JEDDAH: Dar Al-Hekma University in Jeddah recently wrapped up its third “Creativity, Technology, and Sustainability” conference, sponsored by the Ministry of Communications and Information Technology. The two-day event, held on May 15-16, drew a wide range of experts, scholars and local and international officials to explore interconnected themes in pursuit of Saudi Arabia’s Vision 2030 … 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: Saudi Arabia’s Tadawul All Share Index rose to gain 5.38 points, or 0.04 percent, to close Thursday’s trading session at 12,728.53. The total trading turnover of the benchmark index was SR14.36 billion ($3.89 billion) as 126 stocks advanced, while 93 retreated. The Kingdom’s parallel market, Nomu, rose 308.5 points, or 1.16 percent, to close … Read more
On May 16, 2001, Deportivo Alaves of Spain’s La Liga were involved in one of the most famous matches in the history of European football. In an epic battle that was settled by a “golden goal,” the underdog team from Vitoria-Gasteiz in the Basque Country lost 5-4 to Liverpool in the final of the UEFA … Read more
RIYADH: The financial system in the UAE is more secure and efficient than ever before thanks to the widespread implementation of technology, according to the country’s central bank. In its report for the fourth quarter of 2023, the institution said that technological and structural advancements in the country’s banking system have elevated operational efficiency and accessibility of … Read more
DUBAI: Relentless leaders Al-Wasl heaped pressure on Cosmin Olaroiu’s underperforming Sharjah, Spain icon Andres Iniesta’s sinking Emirates Club looked doomed, and Farhad Majidi’s inconsistent Ittihad Kalba-reign was brought to an ignominious end during ADNOC Pro League’s matchweek 15. Friday’s grandstand clash in Dubai witnessed goals from Abdulrahman Saleh and outstanding UAE attacker Ali Saleh to maintain … Read more
JEDDAH: In a transformative leap towards technological integration, the Department of Mass Communication at the King Saud University has harnessed the power of metaverse technology and artificial intelligence tools to create a groundbreaking virtual space that encapsulates the essence of the university’s communication landscape. The genesis of this project traces back to a collaborative effort … Read more
RIYADH: The UAE’s economy is projected to grow by 5 percent in 2024, a leading member of the government has reiterated. In an interview with Emirates News Agency, also known as WAM, Minister of the Economy Abdulla bin Touq Al-Marri said that more than 73 percent of the national economy is now non-oil, a historic … Read more
RIYADH: The Gulf real estate sector is set to witness growth in the first half of 2024, driven by increasing demand and supporting government policies, according to a report. The Kuwait Financial Centre, also known as Markaz, recently released a series of studies on real estate markets in Kuwait, Saudi Arabia, and the UAE. The … Read more
RIYADH: Saudi Arabia is hosting the third edition of LEAP — the Kingdom’s premier tech-focused conference and exhibition — under the theme “New Worlds,” at the Riyadh Exhibition and Convention Center, the Saudi Press Agency reported. The event, which takes place from March 4-7, is being organized by the Ministry of Communications and Information Technology, … Read more