Pakistan's top ERP player secures landmark investment at LEAP 2024

MG News | March 07, 2024 at 03:32 PM GMT+05:00

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March 07, 2024 (MLN): 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 the 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).

The third edition of the LEAP conference and exhibition, a beacon for cutting-edge technology, artificial intelligence (AI) initiatives, and innovations, was held in Riyadh from March 04-07.

Key discussions with the Ministry of Communication and Information Technology (MCIT) underscored the potential for bilateral collaboration and highlighted Pakistan's capability to meet the diverse needs of KSA's evolving economy.

Furthermore, meetings with ELM explored collaborative possibilities in acceleration centers and future projects, while discussions with SDAIA focused on potential collaborations and partnerships in artificial intelligence.

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