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HomeBusinessMarhaba and DEC Forge Key Blockchain Alliance

Marhaba and DEC Forge Key Blockchain Alliance

Strategic Partnership Bolsters Saudi Digital Economy

May 10, 2024
in Business, Vision 2030
Reading Time: 1 min read
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RIYADH, SAUDI ARABIA – The tech landscape in Saudi Arabia takes a significant leap forward as Marhaba Blockchain Information Systems (MRHB), a leader in web3 Infrastructure, announces a strategic partnership with the nation’s revered Digital Economy Centre (DEC). This alliance is poised to enhance Distributed Ledger Technology (DLT) and Artificial Intelligence (AI) initiatives, in line with the objectives of the ambitious Vision 2030.

Innovative Initiatives Ahead
MRHB’s founder, Naquib Mohammed, expressed enthusiasm about the collaboration, which opens up avenues for blockchain solutions within the public sector. DEC’s CEO, Dr. Hasan Al Ameer, also highlighted the partnership’s potential to introduce MRHB’s cutting-edge products and services to Saudi businesses, noting the platform’s unique Shariah compliance as a key advantage for the Kingdom.

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A Visionary Future
With a shared commitment to Vision 2030’s tech-forward goals, both MRHB and DEC are actively seeking out projects that can drive innovation in Saudi Arabia. This partnership marks an important step toward realizing a thriving digital economy in the Kingdom.

About MRHB: Marhaba Blockchain Information Systems is revolutionizing the decentralized finance space with ethical, Shariah-compliant solutions, including the Sahal Wallet and other innovative services.

About DEC: Situated in Riyadh, the Digital Economy Centre is at the helm of Saudi Arabia’s digital transformation, aligning its efforts with Vision 2030’s directives.

Tags: Blockchain PartnershipDECMarhaba BlockchainSaudi Vision 2030Shariah-compliant technology
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