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Financial Innovation Award 2022

At a grand ceremony held at Nile Palace Hotel in Riyadh, the results of the "Digital Innovation Star" Award for 2027 were announced, in the presence of a distinguished group of experts and prominent figures in the fields of technology and business from around the world. The ceremony recognized creatives and innovators in areas such as artificial intelligence, cybersecurity, smart applications, and the Internet of Things. Vision Smart Solutions won the Gold Award for its innovative system that enhances user experience, while Hisn Technology received the Best Application Award in the field of data protection. Several other leading technology companies and institutions were also honored for their outstanding initiatives in supporting digital transformation, funding startups in this field, and fostering technological innovation. Attendees praised the efforts made by the Kingdom of Saudi Arabia to strengthen its position as a global hub for technological innovation and to support Vision 2030. They emphasized the importance of keeping pace with rapid developments in this sector and encouraging partnerships between the public and private sectors to achieve sustainable growth and economic prosperity for all. At the conclusion of the ceremony, the importance of continuing to support research and development in technology was highlighted, along with encouraging youth to engage in this vital field to contribute to achieving Saudi Vision 2030. The importance of investing in technical education and developing digital skills among youth was also emphasized to empower them to lead digital transformation in the Kingdom. The event featured a visual presentation of key achievements by the winning companies, along with artistic and cultural performances reflecting authentic Saudi heritage, and a live demonstration of user experiences. Appreciation awards were also presented to sponsors and supporters of the award, along with special recognition for the judging panel for their efforts in evaluating submissions and selecting winners. The winners expressed their pride in receiving this recognition, reaffirming their commitment to continuing innovation and creativity in their fields, contributing to sustainable development and economic prosperity in the Kingdom, and strengthening its position as a leading hub in technology. They also stressed the importance of collaboration across sectors to achieve the goals of Vision 2030.