’s huge college-aged population, there is serious unmet demand for higher education, according to the ICEF Monitor.

Recent data on which destinations are hosting the most Pakistani students include:

UK: 34,690 in 2022/23 (+50% y-o-y)

China: 28,000 before the pandemic

UAE: 24,865 in 2020 according to UNESCO

Australia: 23,380 in 2023 (+49%)

US: 10,165 in 2022/23 (+16%)

Germany: 8,210 in 2022/23 (+22%)

Kyrgyzstan: 6,000 in 2020 according to UNESCO

Malaysia: 5,000 in 2023

Canada: 4,750 in 2023 (+101%)

Turkey: 2,385 in 2020 according to UNESCO

Saudi Arabia, South Korea, Sweden, Qatar: At least 4,000 in 2020 according to UNESCO

Pakistani-Americans in Silicon Valley

2021: A Banner Year For Tech Startups in Pakistan

Pakistan Projected to Be World's 6th Largest Economy By 2075

Digital Pakistan 2022: Broadband Penetration Soars to 90% of 15+ Population

Working Women Seeding a Silent Revolution in Pakistan

Pakistani-American's AI Startup Commands $18 Billion Valuation

Over A Million Pakistani University Students Enrolled in STEM Fields

Pakistan at 75

Growing Presence of Pakistani Women in Science and Technology

Riaz Haq's Youtube Channel

PakAlumni Social Network

Saturday, September 27, 2025

Pak-Saudi Joint Defense: Is Pakistan A Major Power or Bit Player in the Middle East?

The recently signed “Strategic Mutual Defense Agreement” between Saudi Arabia and Pakistan states that “any aggression against either country will be considered an aggression against both”. It is being seen by some geopolitical analysts as the beginning of an "Islamic NATO". Others, such as Indian-American analyst Shadanand Dhume, have dismissed Pakistan as no more than a "bit player" in the Middle East. Where does the truth lie?

Pakistan PM Shahbaz Sharif(L) with Saudi Crown Prince MBS

Is Pakistan really capable of defending Saudi Arabia and other Arab Gulf nations against external aggression such as the recent Israeli attack on Qatar? Can Pakistan provide a nuclear umbrella to deter aggression against its friends in the Middle East? Or is it too weak economically and unstable politically to provide security guarantees to the GCC (Gulf Cooperation Council) nations like Qatar, Saudi Arabia and the United Arab Emirates? Let's try and understand the context which has brought about this bilateral security arrangement between Pakistan and Saudi Arabia.

The oil-rich Gulf Arab nations have long relied on the West for their security. But, on September 9, 2025, when Israel launched an airstrike on a residential compound in Doha, Qatar, the U.S. and its western allies did nothing to defend the Qataris. It’s notable that this attack occurred on a U.S. ally which hosts the largest American military base in the region. The fact that the United States did nothing to stop this Israeli aggression has shaken the confidence of the G.C.C. nations in the willingness of the United States to defend them, particularly from any Israeli attacks. Israel has attacked almost every country in the Middle East, including Iran, Lebanon, Syria and Yemen in the last 12 months. Israel has gone rogue. It is carrying out a genocide in Gaza with impunity. It is being aided and abetted by the West in its crimes against humanity. It appears to have the license from the United States to do so.

Given these realities, who can the Gulf Arabs turn to for security? Which Muslim nation has Saudi Arabia had the closest military ties with for decades? Which country with nuclear weapons is most likely to deter attacks on the Saudis from nuclear-armed adversaries like Israel? Who else but nuclear-armed Pakistan!

Oval Office Photo: L to R: VP JD Vance, President Trump, PM Sharif, FM Munir & Sec of State Rubio

There has been no official US reaction to the Pakistani-Saudi Strategic Mutual Defense Agreement so far. However, judging from the recent cordial meeting of the Pakistani Prime Minister Shahbaz Sharif and Army Chief Field Marshal Asim Munir with President Trump at the White House, it appears that Team Trump does not object to it.

In recent years, Pakistan has emerged as a credible military power in terms of both conventional and nuclear capabilities. The Pakistani military's strong performance was recognized in May this year as it responded to what India called its "Operation Sindoor". The country has developed a range of short and medium-range missiles capable of carrying both conventional and nuclear warheads. Its longest range missile Shaheen 3 can hit deep inside India and Israel. Last year, the Biden administration imposed sanctions against Pakistan after accusing it of developing intercontinental ballistic missiles (ICBMs) capable of reaching the US mainland.

