logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Huawei Cloud acts as empowering tool for businesses in Saudi fintech scene: VP

Huawei Cloud acts as empowering tool for businesses in Saudi fintech scene: VP

GHADA.ISMAIL
Sep 9, 2024
Huawei Cloud launched a fintech program in cooperation with Fintech Saudi to support the growth of businesses working in this field

Riyadh – Sharikat Mubasher: Abdulaziz Alotaibi, Vice President at Huawei Cloud Saudi Arabia told Sharikat Mubasher that Huawei Cloud has a critical role to play in the Saudi Fintech scene since it will act as an empowering tool for businesses involved in this field.

On the Sidelines of the 24 Fintech Exhibition, held in Riyadh city from the 3rd to the 5th of September, Alotaibi added that his company launched a fintech program in cooperation with Fintech Saudi two weeks ago.

Alotaibi added that this program provides the essential components necessary for supporting the growth of businesses within this vital sector such as high-quality databases and AI-powered e-platforms that shall contain this enormous amount of data.

Alotaibi further added that Huawei Cloud and its partners, being a part of the Saudi market shall back up, not only the fintech market but also the digital economy, which aligns with the objectives of Saudi Arabia’s Vision 2030.

24 Fintech is a premier fintech event that took place in Riyadh from 3 to 5 September with the participation of over 300 exhibitors and more than 350 investors.

It gathered regulatory bodies, policymakers, investors, technology experts, and industry leaders from around the world to discuss several topics, including, fintech regulation and governance, artificial intelligence and machine learning in financial operations, financial inclusion, cybersecurity and big data, embedded finance, and more.

Tags

Huawei Cloud
24 Fintech
Saudi Arabia
events
Share

Attract clients with your ad

Start Now

Trending

UAE’s Shorooq Partners expands investment footprint in Saudi Arabia
MUBASHER
Oman’s KitchenomiKs raises $3.2mn in funding round led by Jasoor Ventures
MUBASHER
Franklin Templeton expands Saudi Portfolio with 8 newly registered global funds
MUBASHER.SA
Goldman Sachs expands Riyadh office with private wealth management arm
MUBASHER
NHC Innovation, BytePlus sign MoU to advance AI in Saudi real estate
MUBASHER.SA

Related News

Fintech News
Calendar Icon
Oct 20, 2025
AlRajhi Bank pacts with Mozn to harness AI in fraud prevention
Read More
Fintech News
Calendar Icon
Oct 20, 2025
Tabby, MoneyHash join hands to empower merchants with flexible BNPL solutions
Read More
Fintech News
Calendar Icon
Oct 6, 2025
Saudi Arabia leads region in cross‑channel shopping
Read More
Fintech News
Calendar Icon
Oct 1, 2025
PoS transactions hit 1 bn in August, sales surpass SAR 62 bn
Read More
Fintech News
Calendar Icon
Oct 1, 2025
SAMA approves EZ Bank with SAR 2.5 bn capital
Read More
Fintech News
Calendar Icon
Sep 30, 2025
Jeel, Bahrain FinTech Bay partner to boost cross-border fintech growth
Read More
Fintech News
Calendar Icon
Sep 23, 2025
HyperPay forges strategic partnerships to advance digital payments in Saudi Arabia
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher