We are pleased to announce the signing of a Memorandum of Understanding with the Digital Government Authority (DGA), that aims to enable technology founders and ventures to leverage digital government assets and unlock further value in the digital economy.
Saudi Arabia has one of the most digitized government services in the world. As tech investors, we have observed an opportunity to unlock the growth potential of innovative business models through enabling access to different digital assets in the public sector. Through this partnership, we aim with the Digital Government Authority to work together on identifying opportunities and enablers for the private sector, and in particular emerging companies, to utilize this advanced infrastructure. A prime example of this enablers is the opening and regulating of APIs to access different government digital assets and build added-value products and services which creates more value in the digital economy.
We are proud of this partnership with DGA, as it’s one of our steps to empower entrepreneurs and enable more growth of the startup ecosystem in the Kingdom and the region.