Treasury
Mohammed Saud Al-Eid
Mohammed Saud Al Eid has over 22 years of proven success leading treasury and financial operations.
Article written by Mohammed Saud Al-Eid | 5 months ago | 5 min read
Last updated: May 21st, 2026
Insights on fintech adoption in Saudi Arabia
Please provide an overview of finance technology adoption in Saudi Arabia.
Nowadays, you can't run any business without having proper finance technology tools. Fintech has become the backbone for any organization. Business Intelligence, Artificial Intelligence, Robotic Process Automation, and Blockchain are the most widely adopted tools across various sectors of the Saudi economy.
What is fuelling adoption?
The Saudi vision was the primary driver of the FinTech boom, enabling companies to provide solutions that meet clients' expectations and goals, including digital payment platforms, lending and credit crowdfunding platforms, and Insurtech.
How can the government overcome challenges?
The government started with a solid base, developing the fintech ecosystem derived from the Financial Sector Development Program. It is worth noting that the number of fintech companies has increased from 20 seven years ago to around 200 today.
Be the first to receive exclusive industry insights, expert interviews, event updates, and career opportunities — delivered straight to your inbox.
FP&A is evolving fast. Technology, volatility, and shifting markets demand smarter forecasting and sharper financial decision-making.
December, 2025
Building financial acumen across all teams boosts smarter decisions, alignment, and resilience, giving organizations a strong competitive edge.
September, 2025A deep dive into why MEA treasurers must upskill, get certified, and embrace AI, real-time reporting, and risk managemen...
A practical guide to MEA treasury careers — rising demand, buy-side vs. sell-side realities, and the certifications that...