Al Rajhi Bank employs 10,000 people, of which, 200 work in research and development roles within a dedicated team to advance the bank’s technological and innovative framework while it undergoes its digital transformation and automation. In 2021, the bank generated $7.1 billion in revenues. Al Rajhi Bank has a particular focus on big data and AI, improved cybersecurity, and various financial technologies. Not only that, but it also fosters innovative advancement, primarily through its innovation center, and promotes employees and social engagement through internal campaigns. It also organizes hackathons for employees and universities and promotes customer interaction by inviting them to its state-of-the-art CX Lab. Al Rajhi Bank’s digitization and integration with government sectors aims to help develop a fully-cashless Saudi society. In January 2022, the bank completed its acquisition of Ejada Systems Limited for approximately $173 million.