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Home Business

FPT and THIQAH Partner to Drive Digital Transformation in Saudi Arabia

News Desk by News Desk
November 4, 2024
FPT and THIQAH

FPT has signed a MoU with THIQAH, a provider of smart business solutions in Saudi Arabia, to explore joint business opportunities and deliver digital solutions to various industries in the Kingdom, supporting the nation’s ambitious Vision 2030 goals.

The partnership signing ceremony was witnessed by Vietnam Prime Minister Pham Minh Chinh and senior executives from FPT and THIQAH.

FPT Middle East recently achieved the Regional Headquarters license for its operations in Saudi Arabia and the Middle East.

Together, the two companies will offer innovative, tailored digital solutions to meet the growing demand for technology-driven efficiency and operational excellence.

The partnership will focus on enhancing Saudi Arabian businesses across key industries through cutting-edge technology, such as artificial intelligence, automation, and data analytics, to drive operational improvements and enable sustainable growth.

Saudi Arabia is one of Vietnam’s key economic partners in the Middle East, with bilateral trade reaching 2.21 billion USD in the first nine months of 2024.

Rimah Ghaddar, Chief Executive Officer of FPT Software Middle East, stated: “Through our partnership with THIQAH, we achieve a synergy between our global expertise and the  Kingdom’s ambitious vision. This collaboration not only supports business growth but also advances the future of technology in the region, strengthening the bonds between our two countries.”

Ayman Al Fallaj, Chief Executive Officer of THIQAH, stated, “We are proud of our partnership with FPT Group to enhance digital transformation in the region, which reflects our leadership in delivering smart solutions that meet modern demands. This partnership is not only a step toward accelerating technological development within the Kingdom and achieving operational efficiency across sectors, but it also opens the door for exporting our smart solutions and enhancing our regional and global presence. At THIQAH, we are committed to supporting Saudi Arabia’s Vision 2030 through innovation and strategic partnerships, strengthening relations between Saudi Arabia and Vietnam, and opening new horizons for technological cooperation.”

Also Read: GenAI is a double-edged sword for Defence and Offense in cybersecurity

News Desk

News Desk

by CXO VOICE team members, [email protected]

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