Riyadh to Host the 24 Fintech Conference in September

The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center
The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center
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Riyadh to Host the 24 Fintech Conference in September

The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center
The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center

Riyadh will host next month the 24 Fintech Conference, the first edition of the international conference specialized in the financial technology sector.

The conference will take place from September 3 to 5 at the Riyadh Front Exhibition & Conference Center, hosted by the Financial Sector Development Program, the Saudi Central Bank (SAMA), the Capital Market Authority, and the Insurance Authority.

The conference is organized by Fintech Saudi and Tahaluf, a joint project between the Saudi Federation for Cybersecurity, Programming and Drones, Informa PLC, and the Events Investment Fund.

The 24 Fintech Conference is set to focus on supporting the thriving financial technology community and review a number of specialized topics to develop the global banking and financial services sector, which includes AI, machine learning in financial operations, integrated finance, the development of open banking services, and green finance, to inspire regulators, policymakers, investors, technology experts, entrepreneurs and academics to advance cooperation in the financial technology sector.

The 24 Fintech Conference aims to make a mark in the financial technology sector. It designates a space to support startups and investors under the "FinTech Innovation Center," which includes the best 80 modern and innovative startups and more than 200 investors.

The conference integrates with Saudi Arabia's orientations to enhance the prosperity of the entrepreneurship system and support startups and its efforts to become one of the booming financial technology centers in the Middle East and North Africa region, in line with the goals of Saudi Vision 2030 in developing the sector.



Contracts Awarded to Implement 1st Phase of Developing Riyadh Road Network

The Royal Commission for Riyadh City (RCRC) headquarters. Photo: RCRC website
The Royal Commission for Riyadh City (RCRC) headquarters. Photo: RCRC website
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Contracts Awarded to Implement 1st Phase of Developing Riyadh Road Network

The Royal Commission for Riyadh City (RCRC) headquarters. Photo: RCRC website
The Royal Commission for Riyadh City (RCRC) headquarters. Photo: RCRC website

The Royal Commission for Riyadh City (RCRC) has awarded four road development contracts worth SR13 billion ($3.46 billion) as part of the first phase of the program to enhance the capital city’s transport network.

The Board of Directors of the commission announced on Thursday that the first phase of the program aims to develop the axes of the main and rings roads and link them to provide sustainable transport and logistics services in the city.

The four projects are as follows:

1. The building of a second southern ring road that extends 56 kilometers from the new Al-Kharj Road in the east to the Jeddah Road in the west. It will include four lanes for the main road in each direction and three lanes for the service road in each direction. The road will have 10 main intersections and 32 bridges.

2. Building two bridges parallel to the cable-stayed Wadi Laban Bridge and developing a 4km intersection of the western ring road with Jeddah Road. Four bridges at the intersection of the western ring road with Jeddah Road will also be built.

3. Developing the western part of the axis of Al-Thumama Road, measuring 6km, that extends from King Khalid Road in the west to King Fahd Road in the east. The construction of two main bridges and three tunnels.

4. Lengthening the Taif Road in the Laban neighborhood by 16km so that it extends to the Qiddiya Project.

In order to maintain the highest degree of traffic flow on the roads that will witness the implementation of these projects, the RCRC has developed a plan to manage traffic diversions on these roads, in partnership with the relevant authorities in the city.