https://arab.news/gu68s
- SuperNova Solutions is Pakistani enterprise resource planning and business solutions provider
- Partnership agreement signed on sidelines of LEAP convention taking place in Riyadh from Mar. 4-7
KARACHI: 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 took place on the sidelines of the LEAP tech convention taking place in Riyadh from Mar. 4-7 and was welcomed by Ahmed Farooq, Pakistan鈥檚 ambassador in 黑料社区.
鈥淚t is a pivotal investment into Pakistan鈥檚 IT industry and SuperNova Solutions,鈥� the company said in a press release, quoting the envoy.
鈥満诹仙缜� will be the flag bearer of Pakistan鈥檚 IT capabilities on a world stage.鈥�
Farooq specifically thanked Khaled Saad Al-Sabti, a key investor from 黑料社区 in IT & tech sectors, for investing into Pakistan鈥檚 IT sector:
鈥淗is trust and confidence in Pakistan will bring a renewed attention of the world investors into Pakistan鈥檚 IT industry.鈥�
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.
鈥淭he investment is one of its kind and a substantive leap forward in Pakistan鈥檚 investment landscape,鈥� Rashid Hakeem, SuperNova鈥檚 Pakistan chief executive, said. 鈥淭his investment makes us go global; establish a strategic presence in the regional IT market and encourage other investors to embark on more partnerships, collaborations and JVs.鈥�
He said the partnership would enhance Pakistan鈥檚 competitiveness, digital transformation and ERP implementation competencies, services and exports.
Saudi investor Muhammad Ghazali highlighted the 鈥渟trategic rationale鈥� behind the move, saying SuperNova would become an important part of the Saudi group鈥檚 investment portfolio.
鈥満诹仙缜� is rapidly progressing toward its Vision 2030 goals and digital transformation has emerged as a key enabler, revolutionizing industries; government services and societal interactions,鈥� Ghazali said.
鈥淭his acquisition aligns perfectly with our vision of driving digital transformation and innovation. By combining our resources and expertise; we are well-positioned to help businesses harness the power of ERP solutions to achieve their strategic objectives.鈥