{"id":13518,"date":"2024-01-30T13:00:11","date_gmt":"2024-01-30T13:00:11","guid":{"rendered":"https:\/\/almatar.com\/blog\/?p=13518"},"modified":"2024-01-30T13:00:11","modified_gmt":"2024-01-30T13:00:11","slug":"almatar-and-sima-sign-an-agreement","status":"publish","type":"post","link":"https:\/\/almatar.com\/blog\/almatar-and-sima-sign-an-agreement\/","title":{"rendered":"&#8220;almatar &#8221; and &#8220;SIMAH&#8221; Sign Agreement to Enhance Credit Efficiency in the Travel and Tourism Sector"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The almatar\u00a0 Travel and Tourism Group has announced the signing of a membership agreement with <\/span><b>SIMAH<\/b><span style=\"font-weight: 400;\">, the leading credit information company, aimed at improving credit efficiency and fostering collaboration in financial data sharing. This partnership aligns with SIMAH&#8217;s efforts to support the financial sector and provide innovative solutions that enhance transparency and trust.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The agreement was signed at SIMAH\u2019s headquarters in Riyadh by <\/span><b>Mr. Abdul Ilah Al-Muhdhar<\/b><span style=\"font-weight: 400;\">, General Manager of almatar\u00a0 Business Division, and <\/span><b>Mr. Alaa Al-Mashhadi<\/b><span style=\"font-weight: 400;\">, Head of Business Development at SIMAH.<\/span><\/p>\n<h3><b>Enhancing Financial Operations in Travel and Tourism<\/b><\/h3>\n<div style=\"width: 640px;\" class=\"wp-video\"><video class=\"wp-video-shortcode\" id=\"video-13518-1\" width=\"640\" height=\"360\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/almatar.com\/blog\/wp-content\/uploads\/2024\/12\/\u0627\u0644\u0645\u0637\u0627\u0631.mp4?_=1\" \/><a href=\"https:\/\/almatar.com\/blog\/wp-content\/uploads\/2024\/12\/\u0627\u0644\u0645\u0637\u0627\u0631.mp4\">https:\/\/almatar.com\/blog\/wp-content\/uploads\/2024\/12\/\u0627\u0644\u0645\u0637\u0627\u0631.mp4<\/a><\/video><\/div>\n<p><span style=\"font-weight: 400;\">Mr. Abdul Ilah Al-Muhdhar stated, <\/span><i><span style=\"font-weight: 400;\">\u201cThis agreement represents a crucial step in strengthening financial and administrative processes within the travel and tourism sector. Through this partnership, we can evaluate the creditworthiness of our clients using precise reports that highlight their financial capabilities, supporting decisions related to services like bookings on account or installment plans.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">He added that the agreement will also facilitate analyzing clients\u2019 credit histories, enabling a better understanding of their financial background and reducing risks associated with transactions.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span> <i><span style=\"font-weight: 400;\">&#8220;With SIMAH\u2019s solutions, we can better manage financial risks and make informed decisions, minimizing the likelihood of bad debt losses,&#8221;<\/span><\/i><span style=\"font-weight: 400;\"> he explained.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SIMAH\u2019s services, including instant alerts on credit record changes and regular reporting, will also enhance operational efficiency and support quick, data-driven decision-making.<\/span><\/p>\n<h3><b>SIMAH\u2019s Commitment to Supporting Growth<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Mr. Alaa Al-Mashhadi expressed pride in this partnership, emphasizing SIMAH\u2019s role in enhancing almatar \u2019s position among partners and investors. He stated,<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span> <i><span style=\"font-weight: 400;\">&#8220;We will provide almatar\u00a0 with accurate credit reports that support their expansion and project development, alongside designing flexible installment programs and improving the targeting of reliable clients based on their financial behaviors.&#8221;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">He added, <\/span><i><span style=\"font-weight: 400;\">\u201cThis agreement will promote competitiveness and transparency by providing precise data that strengthens trust between almatar\u00a0 Travel and Tourism and its clients. Advanced analytical tools will also be employed to understand market trends and customer behaviors, fostering sustainable growth for the company.\u201d<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The almatar\u00a0 Travel and Tourism Group has announced the signing of a membership agreement with SIMAH, the leading credit information company, aimed at improving credit efficiency and fostering collaboration in financial data sharing. This partnership aligns with SIMAH&#8217;s efforts to support the financial sector and provide innovative solutions that enhance transparency and trust. The agreement [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":14607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"post_views_count":64,"footnotes":""},"categories":[1567,1547,1549],"tags":[],"country":[],"class_list":["post-13518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","category-interviews","category-latest-news"],"acf":[],"lang":"en","translations":{"en":13518},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/posts\/13518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/comments?post=13518"}],"version-history":[{"count":0,"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/posts\/13518\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/media\/14607"}],"wp:attachment":[{"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/media?parent=13518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/categories?post=13518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/tags?post=13518"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/almatar.com\/blog\/wp-json\/wp\/v2\/country?post=13518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}