Two Pakistani startups win $100,000 each at Saudi accelerator showcase

Short Url
Updated 17 March 2022
Follow

Two Pakistani startups win $100,000 each at Saudi accelerator showcase

  • King Abdullah University of Science and Technology, Saudi British Bank reviewed 23 startups last week for $1.1 million grant
  • Among winners are Pakistan's Cubex, online marketplace for sea freight, and Autilent, which uses AI to prevent road accidents

KARACHI: Two Pakistani startups, Cubex and Autilent, are among eleven from around the world who have won funding out of a $1.1 million Saudi grant, the founders of the companies said on Wednesday.

Since its launch in 2016, more than 130 startups have graduated from TAQADAM. During that time, TAQADAM has given more than $10 million in non-dilutive funding to startup founders.

Last week, the King Abdullah University of Science and Technology (KAUST) and its partner, the Saudi British Bank (SABB), reviewed 23 startups during the annual TAQADAM Startup Accelerator Showcase for a $1.1 million grant.  

Among the startups chosen this year and which received $100,000 funding each are Cubex, an online marketplace for sea freight founded by Lahore-based Sheikh Ahsan Tariq and Wajiha Khalid Paracha, and Autilent, a startup by Karachi-based university graduates that uses computer vision (AI) to prevent traffic accidents.




Shaikh Ahsan Tariq, founder and Chief Executive Office of Cubex, a Pakistani startup that won a $100,000 grant at the TAQADAM Startup Accelerator Showcase, poses with his prize at Thuwal, Saudi Arabia, on March 10, 2022 (Photo courtesy: Shaikh Ahsan Tariq)

Cubex Tariq said his online marketplace, which connects freight forwarders with shippers in real time, had done $4,000,000 in revenue since 2020 and had 3,900 customers from 82 countries.

“We are targeting the global freight forwarding industry and currently have offices in UAE, Pakistan, USA, Oman,” Tariq told Arab News, adding that the startup would be launching in the Saudi market next month with offices in Riyadh and Jeddah.

Cubex has previously won the Global Ocean Innovation Award by the World Economic Forum in 2020, the Maritime Innovation Award by the United Nations Conference on Trade and Development in 2021 and the Aviatrix Award at LEAP Conference, Riyadh, 2022.

Tariq said collaboration between the Saudi and Pakistani startup ecosystems was "very important" to help generate future unicorns from this region.  

“This is the start of a new era of innovation. The Saudi government has opened doors for the world to come up with innovative ideas and build successful companies,” he said.

Another Pakistani startup, Autlient, was selected as the People’s Choice Recipient at last week's accelerator showcase and will also receive $100,000 in funding.




Abdul Muqsit Abbasi, chief executive officer of Autlient, with co-founder Muhammad Ibrahim Chippa (center) and Shareefa Kutbi, a Saudi partner at Autilent (left), at a TAQADAM Startup Accelerator Showcase event at Thuwal, Saudi Arabia, on March 10, 2022 (Photo courtesy: KAUST Innovation)

“There were going to be 11 winners out of 23, and each would get $ 100,000,” co-founder Asad Anwer told Arab News. “All hopes were gone by the tenth name. I was crying, but Alhamdulillah, our name was announced at the eleventh number.”

Anwar said his team conceived the idea of the startup because road accidents, which take 1.35 million lives annually and cause losses of $120 billion, were preventable.

“We, at Autilent, are leveraging the technology of AI to prevent these human errors,” said another co-founder Manal Farooq, “to save precious human lives and valuable assets.”


Pakistan offers support as Afghanistan earthquake kills over 800, injures 2,500

Updated 6 sec ago
Follow

Pakistan offers support as Afghanistan earthquake kills over 800, injures 2,500

  • Magnitude 6 earthquake on Sunday night causes devastation in Afghanistan’s Kunar and Nangarhar provinces
  • Afghanistan is prone to deadly earthquakes, with one in June 2022 killing at least 1,000 people across country

ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif offered support to Afghanistan on Monday as it reels from one of its deadliest earthquakes, which officials say have killed over 800 people and wounded more than 2,500. 

