24 Fintech to host govt officials, global finance leaders

The inaugural summit to address fintech regulation and governance, embedded finance, contactless payments, sustainability and green finance, and big data. (Supplied )
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Updated 02 September 2024
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24 Fintech to host govt officials, global finance leaders

As a new era of fintech advancement and adoption unfolds across Saudi Arabia, the inaugural edition of 24 Fintech — the country’s new financial services-focused summit and exhibition — will offer a stage to senior government officials and global leaders in the finance sector to address critical topics impacting transformation of the Kingdom’s finance industry.
Taking place from Sept.3-5 at Riyadh Front Exhibition & Conference Center, the landmark debut of 24 Fintech aims to solidify Saudi Arabia’s position as a global fintech leader.
The event will be hosted by the Financial Sector Development Program, Saudi Central Bank, Capital Market Authority, Insurance Authority, and is co-organized by Fintech Saudi and Tahaluf, a joint venture between Informa PLC, the Saudi Federation for Cybersecurity, Programming and Drones, and the Events Investment Fund.
With less than six weeks until the debut event, several high-level speakers are confirmed to discuss trending themes influencing the industry.
Mohammed Al-Jadaan, chairman of FSDP, has been confirmed as a speaker at 24 Fintech.
Throughout the three-day summit, attendees will hear from high-ranking government officials, including Mohammed ElKuwaiz, chairman of the Capital Market Authority; Abdulaziz AlBoug, chairman of the Insurance Authority; Eng. Naij Al-Faisal Al-Tamimi, CEO, Insurance Authority; Yazeed Alnafjan, deputy governor of financial innovation at the Saudi Central Bank; Yazeed AlDemaigi, deputy of strategy, research & international affairs, Capital Market Authority; and Nezar AlHaidar, CEO of Fintech Saudi.
Expected to attract over 26,000 attendees, 300 exhibitors, and 200 investors, 24 Fintech will feature 175 hours of expert-led content, positioning itself as one of the world’s leading fintech conferences.
Key topics include governance, risk and policy, cybersecurity, global interoperability, and innovation in payments.
24 Fintech will feature four stages hosting an array of keynotes, panel discussions, and industry announcements exploring investment opportunities, startups, technology, and academia.
The Futures Forum Stage will be a hub for academic and interactive discussions on blue-sky thinking, while the Fintech Fusion Stage will converge investment and innovation, providing a platform for founders and investors to share experiences.
The 24° Trends Stage will explore the latest trends and technologies reshaping finance.
Elsewhere, Startup Zone is a dynamic space for networking, pitching sessions, competitions, and demo showcases that will run parallel to the Investor Program — a venue for unearthing opportunities and making connections with visionary entrepreneurs.
“Fintech Saudi is thrilled to co-organize 24 Fintech, a pivotal event aimed at cementing Saudi Arabia’s position at the forefront of global financial services discussions. 24 Fintech is an important milestone in advancing the Saudi fintech industry and is consistent with our vision to position the Kingdom as a leading global Fintech hub,” said Alhaidar.
A major driving force in Saudi Arabia’s non-oil and digital-first economy, the fintech sector now accounts for nearly 20 percent of all venture investments into the Kingdom, explained Annabelle Mander, senior vice president of Tahaluf.

 

 


Aramco Digital to launch National Industrial Network on 450 MHz band

Updated 12 January 2026
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Aramco Digital to launch National Industrial Network on 450 MHz band

Aramco Digital, the digital and technology arm of Aramco, is preparing to launch its National Industrial Network operating on the 450 MHz spectrum, a network designed to enable secure, resilient, and high-reliability industrial communications across Saudi Arabia. The network has been engineered as a mission-critical industrial infrastructure to deliver high levels of security, flexibility, and reliability to meet the needs of industrial sectors. It provides wide-area coverage with advanced protection standards, supporting operational environments that require continuous performance and dependable connectivity for critical facilities and assets.

“The National Industrial Network has been designed to support the advanced operational requirements of modern industrial environments, aimed at enhancing efficiency, strengthening business continuity, and enabling a new class of highly reliable industrial communications. Together with next-generation mission-critical smart radios, the network aims to help build a future-ready industrial infrastructure that enables real-time data insights, supports industrial digital transformation, and aligns with the ambitions of Saudi Vision 2030,” said Nabil Al-Nuaim, Aramco Digital CEO.

Unlike public networks, the National Industrial Network has been purpose-built for industrial environments, enabling connectivity for critical assets, supply chains, logistics operations, and autonomous mobility systems. The network seeks to elevate smart industrial services, supporting real-time monitoring, automation, enhanced safety, and higher operational efficiency across industrial sectors.

As part of the launch, Aramco Digital plans to introduce an integrated portfolio of industrial digital solutions powered by the 450 MHz network. These include specialized connectivity packages tailored to diverse sector needs, along with a new generation of mission-critical smart radios designed specifically for industrial operations. The devices combine rugged high-performance design and industrial safety compliance with advanced artificial intelligence capabilities, enhanced sensing technologies, extended battery life, and real-time on-device data processing, helping improve accuracy, safety, and operational continuity in complex environments.

The network has also been designed to support a wide spectrum of industrial IoT applications, including asset condition and performance monitoring, fleet tracking, air-quality and environmental sensing, intelligent video monitoring, smart metering, lighting and infrastructure control, as well as mobility and fleet-management solutions. These capabilities enhance operational transparency, automation, and efficiency across both industrial and public sectors.

The National Industrial Network aims to help establish a strong technological foundation for Saudi Arabia’s next industrial phase, contributing to the objectives of Vision 2030 by delivering highly reliable, nationwide industrial connectivity that enables automation, intelligence, and advanced digital services across vital sectors. By developing connectivity solutions aligned with the needs of modern industrial operations, Aramco Digital is helping shape the future of mission-critical digital infrastructure in the Kingdom, moving beyond traditional telecommunications to enable continuous interaction between devices, machines, and AI-powered systems, and strengthening real-time decision-making through edge processing.

The 450 MHz National Industrial Network represents more than an improvement in coverage or performance. It is a strategic step toward smarter, more autonomous, and technology-driven industrial ecosystems that enhance operational excellence and set a new benchmark for advanced digital infrastructure in Saudi Arabia.

With the accelerating pace of digital transformation in the Kingdom, secure and reliable connectivity has become a fundamental pillar in supporting operational requirements and driving economic growth. Organizations across various sectors— including industrial sectors and those enabling future economies — are increasingly relying on advanced connectivity solutions and technologies to enhance safety and reliability, improve operational efficiency, and unlock new horizons for sustainable economic development.