Riyadh – Sharikat Mubasher: In collaboration with Fintech Saudi, Huawei Cloud successfully hosted the Huawei Cloud Fintech Day Saudi Arabia 2024, where the company displayed innovative cloud solutions for the rapidly evolving fintech industry in the Kingdom.
The event brought together industry leaders, government officials, and fintech pioneers to explore the latest trends and technologies shaping the future of financial services, according to the company’s press release.
The Huawei Cloud Fintech Day Saudi Arabia 2024 marks a significant milestone in the ongoing collaboration between Huawei Cloud and Saudi's fintech ecosystem. With strong support from Fintech Saudi, the event underscored the shared commitment to fostering innovation and digital transformation in the country's fast-growing fintech sector.
As a highlight of the event, Huawei Cloud introduced the Fintech Pioneer Program, offering exclusive discounts to fintech companies in Saudi Arabia. This initiative underscores Huawei Cloud's commitment to supporting the fintech sector and accelerating digital transformation in the Kingdom.
Nezar Alhaidar, CEO of Fintech Saudi, delivered an insightful opening speech at the event, highlighting the emerging trends in Saudi Arabia's fintech landscape. He emphasized Fintech Saudi's commitment to empowering fintech companies and fostering growth in the sector.
On this occasion, Alhaidar stated: "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 accelerating intelligence in the fintech industry. Alan remarked: "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 added: “With the continuous efforts Fintech Saudi has been doing for the fintech industry, Huawei Cloud has been working on understanding how can we support the industry to elevate their digital transformation and innovation with our quality standards. We are committed to helping fintech enterprises to provide more secure, efficient, and fast financial services through agile innovation, intelligent risk control, and security compliance to provide flexibility, efficiency, and security to the fintech companies.”
The event showcased Huawei Cloud's comprehensive suite of solutions designed to address the unique challenges faced by fintech companies. Huawei Cloud KooVerse, with its extensive global coverage of 33 regions, 93 availability zones, and over 2800 CDN nodes worldwide, ensures consistent low latency for smoother payment experiences.
This robust infrastructure is crucial for fintech companies aiming to provide their customers with seamless, real-time financial services. Huawei Cloud Riyadh Region has 3 availability zones, with ultra-low latency providing optimal experience in Saudi Arabia.
The Huawei Cloud Fintech Day Saudi Arabia 2024 marks a significant milestone in the ongoing collaboration between Huawei Cloud and Saudi's fintech ecosystem. With strong support from Fintech Saudi, the event underscored the shared commitment to fostering innovation and digital transformation in the country's fast-growing fintech sector.