In January this year at an Islamabad event, Ambassador Munir Akram articulated potential rationales for developing a missile of increased range, according to the US Congressional Research Service. A missile exceeding the Shaheen-III range may be necessary to reach Indian missiles deployed on bases in the Indian Ocean located "well beyond" the Shaheen-III range, he said, adding that India has sought to establish access to such bases. Akram also posited that Pakistan may need to develop an indigenous space launch vehicle or an anti-satellite weapon; ballistic missile programs can aid the development of such platforms.

Biden Administration Accused Pakistan of Developing Intercontinental Ballistic Missiles

Yes, Pakistan does have a weak economy. But that is primarily because of significant underinvestment over decades. That’s where the oil-rich Gulf Arab nations can help. They have been investing trillions of dollars in the West in the hope of getting security from them. They have huge sovereign investment funds which can invest in Pakistan. Even if they invest a fraction of what they have invested in the U.S., the positive effects on Pakistan’s economy will be immense.

As to Pakistan’s political instability, it can be managed by a hybrid system of government where the politicians and the generals reach an understanding to benefit both as well as the country. It will also serve Saudi interests to use its considerable influence in Pakistan to bring political and economic stability to the country.

Given today's geopolitical realities, Pakistan is the best choice for Saudi Arabia and other Gulf nations to deter aggression from Israel and other aggressors in the region. Gulf Arab nations have generally welcomed the Strategic Mutual Defense Agreement (SMDA) between Saudi Arabia and Pakistan, viewing it as a move that strengthens regional security amid concerns about US commitments. Iran's President Masoud Pezeshkian has also welcomed it, describing it as "a beginning for a comprehensive regional security system". In a speech to the United Nations General Assembly, he said: “Iran welcomes the defensive pact between the two brotherly Muslim countries, the Kingdom of Saudi Arabia and the Islamic Republic of Pakistan, as a beginning for a comprehensive regional security system with the cooperation of the Muslim states of West Asia in the political security and defense domains”.

Tuesday, July 15, 2025

Pakistani International Students Flocking to European Universities

Recent data shows that there are nearly 10,000 Pakistani students attending colleges and universities in Germany. This figure is second only to the United Kingdom which issued over 35,000 student visas to Pakistanis in 2024. The second most popular destination for Pakistani students is Australia which is hosting nearly 24,000 students from Pakistan as of 2023, according to the ICEF Monitor.

Top Countries of Origin For International Students in Germany 2024. Source: Study in Germany

Here's a list of the top 15 countries of origin of foreign students in Germany in 2024:

India 49,008

China 38,687

Turkey 18,084

Austria 15,379

Iran 15,159

Syria 13,379

Russia 10,593

Italy 10,154

Ukraine 9,914

Pakistan 9,873

Egypt 8,060

Morocco 7,398

Tunisia 6,852

Cameroon 6,789

France 6,759

This year, Pakistani students won 114 Erasmus Mundus EU Scholarships, the highest number in the world. This makes Pakistan the top country receiving these scholarships for the fourth consecutive year. The Erasmus Mundus Scholarship is a prestigious European scholarship program for graduates, funding joint master's degrees at prestigious universities across multiple countries.

Pakistani Students Received the Highest Number of EU Scholarships in 2025. Source: EU

Here's the list of top countries of EU Scholarship Winners in 2025:

1. 🇵🇰 Pakistan: 114

2. 🇮🇳 India: 96

3. 🇧🇩 Bangladesh: 95

4. 🇲🇽 Mexico: 93

5. 🇳🇬 Nigeria: 75

6. 🇧🇷 Brazil: 73

7. 🇪🇸 Spain: 65

8. 🇺🇸 USA: 62

9. 🇪🇬 Egypt: 61

10. 🇩🇪 Germany: 61

Recent data on which destinations are hosting the most Pakistani students include:

UK: 34,690 in 2022/23 (+50% y-o-y)

China: 28,000 before the pandemic

UAE: 24,865 in 2020 according to UNESCO

Australia: 23,380 in 2023 (+49%)

US: 10,165 in 2022/23 (+16%)

Germany: 8,210 in 2022/23 (+22%)

Kyrgyzstan: 6,000 in 2020 according to UNESCO

Malaysia: 5,000 in 2023

Canada: 4,750 in 2023 (+101%)

Turkey: 2,385 in 2020 according to UNESCO

Saudi Arabia, South Korea, Sweden, Qatar: At least 4,000 in 2020 according to UNESCO

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Monday, April 28, 2025

Pahalgam Attack: Why is the Indian Media Not Asking Hard Questions?

