Who’s Who: Saleh Al-Furaih, CEO of SNB’s Digital Ventures and Payments Co.

Saleh Al-Furaih
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Updated 14 March 2024
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Who’s Who: Saleh Al-Furaih, CEO of SNB’s Digital Ventures and Payments Co.

Saleh Al-Furaih was recently appointed CEO of the Saudi National Bank’s Digital Ventures and Payments Co.

The new company has been set up with the aim of expanding digital banking services and payments within the bank.

Al-Furaih has more than 25 years’ experience working in the financial sector and financial technology.

Prior to his appointment, he was CEO of financial technology at Sonomi Group and served as head of noon.com in Saudi Arabia, one of the largest e-commerce platforms in the region.

He also held the position of general manager of retail banking at Bank Albilad, as well as several leadership roles at Al-Rajhi Bank.

He gained a bachelor’s degree from King Fahd University of Petroleum and Minerals, a master’s degree from the University of Southern California in Los Angeles, and a Ph.D. from Newcastle University, all in the field of computer science.

On his new job, Al-Furaih pointed out the importance of converting strategic objectives into tangible results, highlighting the progress made by the Saudi National Bank in digital technology as part of its strategy to contribute toward meeting the goals of the Financial Sector Development Program, a key part of Vision 2030 aimed at enhancing the digital economy and supporting technological innovation in financial services.

He noted the requirement to keep pace with digital transformation and to meet the changing needs of customers.


Northern Borders rock art reveals ancient life

Updated 58 min 29 sec ago
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Northern Borders rock art reveals ancient life

  • Among the most notable remains are stone structures scattered northwest of Arar
  • Evidence ranges from the Neolithic era to Islamic times, forming a chronological record

JEDDAH: Saudi Arabia’s Northern Borders region contains numerous archaeological sites, reflecting a long history of human settlement dating back to early periods, the Saudi Press Agency reported.
Among the most notable remains are stone structures scattered northwest of Arar.
Varying in shape, size and design, specialists believe these structures date to the end of the Neolithic period and the beginning of subsequent eras. They are thought to have been used as stone tombs to preserve the remains of the dead.
Evidence ranges from the Neolithic era to Islamic times, forming a chronological record that highlights the diversity of communities that once lived in the region and how they interacted with their natural environment over centuries.
Ajab Al-Otaibi, director general of antiquities at the Heritage Commission, said the stone structures and rock art sites in the Northern Borders region represent an integral part of Saudi Arabia’s national cultural heritage and serve as an important resource for archaeological studies and scientific research.
He highlighted the importance of surveys, documentation and protection efforts to preserve these cultural landmarks as a historical legacy for future generations.
The region is also home to several important rock art sites, such as Shu’ayb Hamer, which features a wide and diverse collection of drawings carved on natural rock surfaces, marking it as a key site that documented early human activity in the area.
The artworks depict scenes of hunting, horsemanship, dancing, daily life and social rituals. They were created using a variety of artistic styles, most notably framed and abstract forms, and produced through different techniques including incizing and pecking, both direct and indirect.
The carvings portray human figures and a range of animals, including camels, horses and gazelles, as well as some wild and predatory species that have long since disappeared.
These images provide insight into the richness of the natural environment in earlier periods and help researchers understand the evolving relationship between humans and their surroundings.