{"id":1477,"date":"2023-02-09T09:05:47","date_gmt":"2023-02-09T09:05:47","guid":{"rendered":"https:\/\/news.sap.com\/mena\/?p=1477"},"modified":"2023-04-28T09:11:59","modified_gmt":"2023-04-28T09:11:59","slug":"sap-business-network-to-be-hosted-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/news.sap.com\/mena\/2023\/02\/sap-business-network-to-be-hosted-in-saudi-arabia\/","title":{"rendered":"SAP Business Network to be Hosted in Saudi Arabia Will Expand Local and Global Trade Opportunities"},"content":{"rendered":"

Announcement at LEAP sees Saudi public and private enterprises gain access to a network with annual trade transactions worth more than US$5 trillion<\/u><\/h2>\n

RIYADH, KSA <\/strong>\u2014 February 9, 2023 \u2013<\/strong> At the LEAP technology event in Riyadh today, SAP announced the establishment of the SAP Business Network within Saudi Arabia. The move will enable Saudi public and private enterprises to trade, buy and sell on the world\u2019s largest business digital network in 190 countries, with millions of trading partners conducting transactions worth more than US$5 trillion annually.<\/p>\n

The announcement was made by Ahmed AlFaifi, Senior Vice President and Managing Director, SAP Middle East & Africa North, who said, \u201cAs part of our increased investment in Saudi Arabia, we are very pleased to launch the SAP Business Network in the Kingdom. This launch will contribute to achieving the objectives of Saudi Vision 2030 as it offers immeasurable trade and supply opportunities, positions KSA as global logistic hub, grows non-oil exports in addition to supporting the Kingdom\u2019s sustainability efforts.<\/p>\n

\"\"<\/p>\n

As part of the SAP Business Network, buyers, suppliers, logistic providers, financial institutions, and original equipment manufacturers will be connected on one trading platform. Bringing the SAP Business Network to be hosted in KSA will further position Riyadh to be a global digital and trade hub.<\/p>\n

– ENDS –<\/p>\n","protected":false},"excerpt":{"rendered":"

Announcement at LEAP sees Saudi public and private enterprises gain access to a network with annual trade transactions worth more than US$5 trillion RIYADH, KSA…<\/p>\n","protected":false},"author":780,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5562673],"tags":[5562674,3818780],"sapn-display":[],"sapn-type":[4448],"class_list":["post-1477","post","type-post","status-publish","format-standard","hentry","category-business-network","tag-business-network","tag-saudi","sapn-type-newsbyte"],"yoast_head":"\nSAP Business Network to be Hosted in Saudi Arabia Will Expand Local and Global Trade Opportunities - SAP MENA Press Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.sap.com\/mena\/2023\/02\/sap-business-network-to-be-hosted-in-saudi-arabia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SAP Business Network to be Hosted in Saudi Arabia Will Expand Local and Global Trade Opportunities\" \/>\n<meta property=\"og:description\" content=\"Announcement at LEAP sees Saudi public and private enterprises gain access to a network with annual trade transactions worth more than US$5 trillion RIYADH, KSA...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.sap.com\/mena\/2023\/02\/sap-business-network-to-be-hosted-in-saudi-arabia\/\" \/>\n<meta property=\"og:site_name\" content=\"SAP MENA Press Room\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-09T09:05:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-28T09:11:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.sap.com\/mena\/files\/2023\/04\/28\/Ahmed_LEAP_2-1024x683.jpg\" \/>\n<meta name=\"author\" content=\"SAP MENA News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SAP MENA News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/news.sap.com\\\/mena\\\/2023\\\/02\\\/sap-business-network-to-be-hosted-in-saudi-arabia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/news.sap.com\\\/mena\\\/2023\\\/02\\\/sap-business-network-to-be-hosted-in-saudi-arabia\\\/\"},\"author\":{\"name\":\"SAP MENA News\",\"@id\":\"https:\\\/\\\/news.sap.com\\\/mena\\\/#\\\/schema\\\/person\\\/672f277416961820cf33e3b9e6c59fdf\"},\"headline\":\"SAP Business Network to be Hosted in Saudi Arabia Will Expand Local and Global Trade Opportunities\",\"datePublished\":\"2023-02-09T09:05:47+00:00\",\"dateModified\":\"2023-04-28T09:11:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/news.sap.com\\\/mena\\\/2023\\\/02\\\/sap-business-network-to-be-hosted-in-saudi-arabia\\\/\"},\"wordCount\":227,\"image\":{\"@id\":\"https:\\\/\\\/news.sap.com\\\/mena\\\/2023\\\/02\\\/sap-business-network-to-be-hosted-in-saudi-arabia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/news.sap.com\\\/mena\\\/files\\\/2023\\\/04\\\/28\\\/Ahmed_LEAP_2-1024x683.jpg\",\"keywords\":[\"Business Network\",\"Saudi\"],\"articleSection\":[\"Business Network\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/news.sap.com\\\/mena\\\/2023\\\/02\\\/sap-business-network-to-be-hosted-in-saudi-arabia\\\/\",\"url\":\"https:\\\/\\\/news.sap.com\\\/mena\\\/2023\\\/02\\\/sap-business-network-to-be-hosted-in-saudi-arabia\\\/\",\"name\":\"SAP Business Network to be Hosted in Saudi Arabia Will Expand Local and Global Trade Opportunities - 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