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Huawei Hosts Digital Economy Forum Highlighting AI Driven Global Transformation

Huawei hosted the fourth Digital Economy Development Forum during the Mobile World Congress in Barcelona, bringing together policymakers, technology experts and industry representatives from multiple regions to discuss the future of the digital economy in the era of artificial intelligence. The event gathered nearly one hundred digital strategy leaders and industry stakeholders from Asia Pacific, the Middle East and Africa to exchange ideas on how emerging technologies are reshaping global economic systems. Discussions at the forum focused on the growing role of artificial intelligence in economic development and how governments and industries can adapt to the rapid transformation driven by digital technologies. Participants emphasized that the digital economy is evolving beyond traditional connectivity and data driven services toward a new phase where artificial intelligence plays a central role in decision making and economic value creation.

Huawei executive board member David Wang opened the forum by highlighting the accelerating pace of artificial intelligence adoption worldwide. According to industry projections artificial intelligence could contribute more than twenty two trillion dollars to the global economy by the end of the decade. Wang said the rapid development of AI technologies is transforming industries and creating new opportunities for innovation across sectors ranging from manufacturing and finance to transportation and healthcare. He noted that the global digital economy is entering a new stage where advanced technologies are reshaping value chains and changing how organizations generate economic value. In this environment governments and industries must work together to ensure that digital transformation supports sustainable economic growth.

During his remarks Wang identified three key priorities that he believes are essential for the continued expansion of the global digital economy. The first is the development of supportive policy frameworks that encourage innovation and enable closer integration between digital technologies and traditional industries. The second priority involves building advanced infrastructure capable of supporting large scale digital applications including high speed connectivity, computing power and energy efficient data systems. The third focus area is the development of a strong talent ecosystem that prepares the workforce for the demands of the digital economy. He emphasized that investment in digital skills and technology education will play a crucial role in ensuring long term economic competitiveness in the age of artificial intelligence.

Experts speaking at the forum also stressed the importance of digital infrastructure in supporting the growth of artificial intelligence technologies. Industry leaders highlighted that modern digital economies require reliable networks, advanced computing capabilities and sustainable data centers capable of handling large volumes of data. Building these systems will help ensure faster data transmission and reduce barriers that can slow technological innovation. Participants noted that improving digital infrastructure can also support the development of new industries and enhance productivity across existing sectors.

Academics and technology specialists attending the forum emphasized that data has become one of the most important economic resources in the modern digital economy. They argued that the full value of data can only be realized when countries develop systems that efficiently manage data generation, transmission, storage and application. The forum concluded with a shared understanding that nations must design digital strategies tailored to their own economic conditions in order to successfully integrate artificial intelligence and other advanced technologies into their development plans.

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Maryam Nawaz Launches Rs50 Million Pink Salt Loan Scheme

Punjab Chief Minister Maryam Nawaz has digitally inaugurated the Pink Salt Value Addition Financing Scheme. A 110-acre mineral processing zone will be established near Quaidabad, where more than 200 units are planned. Investment of Rs150 million is expected to be attracted, while 10,000 direct jobs could be created. Interest-free loans of Rs5 million to Rs50 million will be offered for processing, refining, packaging, machinery and export-standard technology. Annual foreign exchange earnings of up to $300 million are being targeted.

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Mohammad Nadeem Khan Takes Charge as PTCL Chief Executive

Mohammad Nadeem Khan has been appointed chief executive of PTCL after serving 14 days as interim CEO. The appointment was disclosed to the Pakistan Stock Exchange. Khan, a Chartered Accountant, has been associated with the PTCL Group for over two decades and previously served as Ufone CFO and PTCL Group CFO. Major financial transformations, including the Telenor Pakistan acquisition, were overseen during his leadership.

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Former Ethiopian Airlines CEO Shortlisted for PIA Top Job

Pakistan International Airlines Corp has reportedly shortlisted Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, for the top role at the newly privatised carrier. The appointment is expected to be officially announced by Sunday, according to media reports. During Tewolde’s leadership, Ethiopian Airlines was transformed into Africa’s largest carrier, with Addis Ababa being developed as a major transit hub connecting cities across the continent.

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