RIYADH: Saudi Arabia’s strategic location, thriving economy, and strong government support have attracted a diverse range of funding partners keen on assisting startups and entrepreneurs. The Kingdom, according to Houssem Jemili, partner at management consulting firm Bain and Co., has one of the highest technology spends in the Middle East and North Africa, approximately 2.5 … Read more
RIYADH: The latest edition of a framework designed to enhance e-government services and accelerate digital innovation in Saudi Arabia has been launched. The Digital Transformation Index for 2024 seeks to elevate the commitment levels of the public sector to decisions and directives concerning technological evolution. Additionally, it aims to improve the quality of e-government services … Read more
CAIRO: The burgeoning expatriate community and digital surge in Saudi Arabia have beckoned UAE-based travel tech startup Tumodo to expand its horizons. In an interview with Arab News, Vladimir Kokorin, co-founder of the firm, unveiled the company’s ambitious strategy to venture into the Saudi market, buoyed by a successful $35 million raised in its latest funding … Read more
GCC telecommunication firms reinventing themselves as ‘techcos’: S&P Global RIYADH: Telecommunication companies in the Gulf Cooperation Council region are redefining themselves as technology firms to diversify their revenue streams, S&P Global said. In its latest report, the credit rating agency noted that moderate growth prospects for core telecom operations are one of the key drivers … Read more
RIYADH: Women rejoining the workforce after a career gap could contribute $385 billion to the economies of nine Middle East and North Africa countries, a survey showed. According to a study conducted by PwC Middle East, this opportunity to increase the gross domestic product highlights significant employment potential in the region. This will prompt companies … Read more
RIYADH: After three days of significant announcements, the LEAP conference saw major deals signed in artificial intelligence and innovation localization during its concluding sessions. Inaugurating the final day of the event, Ahmed Al-Suwaiyan, governor of the Digital Government Authority, pointed out that the LEAP has surpassed its previous editions, with agreements worth more than $12 … Read more
RIYADH: Saudi Arabia’s proactive leadership and investments in advanced tech solutions have positioned it as a global innovation leader, according to a top official. During the LEAP 2024, Anant Maheshwari, president and CEO of Honeywell’s Global High Growth Regions portfolio, told Arab News that Saudi Arabia was a “crucial market” for the company, being one … Read more
RIYADH: Energy firm Aramco’s technology arm was one of several companies to sign deals at the LEAP conference, along with global brands Nokia, IBM, and Mobily. On the third day of the Riyadh tech event, Aramco Digital took the spotlight by unveiling plans for a potential partnership with Groq, a global leader in the artficial intelligence chip market. … Read more
RIYADH: SAMI Advanced Electronics Co. is ready to unveil its state-of-the-art technological innovations as it makes its third appearance at LEAP 2024. The world’s most-attended tech expo is being held in Riyadh from March 4-7, and will feature the industry’s top figures, including the Executive Vice President of the Business Division at SAMI-AEC Fahad Al-Naeem who … Read more
Saudi Arabia named ‘most improved country overall’ in US Chamber of Commerce IP Index RIYADH: Saudi Arabia has received recognition as “the most improved country overall” in the 12th edition of the US Chamber of Commerce International Intellectual Property Index. Released on March 2, the report emphasizes the several achievements of the Kingdom, with Vice … Read more