Jazz, TenX forge partnership to elevate Pakistan's tech status

News Image

MG News | March 07, 2024 at 03:29 PM GMT+05:00

0:00

March 07, 2024 (MLN): Further strengthening Pakistan's presence on the global tech stage, a significant partnership has been forged between Jazz, Pakistan's premier digital operator, and TenX, an acclaimed global consultancy.

This collaboration aims to revolutionize data management through Enterprise Feature Store (EFS) and Predictive AI Models. 

The Pakistani contingent stood out with remarkable achievements at the premier tech event LEAP 2024 in Riyadh, Saudi Arabia, witnessing the signing of multiple deals and partnership agreements between Pakistani companies and their global counterparts.

This premier event boasts a gathering of over 1,800 local and international exhibitors, approximately 1,000 technical experts, and 600 startups.

Among the standout achievements, Pakistan's leading ERP company has secured a transformative equity partnership with Saudi and Pakistani investors at the Tech destination Pakistan pavilion, a collaborative effort organized by Pakistan Software Export Board (PSEB) and TDAP at LEAP 2024.

This landmark investment not only signifies a pivotal moment for Pakistan's IT industry but also underscores Saudi Arabia's role as a global advocate for Pakistan's technological capabilities, as remarked by Ahmed Farooq, Pakistan's Ambassador to the Kingdom of Saudi Arabia (KSA).

Additionally, Abacus and ELM have solidified their commitment to innovation by officially signing a Memorandum of Understanding (MoU), laying the groundwork for future synergies.

P@SHA, in a historic move, has signed its largest MoU to date during this mega event. The focus of this collaboration is on fostering cooperation and enhancing business-to-business engagement with the IT Association of Bahrain.

Furthering the spirit of collaboration, Inbox Technologies has entered into a partnership deal with Saudi Arabia's GISSAN, showcasing the strength of cross-border cooperation in driving technological advancement.

The CEO of PSEB Aisha Humera Moriani held pivotal meetings with high-ranking officials from the Kingdom of Saudi Arabia (KSA), paving the way for future collaborations.

Building on previous engagements with DCO, connections were strengthened to explore opportunities for expanding business in DCO member states.

Speaking to the media, Aisha Moriani, CEO of the Pakistan Software Export Board, highlighted the significant impact of Pakistan's participation in LEAP, with last year witnessing a remarkable 60% growth in IT trade with KSA.

This year's participation, featuring over 70 companies and 800 delegates, holds even greater potential, reflecting Pakistan's robust presence in the global tech landscape.

The success and momentum generated at LEAP 2024 reinforce Pakistan's position as a key player in the global tech ecosystem, fostering innovation, collaboration, and growth.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,592.62
56.60M
0.48%
652.74
ALLSHR 84,873.72
128.94M
0.32%
273.34
KSE30 41,617.11
17.81M
0.59%
243.43
KMI30 191,066.29
15.13M
-0.00%
-3.68
KMIALLSHR 55,757.75
55.79M
0.04%
19.68
BKTi 38,308.06
5.91M
-0.47%
-181.69
OGTi 27,788.63
1.13M
0.00%
0.49
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,770.00 118,465.00
117,255.00
1030.00
0.88%
BRENT CRUDE 68.83 69.09
68.81
0.12
0.17%
RICHARDS BAY COAL MONTHLY 96.50 96.50
96.50
0.50
0.52%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.25
-2.05
-1.92%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.75 67.00
66.73
0.23
0.35%
SUGAR #11 WORLD 16.56 16.61
16.25
0.26
1.60%

Chart of the Day


Latest News
July 16, 2025 at 10:17 AM GMT+05:00

FBR moves to combat cigarette smuggling


July 16, 2025 at 10:14 AM GMT+05:00

KAPCO shareholders approve Rs800m Gas Turbine sale


July 16, 2025 at 09:55 AM GMT+05:00

NBP issues foreign exchange rates


July 16, 2025 at 09:47 AM GMT+05:00

Asia markets mixed amid U.S.-Indonesia trade deal



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg