ISLAMABAD: Pakistan’s top IT bodies have teamed up to host a Pakistan x Saudi Business Forum networking event ahead of the LEAP Tech Conference being held in Riyadh from Feb. 9-12, the Pakistan Software Houses Association (P@SHA) said in a press release on Thursday.
This is the fourth edition of LEAP, recognized as Saudi Arabia’s award-winning global technology event for which entrepreneurs, investors and startups will converge in Riyadh to present their products to an anticipated audience of over 170,000 visitors. The platform offers cutting-edge technology showcases, B2B networking opportunities and expert-led conferences.
While Pakistan recorded the highest-ever monthly IT exports of $348 million, up by 15 percent year-on-year and 12 percent month-on-month, in December 2024, its IT sector growth is overshadowed by concerns over slowing Internet speed and a government-led digital crackdown, which authorities deny.
“P@SHA and Pakistan Software Export Board (PSEB) will be collaboratively hosting an exclusive networking dinner, Pakistan x Saudi Business Forum, curated to connect leaders from the top tiers of government and industry,” P@SHA said in a press release on Thursday.
The event will provide a platform for “for key stakeholders to foster collaboration, explore business opportunities and strengthen ties within the vibrant Saudi market” and showcase Pakistan’s “diverse and thriving IT services exports, covering areas such as software development, AI, blockchain, health, FinTech, gaming and robotics.”
LEAP 2025 will for the first time introduce Tech Arena, a new platform for emerging innovations that will feature a ‘Live TV’ platform, offering real-time demonstrations and discussions hosted by BBC Click’s Lara Lewington and Spencer Kelly. Visitors will engage with innovations in AI, mixed reality, fashion technology, and brain-computer interfaces.
A key highlight will be Anouk Wipprecht’s Tech Couture exhibit, where robotic dress collections will integrate engineering with fashion. Adobe’s ‘Project Primrose’ will present digital dress technology, introducing dynamic textiles with adaptive designs.
The Tech Arena will also showcase medical technology advancements, including Aramco-backed Terra Drone’s long-range medical delivery system, which aims to improve health care access in remote areas. Aramco will also introduce SARA (Saudi Aramco Robotics Assistant), an AI-driven assistant designed to enhance decision-making and streamline operations.
US-based Engine VR will present its Golden Gloves VR platform, which uses virtual reality for immersive boxing training. UFC fighter Andrew Sanchez will conduct live demonstrations, giving attendees the opportunity to experience the platform.
Alwaleed Philanthropies will present Atlai, an AI tool designed to monitor deforestation and support global conservation efforts. XPANCEO will showcase smart contact lenses that integrate computing power into a lightweight wearable device, offering new ways to interact with digital information.
The Tech Arena is one of two new segments introduced at LEAP 2025, alongside the SportsTech stage. These additions support Saudi Arabia’s Vision 2030 goals of fostering innovation and technological growth.
Pakistan’s top IT bodies to host business forum event ahead of LEAP 2025 in Riyadh
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Pakistan’s top IT bodies to host business forum event ahead of LEAP 2025 in Riyadh
- P@SHA and PSEB will host networking dinner showcasing Pakistan’s tech innovations
- This is fourth edition of LEAP, recognized as Saudi Arabia’s award-winning global tech event
Bangladesh approves new rice imports from Pakistan amid price pressures
- The deal follows Bangladesh’s resumption of direct rice trade with Pakistan earlier this year for the first time since independence in 1971
- Diplomatic ties between the two nations have improved since the ouster of prime minister Sheikh Hasina after mass protests last year
DHAKA: Bangladesh has approved the import of 50,000 metric tons of white rice from Pakistan under a government-to-government deal as part of efforts to stabilize domestic prices, officials said on Tuesday.
The Cabinet Committee on Government Purchase cleared the deal at $395 per ton, reinforcing Dhaka’s renewed trade engagement with Islamabad.
Rice prices in Bangladesh have jumped by between 15 percent and 20 percent over the past year, with medium-quality rice selling at about 80 taka ($0.66) per kilogram. Despite increased imports and the removal of duties to ease supply constraints, prices for the staple grain remain stubbornly high.
The deal follows Bangladesh’s resumption of direct rice trade with Pakistan earlier this year for the first time since independence in 1971. In February, it imported 50,000 tons of rice from Pakistan at $499 per ton under a similar agreement.
Diplomatic ties between the two South Asian nations have improved since an interim government led by Nobel laureate Muhammad Yunus took office after mass protests forced then prime minister Sheikh Hasina to flee to neighboring India last year.
Formerly East Pakistan, Bangladesh gained independence after a nine-month war in 1971, and relations with Pakistan have remained fraught in the decades since the conflict.
Separately, the government approved another 50,000 tons of parboiled rice through an international tender, part of a series of recent purchases aimed at cooling local prices. India’s Pattabhi Agro Foods secured the contract with the lowest bid of $355.77 per ton.
