On the eve of Future Fest, His Royal Highness Prince Fahad announced plans to launch the Saudi-Pak Tech House in order to generate 1,000 jobs and projects worth $100 million.
Arzish Azam was invited to speak at LEAP, the world’s largest tech event, in Saudi Arabia due to the successful signing of 50 MoUs worth $100 million and the announcement of the Saudi-Pak Tech House to create 1,000 jobs and projects worth $ 100 million.
On the eve of Future Fest, His Royal Highness Prince Fahad bin Mansour Al Saud announced plans to launch the Saudi-Pak Tech House in order to generate 1,000 jobs and projects worth $100 million. Twenty Saudi Arabian companies attended Future Fest 2023 in Pakistan in January.
Arzish Azam said during his panel discussion, “Facilitating Market Linkages to Catalyze Expansion and Growth of Businesses: The Saudi-Pakistan Experience,” that “talent is everywhere, but opportunities are not, which is why we do Future Fest to enable the talent of this region to become a part of the global knowledge economy.
Out of the 700+ speakers from around the world who spoke at LEAP the world’s largest tech event, Arzish represented the “promise of Pakistan” and explained how Ejad Labs and Future Fest are essential in creating market connections and providing opportunities for partnerships and network expansion to foreign companies in Pakistan.
Mohammad S. Almadani, Co-founder & CEO at Classera, and Ayman Hamdan, VP Corporate Affairs at Unifonic and CEO of UnifonicX, were among the speakers from prominent Saudi corporations on the panel, which was moderated by Abdel Karim Samakie, Innovation-Driven Enterprises Director at the Digital Cooperation Organization.
Top Saudi businesses represented in the delegation included Unifonic, Noon, Salasa, Mozn, Qoyod, [atm], Nana, Saudi AZM, AlGooru, Hala, Salla, Moyasar, Classera, Squadio, Nama Ventures, Tracking, Takadao, Torod, ILSA Interactive, Diggipacks, and Derayah.
DCO served as the delegation’s digital enablement partner. More than 60,000 people attended Future Fest 2023, and 150 B2B meetings between Saudi Arabian and Pakistani businesses were organised to look for synergies.
Following the Saudi-Pak engagements at Future Fest, a historic participation of 500+ Pakistani delegates was seen at LEAP, with representatives from companies like JOYLAND, Al-Burraq Technologies, AntonX, BeeTech Digital, ClickInn Digital, Craftooo, Data Pilot, Digi Trends, ENCS Networks, Logigates Technologies, PopCorn Studio, Tracking.me, Zindigi by JS Bank, EyeSmarty Inc, Osol Tech, Reskills, Soon Valley Development Program, Fatima Group, National University of Science and Technology (NUST), Systems Limited, SadaPay, Pathfinder Group, SABAQ, TinTash, MyTM, Investor Lounge, MCB and more.
Ejad Labs and Udacity have signed an agreement for Ejad Labs to serve as their primary partner in Pakistan and help upskill young people in the newest technological skills. Udacity leads the industry in talent transformation by assisting in the development of employable skills.
Ejad Labs has also teamed up with Mozn, the top Saudi Arabian enterprise AI software provider, to help bring their most recent innovations to Pakistan’s financial industry.
Numerous Pakistani delegates who were able to establish fruitful relationships with Saudi Arabian companies attended LEAP this year in large numbers. The extraordinary participation of Pakistani business leaders this year heralds the start of a new era of cooperation to spur innovation and economic expansion in both nations.
Following the $9 billion in deals disclosed by Saudi Arabia’s Minister of Information, Abdullah Alswaha, investment programs totaling $2.43 billion were announced on the third day of LEAP 2023.