A UAE-based virtual assets investment consultancy, PXDX, has teamed up with a Pakistani software house to introduce healthcare services in Saudi Arabia, as revealed by Dr. Rehan Al Taji, PXDX’s CEO. This collaboration, initiated in Pakistan, aims to import services to Saudi Arabia, focusing initially on the healthcare sector. The announcement was made during The Future Summit in Karachi, where PXDX expressed plans to extend services beyond hospitals.
Dr. Taji, impressed by Pakistani startups, highlighted their innovation, citing their recognition in previous events like the LEAP tech conference in Riyadh. He sees significant opportunities for Pakistani startups under Saudi Arabia’s Vision 2030, a program aimed at diversifying the economy. Dr. Taji emphasized the potential for Pakistani startups to establish businesses in Saudi Arabia with the support of local enterprises.
Vision 2030, initiated by the Saudi government, focuses on developing public service sectors such as health, education, infrastructure, recreation, and tourism. Dana Al Salem, a Kuwaiti tech entrepreneur, lauded the clarity of Vision 2030’s objectives, emphasizing the importance of clear purpose in attracting investors. Al Salem also advised Pakistan to enhance its international image, particularly in addressing food shortage concerns by leveraging its abundant water resources in the agriculture sector.
As PXDX and its Pakistani partners explore opportunities in Saudi Arabia, the collaboration signifies a growing trend of cross-border ventures in the region. Dr. Taji’s positive outlook on the potential for startups, combined with the broader goals of Vision 2030, underscores the changing dynamics and opportunities for foreign investors in the Saudi market.