The Pakistani delegation has showcased outstanding achievements at the prestigious LEAP 2024 event held in Riyadh, Saudi Arabia, marking a significant milestone for the country’s tech industry. Multiple deals and partnership agreements were signed between Pakistani companies and their global counterparts, amplifying Pakistan’s footprint in the global tech arena.
The third edition of LEAP, renowned for its focus on cutting-edge technology and artificial intelligence initiatives, gathered over 1,800 local and international exhibitors, alongside approximately 1,000 technical experts and 600 startups.
One of the standout achievements was the partnership between Pakistan’s leading ERP company and Saudi and Pakistani investors, solidifying a transformative equity partnership at the TechdestiNation Pakistan pavilion. This landmark investment not only signals a crucial moment for Pakistan’s IT industry but also underscores Saudi Arabia’s support for Pakistan’s technological capabilities.
Moreover, Jazz, Pakistan’s premier digital operator, joined hands with TenX, a global consultancy, aiming to revolutionize data management through Enterprise Feature Store and Predictive AI Models. Additionally, Abacus and ELM cemented their commitment to innovation by signing a Memorandum of Understanding (MoU), paving the way for future synergies.
In a historic move, P@SHA signed its largest MoU to date during the event, focusing on enhancing business-to-business engagement with Bahrain’s IT association. Furthering cross-border cooperation, Inbox Technologies partnered with Saudi Arabia’s GISSAN, showcasing the strength of collaboration in driving technological advancement.
The CEO of Pakistan Software Export Board, Ms. Aisha Humera Moriani, held crucial meetings with high-ranking officials from Saudi Arabia, exploring opportunities for future collaborations. Key discussions with the Ministry of Communication and Information Technology highlighted Pakistan’s capability to meet the diverse needs of Saudi Arabia’s evolving economy.
Speaking to the media, Ms. Moriani emphasized the significant impact of Pakistan’s participation in LEAP, with last year witnessing a remarkable 60% growth in IT trade with Saudi Arabia. With over 70 companies and 800 delegates participating this year, Pakistan’s robust presence at LEAP 2024 reinforces its position as a key player in the global tech ecosystem, fostering innovation, collaboration, and growth.