Saudi, Pak IT firms sign B2B agreements

MONITORING REPORT ISB: Over five IT, telecom and technology firms from Pakistan have recently have reached agreements with several Saudi companies to cooperate in related fields in the Kingdom.

These companies had participated in the TECH Seminar organized by Pakistan Embassys Commercial Section in Riyadh.

Global Control, MAS Holdings, Communication Concepts and Corporate Solutions are negotiating details of their engagements with Pakistans 360 Technologies, 360 Logics, Kualitatem, and 313 Evolution.

Hani Almuhammad, CEO of Global Control (a Saudi-owned company) said he was impressed with what Pakistani companies were offering as value-added services.

“I look forward to attending more such events under TECH Pakistan program,” added Dr. Abdulaziz Al-Majed, CEO of MAS Holdings whose IT subsidiary MAS-MBTS (a Saudi-owned company) also sponsored the event.

Dr. Majed, a Saudi IT professional, said he was happy to connect with several participating Pakistani IT firms and looked forward to doing business with them in the Kingdom. His company is in talks with 313 Evolution Co.

In his remarks, Pakistani Ambassador Manzoor ul Haq said, he hoped the seminar will act as a stepping stone to arrange more fairs and seminars in the technology sector.

Irshad Salim, whose New Jersey-based firm Irshad Salim Associates collaborated for this seminar, said, “The technology seminar has generated meaningful and actionable business-to-business (B2B) engagements.”

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