Injazat Data Systems, a regional leader in information technology, which is wholly owned by Mubadala, signed an initial memorandum of understanding (MoU) with the Saudi company Elm, a leading provider of innovative digital solutions owned by the Public Investment Fund, to explore joint business opportunities in Saudi Arabia, UAE, and other markets. The agreement was signed by the two companies during their participation in GITEX Technology Week 2018, where Injazat presented its innovative services that contribute to the digital transformation in various institutions throughout the Middle East.
Dr. Abdulrahman Bin Saad Aljadhai, CEO of Elm, said that they are constantly developing innovative programs to enhance their expertise in providing leading digital services and technologies to the public and private sectors in Saudi Arabia, the Middle East, and North Africa in line with their efforts to develop the digital transformation process, with an emphasis on innovation and advanced technologies. He added that the agreement with Injazat, which has a vast experience in the UAE technology market, will provide new opportunities for advanced services at a regional level.
Aljadhai stressed that signing this agreement is part of Elm’s new strategy to expand its business in the region. Through its partnerships with leading business technology companies in the region, the company aims to create pioneering services that will enable the public and private sectors to take advantage of the latest developments and digital innovations. Elm will provide all its expertise in the field of technology and digital field to support these agreements. He added that Elm is continually seeking to benefit from its partnerships and is looking for future opportunities in the international market, which will give the company a greater dimension to its contribution as a Saudi digital leader in improving the technology infrastructure in Saudi Arabia, the Central Region and North Africa.
Khalid Al-Malhi, CEO of Injazat Data Systems, said that Injazat is proud of its leading position in the IT services and digital solutions market. “Our goal is to enable our customers to focus more on their core business by providing them with the best level of expertise and standards to facilitate and develop their work.” Al Malhi explained.
He added that their success stems from the partnerships they have held with major institutions over 13 years. And Injazat is keen to sign this agreement with Elm, which has the highest level of expertise and competencies and has strong relations with a major governments and private institutions. The information exchange platform arising from this agreement between Injazat and Elm will undoubtedly contribute to furthering the path towards digital transformation in the region.