Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Mobily expands Mobily Pay services in partnership with Ericsson #leap23
In partnership with Ericsson (NASDAQ: ERIC), Mobily, the leading digital partner of the international technical conference LEAP 23, has announced, during LEAP 23, the launch of Mobily Pay recently in the Kingdom of Saudi Arabia (KSA). Mobily Pay is a mobile financial service that is available to all the users in the Kingdom to conduct […]
Micro Focus to showcase technology prowess at Riyadh Tech Conference
The 2nd Annual LEAP Conference, a global tech event to be held in the Saudi capital, is expected to gather more than 100,000 tech innovators and leading experts from across the world. Riyadh: Micro Focus, a leading technology company, will showcase its cutting-edge technology capabilities at the 2nd Annual LEAP Conference, a prestigious global technology […]
Dell Technologies to showcase solutions for the ‘do anything from anywhere’ economy at #LEAP23
Dell Technologies will showcase its end-to-end solutions for the ‘do anything from anywhere’ economy at LEAP 2023. These include technologies covering AI/ML, Edge and Quantum Computing that empower organizations to accelerate digital innovation and achieve competitive breakthroughs. Digital innovations are changing how businesses and economies operate. The recent Breakthrough study by Dell Technologies found that 48% of […]
Zagzoog for Home Appliances opens the first Kitchen Aid Showroom in the Kingdom of Saudi Arabia
Zagzoog for home appliances opened the first Kitchen Aid showroom in the Kingdom of Saudi Arabia, which is the best brand of small appliances in the United States of America since 1919. Engineer Yasser Al-Zagzoog explained:” that the company was keen to bring this ancient American brand to the Saudi market through its agent, the […]
Geely Holding Experiences 4.7% Increase in Annual Sales, 82% YoY Market Share Growth in Saudi Arabia
Geely Holding experienced a 4.7% increase in annual sales in 2022, with a total of more than 2.3 million units sold across its brand portfolio. The demand for new energy vehicles was a key driver of this growth, as the group’s sales of electrified and clean alternative fuel vehicles doubled to more than 675,000 units, representing […]
Telr Payment Gateway Participates in #LEAP23
Telr the award-winning online payment gateway is participating at the second edition of LEAP 2023, that takes place from 06th to 09th of February at the Riyadh Front Expo Centre, Saudi Arabia. LEAP 2023 is a major event that offers access into a limitless tech potential towards building a positive future, gathering 100,000+ tech innovators and […]
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A Pragmatic Approach to Boost Sustainability in the Middle East Retail Sector
By Cyrille Fabre, Middle East Head of Consumer Products and Retail Practices, Bain & Company and Luciana Batista, Partner, Bain & Company Sustainability has leaped to the top of the agenda for retailers. The expectations of consumers, investors, regulators, and other stakeholders are rising—and rightly so, given the scale of retail operations and the number […]
stc pay’s CEO to participate as a keynote speaker at the 2nd edition #LEAP23 Global Technology Innovation Conference
LEAPs main theme this year is “Into New Worlds” to build a more innovative future Riyadh: 02 February 2023 stc pay, the Saudi digital payments company and the largest digital wallet in the MENA region, and a leading regional operator of innovative digital technology and financial services, is preparing to participate in the second edition of the LEAP […]
Alfanar signs MoU with Daewoo E&C during iktva 2023
Dammam 1st Feb – Alfanar signed a memorandum of understanding (MoU) with the Korean company, Daewoo Engineering & Construction, during Saudi Aramco’s iktva 2023 Forum & Exhibition that is currently being held at Dhahran Expo Center under the patronage of HRH Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province. The $1.5 billion agreement signed by […]
Unifonic to present the evolution of its omnichannel customer engagement technology and newly acquired conversational AI at #LEAP23 in Saudi Arabia
The company’s participation aligns with Saudi Vision 2030 to accelerate digital transformation initiatives in the Middle East. February 2, 2023: Unifonic, the leading customer engagement platform and CPaaS (Communications Platform as a Service) provider in the Middle East, is set to participate at LEAP 2023 in Riyadh, Saudi Arabia. At the second edition of the global […]
Digital Cooperation Organization (DCO) hosting the 2nd General Assembly in Riyadh
Riyadh, Saudi Arabia, 2 February 2023 – The Digital Cooperation Organization (DCO) will host the 2nd General Assembly in Riyadh, Saudi Arabia, on the 5th of February, bringing together DCO Member States to discuss strategic directions and initiatives to enable digital prosperity for all nations. Ministers representing the 13 DCO member states, along with high-level delegations from DCO observers, as well […]
