{"id":44086,"date":"2022-02-03T05:19:23","date_gmt":"2022-02-03T02:19:23","guid":{"rendered":"http:\/\/www.indexeconomic.com\/?p=44086"},"modified":"2022-02-03T05:19:24","modified_gmt":"2022-02-03T02:19:24","slug":"zain-ksa-and-al-rajhi-bank-sign-a-deal-to-enhance-financial-inclusion-with-innovative-mobile-technologies","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=44086","title":{"rendered":"Zain KSA and Al Rajhi Bank Sign a Deal to Enhance Financial Inclusion with Innovative Mobile Technologies"},"content":{"rendered":"\n<p class=\"has-text-align-left\">Zain KSA and Al Rajhi Bank signed an\nagreement through which Zain KSA will leverage its technological expertise and\nhuman capabilities to upgrade the communication services and expand\nconnectivity of Al Rajhi Bank\u2019s systems which includes branches, ATM network\nand monitoring systems. This will rely on the pioneering technologies provided\nover Zain KSA\u2019s world-class infrastructure, including its renowned 5G network.\n<\/p>\n\n\n\n<p class=\"has-text-align-left\">The agreement was announced during the\nglobal tech event LEAP, which comes to confirm Zain KSA\u2019s endorsement of the\nconference\u2019s objectives, as well as its commitment to supporting the strategy\nof the Ministry of Communications and Information Technology (MCIT) and the\nSaudi Federation for Cybersecurity, Programming and Drones (SAFCSP). Zain KSA\u2019s\nparticipation in LEAP also confirms the company\u2019s alignment with the goals of\nthe Saudi Central Bank (SAMA), mainly in achieving financial inclusion and\ndeveloping the financial technology (FinTech) sector, which contributes to\nimproving the customer experience through ensuring that electronic transactions\nare conducted with high reliability and promoting overall digital\ntransformation in the financial sector.<\/p>\n\n\n\n<p class=\"has-text-align-left\">The agreement was signed by Zain KSA\u2019s\nChief Business and Wholesale Officer Eng. Saad bin Abdulrahman Al-Sadhan and\nActing Chief Operating Officer at Al-Rajhi Bank, Eng. Abdullah bin Saleh\nAlomari. As part of the agreement, Zain KSA will provide connectivity services\nto Al Rajhi Bank\u2019s sites across the Kingdom, through its 4G and 5G networks as\nwell as its fiber-optics network, to ensure the provision of highly efficient\nand reliable services that would improve the experience of Al Rajhi Bank\ncustomers and support the bank\u2019s operational strategy.<\/p>\n\n\n\n<p class=\"has-text-align-left\">Commenting on the agreement, Zain\nKSA\u2019s Chief Business and Wholesale Officer, Eng. Saad bin Abdulrahman\nAl-Sadhan, said: \u201cAs a leading provider of digital services in the Kingdom,\nZain KSA employs its capabilities to serve Saudi Vision 2030 and the digital\neconomy strategy aimed at achieving financial inclusion and digitization of the\nfinancial sector and investment in FinTech and innovative financial products.\nThis is at the core of Zain KSA\u2019s strategy, which is based on the approach of\nstrategic partnerships with national companies. Today we further endorse this\napproach with a unique partnership with Al Rajhi Bank, which is one of the most\nprominent banking entities in the Kingdom.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left\">In his remarks, Acting Chief Operating\nOfficer, Eng. Abdullah bin Saleh Alomari, said: \u201cAl Rajhi Bank has chosen Zain\nKSA as its partner due to the company\u2019s expertise, capabilities and technical\nand human capacities that enabled it to lead the Kingdom\u2019s information\ntechnology sector across several fields, including information technology and\ncorporate connectivity services. We believe that this partnership will make it\npossible for us to raise the efficiency of our banking services and improve\noperational costs, thus promoting the customer\u2019s journey across all our\nbranches.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zain KSA and Al Rajhi Bank signed an agreement through which Zain KSA will leverage its technological expertise and human capabilities to upgrade the communication services and expand connectivity of Al Rajhi Bank\u2019s systems which includes branches, ATM network and monitoring systems. This will rely on the pioneering technologies provided over Zain KSA\u2019s world-class infrastructure, &hellip;<\/p>\n","protected":false},"author":2,"featured_media":44087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-44086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Zain KSA and Al Rajhi Bank Sign a Deal to Enhance Financial Inclusion with Innovative Mobile Technologies - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indexeconomic.com\/?p=44086\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zain KSA and Al Rajhi Bank Sign a Deal to Enhance Financial Inclusion with Innovative Mobile Technologies - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"og:description\" content=\"Zain KSA and Al Rajhi Bank signed an agreement through which Zain KSA will leverage its technological expertise and human capabilities to upgrade the communication services and expand connectivity of Al Rajhi Bank\u2019s systems which includes branches, ATM network and monitoring systems. 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