Pakistan-Saudi Arabia mutual defense pact: News & Discussion

Everybody from the third world countries want to move into the first world, smart or not. Nobody is willing to wait for their third world country to become a first world country.

Parents who can, register their children in the "English schools" in the hope when they grow up, they could migrate to the first world with ease. That's how it is.

As of 2020-2021, there are 58 million children in various educational institutions in Pakistan. The country also has at least 220 universities. And, with 7.5 million babies born each year in Pakistan, I'm sure there isn't any shortage of new recruits, but there's definitely constant pressure for construction of more educational institutions year-after-year.
How many engineers did Pakistan produce last year?
 
This is a Saudi and Pak much hyped defense agreement your primeminster is saying an attack on either state is attack on the other

India is a non involved by stander and very bemused just like Europe or Japan or indeed the rest of the world

Who is Saudi threatened by were you Pakistanis say you will.come and protect
What have you committed too

You don't want to say it
You have to take on USA and Israel or Iran
It needs your help for nothing else
You signed the treaty so are you ready to forfill this

We Indians have great relations with Israel and Russia we take no heed what USA thinks or the saudis or gulf states
Every relationship is bi lateral for India
we are too smart to sign a defense pact to fight somebody elses war


aby collie...

you have millions of indians working in the GCC ... if they all return to india .. it will become a bigger shit hole than Uganda.
 
How many engineers did Pakistan produce last year?

better question would be:

how many graduated engineers had a working/scalable prototype ready, based on their research (so, idea must be genuine!), by the end of their final year!

I am sure, one can find, many gold and platinum medals, merits and scholarships

what about actual work that makes difference..

I know quite a few PhDs in Pak, who even struggle to explain leptokurtic and mesokurtic shapes of distribution even today, yet managed to pass with top percentages?!

how come?!
 
Would you complain if India invaded Pakistan and China did not do anything?
India has invaded Pakistan in Kashmir in 48 , Lahore in 65, Bengal in 71. Siachen in 85. China didn't do anything and won't do anything in the future either. Do you see anyone complaining?

Why? Because it's not our treaty bound ally.
 
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Bahrain follows Saudi in almost all diplomatic and political moves and uses a lot of Pakistani manpower already. I think they will be the next partner

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Nothing to worry about then

At some point you'll have to make sense

I wouldn’t say nothing to worry about. There is a lot to worry about.

A shock can adversely impact the economy and bring the numbers down and it could take a while for things to get back on track.
A good example of that was Covid times. It took almost 3-4 years for our economy to get back to growth again.

The best situation would be to not get involved in any situation, but at times they aren’t in your control.
Trump is one such factor. I don’t see a way out of it and India would have to face his shenanigans for the next 3 years.

Other than that, most nations are keen to get into some kind of economic pact with us and that augurs well for us. This includes each and every ME nation, EU and Far east too. Had rift with Trump hadn’t started, it would have been a dream run.
 
Other than that, most nations are keen to get into some kind of economic pact with us and that augurs well for us.
Economic pact?

What is that.

I mean you're the most populous nation in the world, every country would like to diversify its trade, I don't know whether just existing is an inherent quality..... Who knows.


What I meant was, if you think economics defines international relations that why on earth is the Indian media so worried about Saudi Pakistan military corporation
 
Economic pact?
Come on man. Don’t get to trolling. You know what I meant.
Indian media so worried about Saudi Pakistan military corporati
Indian media is biggest set of jokers in this part of the world. They can create flaming programs out of thin air. Each one tries to outdo the other one and are a circus.
I don’t watch any TV news channel for this reason. I do read print media, which is not as rabid and shit show.
 

Pakistani fintechs tap Saudi market​

Vision 2030, defence pact open doors for IT sector to play bigger role in KSA



Usman HanifSeptember 24, 20253 min read
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pakistani fintechs tap saudi market

Pakistani fintechs tap Saudi market

KARACHI:
Pakistani fintech companies are increasingly turning their eyes towards the Kingdom of Saudi Arabia (KSA), lured by the vast opportunities offered under Riyadh's Vision 2030 digital transformation agenda and catalysed by the latest Pak-Saudi defence pact.

