Uzbek Startups in Saudi Arabia: A Significant Step Towards the International Market
From February 7 to 13, 2025, a delegation from IT Park undertook an official visit to Riyadh. The primary objective of this visit was to expand the export of IT services, enhance Uzbekistan’s potential in international IT and BPO markets, and promote the favorable business conditions established in Uzbekistan’s IT sector. The visit was facilitated with the support of IT Park’s office in Saudi Arabia.
As part of the visit, exhibition stands were arranged for ten member companies, and over 80 meetings were conducted with leading technology firms and investors in Saudi Arabia. These engagements provided a platform for discussions on expanding export opportunities and enriching the startup ecosystem with cutting-edge technological solutions.
Sarmo Labs formalized a cooperation agreement with Telos House to facilitate the introduction of Uzbek technological innovations to Saudi clients. Additionally, negotiations were held with Classera, AlGooru, Supercharger Ventures, and an international investors' club to attract funding for Uzbek EdTech initiatives.
kpi.com signed a memorandum of understanding with Fai to enhance business process optimization and ensure tax compliance for companies entering the Saudi market. The company also arranged meetings with prospective clients and scheduled product demonstration sessions.
Edsmart conducted more than 20 meetings and presentations with representatives from Saudi Arabia’s education, trade, and investment sectors, establishing valuable contacts to facilitate regional market entry.
XCDM engaged in discussions with multiple potential clients regarding contractual agreements and is currently in negotiations on the integration of artificial intelligence into Talabatey, Iraq’s largest food delivery application.
PDP held pivotal meetings with Saudi educational and IT firms, including discussions with Prospectuz DGTAL on internship and outsourcing opportunities, as well as with O’Reilly Platform concerning a 30-day trial access program for PDP University.
OneBuy Technology reached agreements on potential partnerships and contracts. The company also held discussions with investor Khalid, who is scheduled to visit Uzbekistan in April to explore further avenues for collaboration. Specific strategies were outlined to facilitate the regional expansion of the company’s ERP system.
Dataprizma delivered presentations to representatives from Saudi Arabia’s food, trade, and investment sectors. The company formalized a memorandum of understanding with a national restaurant and scheduled ten virtual meetings to attract new users. The company plans to strengthen regional cooperation and the development of products tailored to the Saudi market.
Weltech LLC convened with international experts and leading enterprises in FinTech and payment technologies to explore prospective collaborations and market entry strategies in Saudi Arabia.
iQtidorli conducted a series of presentations and discussions with key industry representatives, culminating in a cooperation agreement with OneBuy and the scheduling of further meetings to assess integration opportunities and product demonstrations.
Testbor.com held meetings with prominent investors and innovators in the education sector, securing preliminary cooperation agreements with several major companies.
The official visit of the IT Park delegation to Riyadh not only reinforced bilateral ties between Uzbekistan and Saudi Arabia but also unlocked new avenues for collaboration in the information technology sector.
The agreements concluded and partnerships established underscore the mutual commitment of both nations to fostering an innovative ecosystem and cultivating an enabling environment for startups and technology firms. These agreements provide a robust foundation for the continued expansion of cooperation, the strengthening of economic relations, and the enhancement of global competitiveness.