The Bankruptcy Committee (EISAR) and the Saudi Data and Artificial Intelligence Authority (SDAIA) have strengthened their cooperation to develop analytical models based on data and artificial intelligence solutions aimed at detecting risks across economic sectors and measuring indicators related to financial distress. The initiative also supports decision-makers through forward-looking indicators that enable early preventive intervention and leverage analytical capabilities and data solutions to enhance and improve business efficiency.
This collaboration was formalized in a memorandum of understanding signed today during the EISAR Conference 2025, to promote joint cooperation between the two entities in the fields of data and artificial intelligence, in line with national efforts to build a thriving digital economy aligned with the objectives of Saudi Vision 2030.
The memorandum was signed by Abdullah bin Saad Al-Mogheerah, Secretary-General of EISAR, and Raed bin Faleh Al-Faleh, Chief Executive Officer of the Business Development Sector at SDAIA.
Through this memorandum, both parties seek to integrate national efforts to employ advanced technologies in developing the bankruptcy and early-warning systems, and to enable digital transformation within the economic sector—thereby enhancing growth sustainability and achieving future aspirations.
