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PIF-owned SAFE endorses security solutions via agreement with Thales

PIF-owned SAFE endorses security solutions via agreement with Thales
SAFE was launched by the Public Investment Fund (PIF) in 2020

Riyadh – Mubasher: The National Security Services Company (SAFE) has signed a memorandum of understanding (MoU) with French firm Thales to advance integrated security solutions in Saudi Arabia, according to a press release on Wednesday.

The agreement aims to set up a framework for the creation of command centres for security, development of training services such as high-technology security and operations, in addition to providing security consultations.

SAFE, which was launched by the Public Investment Fund (PIF) in 2020, aims to grow and develop the private security sector in Saudi Arabia.

Thales and SAFE will work closely to strengthen Saudi Arabia’s capacity in delivering integrated security solutions across the French firm’s domains of expertise.