Page 39 - ELM- JANUARY & FEBRUARY 2023

2/15/23, 11:24 AM Elm Signs A Cooperation Agreement With ESNAD
international investors in the Saudi mining field, develop the mining sector, and monitor and control its
financial and regulatory compliance.

This step is part of the Kingdom’s efforts to increase the contribution of the mining sector to the GDP and
make it the third pillar of industry in the Kingdom, in addition to the oil and petrochemical industries, by
optimally leveraging mineral resources and developing their industries. By leveraging cutting-edge
technologies, Elm-ESNAD cooperation will help raise business efficiency in the sector, drive sustainability,
raise transparency and reliability in various mining activities, ensure optimal utilization of mineral
resources, protect the environment, enhance the safety of workers, and expand investment prospects.

Majid bin Saad Al-Arifi, Elm’s Spokesperson and Executive Vice President of Marketing, said: “We are
pleased to conclude a cooperation agreement with ESNAD to help upgrade its business in various fields.
This agreement is an embodiment of our commitment to work with various entities in the Kingdom, and an
illustration of our advanced digital transformation and technology services capabilities. This agreement is
crucial given the role that ESNAD plays in the management of regulatory activities and quality assurance in
the mining sector, which is a vital sector with fundamental contributions to the Kingdom’s economy.”

Al-Arifi added: “We are confidently looking at the joint work prospects offered by this agreement in the
context of the technical progress in ESNAD’s fields of work. We look forward to employing world-class
digital solutions and services to enhance control and inspection activities in various industrial complexes in
the Kingdom, and support sustainability in the mining sector by applying best practices and ensuring
compliance with governance and environmental protection standards. We also strive to pave the way for a
comprehensive digital transformation, which contributes to developing the investment environment in the
mining sector and promoting the sector to local and global investors, thus impacting the mineral industries
and ensuring an optimal utilization of resources in the Kingdom.”

This agreement was signed as part of Elm’s participation in LEAP 2023, the World’s Leading Technology
Event. Through its participation in the conference, Elm showcased a portfolio of leading technology
solutions, products, and services that it has developed to support the development of various sectors in the
Kingdom. Elm also highlighted its excellent capabilities in managing and implementing digital projects and
its consultancy services supporting digital transformation in various fields. The company also showcased its
remarkable contributions to achieving digital transformation in the region and its role in raising
performance and enhancing the efficiency of operations based on cutting-edge technologies.

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