Pakistan based technology company Astrik has signed a strategic Memorandum of Understanding with Afina, an artificial intelligence and machine learning powered data intelligence and revenue optimization technology company, during LEAP 2026 in Riyadh. The agreement was signed on the fourth day of the event by Shahnawaz Abro, Chief Executive Officer and Co Founder of Astrik, and Stepan Sepmenchuk, Chief Product Officer of Afina. The collaboration represents another step in Astrik’s international expansion strategy and reflects its focus on strengthening relationships with technology companies across the Gulf Cooperation Council region and other global markets. The partnership also brings together two organizations that are working in the areas of artificial intelligence, enterprise technology, and data driven business intelligence.
The Memorandum of Understanding establishes a framework for collaboration between the two companies as they continue developing technology solutions that help organizations make better use of data and artificial intelligence. Afina specializes in applying artificial intelligence and machine learning technologies to enable businesses to generate greater commercial value from their data assets. Its solutions cover data monetization and customer lifecycle intelligence, helping organizations gain deeper insights into customer behavior while identifying opportunities for business growth and revenue optimization. By combining advanced analytics with artificial intelligence, Afina supports enterprises in improving decision making and enhancing customer engagement through data driven strategies.
Astrik has built its business around developing enterprise software and artificial intelligence powered products designed to address practical business requirements across different industries. The company focuses on creating an ecosystem of enterprise technology solutions that connect business processes with intelligent technologies, enabling organizations to improve operational efficiency in an increasingly AI driven environment. Through its expanding portfolio, Astrik aims to help enterprises integrate artificial intelligence into everyday business operations while supporting digital transformation initiatives. The collaboration with Afina complements this approach by bringing together expertise in enterprise software, artificial intelligence, machine learning, and business intelligence to explore opportunities for delivering enhanced technology solutions to customers across regional and international markets.
The agreement also highlights the growing visibility of Pakistan’s technology sector on the international stage. As Pakistani technology companies continue participating in global events such as LEAP 2026, opportunities for collaboration with regional and international technology organizations continue to expand. Astrik stated that the Memorandum of Understanding reflects its commitment to building strategic partnerships that support innovation and enterprise technology development while strengthening its presence beyond Pakistan. The collaboration with Afina demonstrates how Pakistan built technology companies are increasingly engaging with global partners to advance artificial intelligence, enterprise software, and data intelligence solutions, while contributing to broader technology cooperation across the GCC region and other international markets.
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