{"id":46232,"date":"2023-12-21T20:28:48","date_gmt":"2023-12-21T17:28:48","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=46232"},"modified":"2026-03-28T04:49:20","modified_gmt":"2026-03-28T01:49:20","slug":"deloitte-partners-with-fintech-saudi-to-launch-makken-program","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/deloitte-partners-with-fintech-saudi-to-launch-makken-program\/","title":{"rendered":"Deloitte Partners with Fintech Saudi to Launch Makken Program"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Riyadh, Saudi Arabia, 21 December&nbsp;2023&nbsp;<\/strong>\u2013 Deloitte, the leading global professional services firm, is partnering with Fintech Saudi to foster the growth of emerging companies in Saudi Arabia\u2019s financial technology sector through the Makken Program. Saudi Fintech is an initiative by the Saudi Central Bank in collaboration with the Capital Market Authority, aiming to transform Saudi Arabia into an innovative fintech hub with a thriving and responsible fintech ecosystem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Makken, meaning Empower, is a program designed to support entrepreneurs and startups in Saudi Arabia\u2019s fintech industry through financial support and a comprehensive suite of services, including technology, cloud computing, cybersecurity, and more.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The program was officially launched earlier this week in Riyadh, in the distinguished attendance of His Excellency the Governor of the Central Bank of Saudi Arabia (SAMA), Mr. Ayman Mohammed Alsayari, and His Excellency the Chairman of the Board of Directors of the Capital Market Authority, Mr. Mohammed Bin Abdullah El-Kuwaiz.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In attendance was Mutasem Dajani, Deloitte Middle East CEO who said, \u201cI am delighted to have attended the launch of Makken, the Kingdom of Saudi Arabia&#8217;s game changing fintech program. We are proud of Deloitte\u2019s partnership with the Saudi Central Bank and Capital Market Authority on this program, fueling the growth of this key sector in the Saudi economy and its ongoing transformation.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Participating FinTechs in the Makken Program will be hosted on Deloitte\u2019s industry leading, Cloud Managed Services driven by OpenCloud, providing relentless automation, cloud optimization and cybersecurity services for multi-cloud workloads.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/12\/Deloitte-Middle-East-CEO-Mutasem-Dajani_ssict_1200_800.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/12\/Deloitte-Middle-East-CEO-Mutasem-Dajani_ssict_1200_800-1024x683.webp\" alt=\"Deloitte Middle East CEO, Mutasem Dajani_ssict_1200_800\" class=\"wp-image-46234\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/12\/Deloitte-Middle-East-CEO-Mutasem-Dajani_ssict_1200_800-1024x683.webp 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/12\/Deloitte-Middle-East-CEO-Mutasem-Dajani_ssict_1200_800-300x200.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/12\/Deloitte-Middle-East-CEO-Mutasem-Dajani_ssict_1200_800-768x512.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/12\/Deloitte-Middle-East-CEO-Mutasem-Dajani_ssict_1200_800-1080x720.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2023\/12\/Deloitte-Middle-East-CEO-Mutasem-Dajani_ssict_1200_800.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Ali Hamid, Deloitte Middle East Partner, and Cloud Leader for the region said, \u201cThe Deloitte OpenCloud Platform will provide Saudi FinTechs with cloud infrastructure that enables rapid delivery to support secure, compliant, scalable and agile operations, allowing these startups to focus on building their innovate products and services, whilst Deloitte provides the managed services and cyber security controls\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh, Saudi Arabia, 21 December&nbsp;2023&nbsp;\u2013 Deloitte, the leading global professional services firm, is partnering with Fintech Saudi to foster the growth of emerging companies in Saudi Arabia\u2019s financial technology sector through the Makken Program. Saudi Fintech is an initiative by the Saudi Central Bank in collaboration with the Capital Market Authority, aiming to transform Saudi [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":46233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-46232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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