Riyadh, Saudi Arabia March 2024:
SuperNova Solutions, a leading Pakistani enterprise resource planning (ERP) and business solutions provider, has announced a strategic partnership with a prominent Saudi investor group in the IT and technology sector.
This landmark collaboration was unveiled on the sidelines of the LEAP 2024 tech convention in Riyadh, held from March 4 to 7. The partnership is expected to significantly enhance Pakistan’s presence in the global technology market.
Strengthening Pakistan’s IT Industry
The signing of the equity partnership agreement took place during the inauguration of the Pakistan Pavilion at LEAP 2024. This development is viewed as a major step forward for Pakistan’s digital economy.
Ahmed Farooq, Pakistan’s ambassador to Saudi Arabia, welcomed the partnership. He described it as a pivotal investment in both Pakistan’s IT sector and SuperNova Solutions.
Farooq also thanked Khaled Saad Al-Sabti, a leading Saudi investor in the tech industry, for his commitment to supporting Pakistan’s growing digital landscape. He emphasized that this partnership will attract global investors’ attention toward Pakistan’s tech ecosystem.
Accelerating Digital Transformation
According to Rashid Hakeem, Chief Executive of SuperNova Solutions Pakistan, the Saudi investment will:
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Strengthen Pakistan’s competitiveness in the IT sector
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Enhance digital transformation capabilities
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Expand ERP implementation services and exports
Hakeem noted that the collaboration aligns with Pakistan’s vision of becoming a regional technology hub.
Supporting Saudi Vision 2030
Muhammad Ghazali, a key Saudi investor involved in the partnership, highlighted its strategic importance. He pointed out that SuperNova Solutions will now play a vital role in the Saudi group’s investment portfolio.
Ghazali also emphasized Saudi Arabia’s commitment to Vision 2030, where digital transformation is a central focus. He stated:
“Digital transformation is revolutionizing industries, government services, and social interactions. This partnership will help businesses harness the power of ERP solutions to achieve their strategic goals.”
A Step Toward Regional Tech Leadership
This partnership between SuperNova Solutions and the Saudi investor group is more than a business deal—it’s a regional collaboration focused on technology leadership. The move is expected to drive growth in both Pakistan’s and Saudi Arabia’s IT sectors, benefiting businesses, government agencies, and society as a whole.