The magnitude 6 earthquake killed at least 800 people and injured over 2,500 in Afghanistan’s eastern provinces of Kunar and Nangarhar when it took place on Sunday night, Afghan government spokesman Mawlawi Zabihullah Mujahid said. The jolts were felt in several areas of northwestern Pakistan on Sunday night, including the country’s capital Islamabad. However, Pakistan did not report any loss of lives from the calamity. 

“On behalf of the people and government of Pakistan, I extend my heartfelt condolences & prayers to the bereaved families,” Sharif wrote on social media platform X. “We stand in solidarity with our Afghan brothers & sisters in this hour of grief, and we are ready to extend all possible support in this regard.”

The earthquake leveled homes of mud and stone in Afghanistan’s areas bordering Pakistan’s Khyber Pakhtunkhwa province. The quake was Afghanistan’s deadliest since June 2022, when tremors of magnitude 6.1 killed at least 1,000 people in the country. 

The devastation also prompted UN Secretary General António Guterres to offer support to Afghanistan. 

“The UN team in Afghanistan is mobilized and will spare no effort to assist those in need in the affected areas,” Guterres wrote on X. 

Afghanistan is prone to deadly earthquakes, particularly in the Hindu Kush mountain range, where the Indian and Eurasian tectonic plates meet.

A series of earthquakes in its western region killed more than 1,000 people last year, underscoring the vulnerability of one of the world’s poorest countries to natural disasters.

There are fears that the disaster will further stretch the resources of the country, which is already grappling with humanitarian crises, from a sharp drop in aid to a huge pushback of its citizens from neighboring countries Pakistan and Iran. 


At SCO summit, Pakistan urges immediate halt to Gaza war, reaffirms two-state solution

Updated 21 min 33 sec ago
Follow

At SCO summit, Pakistan urges immediate halt to Gaza war, reaffirms two-state solution

  • Israel has killed at least 63,000 Palestinians in Gaza since it began military operations there almost two years ago
  • Pakistan PM says suffering and starvation unfolding in Gaza a “festering wound” on the world’s collective conscience

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday called for the immediate halt of Israel’s military hostilities in Gaza, reiterating Islamabad’s stance of supporting a two-state solution to the Middle East crisis at the regional Shanghai Cooperation Organization (SCO) summit in China.

Sharif’s statement at the 25th Council of Heads of State summit of the Shanghai Cooperation Organization (SCO) in Tianjin came as Israel pushes ahead with the initial stages of a new military offensive in Gaza. At least 63,000 Palestinians have been killed by the Israeli military in Gaza since Oct. 7, 2023, as per the Gaza Health Ministry. 

“We reiterate our call for an immediate end to this gruesome violence and heart wrenching bloodshed in Gaza,” Sharif said. “Pakistan has consistently supported the UN-mandated two-state solution that is the creation of an independent state of Palestine with pre-1967 borders and Al-Quds Al-Sharif as its capital.”

Israeli restrictions on the entry of supplies into Gaza since Israel began its military operations there nearly two years ago have led to shortages of food and essential supplies, including medicine and fuel, which hospitals require to power their generators.

A global hunger monitor said last month that Gaza and its surrounding areas are officially suffering from famine, adding that it will likely spread. The Integrated Food Security Phase Classification system said 514,000 people — nearly a quarter of Palestinians in Gaza — are experiencing famine and that is due to rise to 641,000 by the end of September.

“The suffering and starvation unfolding in Gaza is a festering wound on our collective conscience,” Sharif said. 

Pakistan, as well as other countries around the world, have increased calls for Israel to desist from its military operations in Gaza after Israel’s government approved a plan last month to take over the territory. 


