Pakistan and Saudi Arabia have signed a memorandum of understanding (MoU) to work together in the field of information technology (IT).
The agreement was signed by the Caretaker IT Minister of Pakistan, Umar Saif, and his Saudi counterpart, Abdullah A Al-Sawahah, in Riyadh on Sunday.
It aims to facilitate Pakistani companies to work in Saudi Arabia, provide trained IT manpower to Saudi companies, promote joint ventures with Saudi firms, and establish a startup exchange program with top Saudi tech incubators.
Pakistan has signed an MoU with the Ministry of Communication & 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 a startup exchange program with the top… pic.twitter.com/LrWzNbSH6A
— Umar Saif (@umarsaif) October 1, 2023
The MoU also includes a bilateral commitment to the digital economy. Both sides agreed to promote the private sector apart from the government level.
