Pakistan to send IT firms to Saudi Arabia quarterly

News Image

MG News | February 13, 2025 at 10:41 AM GMT+05:00

February 13, 2025 (MLN): In a significant move to boost digital cooperation between Pakistan and Saudi Arabia, Minister of State for Information Technology and Telecommunication, Shaza Fatima Khawaja, unveiled an initiative to send five Pakistani IT and tech companies to Saudi Arabia every three months.

The initiative aims to integrate Pakistani firms into Saudi Arabia’s advanced digital ecosystem, fostering cross-border business partnerships and innovation.

The announcement came during a high-level meeting between H.E. Shaza Fatima Khawaja and Saudi Minister of Communications and Information Technology, H.E. Abdullah Alsawaha, where both leaders explored strategies to enhance digital cooperation.

They emphasized the role of technology in driving economic growth and underscored the importance of joint efforts in promoting innovation, entrepreneurship, and sustainable development, as per the press release.

Welcoming the initiative, Minister Alsawaha pledged to strengthen collaboration further, stating, “We will work to double or even triple this cooperation to ensure both countries gain maximum benefits.”

Beyond business partnerships, discussions also focused on fostering startups, advancing technology transfer, and launching capacity-building programs.

These initiatives are expected to accelerate digital growth in both countries, paving the way for economic progress and regional technological leadership.

The meeting marks a significant milestone in Pakistan-Saudi Arabia’s digital relations, setting the stage for deeper collaboration, increased investment, and greater innovation in the IT sector.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,441.91
152.07M
-0.68%
-1138.50
ALLSHR 101,272.49
364.18M
-0.66%
-673.69
KSE30 49,983.86
80.24M
-0.80%
-405.13
KMI30 240,418.15
75.57M
-0.60%
-1444.30
KMIALLSHR 65,553.86
231.48M
-0.61%
-404.88
BKTi 46,509.81
8.96M
-0.76%
-358.23
OGTi 34,065.97
3.89M
-1.32%
-454.13
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 81,945.00 82,010.00
81,755.00
-5.00
-0.01%
BRENT CRUDE 104.13 105.92
100.76
3.93
3.92%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
1.40
1.10%
ROTTERDAM COAL MONTHLY 143.85 146.10
143.85
0.40
0.28%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 91.04 91.37
90.93
-0.45
-0.49%
SUGAR #11 WORLD 20.19 21.03
20.09
-0.64
-3.07%

Chart of the Day


Latest News
October 08, 2026 at 11:10 PM GMT+05:00

Petrol price jumps Rs2.31, HSD rises Rs0.78 from Oct 9


October 08, 2026 at 08:13 PM GMT+05:00

SBP reserves rise $15m to $21bn


October 08, 2026 at 07:50 PM GMT+05:00

SCRA balance climbs Rs2bn to nearly Rs30bn


October 08, 2026 at 04:43 PM GMT+05:00

SECP, CCRA finalize regulatory framework for cannabis sector



Top 5 things to watch in this week

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