Aramco, AEC to develop Kingdom’s first data diode

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Updated 01 March 2020
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Aramco, AEC to develop Kingdom’s first data diode

Saudi Aramco and the Advanced Electronics Company (AEC) have signed an agreement for the joint development and manufacturing of the data diode, a first-of-its-kind cybersecurity device in the Kingdom. The agreement took place in conjunction with the fifth edition of the In-Kingdom Total Value Add Program for the Supply Sector (IKTVA), organized at the Dhahran International Exhibition Center (Dhahran Expo) in Alkhobar on Feb. 24 and 25.
The data diode is an important cybersecurity tool used to protect networks of vital establishments from cyberattacks and prevent any external penetration, thereby protecting valuable information and sensitive industrial systems. The device is characterized by its easy installation, configuration, and maintenance, and its data processing speed reaches 10 GB per second.
Saudi Aramco Vice President of Information Technology Youssef Al-Olayan said: “The fact that this device is being developed and manufactured locally and that Saudi Aramco is registering two patents with the United States Patent and Trademark Office represents a major transformation in the field of cybersecurity. The fruitful collaboration between Saudi Aramco and AEC is a great step in the process of localizing advanced technologies that meet the needs of local and global markets.”
Al-Olayan described IKTVA as one of the most prominent Saudi Aramco initiatives in driving the localization of industries and services and the enhancement of local content. Under the umbrella of IKTVA, the announcement of the launch of the local product is a fulfillment of the Kingdom’s key objectives to localize technologies and achieve self-sufficiency, in addition to building a solid foundation for future cooperation between companies locally.
AEC CEO Abdul Aziz Al-Duailej said: “This agreement expresses and strengthens the depth of cooperative relations between both companies by achieving national accomplishments that help protect the Kingdom’s assets from sabotage, cybersecurity threats, and foreign attacks.”
Al-Duailej added that the data diode ensures the safe transmission of data to provide the highest levels of security for enterprise networks. He noted that it has been developed and manufactured by local talents, as it is one of AEC’s strategic objectives in the field of cybersecurity to realize the Kingdom’s Vision 2030.
Organized by Saudi Aramco, IKTVA hosts local and international energy supply chain companies, including AEC. It attracts influential executives and global industry leaders.

 

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Data Diode

The data diode is an important cybersecurity tool used to protect networks of vital establishments from cyberattacks and prevent any external penetration, thereby protecting valuable information and sensitive industrial systems.


25,000 attend Social Development Bank’s DeveGO25 forum

Updated 27 December 2025
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25,000 attend Social Development Bank’s DeveGO25 forum

The Social Development Bank concluded the second edition of the Entrepreneurship and Modern Business Practices Forum — DeveGo 2025 — announcing the achievement of high-impact outcomes that further reinforced the forum’s position as the largest national platform in the region dedicated to entrepreneurship, innovation, and freelance work in Saudi Arabia and beyond. 

The forum witnessed broad participation from local and international experts, investors, entrepreneurs, and representatives of local, regional, and international institutions.

Over three days at the King Abdulaziz International Conference Center, the forum drew 25,000 participants and visitors, who benefited from over 45 specialized workshops and over 2500 advisory sessions delivered by more than 70 consultants and experts. 

The sessions covered key areas including entrepreneurial planning, business models, venture capital, digital platforms, freelancing, and emerging technologies. 

The forum also featured 20 panel discussions with leading local and international speakers, addressing major global trends in entrepreneurship, including the future of artificial intelligence, the creative economy, digital transformation, and venture investment. 

The forum saw the launch of the Saudi Empretec Fellowship, in the presence of Rebeca Grynspan, secretary-general of the UN Conference on Trade and Development. 

The partners in success within the Social Responsibility Portfolio supporting entrepreneurs were honored. 

It also saw the honoring of 13 winners of the Handicrafts Competition, representing various regions of the Kingdom, the announcement of winners of the Salam Award for Promising Projects, and the recognition of leading entrepreneurial projects fund under the Enterprises Track. 

In addition, the NEXT UP Challenge concluded on the third day of the forum with 20 startups presenting their projects to more than 500 investors, enhancing opportunities for networking and partnership building.

As part of efforts to strengthen the support ecosystem, the forum witnessed the signing of 51 agreements, along with the launch of a suite of new financing products. These included the Capital Expansion Product with a ceiling of up to SR10 million, the Payroll Product with a ceiling of SR2 million, and the Rental Product with a ceiling of SR1.5 million, aimed at supporting enterprises in asset development and covering operational costs. 

This reflects the bank’s direction toward offering more specialized financing tools that respond effectively to market needs.

The forum concluded by reaffirming its role as a unifying national platform for entrepreneurship, where accompanying activities and events provided direct engagement opportunities between entrepreneurs, investors, and experts. 

The forum also highlighted success stories and practical experiences that reflect the scale of entrepreneurial momentum in the Kingdom and the growing role of the Social Development Bank in supporting a national economy driven by innovation and knowledge.