SAMI-AEC Signs Cooperation Agreement with NUPCO

SAMI-AEC Signs Cooperation Agreement with NUPCO
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SAMI-AEC Signs Cooperation Agreement with NUPCO

SAMI-AEC Signs Cooperation Agreement with NUPCO

SAMI Advanced Electronics Company (SAMI-AEC), a wholly owned subsidiary of SAMI, said in a press release that it signed a cooperation agreement with the National Unified Purchasing Company (NUPCO), a PIF company, on May 27, 2024.
As per the agreement solutions will be provided for tracking medication, and IT infrastructure, and local content will increase through medical device manufacturing and maintenance, SPA reported.
The partnership, said the release, demonstrates SAMI-AEC’s unremitting efforts to build a harmonious healthcare system applicable in Saudi Arabia, based on digital technologies.
SAMI-AEC CEO Eng. Ziad Al-Musallam said: “We are pleased and honored to collaborate with NUPCO, as this agreement underscores the unwavering commitment of both entities to bolstering efforts aimed at enhancing the healthcare ecosystem in Saudi Arabia. At SAMI-AEC, we firmly believe in the significance of augmenting public health services through digital solutions and delivering e-health services. This involves integrating effective, fast technologies to empower the healthcare sector, in line with the objectives of Saudi Vision 2030."
NUPCO CEO Fahd Al-Shibl said the agreement will play an important role in strengthening the healthcare infrastructure and facilitating access to the integrated technology offered by SAMI-Advanced Electronics Company.



SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia
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SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

SAMA, Google Sign Agreement to Launch Google Pay in Saudi Arabia

The Saudi Central Bank (SAMA) and Google have signed an agreement to introduce Google Pay in Saudi Arabia during 2025 through the national payment system mada, according to a press release from SAMA.
This agreement aligns with SAMA’s ongoing efforts to enhance the Kingdom’s digital payments ecosystem as part of Saudi Vision 2030.

According to SPA, it underscores SAMA’s commitment to developing a robust digital payments infrastructure, facilitating the transition to a less cash-dependent society by offering advanced digital payment solutions that meet international standards.
Google Pay will provide users with an advanced and secure method for making purchases in stores, apps, and on the web. Users will also be able to conveniently add and manage their cards within Google Wallet.
This initiative is part of a broader series of solutions aimed at meeting market demands and strengthening Saudi Arabia’s position as a global leader in FinTech.