Riyad Bank’s digital innovation branch, Jeel, has announced a collaboration with Google Cloud to enhance digital services in Saudi Arabia.
The partnership focuses on AI, data analytics, and scalable cloud computing solutions.
The collaboration aims to support digital transformation across both financial and non-financial sectors.
By combining Jeel’s financial expertise with Google Cloud’s AI-driven technology and cloud infrastructure, financial institutions will be able to modernise their operations, scale efficiently, and introduce new services more rapidly.
Additionally, the partnership will help institutions meet regulatory requirements set by the Saudi Central Bank (SAMA) while maintaining innovation.
George Harrak, CEO of Jeel, stated:
“This partnership brings together cutting-edge cloud infrastructure with advanced AI capabilities, enabling the creation of tailored digital solutions that address the evolving needs of the Saudi market. With a strong focus on accelerating digital transformation across financial services, fintech, and other industries, we aim to empower organisations with the tools they need to thrive in the rapidly changing digital landscape.”
Bader Almadi, Saudi Country Manager at Google Cloud, said:
“This collaboration with Jeel represents a major advancement for the financial sector in Saudi Arabia. By integrating Google Cloud’s secure, scalable, and AI-powered solutions with Jeel’s financial expertise, we are empowering financial institutions to accelerate their digital transformation. This will enable them to create innovative, customer-centric financial products and services, enhance operational efficiency, and meet the stringent regulatory requirements of SAMA while fostering a more dynamic and competitive financial landscape.”
The partnership will enable businesses to scale seamlessly while complying with local regulations.
By leveraging cloud technology, it aims to support efficiency and innovation across multiple industries in Saudi Arabia.
Featured image credit: Jeel
