PROFILE: Dr. Mehmood Khan, Pakistan’s first scientist to be granted Saudi citizenship

PROFILE: Dr. Mehmood Khan, Pakistan’s first scientist to be granted Saudi citizenship
an undated file photo of Dr. Mehmood Khan. (Photo courtesy: Bloomberg)
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Updated 07 July 2024
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PROFILE: Dr. Mehmood Khan, Pakistan’s first scientist to be granted Saudi citizenship

PROFILE: Dr. Mehmood Khan, Pakistan’s first scientist to be granted Saudi citizenship
  • Dr. Khan has served in key positions in corporate, medical and scientific fields in a career spanning three decades
  • Saudi Arabia has opened its citizenship to highly skilled professionals to attract and retain exceptional global talent

ISLAMABAD: Pakistani scientist Dr. Mehmood Khan this week became a member of a distinguished list of doctors, researchers, innovators and entrepreneurs from around the world who were granted Saudi citizenship, according to a list published by financial news portal Argaam.

An American national, Dr. Khan is currently the chief executive officer of the Hevolution Foundation, a non-profit organization that aims to increase the number of aging-related treatments, compress the timeline of drug development, and increase accessibility to therapeutics that extend a human lifespan.

A global non-profit organization headquartered in Riyadh with a North American hub, and an annual budget of up to $1 billion, Hevolution Foundation is the second largest geroscience funder with plans to open offices in other international locations. Geroscience is a field of biomedical research that seeks to understand how aging processes drive chronic diseases.

Dr. Khan was awarded Saudi citizenship after the kingdom opened its citizenship to highly skilled professionals as part of its Vision 2030, aiming to attract and retain exceptional global talent to enhance the kingdom’s economic and social development. A royal decree to this effect was issued in November 2021, allowing people belonging to specialized fields such as science, medicine, culture, sports and technology to apply for citizenship.

Dr. Khan, who earned his medical degree from the University of Liverpool Medical School in England, was also mentioned in the list of all the high achievers who received Saudi citizenship this week in Argaam. 

“So I grew up in England, actually haven’t had a chance to grow up in Pakistan,” Dr. Khan said during an interview in 2015 at OPEN Silicon Valley, an international organization of Pakistani entrepreneurs. “Proud to be Pakistani [though].” 

He advised budding corporate leaders and those aspiring to make a name for themselves in the medical field to take risks in life and pursue their passion. 

“Do take risks. Do not be afraid to take risks and do the best you can but pursue your passion,” he said. 

The Pakistani-American scientist has an impressive profile, having served in senior corporate and medical positions in a career spanning three decades. 

Dr. Khan has served as the chief executive officer at Life Biosciences Inc, vice chairman and chief scientific officer of global research and development at PepsiCo. from 2007-2019, and as the president of global research and development at renowned Japanese company, Takeda Pharmaceuticals, from 2003-2008.

He has served as director of the diabetes, endocrine and nutritional trials unit at the prestigious Mayo Clinic and Mayo Medical School from 2001-2003.

Dr. Khan is a fellow of the Royal College of Physicians and a fellow of the American College of Endocrinology as well.

He was the chairman of the US-Pakistan Business Council from 2016-2019 and continues to remain a board member of Reckitt Benckiser, a globally renowned British multinational consumer goods company.

Dr. Khan advised people aspiring to achieve senior positions in the corporate and medical fields to “reinvent” themselves.

“You cannot be the same that you were 30 years ago,” Dr. Khan told OPEN Silicon Valley. “If I was still doing what I learned 30 years ago, I couldn’t even practice medicine, let alone do what I do today.”


Pakistan’s Bank Alfalah acquires nearly 10 percent stake in UAE fintech Jingle Pay

Pakistan’s Bank Alfalah acquires nearly 10 percent stake in UAE fintech Jingle Pay
Updated 17 sec ago
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Pakistan’s Bank Alfalah acquires nearly 10 percent stake in UAE fintech Jingle Pay

Pakistan’s Bank Alfalah acquires nearly 10 percent stake in UAE fintech Jingle Pay
  • Jingle Pay plans to launch its digital banking services in Pakistan in the first quarter of 2025 as a branchless banking mobile app
  • Only 60 percent of Pakistan’s 137 million adult population, or 83 million adults, have a bank account, according to central bank estimates

