In a future-forward move, Alinma Bank has teamed up with Dell Technologies, diving headfirst into the digital era with their newly signed memorandum of understanding (MoU). It all went down at the 24 Fintech Summit in Riyadh, where Mohammed Talaat of Dell and Yaser Alofi from Alinma made it official. The aim? To turbocharge the Saudi bank’s digital game with state-of-the-art solutions ranging from cloud tech to AI. With Dell’s cutting-edge IT infrastructure and cybersecurity enhancements now in the mix, Alinma is clearly positioning itself for a tech-driven leap forward.
Dell APEX, the star of the collaboration, is bringing the ‘as-a-service’ model to the forefront. It’s all about scaling with ease and paying for what you use—nothing more, nothing less. This partnership promises to deliver flexibility, consistent performance, and an effortless IT experience for the bank. Alinma, established in 2006, already has a reputation for being innovative in the world of Shariah-compliant banking, and this new chapter with Dell feels like the perfect tech-fueled upgrade for the institution.
Yaser Alofi couldn’t be more thrilled, calling the partnership a crucial piece in the bank’s long-term puzzle. For Alinma, it’s not just about keeping up—it’s about leading the charge in the financial world. Meanwhile, Dell’s Talaat sees Saudi Arabia’s banking sector at a turning point, and with this collaboration, he’s positioning Dell as a key player in the transformation. Both companies are primed for big things, riding the wave of innovation that’s sweeping through the industry.
(Source: Zawya | Economy Middle East)