Saudi investor group joins hands with Pakistan’s SuperNova

KARACHI, Mar 04 (AFP): A leading Saudi investor group in the IT and technology sector has joined hands with SuperNova Solutions, a major Pakistani enterprise resource planning and business solutions provider, the Pakistani firm said on Monday.
The partnership deal was signed on the sidelines of the LEAP tech convention taking place in Riyadh from March 4-7 and was welcomed by Ahmed Farooq, Pakistan's ambassador in Saudi Arabia.
"It is a pivotal investment into Pakistan's IT industry and SuperNova Solutions," the company said in a press release, quoting the envoy.
"Saudi Arabia will be the flag bearer of Pakistan's IT capabilities on a world stage."
Farooq specifically thanked Khaled Saad Al-Sabti, a key investor from Saudi Arabia in IT & tech sectors, for investing into Pakistan's IT sector:
"His trust and confidence in Pakistan will bring a renewed attention of the world investors into Pakistan's IT industry."
Farooq inaugurated the Pakistan Pavilion at LEAP 2024 on Monday afternoon and witnessed the signing ceremony of the equity partnership between SuperNova Solutions and a group of influential Saudi investors.
He said the partnership would enhance Pakistan's competitiveness, digital transformation and ERP implementation competencies, services and exports.