Pakistan-Saudi Digital Partnership Thrives at LEAP 2025, Boosting AI and Tech Investments

February 10, 2025
Pakistan-Saudi Digital Partnership Thrives at LEAP 2025, Boosting AI and Tech Investments
  • At the LEAP 2025 event in Riyadh, Pakistan and Saudi Arabia are advancing their digital and economic partnership, focusing on innovation and investment in technology sectors.

  • State Minister Shaza Fatima Khawaja emphasized the importance of data privacy and security in AI systems, advocating for global collaboration to establish responsible governance models.

  • The event serves as a significant platform for exploring business opportunities and promoting diverse IT exports, including AI, blockchain, and fintech.

  • To facilitate this partnership, the Ministry of Investment of Saudi Arabia has set up a help desk to assist over 100 Pakistani companies with business registration.

  • Discussions at the event included simplifying licensing and registration processes for Pakistani firms looking to enter the Saudi market.

  • The success of Pakistani IT firms is credited to collaborative efforts from various organizations, which have fostered a favorable business environment.

  • Muhammad Umair Nizam from P@SHA noted a surge in international interest in Pakistani IT firms, resulting in several finalized agreements during the conference.

  • LEAP is viewed as a gateway for Pakistani companies to expand their presence in the Middle East market.

  • Saad Shah, CEO of Hexalyze, highlighted lucrative opportunities in sectors like AI, fintech, and smart city solutions in Saudi Arabia.

  • Khawaja described the current moment as a 'golden opportunity' for digital investments and technological collaborations between Pakistan and Saudi Arabia.

  • She stated that strong digital economic cooperation would significantly contribute to regional growth and innovation.

  • The event not only aims to sign MoUs but also focuses on securing genuine economic growth through strategic agreements.

Summary based on 20 sources


Get a daily email with more Tech stories

Sources



Pakistan  KSA to boost digital  AI collaboration

The Express Tribune • Feb 10, 2025

Pakistan KSA to boost digital AI collaboration

Over 100 Pak IT firms participate in LEAP 2025

The News International • Feb 11, 2025

Over 100 Pak IT firms participate in LEAP 2025

More Stories