The Saudi Ports Authority (MAWANI) and Saudi Company for Exchanging Digital Information (Tabadul) signed on Sunday a memorandum of understanding (MoU) with the aim of developing new Saudi ports management systems as part of their endeavors to lead the change of the future of commercial movement and guarantee competitiveness and realizing sustainable growth at Saudi ports.
The MoU aims at expanding and doubling services provided at Saudi ports from their current number of 46 to 150; empowering modern and emerging technologies according to the best international practices, mainly technologies related to geographical borders and the Internet of Things; and providing safe, quick and advanced services to beneficiaries in the fields of payments and billing with the use of the latest applications FinTech.