ISLAMABAD: Bank Alfalah, a leading Pakistani commercial bank, on Monday announced it had acquired 9.9 percent equity stake in Dubai-based fintech firm Jingle Pay, underscoring the bank’s commitment to driving digital transformation and fostering financial inclusion in Pakistan and across other markets.
With over 1,000 branches across 200 cities and an international presence in the United Arab Emirates, Bahrain, and Afghanistan, Bank Alfalah offers various products and services to private-sector institutions and governments, and has established itself as a premier digital bank.
Jingle Pay, on the other hand, has redefined the fintech space with its proprietary AI-powered tech stack already processing over 2 million transactions and facilitating over $1 billion in international money transfers in 2024, saving customers over $6 million in fees. It was recently awarded the top global fintech for remittances into Pakistan.
Bank Alfalah said its equity investment and appointment to Jingle Pay’s board signal a robust partnership aimed at driving growth and innovation, and the collaboration leverages its extensive infrastructure to amplify Jingle Pay’s impact on cross-border payments and digital banking, advancing its ambitious vision for the Middle East and North Africa and Afghanistan and Pakistan (MENAP) region.
“This acquisition is a milestone in our journey to lead the digital banking revolution,” said Farooq A. Khan, Bank Alfalah’s group head for corporate, investment banking and international business.
“By combining Jingle Pay’s innovative platform with Bank Alfalah’s resources, we aim to redefine cross-border financial services and deliver exceptional value to millions of users.”
Pakistan, with a population of 240 million, is home to one of the world’s largest unbanked populations. Only 60 percent of its 137 million adult population, or 83 million adults, have a bank account, according to central bank estimates.
Jingle Pay plans to launch its digital banking services in Pakistan in the first quarter of 2025 as a branchless banking mobile app targeting to bring seamless and inclusive financial services to the country’s unbanked population.
The partnership aims to create synergies in cross-border payments strengthened by shareholder MoneyGram.
“Partnering with Bank Alfalah empowers us to scale our vision of inclusive finance,” Jingle Pay Chief Executive Officer Amir Fardghassemi was quoted as saying by Bank Alfalah.
“Together, we aim to enrich the digital economy and create transformative cross-border financial solutions.”


Pakistan to launch indigenous satellite to predict disasters, monitor resources on Jan. 17

Pakistan to launch indigenous satellite to predict disasters, monitor resources on Jan. 17
Updated 13 January 2025
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Pakistan to launch indigenous satellite to predict disasters, monitor resources on Jan. 17

Pakistan to launch indigenous satellite to predict disasters, monitor resources on Jan. 17
  • Electro-Optical (EO-1) satellite can provide timely updates on floods, landslides and earthquakes, says state media 
  • Satellite can also support conservation strategies by monitoring minerals, oil and gas fields, and glacier recession

ISLAMABAD: Pakistan’s national space agency announced on Monday that it would launch the country’s first indigenous Electro-Optical (EO-1) satellite on Jan. 17, state-run media reported, to help enhance monitoring of natural disasters and manage natural resources efficiently. 

The EO-1 satellite will be launched from China’s Jiuquan Satellite Launch Center, the state-run Associated Press of Pakistan (APP) reported. It added that its launch represents the Space and Upper Atmosphere Research Commission’s (SUPARCO) dedication and expertise in advancing Pakistan’s technological capabilities in space science.

The state media said the satellite will enhance the country’s ability to monitor and manage natural resources, predict and respond to natural disasters, support food security and drive economic growth through informed decision-making and sustainable development.

“The EO-1 satellite offers substantial benefits across various sectors in Pakistan,” APP said. “In agriculture, it will enable precision farming by monitoring crops, assessing irrigation needs, predicting yields and supporting food security initiatives.”

The report said that in urban development, the satellite can help in tracking infrastructure growth, managing urban sprawl and aiding city and regional planning efforts. 

“In environmental monitoring and disaster management, it will provide timely updates on floods, landslides, earthquakes, deforestation, and land erosion,” it added. 

The EO-1 satellite will also support extraction and conservation strategies for natural resources, such as the monitoring of minerals, oil and gas fields, glacier recession and water resources.

“The launch of the EO-1 satellite marks a momentous milestone in Pakistan’s space journey,” APP said. 

Pakistan has taken strides in its space research program in the past few months. In November 2024, SUPARCO announced its rover will join China’s Chang’E 8 mission to explore the moon’s surface in 2028.

