Riyadh - Sharikat Mubasher: The Saudi information technology company Ebana signed a memorandum of understanding (MoU) with the Securities Depository Center Company (Edaa) during LEAP 2024.

Through this strategic partnership, both parties aim to develop innovative digital solutions and products that enhance the Saudi capital market.

The MoU targets utilizing technology to create more accessible and efficient capital market operations and accelerate market growth by providing digital products that fulfill the growing needs of companies.

Edaa and Ebana will work together to provide inclusive digital solutions for ESOP programs to enrich employee participation in capital growth.

LEAP 2024 takes place in Riyadh from 4 to 7 March with the participation of more than 600 exhibiting startups and over 1,800 global exhibitors showcasing groundbreaking advancements.

It includes a thought-leadership conference and a series of sector-dedicated tracks, trainings, live demos, innovation sessions, and startup pitches, in addition to an exhibition featuring the world’s top tech companies from around the world.