JEDDAH: Pakistan and Saudi Arabia signed memorandum of understanding (MoU) to work together in sector of information technology (IT).

MoU has been signed by caretaker Minister of IT and Telecom Umar Saif and Saudi Arabia’s Minister of Communications and Information Technology Abdullah A Al-Sawahah in Riyadh.

“Pakistan has signed MoU with Ministry of Communication and IT in Saudia. This will facilitate Pakistani companies to work in KSA, provide trained IT manpower to Saudi companies, promote joint ventures with Saudi companies and establish startup exchange program with top Saudi tech incubators,” Umar Saif wrote on X.

He said, “Strategically, we will work on establishing close cooperation to set up chip manufacturing industry in Pakistan and work on electric vehicles, lithium ion batteries, agriculture technology and mining technologies”. He along with delegation expressed hope that visit would result in investments in country and big business for Pakistani IT companies in Saudi Arabia.

Meanwhile, he also met with Digital Cooperation Organisation Secretary General Deemah AlYahya. Saif was of view that DCO was uniquely positioned to help Pakistani companies expand their operations in several Gulf Cooperation Council countries.

Published in The Daily National Courier, October, 02 2023

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