Silicon Valley has officially landed in Karachi. Mobiz, a US-based technology company, just established its new regional office at NASTP Karachi. The Securities and Exchange Commission of Pakistan (SECP) quickly took notice. Recently, SECP Chairman Dr. Kabir Ahmad Sidhu warmly welcomed the strategic move.
Interestingly, Mobiz is a Pakistani-owned firm. However, it operates out of the highly competitive Silicon Valley in the USA. The company delivers advanced tech solutions across the globe. Specifically, it provides dedicated services in Cloud computing, Data management, Artificial Intelligence (AI), and Cybersecurity. Now, the firm is bringing its global footprint directly to the local market.
Mobiz Opens Regional Office at NASTP & SECP Champions Local IT Talent
Dr. Kabir Ahmad Sidhu sees this development as a major win. He stated that the expansion of global technology companies reflects immense confidence in Pakistan’s IT talent. Furthermore, he emphasized that the country’s talented youth hold the power to play a prominent role in the global IT market.
According to the Chairman, vast opportunities exist right now. These opportunities can seamlessly transform Pakistan into a regional technology and global services hub. Consequently, the SECP is actively stepping up its own efforts. Dr. Sidhu noted that the commission is currently working on transparency, digitalization, and vital regulatory reforms. Ultimately, these steps will directly facilitate the ease of doing business.
Empowering the Future Workforce
Modern technology offers clear, measurable benefits. The Chairman pointed out that adopting modern tech reduces business costs and saves valuable time. At the same time, it dramatically increases both transparency and operational efficiency.
Therefore, direct investments by global IT companies like Mobiz carry a heavy economic impact. This move will create secure employment and open up new global work opportunities for the youth. Finally, Dr. Sidhu congratulated Mobiz Global on the successful launch of their Karachi office and expressed his best wishes for the company’s further expansion across Pakistan.