In May 2024, Pakistan launched its first lunar satellite aboard China’s Chang’e-6 probe, which was tasked with landing on the far side of the moon that perpetually faces away from the Earth. China was the first country to make such an ambitious attempt.


Academy award winner Sharmeen Obaid-Chinoy launches YouTube film series on hate speech

Academy award winner Sharmeen Obaid-Chinoy launches YouTube film series on hate speech
Updated 13 January 2025
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Academy award winner Sharmeen Obaid-Chinoy launches YouTube film series on hate speech

Academy award winner Sharmeen Obaid-Chinoy launches YouTube film series on hate speech
  • ‘Facets of Hate Speech’ includes five films that will be released between Jan.13-17
  • Sharmeen has won two Oscars for films on acid violence survivors, honor killings

ISLAMABAD: Two-time Academy Award winner Sharmeen Obaid-Chinoy’s SOC Films has announced the launch of its latest campaign, “Facets of Hate Speech,” a YouTube series of five films that aim to spark a “new dialogue” around hate speech in Pakistan, with the first movie releasing today, Monday. 

The films feature activists, experts, and officials commenting on issues like cyber harassment, the backlash against Pakistan’s women’s rights movement and blasphemy laws, among other issues. 

“This campaign is a crucial step in confronting the grave threat of hate speech which has deeply woven itself into the fabric of Pakistani society— an alarming reality that challenges the future we envision for our country,” Obaid-Chinoy said in a statement.

“Hate speech fuels intolerance, discrimination, and violence. It silences dissent, undermines human rights, and jeopardizes the very foundation of a just and equitable society. Through this series, we aim to give voice to the victims of hate speech, amplify the voices of those working tirelessly to combat it, and inspire action for a more inclusive, and tolerant Pakistan.”

The first film in the series, releasing on Jan. 13, will delve into the rise of cyber harassment in Pakistan, focusing on its “devastating impact” on women and the urgent need for stronger legal protections and increased online safety measures.

Another film will examine the backlash faced by the Aurat March, a powerful women’s rights movement in Pakistan. The film will be released on Jan. 14. 

A third film will shed light on the “perilous landscape” surrounding blasphemy laws in Pakistan, focusing on the tragic case of Rashid Rehman, a lawyer murdered for defending an individual accused of blasphemy. 

“It explores the immense personal, legal, and societal challenges faced by defense lawyers in such sensitive cases and highlights the urgent need for reforms to protect human rights defenders,” the SOC press release said, saying the film would be out on Jan. 15. 

The last two films, releasing on Jan. 16 and 17 respectively, will focus on hate speech directed at the country’s transgender community and the “disturbing phenomenon of mob violence” in Pakistan.

“It delves into the tragic case of Priyantha Kumara, a Sri Lankan factory manager who was brutally lynched by a mob in Sialkot, and explore the root causes of this horrific incident, including the role of hate speech in inciting violence,” SOC said about the last film in the series.

Obaid-Chinoy is best known for winning an Oscar, Pakistan’s first, for her 2012 documentary ‘Saving Face,’ which focused on survivors of acid violence. In 2016, ‘A Girl in the River: The Price of Forgiveness,’ won Obaid-Chinoy a second Oscar for Best Documentary, Short Subject , at the 88th Academy Awards. 

In April 2023, Disney officially announced during the Star Wars Celebration convention that Obaid-Chinoy would direct the next film in the series, set 15 years after the events of The Rise of Skywalker, and with Daisy Ridley back as Rey.
 


PM Sharif orders probe as bomb blast in southwestern Pakistan kills 1

PM Sharif orders probe as bomb blast in southwestern Pakistan kills 1
Updated 13 January 2025
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PM Sharif orders probe as bomb blast in southwestern Pakistan kills 1

PM Sharif orders probe as bomb blast in southwestern Pakistan kills 1
  • Incident follows Jan. 4 blast near Turbat city that killed five paramilitary soldiers, injured over two dozen others
  • Mineral-rich Balochistan province, which shares borders with Iran and Afghanistan, has faced insurgency for decades

ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif on Monday ordered authorities to investigate a roadside bomb blast in the country’s southwestern Turbat city that killed one person, vowing to bring the culprits to book and continue the state’s war against militants. 

