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.

 

 


German Minister of Economy and Energy visits Juffali Industrial Business Park in KAEC

Updated 09 February 2026
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German Minister of Economy and Energy visits Juffali Industrial Business Park in KAEC

Juffali recently welcomed German Federal Minister of Economy and Energy Katherina Reiche, during an official visit to the Juffali Industrial Business Park in King Abdullah Economic City, in the presence of Khaled Juffali, chairman of Juffali, and senior executives. The visit, on Feb. 2, marks a significant milestone in strengthening Saudi–German industrial cooperation.

Covering a total land area of 400,000 square meters, the business park serves as a strategic platform for advanced manufacturing and industrial localization in the Kingdom. The visit highlighted key joint industrial projects developed in collaboration with leading global partners, reflecting a shared commitment to long-term investment, technology transfer, and local value creation.

The official program included welcoming remarks and ceremonial milestones, during which Liebherr laid the foundation stone for its factory, while Juffali Industrial Products Company and National Automobile Industry placed the cornerstone for their manufacturing facility, symbolizing the advancement of two flagship industrial projects within the business park.

The Juffali Industrial Products Company and National Automobile Industry facility will have an annual production capacity of 6,000 trucks, while Liebherr’s plant is designed to produce up to 1,000 concrete mixers annually. Both facilities will operate with 100 percent local assembly and manufacturing in Saudi Arabia, reinforcing the Kingdom’s localization agenda and supporting the development of national industrial capabilities.

These projects represent a significant addition to Saudi Arabia’s industrial ecosystem and align closely with the objectives of Saudi Vision 2030, supporting sustainable industrial growth, job creation, and high-value manufacturing.

Khaled Juffali reaffirmed Juffali’s commitment to expanding international partnerships and contributing to the Kingdom’s economic diversification through long-term industrial collaboration with leading global partners, further strengthening KAEC’s position as a regional hub for advanced manufacturing.