ME Consulting, a startup based at the Business Incubation Centre of the International Islamic University Islamabad (IIUI), has signed a Memorandum of Understanding (MoU) with the Rawalpindi Chamber of Commerce & Industry (RCCI).
The agreement aims to support businesses in Rawalpindi in registering companies in Saudi Arabia with full ownership, in line with the Kingdom’s Vision 2030 economic transformation plan.
The MoU was signed by Engr. Ahmed Faraz, CEO of ME Consulting, and Mr. Qazi Farooq Khalid, President of RCCI.
Under this partnership, ME Consulting will provide guidance and services to help local companies navigate registration processes in Saudi Arabia. The initiative supports Pakistani enterprises in benefiting from the new regulations that allow 100% foreign ownership.
The collaboration is expected to create new opportunities for business expansion, enhance economic engagement, and promote bilateral investment between Pakistan and Saudi Arabia.