Saudi Arabia’s Prince Fahad bin Mansour Al-Saud announced initiative at Future Fest 2023
Saudi companies say the program will help attract Pakistani talent, foster knowledge-sharing
LAHORE: Saudi startups participating in Pakistan’s largest tech conference are eyeing future collaboration with the South Asian nation, after a plan to establish a joint technology house was announced during the event.
Future Fest 2023, a three-day expo held in Lahore that concluded on Sunday, was joined by around 50,000 participants, representatives of 500 startups and 200 exhibitors from more than 30 countries, including a delegation from Saudi Arabia.
Saudi Arabia’s Prince Fahad bin Mansour Al-Saud announced in a virtual address during the event a plan to set up a Saudi-Pakistan Tech House “to promote greater ease of doing business” between the two countries.
Prince Fahad is the co-founder of the software development company ILSA Interactive, which was first established in 2009 by Pakistani entrepreneur Salman Nasir, with offices in Riyadh and Lahore.
The initiative was met with optimism at the festival, as Saudi companies said it will help link Pakistani talent to the Kingdom and create more opportunities for development.
“It’s actually a great achievement that will link the economies of Saudi Arabia and Pakistan,” Abdulrahman Al-Yemni, logistics director at Salasa, an e-commerce logistics company based in the Kingdom, told Arab News.
Al-Yemni said the initiative can help Saudi businesses...
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