Karachi August 24 2022: The Board of Directors of NetSol Technologies Limited in its meeting held on August 23, 2022 has decided to increase its footprints by opening up a further sales and delivery center in Dubai, United Arab Emirates in any legal form, according to company filing to the exchange.
The company already has a strong presence worldwide.
The stock gain PKR 2.00 or 1.95 percent after the announcement to trade at PKR 104.67 at PST 10:30.
The United Arab Emirates is one of the highest-ranking countries in terms of ease of doing business and with a strong economy and innovative business licensing policies, the country is seen as a preferred location for business operations by many.
NetSol Technologies Limited incorporated in Pakistan on August 22, 1996 under the repealed Companies Ordinance, 1984, (Now Companies Act 2017). as a private company limited by shares, was later on converted into public limited company. Main business of the Company is development and sale of computer software and allied services in Pakistan as well as abroad.
