Riyadh – Sharikat Mubasher: Ninety-nine Pakistani technology companies specializing in artificial intelligence, health tech, and fintech have set up regional headquarters in the Saudi capital during 2024 and 2025, according to Sadia Khan, Consul Commercial of Pakistan in the Kingdom.

Khan told Al Eqtisadiah that this influx reflects Islamabad’s drive to expand investments and deepen its presence in Saudi Arabia’s fast-growing market. She noted that Saudi exports to Pakistan reached $4.3 billion (SAR 16.3 billion) in 2024, while Pakistani exports to the Kingdom totaled $734 million (SAR 2.8 billion).

Pakistan’s imports from Saudi Arabia remain largely oil-based, whereas Saudi imports from Pakistan range from tech products to services, underscoring the breadth of trade ties.

Khan added that Saudi Arabia’s diverse economy offers promising investment opportunities beyond energy and petrochemicals, including tourism, hospitality, and advanced technologies—key factors attracting Pakistani firms.