Pakistani politician arrives in Tunisia to sail with global flotilla seeking to break Gaza blockade

Updated 01 September 2025
Follow

Pakistani politician arrives in Tunisia to sail with global flotilla seeking to break Gaza blockade

  • Mushtaq Ahmad Khan is part of global Sumud flotilla, comprising over 100 ships carrying food, water and humanitarian supplies for Gaza
  • Flotilla, deemed as largest civilian maritime mission for Gaza, features climate activist Greta Thunberg, Hollywood actress Susan Sarandon

ISLAMABAD: Former Pakistani senator Mushtaq Ahmad Khan arrived in Tunisia on Sunday to set sail with a global flotilla seeking to break Israel's blockade of Gaza, amid fears of starvation and disease becoming widespread in the Palestinian territory.

The fleet of more than 100 vessels, which will converge in the Mediterranean, brings together four regional alliances: Sumud Nusantara from Asia, Sumud Maghrib from Africa, the Global March to Gaza from the Middle East and the Freedom Flotilla Coalition from Europe. Swedish climate campaigner Greta Thunberg and Hollywood actress Susan Sarandon, who are part of the flotilla, left Barcelona on Sunday vowing to try to "break the illegal siege of Gaza."

Khan, affiliated with the Pakistani Jamaat-e-Islami religious party, earlier said he would be part of the Global Sumud Flotilla, which is deemed as the largest civilian maritime mission ever assembled for Gaza. Training for the voyage will be held in Tunisia from Sept. 1 to 3, after which Khan and others will set sail on Sept. 4. The cargo will consist of food, water and medicine.

"From this very [Tunisian] port and on these very ships, we will break the Gaza blockade," Khan said in a video message he posted on social media platform X on Sunday, carrying a large flag of Pakistan atop a ship.

Khan urged the people to pay their part in supporting the flotilla by highlighting its activities on social media and protesting against Israel's military offensive in Gaza. 

The development takes place as Israel intensifies its military offensive in Gaza, limiting the deliveries of food and basic supplies there. The move has earned the ire of several countries around the world, including Pakistan, who have demanded Israel lift the blockade and allow medicines and food to reach the people. Food experts warned in August that Gaza was in famine and that half a million people across the territory were facing catastrophic levels of hunger.

The Sumud flotilla will be the fourth attempt to break Israel's maritime blockade so far this year. In June this year, Thunberg sailed from Sicily with humanitarian supplies on another Freedom Flotilla vessel, the Madleen, which was intercepted and seized by Israeli forces in international waters.

In a statement last week, Khan had said he and other participants of the flotilla were prepared for the risks. He recalled blockades of and attacks on past flotillas, including a deadly 2010 raid on the Turkish ship Mavi Marmara that left 10 activists dead.

Israel's war on Gaza has killed more than 63,000 people, with at least 332 Palestinians dying of malnutrition, including 124 children, according to the Gaza Health Ministry.


Strong quake in eastern Afghanistan near Pakistan border kills at least 250, injures 500

Updated 01 September 2025
Follow

Strong quake in eastern Afghanistan near Pakistan border kills at least 250, injures 500

  • Magnitude 6 quake hit a series of towns in Kunar province late Sunday, near the city of Jalalabad
  • Tremors were felt in northwestern Pakistan on Sunday, which reported no casualties from the quake

KABUL, Afghanistan: A strong earthquake in eastern Afghanistan near the Pakistan border has killed at least 250 people and injured at least 500 others, officials said.

The quake late Sunday hit a series of towns in the province of Kunar, near the city of Jalalabad in neighboring Nangahar province. The 6.0 magnitude at 11:47 p.m. was centered 27 kilometers (17 miles) east-northeast of the city of Jalalabad in Nangarhar province, the US Geological Survey said. It was just 8 kilometers (5 miles) deep. Shallower quakes tend to cause more damage.

