Money20/20 Middle East Hosts Largest Fintech Summit in Saudi Arabia

Saudi Arabia is rapidly advancing its digital transformation and economic diversification efforts aligned with Vision 2030, emphasizing technology adoption, fintech growth, and workforce development. Initiatives such as New Era Technology's SAP solutions help Middle Eastern businesses improve efficiency and productivity, while national leaders like Ghassan Brinji drive large-scale digital programs with strong governance frameworks. The fintech sector is booming, exemplified by the upcoming Money20/20 Middle East event in Riyadh, which will gather thousands of global financial innovators to support the Kingdom's goal of expanding fintech firms and job creation. Workforce development programs, including the UAE's Maharaty Training Programme, focus on equipping nationals with practical and soft skills to meet the needs of dynamic industries like tourism and entertainment. Experts highlight that young Saudi talents require a mix of digital, technical, and entrepreneurial skills—such as AI, data analytics, financial literacy, and innovation—to thrive in the evolving business landscape and reduce reliance on oil revenues. Collectively, these efforts illustrate a broad regional commitment to fostering sustainable growth through technology, education, and strategic partnerships.