Pakistan to send IT firms to Saudi Arabia quarterly

News Image

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

0:00

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 157,511.41
100.50M
0.85%
1333.59
ALLSHR 96,345.03
283.53M
0.75%
714.64
KSE30 48,078.92
91.87M
0.84%
400.45
KMI30 232,050.16
39.19M
1.03%
2367.94
KMIALLSHR 64,869.46
106.32M
0.78%
502.70
BKTi 42,363.01
62.86M
1.05%
440.21
OGTi 31,813.64
5.42M
0.25%
77.85
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,755.00 118,295.00
116,115.00
1930.00
1.67%
BRENT CRUDE 67.78 68.01
67.50
-0.17
-0.25%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.50 93.50
93.50
0.15
0.16%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.51 63.82
63.24
-0.54
-0.84%
SUGAR #11 WORLD 16.23 16.59
16.23
-0.33
-1.99%

Chart of the Day


Latest News
September 18, 2025 at 09:27 AM GMT+05:00

NBP issues foreign exchange rates


September 18, 2025 at 09:16 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market



Top 5 things to watch in this week

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