The Kunar Disaster Management Authority said in a statement that at least 250 people were killed and 500 others injured in the districts of Nur Gul, Soki, Watpur, Manogi and Chapadare.

Jalalabad is a bustling trade city due to its proximity with neighboring Pakistan and a key border crossing between the countries. Although it has a population of about 300,000 according to the municipality, it’s metropolitan area is thought to be far larger. Most of its buildings are low-rise constructions, mostly of concrete and brick, and its outlying areas include homes built of mud bricks and wood. Many are of poor construction.

Jalalabad also has considerable agriculture and farming, including citrus fruit and rice, with the Kabul River flowing through the city.

A magnitude 6.3 earthquake struck Afghanistan on Oct. 7, 2023, followed by strong aftershocks. The Taliban government estimated at least 4,000 people perished.

The UN gave a far lower death toll of about 1,500. It was the deadliest natural disaster to strike Afghanistan in recent memory.


India dam releases raise fresh flood risk in Pakistan’s Punjab as 33 killed in a week

Updated 01 September 2025
Follow

India dam releases raise fresh flood risk in Pakistan’s Punjab as 33 killed in a week

  • Authorities warn of “high flood” in Sutlej as India releases water from near-full dams
  • Pakistan says 2 million displaced in Punjab, 500,000 livestock evacuated to safety

ISLAMABAD: Indian dam releases and heavy monsoon rains have raised the risk of major flooding in Pakistan’s eastern Punjab province, where at least 33 people have died and 2 million have been displaced since last week, officials said on Monday.

Punjab, Pakistan’s most populous province and the country’s agricultural heartland, has been inundated by abnormally high monsoon downpours compounded by excess water flowing in from neighboring India. Nationwide, the seasonal rains and floods have killed 854 people since June 26.

“All relevant departments are on alert due to water being released into the Chenab by India,” Irfan Ali Kathia, director general of the Provincial Disaster Management Authority (PDMA) Punjab, told reporters. “Punjab is monitoring the situation in the rivers round the clock.”

Kathia said the province was mounting the “largest rescue and relief operation” in its history, with food and basic necessities being provided to displaced families.

Punjab Relief Commissioner Nabeel Javed said 506 relief and 352 medical camps had been established in affected areas. More than 17,000 people have received health care, he added, while over 500,000 head of livestock had been shifted to safer locations.

Kathia said a flood wave in the Chenab was moving toward Trimmu Headworks, with flows expected to rise from 479,000 to 700,000 cusecs by Monday evening.

He warned of an “extremely high flood level” at Balloki on the Ravi river, where flows had already surged to 168,000 cusecs. The Sutlej was flowing at 253,000 cusecs, while at Panjnad, the confluence of Punjab’s five rivers, water levels were expected to reach around one million cusecs between Sept. 2–3.

Separately, Pakistan’s commissioner for Indus Waters circulated a letter to government departments citing an Indian High Commission warning of possible “high flood” levels at Harike and Ferozepur on the Sutlej. 

India routinely releases excess water from its reservoirs when they reach capacity, under arrangements governed by the Indus Waters Treaty.

CLIMATE EMERGENCY

Pakistan, ranked among the world’s most climate-vulnerable countries, has experienced increasingly frequent and erratic weather events in recent years, including heat waves, untimely rains, cyclones and droughts.

Lt. Gen. Inam Haider Malik, chairman of the National Disaster Management Authority (NDMA), said Sunday that Pakistan was in a state of climate emergency, with “major natural hazards hitting every two months” and now posing a grave national security threat.

“After every two months, Pakistan is facing a big disaster … and unfortunately this is a part of reality,” Malik told reporters, warning that climate change would intensify in coming years and calling it a “national security” issue for the country. 

The current flooding has revived memories of the catastrophic 2022 deluge, when a third of Pakistan was submerged, more than 1,700 people were killed, 30 million displaced and damages estimated at $35 billion.