Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
The Second Day of IPS 2023 Features 3 Panel Discussions
Dubai, United Arab Emirates, 13th February 2023: The second day of the 19th edition of the International Property Show (IPS 2023) featured the event’s HIGH-LEVEL CONFERENCE, which aimed to shed light on the sectors of real estate and construction and was attended by an elite group of real estate industry experts, specialists, and pioneers. The Conference’s first panel, entitled […]
Saudi Food-tech Startup FeedUs To Raise $2.5M In A Seed Funding Round
Saudi digital ordering platform FeedUs announced it is seeking to raise $2.5 million in a seed funding round with participation from angel investors. A hub for connecting four main pillars of food delivery, which are food delivery providers (aggregators), POS system, white label online ordering engines and last mile delivery companies, FeedUs is a comprehensive […]
Mindware Aligns with Saudi Vision 2030 by Showcasing Multi-digital Technologies at #LEAP23
Riyadh, Saudi Arabia, 13 February, 2023 – Mindware, a leading Value-Added Distributor in the Saudi market, announced its participation for the second year at LEAP, the global platform for the most disruptive technology professionals, taking place in Riyadh between 6th – 9th February. With digital transformation, cybersecurity, connectivity, data management and AI adoption being a top priority for Saudi […]
Tabadul Marks 2022 Achievements More innovative and diverse portfolio, over-arching strategy, and a promising investment outlook
The Saudi Company for Exchanging Information Electronically (TABADUL) has marked several new achievements in 2022, providing innovative services to the logistics and financial sectors in collaboration with its partners from the government and private sectors. Building an integrated logistics ecosystem and creating secure technical solutions, Tabadul supports the Kingdom’s digital transformation and cements its position as […]
Deloitte publishes reports at World Government Summit 2023 addressing cyber skills gap and future health policymaking
Dubai, United Arab Emirates – 13 February 2023: As one of the knowledge partners of the World Government Summit, Deloitte is publishing two reports titled ‘Closing the gap on the cyber skills domain’ and ‘One for All and All for Health: The future of health policymaking through Health in All Policies’. Deloitte Middle CEO, Mutasem Dajani […]
Mastercard and Network International launch new Artificial Intelligence fraud-prevention solution
Saudi Arabia – 13 February 2022: Mastercard today announced that it is partnering with Network International, the leading enabler of digital commerce across the Middle East and Africa, to address fraud, declines and chargebacks in order to reduce costs and risk for acquirers. Through the partnership, Network will launch Mastercard’s Brighterion Artificial Intelligence (AI) technology across […]
Ad
Saudi Data and AI Authority (SDAIA) and Rackspace Technology Sign Memorandum of Understanding
Saudi Data and AI Authority (SDAIA) and Rackspace Technology Sign Memorandum of Understanding Partnership will Accelerate Saudi Arabia’s Digital Transformation Journey and Help Achieve Vision 2030 Riyad, Kingdom of Saudi Arabia – February 13, 2023 – Saudi Data and AI Authority (SDAIA), a government agency with a mission to unlock the value of data as a national asset, […]
Saudi Arabia’s Plastus Seals Top Prize in #LEAP23 ’s US$1 Million Rocket Fuel Startup Pitch Challenge
Riyadh, Kingdom of Saudi Arabia – February 10, 2023: Saudi Arabia’s Plastus, which produces 100 per cent biodegradable bioplastics through the fermentation of bacteria, scooped the US$250,000 main prize at this year’s LEAP Rocket Fuel Startup Pitch Challenge, powered by Saudi Arabia’s National Technology Development Programme (NTDP), after wowing a star-studded judging panel in Riyadh. Concluding […]
Sultan Buti Bin Mejren Opens the 19th edition of the International Property Show
A Platform to Promote Real Estate Market Dubai, United Arab Emirates, 12th February 2023: H.E. Sultan Buti Bin Mejren, Dubai Land Department Director-General, today opened the 19th edition of the International Property Show, which takes place from 12th to 14th February 2023 at Dubai World Trade Centre, Dubai, UAE. The event, which witnessed the participation of more than 120 […]
Bahri Line launches new liner service between Asia and Europe through Saudi Arabia
The new shipping route will connect Asia to Europe via Jeddah Islamic Port with a rotation of the Far East, India and Saudi Arabia JEDDAH, KSA, 12 February 2023 – Bahri Line, a business unit under Bahri Logistics, has officially established a new pendulum service line between the Asian and European continents. Traveling through Jeddah Islamic Port, the […]
Jeddah Historic Waterfront Development Project Kicks Off
The project will revitalize the historic Al Bant Port –Minister of Culture. Jeddah, Sunday, 12 February 2023 – Jeddah Historical District Program (JHD) of The Ministry of Culture has launched its Jeddah Historic district’s Waterfront Project today. The project is part of the larger Jeddah Historical Rejuvenation Project, launched in September 2021 by His Royal Highness […]