SolarWinds to Host EMEA Transform Partner Summit, Emphasizing Company’s Growing Focus on Channel Partners
Barcelona event will feature keynote presentations from SolarWinds executive leadership team, product strategy sessions, and technical and sales accreditation training Dubai, United Arab Emirates – February 1, 2023—SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, today announced it will host its annual Europe, Middle East, and Africa (EMEA) Partner Summit 2023 in person in Barcelona, […]
Pakistan’s largest IT company, Systems, establishes regional headquarters in Saudi Arabia #LEAP23
Operating as Systems Arabia, the company will participate at LEAP 2023, showcasing its cutting-edge solutions and global success stories Riyadh, Saudi Arabia, 1 February 2023 – To expand its global footprint, after successful operations across the Middle East (the UAE, Egypt and Qatar), Systems has recently established Systems Arabia, a subsidiary headquartered in Riyadh. The company has received tremendous traction from large enterprise clients in the telecommunications, […]
Nutanix to Support Digital Transformation and Saudi Vision 2030 Through Message of ‘IT Simplification’ at LEAP Saudi Arabia #LEAP23
RIYADH, Saudi Arabia, February 1st 2023 – Nutanix (NASDAQ: NTNX), a leader in hybrid multi-cloud computing, today announced its participation at LEAP, the global platform for the most disruptive technology professionals, taking place in Riyadh between 6 – 9 February. The company will exhibit under the theme ‘The Power of Simplicity’ and share its vision and strategy that […]
HPE announces its participation at LEAP 2023 #LEAP23
A portfolio of edge-to-cloud solutions from across the Hewlett Packard Enterprise portfolio, including HPE Aruba Networking, will be showcased at the forthcoming global tech event in Saudi Arabia January 30, 2023 – Riyadh, Kingdom of Saudi Arabia – Hewlett Packard Enterprise announced today its participation at the second edition of LEAP taking place at Riyadh Front Exhibition […]
EY: 2022 was a record year for MENA IPOs with 51 listings
Dubai, UAE – 31 January 2023: According to the EY MENA IPO Eye Q4 2022 report, the MENA region saw a record number of IPOs in 2022 with 51 IPOs and combined proceeds of US$22.0 billion. The year witnessed a 143% increase in the number of listings when compared to the 21 announced in 2021, and […]
Cisco Reveals Top Technology Insights for 2023 ahead of LEAP in Saudi Arabia #LEAP23
Riyadh, Kingdom of Saudi Arabia – 31 January 2023: Ahead of LEAP 2023 technology conference in Riyadh, Cisco has shared its insights into technological trends that will help businesses in the region make the most of digital transformation.Cisco sees security, hybrid work, multi-cloud architectures and sustainability as key themes in 2023, all powered by connectivity and a next generation of networks. […]
SADAFCO RECEIVES ISO 26000:2010 CERTIFICATE OF CONFORMACE
Jeddah, Saudi Arabia, 31 January 2023: SADAFCO announces receiving an ISO 26000:2010 conformance certificate for its strategic integration of CSR policies into the Company’s operations. This announcement comes six months after the Company’s Board of directors recommended its CSR policy which was subsequently approved by the general assembly on 28/06/2022. The Company receives this certificate […]
Smart roads: the arteries of progress
By Ahmed Sayed, Middle East Business Development Director for ACCIONA Transports Solutions. If the Roman Empire excelled in anything, it was a genius for public works. Its roads were the first ever. When you travel from Italy or the south of France to Spain, for example, the highway states that on some sections you are […]
Mastercard joins forces with EazyPay to revolutionize online checkout experience
Mastercard helps to expand e-commerce payment services and digital offerings to all EazyPay merchants Riyadh, Saudi Arabia – 24 January 2023: Mastercard, a technology leader in the global payments industry, has partnered with Bahrain’s leading fintech and payment service provider Eazy Financial Services (EazyPay) that will now be powered by Mastercard Payment Gateway Services (MPGS). MPGS is a trusted platform that […]
The world’s largest GPRC summit calls for an integrated approach to GRC to achieve 360-degree risk awareness
Riyadh, Saudi Arabia, 25 January 2023: The GPRC Summit 2023 in Riyadh, organised by Ejtemaat Events and hosted by Corporater, a global software company providing integrated governance, performance, risk and compliance (GPRC) solutions, brought together GRC experts, CEOs, executives and key decision makers from various industries to discuss technologies, insights and key trends shaping the future […]
Hope Ventures announces the airing of Beban Season 2 on Dubai TV
50 Entrepreneurs and 21 Regional Investors on Beban Season 2 Manama, Bahrain – Beban, an entrepreneurship-themed reality television show produced by Hope Ventures, the investment arm of Hope Fund, announces the airing of its second season on Dubai TV starting January 20th, 2023, at 10:30 PM. Beban showcases entrepreneurs pitching their businesses in front of a panel […]