e& enterprise spotlights efforts in driving digitization across KSA

Senior leaders from e& enterprise, KAFD and IDC attended the event.
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Updated 12 March 2024
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e& enterprise spotlights efforts in driving digitization across KSA

e& enterprise reaffirmed its commitment to accelerating Saudi Arabia’s digital future during an exclusive gala dinner held in partnership with King Abdullah Financial District and International Data Corporation. With more than 150 executives across industries in both public and private sectors in attendance, the event provided a platform for e& enterprise to showcase its unique offerings and expertise in supporting Saudi Vision 2030.

During the event, senior leaders from e& enterprise, KAFD and IDC, delved into the current state of the Kingdom’s digital landscape, exploring e& enterprise’s investments in the region and its contribution to advancing the objectives of Vision 2030. Additionally, they examined the impact of e& enterprise’s partnership with KAFD and how its technology solutions are empowering organizations to drive innovation intelligently within the country.

The wide-scale adoption of technologies such as artificial intelligence, analytics, and the Internet of Things is fueling digitization in the Kingdom. As a trusted technology partner committed to crafting turnkey solutions, e& enterprise is focused on empowering organizations with compelling innovations to help them maximize the value and overcome challenges associated with digital investments.

Salvador Anglada, CEO, e& enterprise, said: “Saudi Arabia is an important market for e& enterprise. With its ambitious Vision 2030 and companies eager to embrace digital advancements, we recognize the immense potential in supporting the nation’s progress toward this ambitious agenda. By bringing advanced technology solutions, such as AI, the IoT, intelligent automation and cloud, e& enterprise is well-positioned to enable the Kingdom’s vision as a thriving digital economy.”

Gautam Sashittal, CEO of KAFD Development and Management Company, said: “Saudi Arabia’s digital landscape is undergoing a monumental transformation, akin to a renaissance, that will not only redefine its economic landscape but also fundamentally reshape the lives of its people. At the forefront of this journey lies the visionary force of companies like e& enterprise, spearheading the Kingdom’s revolutionary tech space and driving its digital transformation. We are incredibly eager to witness how this unfolds, particularly in the context of smart cities and with technologies like the IoT, data analytics, AI, and cloud computing holding immense potential to reshape the urban landscape and improve some quality-of-life indicators by as much as 30 percent.”

Saudi Arabia is positioned for remarkable growth, with IDC forecasting the Saudi IT services market to surge to a value of $6.4 billion by 2027. In response to this burgeoning landscape, e& enterprise is dedicated to propelling the country’s ascent as a global digital powerhouse.

Tareq Alangari, CEO, e& enterprise Saudi Arabia, said: “Our mission is to unleash the full potential of digital transformation to benefit both public and private sector organizations across the Kingdom. By developing and deploying emerging solutions such as AI, IoT, cloud, and cybersecurity innovations, we advance national priorities like efficiency, sustainability, and economic growth. We’re committed to maximizing our contribution to Saudi Vision 2030 through strategic investments and empowering the local digital workforce.”

e& enterprise is spearheading the development of a state-of-the-art smart contact center, slated to employ more than 350 Saudis. Strategically located on King Abdullah Road and scheduled to open in Q2 2024, the facility will span a total area of 2,400 square meters and boast cutting-edge technology to deliver exceptional customer support services.

The company’s customer experience practice, engageX, also secured crucial licenses from the Communications and Information Technology Commission, including an SMS license and a contact center license, opening avenues for substantial opportunities in the Kingdom.

Moreover, aligned with the Kingdom’s sustainability goals and the Saudi Green Initiative, e& enterprise forged a strategic alliance with the Saudi stock exchange. The partnership will see e& enterprise spearhead sustainability efforts within the Saudi capital market.


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.