In another significant step to drive cashless payments in the Kingdom of Saudi Arabia, Saudi Post, the Kingdom’s public postal services entity, and Mastercard, a leading technology company in the global payments industry, have announced a collaboration aimed at driving and enabling card payment acceptance for Saudi Post customers across physical in-store as well as online channels. As part of the collaboration, Mastercard’s professional services arm — Mastercard Advisors — will provide consultation services to Saudi Post.
Dr. Usamah Altaf, Acting President and CEO, Saudi Post, said that the recent surge in e-commerce transactions in the Kingdom makes the collaboration a vital and timely move. “The payment landscape in the Kingdom is witnessing a strong increase in e-commerce transactions, driven by the vast growth of e-government and e-commerce initiative. A growing number of customers now prefer to have their items shipped from other parts of the world, and many prefer paying by card. Our collaboration with Mastercard Advisors will help us strengthen our cashless infrastructure and stay at pace with this rapidly evolving segment of e-commerce and electronic payments.”
This will, in turn, contribute to the efficiency of our operational model and help us enhance the overall customer experience.”
Khalid Elgibali, Division President for Middle East and North Africa, Mastercard, said: “Mastercard is committed to working closely with key partners in the Kingdom of Saudi Arabia to drive cash displacement and expedite the adoption of cashless transactions across all payment channels. Mastercard Advisors has a proven record in helping organizations optimize transaction data, deepen their understanding of consumer behavior and boost business growth. We are excited to leverage the market insights and intelligence of Mastercard Advisors to crystallize opportunities in electronic payments and thereby enhance customer satisfaction for Saudi Post customers.”
Mastercard is committed to empowering organizations by harnessing its innovative technology, and achieving shared goals of driving greater economic value and customer satisfaction. It continues to look for new opportunities in the region where its deep expertise and informed advice can expedite companies in their journey towards a 'World Beyond Cash'.
Saudi Post join hands with Mastercard for in-store and online card acceptance
Saudi Post join hands with Mastercard for in-store and online card acceptance
Alfanar Engineering signs MoU with Schneider Electric Saudi Arabia
Alfanar Engineering Services announced the signing of a strategic MoU with Schneider Electric Saudi Arabia during its participation in the Saudi Arabia Smart Grid Conference. Both Schneider Electric and Alfanar Engineering have committed to further enhancing operational excellence and customer-centric service delivery thereby ensuring long-term asset reliability of their clients in the Kingdom.
Alfanar Engineering brings to the collaboration a strong in-Kingdom service footprint, supported by extensive operations and maintenance capabilities, advanced testing and commissioning equipment, and a network of specialized service centers and labs strategically located across Saudi Arabia. These capabilities enable the delivery of responsive, high-quality technical support tailored to the needs of critical infrastructure and industrial operations. Schneider Electric, with its extensive installed base of energy management and automation solutions, plays a key role in supporting mission-critical facilities and national industries across the Kingdom.
The collaboration was signed by Sattam Al-Motairi, chief operating officer of Alfanar Engineering Services, and Mohamed Shaheen, cluster president — Saudi Arabia, Schneider Electric. It brings together Alfanar’s local operational expertise and service reach with Schneider Electric’s global technologies and service standards. Together, the two companies will enhance service reliability, improve response efficiency, and deliver greater value through sustainable solutions that optimize asset lifecycles. The MoU also supports the development of localized technical services, contributing to the Kingdom’s objectives for sustainable infrastructure, localization, and industrial resilience.
Al-Motairi said: “At Alfanar Engineering Services, we believe that true value is created long after equipment is installed, through reliable service, fast response, and teams that understand the realities of the field. This collaboration with Schneider Electric enables us to enhance the delivery of after-sales services across the Kingdom, combining deep local expertise with world-class technology. Our focus is clear: keeping critical operations running, supporting our customers’ long-term success, and contributing meaningfully to Saudi Arabia’s industrial and infrastructure ambitions.”
Oday Al-Aithan, vice president of field services for Schneider Electric in Saudi Arabia, Pakistan, Yemen, and Bahrain, said: “At Schneider Electric, we are turning advanced energy management and digital solutions into tangible outcomes through our partnership with Alfanar Engineering Services. By combining our integrated technologies, extensive installed base, and global expertise as a leading energy technology partner with Alfanar’s strong in-Kingdom field services, we deliver smarter, faster, and more reliable solutions that optimize asset performance, accelerate response times, and support resilient, sustainable infrastructure, contributing to the Kingdom’s Vision 2030.”
