SYS explores Saudi investment avenues in Pakistan's IT sector

News Image

By MG News | May 07, 2024 at 09:29 AM GMT+05:00

0:00

May 07, 2024 (MLN): To unlock new pathways for Saudi investment in Pakistan's rapidly growing IT industry, Asif Peer, CEO & MD of Systems Limited (PSX: SYS) is engaged in insightful discourse with Ibrahim Almubarak, Deputy Investment Minister of the Kingdom of Saudi Arabia.

The meeting, which also included Ahmad Farooq, Ambassador of Pakistan to the Kingdom of Saudi Arabia, focused on deepening the trade connections between Pakistan and Saudi Arabia.

The discussions were particularly forward-looking, with an emphasis on expanding collaborative ventures within the IT sector.

This initiative is poised to unlock new pathways for Saudi investment in Pakistan's rapidly growing IT industry, potentially catalyzing job creation, skill enhancement, and substantial improvements in digital infrastructure.

A highlight of the conversation was the role of Systems Arabia in spearheading digital progress.

This engagement sets the stage for a transformative partnership in the IT domain, promising economic and technological benefits.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,385.00 110,525.00
109,125.00
-1030.00
-0.93%
BRENT CRUDE 68.40 68.89
67.75
-0.40
-0.58%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 108.45 0.00
0.00
0.25
0.23%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.63 67.18
66.04
-0.37
-0.55%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 04, 2025 at 05:21 PM GMT+05:00

PSX Closing Bell: Singin’ in the Rain


July 04, 2025 at 04:58 PM GMT+05:00

Pakistan, Azerbaijan vow to deepen economic ties


July 04, 2025 at 04:40 PM GMT+05:00

PKR falls 10 paisa against USD


July 04, 2025 at 04:27 PM GMT+05:00

UDPL attributes filing delay to internal issues



Top 5 things to watch in this week

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