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Saudi Arabia making remarkable progress in high-tech shift

Saudi Arabia making remarkable progress in high-tech shift
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Prioritize global cooperation over individual national efforts to bridge digital divide, says Deemah AlYahya, Saudi head of Digital Cooperation Organization

DUBAI: For billions worldwide, the internet has become a vital part of daily life, with two-thirds of the world using it. Aside from communication with friends and family, the World Wide Web has established itself as the new economic platform and the volume of global e-commerce is growing by leaps and bounds every year. Research by the Digital Cooperation Organization, an

Offering instant invoice financing to small and medium enterprises

RIYADH: Osama Al-Raee has been the co-founder and CEO of Riyadh-based fintech firm Lendo since July 2019. Lendo offers instant invoice financing to small and medium enterprises (SMEs) through its Shariah-compliant lending platform. The offering helps SMEs manage their immediate cash flow. Lendo offers loans by connecting SMEs with investors in its marketplace. He is also the

Who s Who: Deemah Al-Yahya, secretary-general of the Digital Cooperation Organization

Deemah Al-Yahya was recently appointed as the first secretary-general of the Digital Cooperation Organization (DCO). The international body, founded by Bahrain, Jordan, Kuwait, Pakistan, and Saudi Arabia, aims to achieve prosperity, social stability, and growth of the digital economy by unifying efforts to advance digital transformation. Al-Yahya is the founder and chief executive officer of ALMTD Consulting, a specialized company offering advisory services on digital innovation strategies, corporate venture building, and large-scale conceptualization. She is also CEO and founder of Women Spark, the first Saudi women’s angel investment network, which has trained more than 26,000 women in the technology industry since its inception in 2013.

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