Riyadh, Saudi Arabia: Huawei Cloud, in partnership with Fintech Saudi, successfully hosted the Huawei Cloud Fintech Day Saudi Arabia 2024, a pivotal event showcasing cutting-edge cloud solutions tailored for the Kingdom’s rapidly evolving fintech industry. The event brought together industry leaders, government officials, and fintech innovators to explore the latest trends and technologies shaping the future of financial services in Saudi Arabia.
This event marks a significant milestone in the ongoing collaboration between Huawei Cloud and Saudi Arabia’s fintech ecosystem, with strong support from Fintech Saudi. It underscored the shared commitment to fostering innovation and driving digital transformation in the country’s burgeoning fintech sector.
One of the key highlights was the introduction of the Fintech Pioneer Program by Huawei Cloud, offering exclusive discounts to fintech companies in Saudi Arabia. This initiative reinforces Huawei Cloud’s dedication to accelerating digital transformation and supporting the fintech sector in the Kingdom.
Nezar Alhaidar, CEO of Fintech Saudi, opened the event with insights into the emerging trends within Saudi Arabia’s fintech landscape. He emphasized Fintech Saudi’s commitment to empowering fintech companies and fostering sector growth, stating, “The fintech industry in Saudi Arabia is at a pivotal moment, poised for unprecedented growth. Our collaboration with Huawei Cloud demonstrates our commitment to providing fintech companies the necessary tools and infrastructure to thrive in this dynamic ecosystem.”
Alan Qi, President of Huawei Cloud Middle East & Central Asia, reaffirmed Huawei Cloud’s dedication to revolutionizing the fintech industry, stating, “At Huawei Cloud, we recognize the transformative power of fintech in shaping the future of financial services. Our advanced cloud solutions are designed to empower fintech companies in Saudi Arabia, enabling them to innovate rapidly, scale efficiently, and maintain the highest security and compliance standards.”
Abdulaziz Alotaibi, VP of Cloud Business in Huawei Cloud Saudi Arabia, highlighted the collaboration’s focus on enhancing digital transformation and innovation within the fintech industry. He said, “With Fintech Saudi’s continuous efforts, Huawei Cloud is committed to supporting the industry by providing secure, efficient, and fast financial services through agile innovation, intelligent risk control, and robust security compliance.”
The event showcased Huawei Cloud’s comprehensive suite of solutions tailored to address the unique challenges faced by fintech companies, including Huawei Cloud KooVerse, a robust infrastructure offering low latency for smoother payment experiences, and a cloud-native database solution providing unmatched performance and scalability.
Huawei Cloud’s commitment to building a strong fintech ecosystem was also emphasized, with plans to collaborate with additional ecosystem partners to create a prosperous financial technology ecosystem in Saudi Arabia.
Through this partnership, Huawei Cloud, with the support of Fintech Saudi, is dedicated to helping fintech enterprises provide more secure, efficient, and faster financial services, supporting their digital transformation journey to new heights.
For more information, please visit Huawei online at:
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