The incident follows the Jan. 4 blast near Turbat when at least five paramilitary soldiers were killed and over two dozen others injured after a vehicle-borne improvised explosive device targeted a bus carrying security personnel. 

Monday’s roadside bomb blast in Turbat killed one person, state broadcaster Radio Pakistan reported. No group has so far claimed responsibility for the incident. 

“Prime Minister Shehbaz Sharif condemns the roadside bomb blast in Turbat,” a statement from Sharif’s office said. “The prime minister has directed the incident be investigated.”

Sharif said those responsible for the blast should be immediately identified and punished. 

“We will continue the war against terrorism until Pakistan is cleansed of it,” Sharif said. “Those who carry out such terrorist activities are enemies of the development of Balochistan.”

Balochistan, a mineral-rich province sharing borders with Iran and Afghanistan, has faced an insurgency for decades, which has intensified in recent years. The Baloch separatists accuse the Pakistani state of exploiting the region’s resources without adequately benefiting its population. 

However, Pakistani governments deny the allegations, saying they have launched several development projects to promote prosperity and improve the lives of residents in the province.

The Balochistan Liberation Army (BLA), with a strong presence in Balochistan, has emerged as a major threat to the state, carrying out deadly attacks, including suicide bombings, to target Pakistani security forces. 

According to provincial administration data, Balochistan witnessed a dramatic surge in militant violence in 2024, resulting in about 300 deaths in over 550 attacks.


Pakistani fintech operator partners with UAE group to provide financial solutions in Emirates

Pakistani fintech operator partners with UAE group to provide financial solutions in Emirates
Updated 13 January 2025
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Pakistani fintech operator partners with UAE group to provide financial solutions in Emirates

Pakistani fintech operator partners with UAE group to provide financial solutions in Emirates
  • Partnership to help customers in United Arab Emirates access earned wages prior to scheduled payroll date
  • Move “significant step” in providing flexible financial solutions to unbanked individuals, says Pakistani fintech 

KARACHI: An emerging fintech operator in the Middle East and Pakistan, Abhi, announced on Monday it has partnered with UAE’s Al Ansari Financial Services to provide financial solutions to banked and unbanked communities in the UAE. 

Abhi is a Pakistani fintech company that provides employers an opportunity to withdraw their earned salary any day through its Earned Wage Access (EWA) facility and other products. Founded in 2021, Abhi has been serving customers in Pakistan, UAE and Bangladesh through its credit-bridging products. 

Al Ansari Financial Services is a UAE-based financial services ecosystem that enables the mobility of money locally and globally. For almost 60 years, the group says it has enabled tourists, residents and businesses to transfer and exchange money and conduct payments effectively.

“In a move set to reshape the financial landscape, Al Ansari Financial Services one of the leading integrated financial services groups in the UAE announces its strategic partnership with Abhi Middle East Limited, the region’s largest embedded finance platform backed by Hub71 and Abu Dhabi Investment Office (ADIO), to broaden the spectrum of financial solutions available to consumers, ensuring a seamless service experience across the board,” Abhi said in a statement. 

The alliance will provide EWA and Send Now, Pay Later (SNPL) services to complement Al Ansari Financial Services’ existing portfolio from the second quarter of this year, Abhi said. The alliance will help address the varied needs of both unbanked and underbanked communities in the UAE, it added. 

The statement said that the solutions would be gradually introduced across multiple platforms to ensure easy and convenient access for customers, allowing for a smooth integration and enhanced user experience of the financial services.

“Abhi, a pioneer in earned wage access and technology-driven financial solutions, will be providing a technology platform and operational framework that will enable Al Ansari Financial Services’ customers to access their earned wages prior to the scheduled payroll date, in addition to allowing the unbanked and underbanked customers to remit funds internationally instantly while deferring payment,” Abhi said. 

It said Al Ansari will identify eligible customers for both services. 

“This partnership aligns with our ongoing mission to enhance financial accessibility and provide flexible solutions that cater to diverse financial needs,” Mohammad Bitar, group deputy CEO of Al Ansari Financial Services, said in a statement. 

Omair Ansari, co-founder and CEO of Abhi Middle East Limited, said the partnership is a “significant step” in providing unbanked individuals with flexible financial solutions. 

“Through the introduction of Earned Wage Access and Send Now, Pay Later in the UAE, we aim to address real-world financial challenges, offering tools that empower individuals to take control of their finances,” Ansari said.