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According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
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NetSol Technologies was founded as Network Solutions in 1996 by Najeeb Ghauri, a Pakistani-born American executive with a background in corporate sector, and Salim Ghauri who worked as an IT consultant in Australia. [5] [6] [7] NetSol was listed on NASDAQ in 1999. [8] It is also listed on the Pakistan Stock Exchange. [9]
In September 2021, the share price of Systems Ltd reached Rs. 740.93 and the company's market value became Rs. 102 billion, making Systems Ltd the first Pakistani IT company to cross-market value of PKR 100 billion. [11] In Aug 2022, Systems Limited created a new subsidiary in Johannesburg, South Africa, as part of its ongoing global expansion.
Founded in 1989 in Pakistan by Bakhtiar Wain as Innovative Automation and Engineering Ltd (IAEL), the company's majority stakes was acquired by Engro Corporation which merged it with Advanced Automation Associates (AAA) to eventually rebrand it as Avanceon. [5] Avanceon was converted to a public company in 2008. [6]
Axact was founded by Shoaib Ahmed Shaikh, who serves as its chairman.It is based in Karachi, and has over 2,000 employees. [2] According to Shaikh, the company was founded in 1997 with fewer than 10 employees working in a single room.
TPS Pakistan's two founders, Mohammad Sohail and Mubashir Rahim, completed their higher education in engineering in the United States. After gaining experience at NCR Corporation, a software and electronics company specialised in computer servers and ATMs, [1] they returned to Pakistan in the early 1990s. In Karachi, they established their own ...
Wateen Telecom (Urdu: وطین ٹیلی کام) is a converged communication services provider based in Lahore, Pakistan, and was a sister concern of Warid Telecom.The company was incorporated in 2005 and began its operations in 2007 with the deployment of the largest fibre optic network in the country.