SSICT News
Saudi Arabia’s Payments Revenue Pool Projected to hit $21.7 Billion by 2027, Despite Global Growth Rates Slowing Compared to Previous Years
• Global payment revenues are anticipated to grow by $2.2 Trillion by 2027 at a CAGR of 6.2%.• The total payments revenue for the KSA payments industry increased at an annual rate of 7.7%, reaching $12.8 Billion by the end of 2022 compared to 2017. Riyadh, November 13, 2023— The Kingdom of Saudi Arabia’s (KSA) […]
Jaipur Rugs Presents a Mirage of Craftsmanship and Culture at Downtown Design
Dubai, United Arab Emirates – 2nd November 2023 — Jaipur Rugs, a global leader in the world of handcrafted rugs, is thrilled to announce its participation in Downtown Design, the leading fair for contemporary and quality design in the Middle East. This year, Jaipur Rugs is set to take visitors on a dream journey through a mirage […]
REDTAG fall/winter collection 2023 is ‘functional fashion’ redefined
Middle East’s favourite value-fashion and homeware brand REDTAG has launched its annual fall/winter collection, whose functionality braves the cold while its aesthetics make a resounding statement of sophistication and style October 30th, KSA: REDTAG, the Middle East’s leading fashion and homeware brand, known for its unwavering commitment to providing utmost quality, value-based pricing, and voguish styles, […]
PRWEEK Selects Ibrahim Almutawa Among the Top Influential PR Professionals in the Middle East in 2023
Riyadh, Saudi Arabia – October 16, 2023: The PRWeek Magazine selected Ibrahim Almutawa, CEO and Co-Founder of Jummar PR, as one of the most influential professionals in public relations and communication in the Middle East. The selection has been announced in the magazine’s annual Middle East Power Book of the most prominent public relations professionals […]
DUBAI ASSEMBLY FOR GENERATIVE AI – REACTION COMMENTARY
Following the Dubai Assembly for Generative AI that is currently taking place, Paul Bogan, Chief Digital Officer at Serco Middle East comments: “The Dubai Assembly for Generative AI is a remarkable gathering that has captured the attention of the global AI community. It serves as a testament to Dubai’s commitment to fostering innovation and advancing the field […]
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TikTok is the World’s Most Valuable Social Media Brand, Worth $65.7B in 2023, $7B more than Facebook and $18B more than Instagram
Over the past six years, TikTok climbed to the top of the world. The video-sharing app saw one of the most head-spinning rises in the social media landscape, causing its user base to swell five times to over 1.9 billion. But, besides its users, revenue, and downloads skyrocketing, TikTok has also become the world’s most […]
Dubai Islamic Bank enhances customer experience and modernizes core banking platform with HPE GreenLake
The UAE’s most prominent Islamic financial service provider selects HPE GreenLake and HPE Aruba Networking to deliver a unified user experience, simplified operations, seamless scalability, and comprehensive network security throughout the business. Dubai, United Arab Emirates – October 03, 2023 – Hewlett Packard Enterprise (NYSE: HPE) today announced that Dubai Islamic Bank (DIB) had selected the HPE GreenLake edge-to-cloud platform to modernize their core […]
‘NET ZERO’ EXHIBITION OPENSIN DHAHRAN (KSA) DESIGNED AND PRODUCED BY ACCIONA CULTURA
INNOVATIONIt is the first time 3D printing has been used on such a large scale as a part of an exhibition DHAHRAN, SEPTEMBER 21, 2023. ACCIONA Cultura, a pioneering company in the realms of museums, exhibitions, interiors and events, is the creative force behind the Net Zero exhibition for Ithra. Located at the King Abdulaziz […]
In a fitting tribute, value-fashion brand REDTAG launches “4 for SAR93” offer for 93rd Saudi National Day
Middle East’s favourite value-fashion and homeware brand REDTAG, in line with its long-standing tradition of thoughtful initiatives for major events and milestones, has launched a celebratory offer of four items for just SAR93 — analogous to the 93rd Saudi National Day September 18, Riyadh, KSA: REDTAG, the Middle East’s leading fashion and homeware brand, known for its […]
Jaipur Rugs Unveils the Artistry of Weaving
Four distinct weaving techniques used to craft masterpieces Dubai, United Arab Emirates – 18 September 2023. In the heart of Dubai, a treasure trove of artistry has recently opened its doors, inviting connoisseurs of craftsmanship and textile enthusiasts alike to experience a gallery of weaving wonders. Jaipur Rugs, a world-renowned leader in the realm of […]
The Ritz-Carlton Maldives, Fari Islands, Celebrates The Kingdom Of Saudi Arabia’s 93rd National Day
KSA Nationals and Residents Can Enjoy a Luxury Weekend Staycation Crafted with Impeccable Experiences for the Whole Family to Enjoy… Dubai, UAE- September 2023- One of the latest and most luxurious resorts to launch within the Maldives, The Ritz-Carlton Maldives, Fari Islands, is inviting Residents and Nationals of the Kingdom of Saudi Arabia to embrace […]
