Under the patronage of his excellency the Governor of Digital Government Authority, Eng. Ahmed bin Mohammed Alsuwaiyan, sirar by stc signed an agreement with Fintech Saudi, in the presence of the Undersecretary of the Ministry of Communications and Information Technology for the Technology sector Mr. Ibrahim Al-Nasser; the Deputy Governor of the Communications and Information Technology Commission for the Information and Emerging Technologies’ sector Mr. Raed Al-Fayez; Deputy Governor For Development and Technology at Saudi Central Bank, Mr. Ziad Al-Yousef; and the Deputy Strategy & International Affairs at Capital Market Authority, Mr. Yazeed AlDemaigi.
The agreement solidifies the integration between the Digital Government Authority and the Saudi Central Bank, to support SMEs, fintech companies and entrepreneurs to boost innovation and diversity of products and services through digital platforms, and increase the contribution of the digital government services to the national economy, in line with the goals of Saudi Vision 2030. The agreement was signed by the CEO of sirar by stc, Eng. Fahad Al-Jutaily, and the designated General Manager of the Fintech Saudi initiative, Mr. Nezar AlHaidar. Under the agreement, sirar by stc will offer a digital signature service package discounted by 60% that will benefit SMEs, fintech companies and entrepreneurs.
The Deputy Governor for Regulation and Digital Trust in the Digital Government Authority, Eng. Faris AlRabadi explained that this agreement aims to promote digital trust services, which contributes to improving the user’s experience, ensure that electronic transactions are conducted with high reliability and promote digital transformation in the Kingdom.
The Deputy Governor of the Saudi Central Bank for Development and Technology, Mr. Ziad Al-Yousef, stated that this agreement will contribute to the development of the fintech sector in the Kingdom, facilitate business in the financial sectors, enhance cooperation and coordination, and keep pace with global developments to achieve the aspirations of Saudi Vision 2030. The digital signature service allows users to digitally sign documents from anywhere at any time, while ensuring reliability, authentication and security.
