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2/15/23, 11:25 AM Elm Signs a Cooperation Agreement with ESNAD | Web Release
The agreement provides for unifying the efforts of both parties and employing Elm’s leading

technical capabilities to upgrade the integrated solutions and services system provided by ESNAD

to local and 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.”

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