Saudi Arabia’s SME authority to help Pakistani IT companies scale businesses in Kingdom— minister

Pakistan's minister of IT & Telecom, Umar Saif (center) received an honorary shield from Sami Ibrahim Alhussaini, Governor of Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) in Riyadh, Saudi Arabia on October 1, 2023. (Photo courtesy: @umarsaif/X)
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Updated 01 October 2023
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Saudi Arabia’s SME authority to help Pakistani IT companies scale businesses in Kingdom— minister

  • Pakistan’s IT minister is in Saudi Arabia with a delegation of tech companies to explore business opportunities
  • Pakistan to work with Digital Cooperation Organization on ‘digital passport’ for Pakistani companies, says Saif

ISLAMABAD: Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) will work with Pakistan to support its IT companies and startups to scale their businesses in the Kingdom, Caretaker IT Minister Umar Saif announced on Sunday. 

Established in 2016, Monsha’at aims to regulate, support, develop, and sponsor the SME sector in Saudi Arabia. According to its website, the authority is mandated to develop and support programs and projects that foster a culture of self-employment, entrepreneurship, and innovation.

Pakistan’s IT minister is in Saudi Arabia with a delegation of tech companies to explore business opportunities in the Kingdom. Saif wrote on the social media platform X that he visited Monsha’at’s office in Riyadh and met the authority’s Governor Sami Ibrahim Alhussaini.

“Monsha’at is mandated to support small and medium companies in Saudia, and they will be working with us to support Pakistani IT companies and startups to scale their businesses in Saudia,” Saif wrote. 

 

 

The minister also visited the office of the Digital Cooperation Organization— a multi-nation body that works toward the growth of the digital industry— in Saudi Arabia and met its secretary-general, Deemah AlYahya. 

He said Pakistan would host the Digital Direct Foreign Investment summit every year for all DCO member states.

“We will be working with DCO for a ‘digital passport’ for Pakistani companies which will enable them to quickly start a business in DCO member countries, starting with Saudia,” Saif wrote.

 

 

During an exclusive interview with Arab News earlier this week, Saif said the Gulf countries were a highly attractive market for Pakistani IT firms, many of whom were already engaged in projects in the region.

“We are working to market Pakistan as a place from where a lot of technical expertise can come for projects in the GCC region,” he said.

The minister added that during his visit to the Kingdom, the Pakistani delegation will also receive updates on the $100 million Saudi-Pakistan Tech House project announced earlier this year, which aims to strengthen strategic partnerships between IT firms in both countries.


Pakistan Railways to complete first phase of largest digitization drive by June 2026

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Pakistan Railways to complete first phase of largest digitization drive by June 2026

  • Project introduces GPS tracking, fiber network, command centers to cut delays, accidents
  • Railways say first phase funded from own revenue amid broader IMF-backed reform push

ISLAMABAD: Pakistan Railways will complete the first phase of its largest-ever digitization program by June 2026, the country’s railways minister said this week, as the state-run operator moves to modernize operations, improve safety and reduce chronic delays across its aging rail network.

The initiative, known as the Railway Advanced Infrastructure Network (RAIN), is a nationwide digital overhaul designed to introduce real-time monitoring, centralized operational control and data-driven decision-making across Pakistan Railways, which has long struggled with safety lapses, service disruptions and financial losses.

The project comes as Pakistan faces sustained pressure to reform loss-making state-owned enterprises under an International Monetary Fund-backed stabilization program, with transport infrastructure seen as critical to improving economic efficiency and public services in a country of more than 240 million people.

Pakistan Railways, once the backbone of long-distance transport in the country, has seen its share of passenger and freight traffic decline over decades due to underinvestment, competition from road transport and repeated safety incidents. Officials say the RAIN project is intended to reverse that trend by modernizing core infrastructure and restoring public confidence in rail travel.

“The RAIN Project will significantly reduce train delays and accidents, enhance passenger services, and improve overall operational efficiency,” Railways Minister Muhammad Hanif Abbasi said, according to an official statement issued after he chaired a review meeting on the project.

According to the railways ministry, Phase-I of the RAIN program will be financed entirely through Pakistan Railways’ own revenue, part of efforts to improve financial discipline and reduce reliance on government subsidies.

The first phase includes the installation of Global Positioning System (GPS) tracking on all trains and locomotives, allowing railway authorities to monitor train movements in real time and respond more quickly to disruptions or emergencies.

It also includes the establishment of command and control centers at Pakistan Railways’ headquarters in Lahore and at all divisional offices, enabling centralized oversight of operations and faster decision-making during accidents or delays.

Another major component is the fiber-optic networking of around 1,700 kilometers of the main ML-1 railway line, Pakistan’s busiest north-south corridor linking major cities and ports, to support high-speed data transmission and digital monitoring systems.

The project further includes the rollout of “safe and smart” railway stations at major hubs, modelled on upgrades already carried out at Rawalpindi station, alongside the provision of high-speed Internet services at selected stations to improve passenger experience and operational coordination.

The railways ministry said additional details on subsequent phases of the digitization program would be announced in due course.