Pakistan and Saudi Arabia have agreed to boost digital investment and technology collaboration, creating greater market access for Pakistani startups and SMEs in the Kingdom.
The agreement was finalized during a meeting between Pakistan’s Minister of State for IT, Shaza Fatima Khawaja, and Saudi Deputy Investment Minister, Ibrahim Almubarak, held on the sidelines of LEAP 2025, the region’s premier tech conference.
Expanding Opportunities for Pakistan Startups in Saudi Arabia
The discussions focused on enhancing business-to-business (B2B) partnerships in high-growth sectors such as:
- Artificial Intelligence (AI)
- Cloud Computing
- Financial Technology (FinTech)
Shaza Fatima highlighted Pakistan’s commitment to fostering a business-friendly digital ecosystem to attract global investors and create new opportunities for local entrepreneurs.
đź’¬ Shaza Fatima Khawaja, Minister of State for IT:
“Strengthening digital cooperation with Saudi Arabia will not only open doors for Pakistani businesses but also drive regional economic growth and technological progress.”
Saudi Arabia and its Interest in Pakistan Tech Talent
Saudi officials recognized Pakistan’s skilled workforce and technological advancements, emphasizing the potential for cross-border venture capital investments. By facilitating investment in Pakistani startups, both countries aim to build global opportunities and accelerate digital transformation in the region.
Simplifying Market Entry & Strengthening R&D
To make it easier for Pakistani firms to enter Saudi Arabia, both sides explored:
- Simplifying licensing & registration processes
- Strengthening joint research & development (R&D) initiatives
- Digitizing degree attestation to facilitate employment opportunities for Pakistani professionals
This move will enable faster market access for Pakistani entrepreneurs while also supporting the expansion of Saudi businesses into Pakistan.
A Step Towards a Thriving Digital Economy
The collaboration between Pakistan and Saudi Arabia marks a significant step toward deeper economic and technological integration. By aligning efforts in digital innovation and investment, both nations are paving the way for a thriving startup ecosystem in the Middle East and South Asia.
With stronger market access, simplified processes, and increased venture capital flows, this partnership has the potential to unlock new growth avenues for Pakistani tech firms and contribute to Vision 2030’s goal of transforming Saudi Arabia into a global tech hub.
