Interactive Saudi Arabia Limited (ISA), the latest company approved under the Saudi Economic Offset Programme, received its certificate of registration on March 21. 

ISA is a web-based applications and service company that will provide creative solutions to the Saudi government, banking sector and the corporate sec tor.  Local joint venture partners are Hoshan Company, a Riyadh-based office equipment distributor, Ram World, an information technology company, and the Saudi Offset Limited Partnership.  Interactive Limited of Dubai Internet City is the technology partner.
DevCorp International, the General Partner of the Saudi Offset Limited Partnership, targeted e-government and e-commerce as growing businesses in the Saudi economy and identified Interactive Limited as a technology innovator and contributor.  “Enterprise portals and e-government sites designed by Interactive Saudi Arabia Limited will assist the private and public sector in streamlining their operations as well as bring new technology to the kingdom,” said William Barilka, DevCorp Riyadh branch managing director.  “We also plan, through our companies, to both create and increase employment opportunities in professional, technology-related positions among Saudi nationals.”
The Saudi Offset Limited Partnership, established in 1997, offers an efficient and effective way for contractors to the Saudi government to fulfill their offset obligations.  By investing offset monies in the Saudi Offset Limited Partnership, international businesses put their offset contribution to work in researched and feasible projects chosen and administered by DevCorp.   Raytheon Company’s $25 million investment commitment launched the SOLP with an additional $10 million commitment from Thales International. 
Basel Al Jabr, ISA’s president , who served as Secretary General of the E-Commerce National Taskforce at the Ministry of Commerce, will focus on systems integration work for large specialised projects and on building close relationships with multinational information technology companies such as Microsoft & Oracle.