Pakistan's ITANZ wins $5mn UAE project

ITANZ Technologies Limited announced on Wednesday that it had secured a long-term contract worth $5 million for a digital transformation program for a leading wholesale distribution conglomerate headquartered in the United Arab Emirates.

The development was shared in a notice to the Pakistan Stock Exchange today.

The contracts cover “4 tightly integrated technology pillars, i.e. Enterprise Resource Planning (ERP) backbone, a Customer and Supplier Intelligent Self-Service platform, an Enterprise Asset Management system and a combined Mobile Field Workforce solution.

The tech company said that all were unified through iTanz’s proprietary integration framework and enriched with embedded Artificial Intelligence (AI) and advanced analytics capabilities.

The total engagement value stands at USD 5.00 million over the course of the next 5 years with an equal annual fee, the notice added.

“Under the terms of the Contract, the initial phase shall be initiated within 2026,” the listed company informed the bourse.

READ MORE: Pakistan’s iTANZ approves Rs4.34bn overseas acquisition

iTANZ Technologies Limited was incorporated in Pakistan as a public limited company in 1990. The company was formerly known as Zahur Cotton Mills Limited.

In March 2025, the Lahore High Court approved the merger of the company and ITANZ Technology Private Limited (ITPL) with effect from October 01, 2023.

After the merger, the company’s principal business activity included software development, installation and implementation, as well as other IT-related supplies and services. The company also provides consultancy services in the field of IT.