Science and Technology / Tuwaiq Academy and Al-Inma Conclude 'Emdad Hackathon'
Riyadh, 05 Safar 1448 AH corresponding to July 19, 2026, SPA - Tuwaiq Academy, in partnership with Al-Inma, concluded the activities of the 'Emdad' Hackathon in its second edition, the largest hackathon in the field of financial technology, which was held over three days at 'Al-Karaj' headquarters in Riyadh, from July 16 to 18, with the participation of more than 6,000 participants in person and remotely; with the aim of developing solutions and innovations in the field of financial technology using the latest technologies in various sectors. At the conclusion of the hackathon activities, the winning teams were honored with prizes totaling 500,000 Saudi Riyals. The team (Walytech) achieved first place in the in-person track with a prize of 180,000 riyals, followed by team (Sovereign Q) in second place with a prize of 110,000 riyals, then team (Naqle) in third place with a prize of 80,000 riyals, team (Yusr) in fourth place with a prize of 50,000 riyals, team (Souq Ufuq) in fifth place with a prize of 45,000 riyals, and team (Mutassa') in sixth place with a prize of 35,000 riyals. In the remote participation track, team (Majd Jazan) won first place with a prize of 35,000 riyals, team (Polaris) second place with a prize of 25,000 riyals, team (Tharwa) third place with a prize of 20,000 riyals, team (Tharwatak) fourth place with a prize of 15,000 riyals, and team (Markab) fifth place with a prize of 5,000 riyals. The CEO of Tuwaiq Academy, Abdulaziz Al-Hammadi, affirmed the academy's commitment to building national capacities through various camps, programs, activities, and technical competitions, including the 'Emdad' Hackathon, which achieved remarkable success in its second edition, with the participation of more than 6,000 participants in person and remotely, and more than 2,800 teams from various regions of the Kingdom, who presented more than 2,800 innovative projects in the field of financial technology within 6 diverse tracks that keep pace with the development of advanced technologies and contribute to building a promising technical generation. In turn, the Head of Sustainability and Social Responsibility at Al-Inma, Engineer Badr Al-Juhani, said in his speech during the closing ceremony: 'The Emdad Hackathon came as a platform bringing together creators and innovators to develop technical solutions that contribute to advancing the financial sector, accelerating the adoption of modern technologies, and enhancing innovation in fields such as artificial intelligence, data analysis, and customer experience, in line with the goals of Saudi Vision 2030, and enhancing the future of financial technology in the Kingdom.' It is worth noting that the 'Emdad' Hackathon in its second edition this year is an extension of the success of its first edition, and an enhancement of innovation and empowerment of technical competencies and talents, within several tracks including: generative artificial intelligence for financial technology, customer experience, financial education, open banking, gamification, and financial legislation; thus contributing to achieving a sustainable impact in the financial sector. // End // 00:10 T M 0003
Riyadh, 05 Safar 1448 AH corresponding to July 19, 2026, SPA - Tuwaiq Academy, in partnership with Al-Inma, concluded the activities of the 'Emdad' Hackathon in its second edition, the largest hackathon in the field of financial technology, which was held over three days at 'Al-Karaj' headquarters in Riyadh, from July 16 to 18, with the participation of more than 6,000 participants in person and remotely; with the aim of developing solutions and innovations in the field of financial technology using the latest technologies in various sectors. At the conclusion of the hackathon activities, the winning teams were honored with prizes totaling 500,000 Saudi Riyals. The team (Walytech) achieved first place in the in-person track with a prize of 180,000 riyals, followed by team (Sovereign Q) in second place with a prize of 110,000 riyals, then team (Naqle) in third place with a prize of 80,000 riyals, team (Yusr) in fourth place with a prize of 50,000 riyals, team (Souq Ufuq) in fifth place with a prize of 45,000 riyals, and team (Mutassa') in sixth place with a prize of 35,000 riyals. In the remote participation track, team (Majd Jazan) won first place with a prize of 35,000 riyals, team (Polaris) second place with a prize of 25,000 riyals, team (Tharwa) third place with a prize of 20,000 riyals, team (Tharwatak) fourth place with a prize of 15,000 riyals, and team (Markab) fifth place with a prize of 5,000 riyals. The CEO of Tuwaiq Academy, Abdulaziz Al-Hammadi, affirmed the academy's commitment to building national capacities through various camps, programs, activities, and technical competitions, including the 'Emdad' Hackathon, which achieved remarkable success in its second edition, with the participation of more than 6,000 participants in person and remotely, and more than 2,800 teams from various regions of the Kingdom, who presented more than 2,800 innovative projects in the field of financial technology within 6 diverse tracks that keep pace with the development of advanced technologies and contribute to building a promising technical generation. In turn, the Head of Sustainability and Social Responsibility at Al-Inma, Engineer Badr Al-Juhani, said in his speech during the closing ceremony: 'The Emdad Hackathon came as a platform bringing together creators and innovators to develop technical solutions that contribute to advancing the financial sector, accelerating the adoption of modern technologies, and enhancing innovation in fields such as artificial intelligence, data analysis, and customer experience, in line with the goals of Saudi Vision 2030, and enhancing the future of financial technology in the Kingdom.' It is worth noting that the 'Emdad' Hackathon in its second edition this year is an extension of the success of its first edition, and an enhancement of innovation and empowerment of technical competencies and talents, within several tracks including: generative artificial intelligence for financial technology, customer experience, financial education, open banking, gamification, and financial legislation; thus contributing to achieving a sustainable impact in the financial sector. // End // 00:10 T M 0003
Original source: SPA
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