Tech companies form regional alliance, eye presence in KSA

Belgian Ambassador to Saudi Arabia Dominique Mineur, center, with officials of Barco and Mindware. (Photo Supplied)
Updated 10 April 2019

Tech companies form regional alliance, eye presence in KSA

RIYADH: In a bid to expand its presence in the Middle East, Belgian global technology company Barco has entered into a partnership with Mindware, a regional value-added distributor of IT solutions.

“This is very good news, and I’m happy to see Barco and Mindware joining forces and be present in the Saudi market,” said Dominique Mineur, Belgian ambassador to the Kingdom.

The Vision 2030 reform plan “is very important in the development of Saudi Arabia, but also in terms of opportunities for different businesses,” she added.

Ramzi Itani, Barco’s vice president for the Middle East and Africa, and Nicholas Argyrides, Mindware’s general manager for the Gulf, signed a contract formalizing the partnership.

The agreement includes hosting workshops and events to promote collaboration across target markets, starting with Saudi Arabia and the UAE.

“We are committed to building synergies in Saudi Arabia and across the region that help us benefit from the growing opportunities within the enterprise market,” said Itani.

“At Barco, we plan to continue working toward building strong relationships with partners in the country, both to strengthen its current positioning as well expand its base further into the market.”

Argyrides said: “Digital transformation is leading the GCC (Gulf Cooperation Council) region, particularly Saudi Arabia, into a new era of operational efficiency and growth, especially in the ICT (information and communications technology) sector.”

He added: “Mindware is well positioned to deliver our brand promise across the region’s IT distribution channels.”

Finance officials meet to map out Saudi Arabia’s budget plans

Updated 19 April 2019

Finance officials meet to map out Saudi Arabia’s budget plans

  • Finance representatives of 150 government bodies meet for the Budget Forum 2020

RIYADH: Saudi finance chiefs have kicked off a major conference in the capital aimed at mapping out the Kingdom’s budget requirements.
Around 300 specialists representing 150 government bodies met at the InterContinental hotel in Riyadh for the Budget Forum 2020.
Minister of Finance Mohammed Al-Jadaan welcomed delegates to the second edition of the gathering organized by the Saudi Finance Ministry under the slogan “Partnership and Empowerment.”
Al-Jadaan said the ministry was focused on “partnership and commitment,” and sought to share the challenge of developing an effective budget to achieve the Kingdom’s ambitious goals.
“We are also committed to empowering financial leaderships to learn about the ministry’s programs and projects and provide training and qualification opportunities to the best international standards,” he added.
The finance chief said the budget planning process required the collaboration of multiple authorities and a clear strategy based on transparency. 
Items up for discussion at the forum included financial planning in governmental bodies, automation, and the promotion of revenues and efficient spending.
Finance Ministry steering committee chairman, Abdul Aziz bin Saleh Al-Freih, stressed the importance of the forum in getting the ball rolling at an early stage on formulating a general state budget.
Workshops were held on the sidelines of the conference focused on empowering government organizations, and a training program on financial planning and income estimations was also staged.