A recent terrorist attack on April 22 in Kashmir has killed 26 Indian tourists. Prime Minister Narendra Modi's Hindu Nationalist government took no time to blame Pakistan for the attack and vowed to "punish" the neighbor for it. Indian media, also derisively known as "Godi media", immediately went into overdrive to demand action against Pakistan. New Delhi followed up with suspending the Indus Basin Water treaty from the 1960s which guarantees 80% of the water from the three western rivers (Chenab, Jhelum and Indus rivers) to Pakistan, while India gets the exclusive use of the water from three eastern rivers (Beas, Ravi and Sutlej rivers). India also ordered Pakistani visitors to leave the country and reduced Pakistani diplomatic staff posted in India. Pakistan responded by suspending Simla Agreement and banning overflights of Indian civilian and military aircraft through its airspace. Pakistan warned India that any attempt to block its share of water from the three western rivers will be an "act of war", adding that it was prepared to respond, “with full force across the complete spectrum of national power”. Pakistan is a nuclear-armed country, as is India. Pakistan's nuclear doctrine calls for the use of nuclear weapons if its national existence is threatened by any country.

Shankaracharya Swami Avimukteshwaranand Saraswati

The Indian mainstream media has amplified the Modi government's propaganda and abandoned its role of asking the hard questions to get at the truth. Among the few who have raised serious doubts about Delhi's narrative is a Hindu religious leader named Shankaracharya Swami Avimukteshwaranand Saraswati. In a viral video, the holy man has asked the following questions:

1. Shouldn't our "chowkidar" (Modi has called himself chowkidar in the past) be held accountable for any attacks on our home?

2. How did the attackers manage to come in, carry out the attack without any resistance and safely escape?

3. How did you so quickly determine that the attackers came from Pakistan? And if you are so good at reaching this conclusion so quickly, why were you unable to stop the attack in the first place.

4. Can India really cut off water flow instantly to Pakistan to "punish" it? Experts say it will take at least 20 years if India allocated unlimited funds to make it happen as fast as possible. It will require building dams, water reservoirs and canals to divert the water from Pakistan.

Pakistani journalist Najam Sethi sees the hand of "Indian deep state" at work in Pahalgam, carried out while the US Vice President JD Vance in India. Sethi recalls what former American Secretary of State Madeleine Albright wrote in her memoirs titled "Mighty Almighty" about the killing of 35 Sikh villagers in Kashmir that India blamed on Pakistan during US President Bill Clinton's India visit in March, 2000. She said Clinton suspected the hand of Hindu extremists in the Chittisinghpura incident. She quoted him saying that if he hadn’t made the trip, the victims would have still been alive.

Among the Indian journalists, only Bharat Bhushan has raised some questions about his country's government narrative. He thinks India violated the back-channel agreement between Modi's NSA Ajit Doval and Pakistan's then NSA Moeed Yusuf reached after 2019 to spare the civilians on both sides in any proxy attacks. Bhushan points out a warning from Lt General Ahmad Sharif that “the (Jaafar Express) train attack (in Balochistan) has changed the rule of the game”.

Bhushan's op ed mentions Modi's muscular policy toward people he sees as "terrorists". Canada, Pakistan and the United States have all accused the Indian government of a campaign of international assassinations. He writes: "Another development has been the targeted killings of terrorists and militants — both Kashmir and Sikhs, that Pakistan alleges have been initiated by Indian intelligence agencies after the Pulwama terrorist strike in 2019 when 40 paramilitary personnel were killed. India was allegedly inspired to undertake extra-judicial killings on foreign soil, from the example of Russia’s KGB, Israel’s Mossad, and the assassination of dissident journalist Jamal Khashoggi by Saudi Arabia".

Bhushan concludes his Op Ed in Deccan Herald as follows: "How will India react now to what it believes to be Pakistan-sponsored terrorism? The bravado about punishing every terrorist act with greater-than-expected force is not going to be easy to put in action. Geopolitical circumstances have changed since 2019. Public sentiment cannot be the sole basis of military strikes. Thankfully, no crucial election is in the offing where assuaging public emotions becomes an issue. India will also have to provide proof to the world that Pakistan was indeed involved. This would require the arrest and questioning of the terrorists involved. That may take time. Only the tacit approval of the US can ensure that a strike against Pakistan does not spin out of control".

Riaz Haq's Youtube Channel

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Saturday, April 12, 2025

Pakistan Minerals Investment Forum Draws Interest of Global Investors

Pakistan's mineral resources, estimated to be over $6 trillion, attracted global investor interest at the Pakistan Minerals Investors Forum 2025 (PMIF2025) held recently in Islamabad on April 8th and 9th. It was attended by major international companies and government officials from Australia, Canada, China, Saudi Arabia, Turkiye, the US and other nations.