Pakistan's growing IT sector has immense potential to become part of the broader strategic and defence ties with the Kingdom of Saudi Arabia at the next level, said Shaza Fatima Khawaja, Federal Minister for IT and Telecommunication.

"Pakistan's IT sector is strengthening itself on various fronts to evolve into a key regional player and a data transshipment hub for various countries, including China and Central Asia," she said while speaking as the Chief Guest at the inaugural session of the 26th ITCN Asia on Tuesday.

Money 20/20, a global fintech event recently held in Riyadh as part of the Vision 2030 economic plan to attract foreign investors, saw 15 Pakistani companies showcase their services and solutions. These firms signed various business deals and joint ventures with businesses from different markets.

"Pakistani fintechs are capable of competing at a global level. The trade fair of the fintech world has proven to be a launchpad for these entities to secure partnerships, attract investors, expand into Gulf markets, and strengthen their credibility on a global level," said Fahad Sajjad, CEO of Pakistan Fintech Network (PFN).

He said the aim of Pakistan's fintech entities was to establish a presence in Saudi Arabia, particularly by engaging with service operators and manufacturing companies involved in the event.

Pakistan's operators are not only showcasing their services and solutions but are also signing business deals and learning from the concepts and ideas of different fintech operators successfully operating worldwide, he added.


At Money 20/20, Pakistani-origin fintech ABHI, with operations in the MENA region, signed a partnership with TRAY, a leading cloud-based POS and business management platform in Saudi Arabia, to introduce Earned Wage Access services for the fast-growing F&B sector.

"Partnering with TRAY enables ABHI to bring Earned Wage Access directly into the heart of Saudi Arabia's hospitality sector. By integrating our solution into TRAY's platform, we provide SMEs with a tool to improve workforce retention while advancing financial inclusion across the Kingdom. This collaboration creates a strong foundation to scale innovative services in line with Vision 2030's goals of sustainable growth and digital transformation," said Omair Ansari, CEO and Co-founder of ABHI.

In recent months, Saudi Arabia has strengthened various bilateral strategic and defence ties with Pakistan at the state level. Both countries have also enhanced commercial ties on a preferential basis, including in the IT and fintech sectors.

Pakistan also became a member of the Digital Cooperation Organisation (DCO) in 2024, which operates its headquarters from Riyadh.

The Ministry of Investment of Saudi Arabia (MISA) has established a help desk to assist Pakistani companies in registering quickly and easily in Saudi Arabia. This initiative has streamlined the process, leading to the registration of more than 100 Pakistani tech entities in the KSA market.

Ibrahim Amin, a banking and financial analyst, said the participation of Pakistani companies at Money 20/20 is a commendable business strategy as Gulf countries are actively investing in fintech and digital transformation, including acquisitions, joint ventures, and collaborations, particularly in the UAE and Saudi Arabia.

"By participating, Pakistani fintechs demonstrated Pakistan's growing fintech ecosystem, showcasing themselves on the same stage as global leaders like Mastercard, Visa, and Stripe," he added.

CEO of Hexalyze, Saad Shah, said Saudi Arabia is an emerging market for various industries from different countries, and Pakistani IT companies with financial solutions could target different entities based in the KSA, particularly in the developing city of NEOM.

He pointed out that the Saudi market is comparatively easier for Pakistani IT and fintech companies to expand operations due to facilitation systems introduced for Pakistani entrepreneurs and professionals in recent years. The KSA market is feasible for business as professionals are eager to move to the Kingdom because of the holy sites, while qualified human resources, particularly Pakistani immigrants, are available to work for Pakistan-based companies establishing operations there, he further highlighted. In the last couple of years, several IT companies and fintech operators from Pakistan have established subsidiaries and offices in Saudi Arabia to explore new business opportunities.
 

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