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Article: Saudi SMEs to get financial solutions boost.
- Article from:
- TradeArabia (Manama, Bahrain)
- Article date:
- June 1, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Riyadh
Visa, the world's largest payments processing network, Al Rajhi Bank, a commercial banking services provider, and Microsoft have joined forces to provide financial solutions for small and medium enterprises (SMEs) that deploy advanced technology in their business operations.
Under the agreement, Al Rajhi will introduce a Visa-Microsoft Aamal credit card, which will become the first Visa Microsoft co-branded credit card in Saudi Arabia.
Saudi-based IT and communications solution provider Al-Falak Electronic Equipment & Supplies will provide the Microsoft programmes required for the new service.
Saeed Al Ghamdi, deputy ...