Pakistan is known to have large deposits of critical minerals from copper and gold to lithium. Canadian Mining Journal has described the border region of Afghanistan and Pakistan as "Saudi Arabia of lithium". These deposits are found in various parts of the country, including Balochistan, Gilgit, Khyber Pakhtunkhwa, Sindh, and the Exclusive Economic Zone of Pakistan's coastal waters. The Geological Survey of Pakistan also notes the potential of lithium in LCT-type pegmatites and super arid salt lakes. Pakistan's major lithium-bearing areas are found in the Khyber Pakhtunkhwa and Tribal Areas (FATA), contributing about 85% of the country's lithium production.

Pakistan Minerals Map. Source: ResearchGate

The Trump administration is interested in working with Pakistan to explore the potential for cooperation in meeting the US needs for critical minerals. "Critical minerals are the raw materials necessary for our most advanced technologies," said Eric Meyer, a senior official for the Department of State's Bureau of South and Central Asian Affairs, who attended the PMIF2025 in Islamabad. He said Pakistan's "vast mineral potential" can benefit the United States as he highlighted the White House's strategic priority to secure diverse and reliable sources of critical minerals.

Eric Meyer's participation in the PMIF2025 was preceded by a phone call from US Secretary of State Marco Rubio to Pakistani Foreign Minister Ishaq Dar. After the call, the US State Department readout said, "The Secretary raised prospects for engagement on critical minerals and expressed interest in expanding commercial opportunities for U.S. companies".

In January of this year, Gentry Beach, an American billionaire investor and a close Trump ally, visited Pakistan to look for investment opportunities in the mining sector. Upon his return to the United States, Beach praised Pakistan government’s policies as “favorable for business and investment" and expressed keen interest in investing across various sectors. In a viral TikTok video of his speech at Trump's Florida home at Mar a Lago, Gentry said, " Last week, I had the benefit of visiting Pakistan, an amazing country.....unfortunately, the previous administration (Biden administration), burned every possible bridge they could, they even put sanctions on Pakistan, a close US ally... they (Pakistanis) have sacrificed so much for the American people....Pakistan is a country that we (US) need to build a strong bridge to and partnership with".

Pakistan has one of the world’s largest porphyry copper-gold mineral zones. The Reko Diq mine in southwestern Balochistan province has an estimated 5.9 billion tons of copper ore. At current prices, the value of copper and gold deposits at Reko Diq in Balochistan province is nearly $200 billion. It is expected to generate $70 billion in free cash flow and $90 billion in operating cash flow over 37 years.

Barrick Gold CEO Mark Bristow has said he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. Speaking about the Pakistani mining project at a conference in the US State of Colorado, the South Africa-born Bristow said “This is like the early days in Chile, the Escondida discoveries and so on”, according to Mining.com, a leading industry publication. "It has enormous upside potential". He was referring to Pakistan’s untapped discovery potential. Escondida was the first discovery of copper in Chile which is now the world's largest producer and exporter of copper. Last year, the South American country exported nearly $20 billion worth of copper.

“Copper has no substitutes,” Bristow continued. “It is as strategic as gold is precious, and we’re bringing new copper projects online just as the supply squeeze hits.” Comparing Reko Diq to Escondida, he said "walking across, there's more than one porphyry, significantly more than one, it's a real endowment for the people of Balochistan and greater Pakistan". "It (Reko Diq) is world class, a gold mine on its own and a copper mine on its own". He expects a peak of 10,000 jobs during construction and 5,500-6,000 direct jobs to operate the Reko Diq mine afterwards. It will also create a lot of indirect job opportunities in the supply chain. "We are going to demonstrate (in Balochistan) that you can do something transformatory, both socially and economically".

The biggest foreign investor in Pakistan's mining sector is Canadian mining giant Barrick Gold with a projected investment of $5 billion. It is followed by the Saudi Manara Minerals with $540 million. World Bank's investment arm IFC has committed $300 million for Reko Diq. Pakistan's state-owned OGDCL has recently announced it is increasing its investment in Reko Diq to $627 million.

The biggest challenge Pakistan faces is one of security in the remote areas where its mineral resources are located. Pakistani military chief General Asim Munir believes he can deal with it effectively. He made assurances to investors that his forces will ensure security. Another challenge is one of lack of political stability which is a matter of great concern to investors.