New Report Unveils Initiatives for Digital Transformation of SMEs in Saudi Arabia
Riyadh, Saudi Arabia, 7 September 2023: The Centre for the Fourth Industrial Revolution- in the Kingdom of Saudi Arabia (C4IR-KSA) and the World Economic Forum (WEF) have jointly with the Saudi Ministry of Industry and Mineral Resources (MIM) and the Saudi Authority for Industrial Cities and Technology Zones (MODON) and Arthur D. Little (ADL), launched a report titled “Modernizing […]
REDTAG announces fun-filled Back-to-School extravaganza on 10th, 11thAugust in Saudi
Middle East’s favourite value-fashion and homeware brand REDTAG has announced a 40% discount on the specialized ‘Back to School’ collection and scheduled a fun-filled extravaganza, including magic shows, face painting for kids, goodie bags and mascots, on August 10th and 11th in Saudi to celebrate and embrace the return of a new academic year August 10th, Riyadh, […]
Hilton Resorts in the Maldives Extend Special Invitation to GCC Guests for Unforgettable Diving Adventures
Visitors from the GCC are promised incredible underwater discoveries at Hilton Maldives Amingiri Resort & Spa Dubai, UAE– July 2023 – In a first-of-its-kind collaboration, Hilton Maldives Amingiri Resort & Spa, Waldorf Astoria Maldives Ithaafushi and Conrad Maldives Rangali Island introduce Dive with Hilton, a seasonal collection of distinct dive experiences that showcase the wonders […]
Web3 Remains Highly Relevant for Private Equity in the Middle East
By Brahim Laaidi, Partner, Bain & Company, and Thomas Olsen, Global Co-lead of Web3 and Metaverse Practice, Bain & Company Watching almost $3 trillion in web3-related asset value shrink by more than 70% is unnerving, to say the least. But the rise and fall of crypto isn’t really the issue. What counts are the core underlying technologies […]
Unpacking the Designs and Innovations Inspired by You
By Dr.TM Roh, President and Head of Mobile eXperience Business at Samsung Electronics Last year, I expanded my responsibilities as head of Samsung’s MX Business, to lead our Corporate Design Center. My career as an engineer taught me that the most sublime designs are intertwined with technological innovation. This new responsibility allows me to delve […]
Game on: Why we’re expanding our support of esports with VALORANT
By: Raja Rajamannar, chief marketing and communications officer, Mastercard Gaming has evolved into a global phenomenon. Yes, its revenues are now bigger than the movie and music industries combined, and competitive gaming — esports — has morphed into a full-fledged global spectacle that rivals, and even dwarfs, many traditional sports. The passion for esports is undeniable, transcending age, […]
Ericsson: How is intelligence transforming telecom? Five benefits that reveal the full value of AI
By Zeljka Lemaster, Senior Director Strategic AI Engagements at Ericsson, Thomas Kinnman, AI and Automation development at Ericsson, and Andres Laya, Strategic Marketing Director for AI Artificial intelligence (AI) is beyond disruptive. Arguably the second biggest leap in the technological revolution since the widespread adoption of computers, it is already transforming industries worldwide – and […]
REDTAG’s new Eid al-Adha Collection is a celebration of tradition and summer
Middle East’s favourite value-fashion and homeware brand REDTAG has launched the Eid al-Adha 2023 Collection, an ensemble marked by striking-yet-soothing colours to go with the festivities and reckon with the balmy weather June 07th, Dubai, UAE; Riyadh, KSA: REDTAG, the Middle East’s leading value-fashion and homeware brand, today announced the launch of its Eid al-Adha 2023 […]
Badael appoints Tolga Sezer as Chief Executive Officer
Riyadh, Saudi Arabia – 28 May 2023: Badael, the newly established company by Public Investment Fund announced today the appointment of seasoned industry leader Mr. Tolga Sezer as its’ Chief Executive Officer. Mr. Sezer has extensive experience in the consumer goods industry across Middle East & North Africa, Eastern Europe, and Central Asia, and is well […]
Zoho embeds ChatGPT into Apps to Enhance Generative Artificial Intelligence Capabilities
– The integration of Generative AI Technology within Zoho’s Homegrown AI, Zia, elevates Customer Experience, Privacy, and Value. – Zoho revealed a customer-centric AI strategy to draw the line between delivering richer customer experience, all the while maintaining its unwavering commitment towards user data privacy. Riyadh – 08 May, 2023: Zoho Corp., a leading global technology […]
Globally Only 15% of Organizations have a Cybersecurity Posture ‘Mature’ Enough to Defend against Threats of Hybrid World
Dubai, United Arab Emirates – 3 April 2023: Cisco’s first-ever Cybersecurity Readiness Index revealed that 15% of organizations globally have the ‘Mature’ level of readiness needed to be resilient against today’s modern cybersecurity risks. The index has been developed against the backdrop of a post COVID, hybrid world, where users and data must be secured wherever work gets […]