The Gitex Global 2024, the world’s largest technology and startup fair, commenced today in Dubai, highlighting groundbreaking innovations and entrepreneurial talent. This event is particularly significant for Pakistan, as it offers a global stage to display the country’s information and communication technology (ICT) sector and burgeoning startup ecosystem.
Running concurrently with Gitex Global is the North Star Startup Show, a dedicated event for startups. Here, ten promising startups and incubators from Pakistan are attracting significant interest from investors across the Middle East, including Saudi Arabia.
Strong Pakistani Presence at Gitex 2024
A total of 80 Pakistani companies and startups are participating in Gitex 2024, representing various tech sectors. These companies are optimistic that their presence at the event will not only boost IT exports to the Middle East and North Africa (MENA) region but also attract foreign investments and facilitate partnerships with leading international tech firms.
The Federal Ministry of IT and Telecommunications has extended strong support by sending ten startups under the Ignite program. These startups are actively working in areas such as healthcare, aerospace, energy, gaming, smart cities, and travel technology. Their participation aims to attract global investors and build valuable connections with potential partners.
CEO Ignite’s Remarks
Adil Ejaz Shah, CEO of Ignite, expressed optimism about Pakistan’s participation at the event, emphasizing the value of such exposure for the country’s IT industry. He remarked, “The innovative spirit and entrepreneurial talent of Pakistani startups will not only attract global investment but also foster collaborations that can accelerate growth and unlock new opportunities.”
Pakistan Honored as ‘Tech Destination of the Year’
A significant achievement for Pakistan at Gitex Global 2024 is being recognized as the ‘Tech Destination of the Year’. This recognition, awarded during the event held from October 14 to 18 at the Dubai World Trade Centre and Dubai Harbour, highlights Pakistan’s growing reputation as an emerging tech hub and underscores its progress in the global technology landscape.
In previous years, Pakistan’s presence at Gitex was represented under the Pakistan Pavilion, organized by the Pakistan Software Export Board (PSEB). The country’s consistent participation and growing tech capabilities have now earned it a prestigious position at one of the world’s largest technology exhibitions.
Gitex Global 2024: A Global Hub for Innovation
Gitex Global 2024 serves as a platform where tech giants, startups, investors, and industry leaders gather to unveil innovations and discuss future trends. This year’s event spans over 40 exhibition halls, focusing on key areas such as artificial intelligence, cybersecurity, mobility, and sustainable technology. The event also promotes global collaboration, demonstrating the importance of international partnerships in advancing the tech ecosystem.
Pakistan’s Value Proposition in the Global Market
With IT and IT-enabled services (ITeS) exported to 170 countries, Pakistan offers a cost-competitive advantage with operational expenses up to 70% lower than in North America. This unique value proposition positions Pakistan as a preferred partner for international businesses seeking quality services at lower costs.
The recognition as the ‘Tech Destination of the Year’ not only enhances Pakistan’s profile but also encourages foreign direct investment (FDI), further solidifying its position as a rising force in the global technology market.