Forbes Middle East Celebrates The Middle East’s 100 Most Powerful Businesswomen 2023
Meet The Region’s Top Female Business Leaders Dubai, 12 February 2023: Forbes Middle East has revealed its flagship annual list of the region’s most powerful businesswomen for 2023, ranking the female leaders championing business success in the Middle East and beyond. The list was constructed based on the size of the business, the individual’s impact, achievements, […]
Huawei to Invest $400 Million to Establish Cloud Region in Saudi Arabia
Riyadh, Saudi Arabia, 10 February 2023: During the LEAP 2023 event, HUAWEI CLOUD announced it would launch a cloud region in Saudi Arabia to boost the country’s digital economy and enable access to more advanced and secure cloud services for government, corporate and individuals. HUAWEI CLOUD followed this with a recent announcement to bolster digital transformation […]
The International Property Show Kicks off in two days at Dubai World Trade Centre
Dubai – 10 February 2023 Under the patronage of Dubai Land Department (DLD), the 19th edition of the International Property Show (IPS 2023), the largest property platform in the Middle East for local and global markets, will take place from 12 – 14 February. IPS 2023 will showcase current and future real estate projects and […]
Mobily continues #LEAP23 with partnership announcements and MoU signings across digital transformation and investment
Riyadh, Saudi Arabia, 09 February 2023: – Mobily has unveiled a series of agreements and partnerships across a wide range of technology fields such as online marketplaces, CSR, cybersecurity, infrastructure, cloud and more on Day Three of LEAP 2023. Thousands of delegates, experts and industry leaders continued to attend day three of the ongoing mega-event, which […]
Technological neutrality: the path to political balance and economic stability World technology between China and the United States of America
Author: Dr. Abdul Rahim Al Hour It is evident that all economic sectors, now and in the future, depend on communication technology and artificial intelligence. These include the industrial sector, the service sector, and even the intellectual sector, such as law, medicine, philosophy, and other humanities. These technology applications also have a cross-industry impact in […]
stc enables future technologies with global investments and partnerships at #LEAP23
stc Group concludes LEAP Conference by signing more than 40 MoUs Riyadh, February 9: The global technology conference “LEAP23” concluded its functions by announcing significant global partnerships and a billion investments to support future technologies, digital entrepreneurship and technology startups to achieve the Kingdom’s Vision 2030 in diversifying the economy, localising technology and progressing industries. stc […]
SAUDI AL RUSHAID GROUP SIGNS PARTNERSHIP AGREEMENTS AT AFRICAN MINING CONFERENCE ‘INDABA’ TO SUPPORT LOCAL MINING SECTOR
Cape Town, South Africa 09 Feb 2023: As part of the largest ongoing African mining conference, “Indaba”, in Cape Town, leading Saudi conglomerate Al-Rushaid Group has inked partnership agreements with four international private firms specializing in mining services, drilling technology solutions, industrial auctions, and geotechnical solutions. The collaborations are dedicated to strengthening Saudi Arabia’s domestic mining […]
Huawei regional president reiterates support for Saudi Arabia’s digital transformation goals #leap23
Saudi Arabia, February 8, 2023, Steven Yi, President of Huawei Middle East and Central Asia, gave a keynote on the second day of LEAP, Saudi Arabia’s largest and most comprehensive ICT exhibition. In his speech, Yi highlighted how Huawei works with partners to help the Kingdom build a more robust infrastructure to achieve its global computing […]
DAMAC Group Accelerates Kingdom of Saudi Arabia Data Centre Roadmap and will Go Live with Facilities in Dammam and Riyadh in 2023 #leap23
The facilities offer hyperscalers, cloud service providers, content companies, over the top (OTT) players and enterprises, diverse and highly connected hubs for serving local and international customers. Riyadh, Kingdom of Saudi Arabia, 08 February 2023 – DAMAC DATA CENTRES, a global digital infrastructure provider owned by the DAMAC Group, will go live with facilities in Riyadh and […]
KSA and China Forge New Path Towards An Innovative Future with Launch of Saudi Arabia-China Entrepreneur Association #leap23
Riyadh, Saudi Arabia – February 07, 2023 – The Saudi Arabia-China Entrepreneur Association (SCEA) was officially launched today at the LEAP 2023 conference in Riyadh, bringing together top government entities, enterprises, NGOs, and academic institutions from both countries. SCEA is a non-profit organization supported by the Ministry of Communications and Information Technology (MCIT), the Saudi […]
Deloitte showcase A Whole New World at LEAP23 in Riyadh
Riyadh, Saudi Arabia – 6 February 2023: Deloitte is taking part at LEAP23, as the official Innovation & Emerging Technology Partner of the global technology event. The renowned professional services provider is showcasing integrated technology solutions that address a range of market needs such as sustainability, smart cities, cyber security, analytics, human capital, marketing and others. […]