Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Sitecore Strengthens KSA Presence with solutions by stc Company Partnership
Riyadh, Kingdom of Saudi Arabia – 8 February 2022 – In a continuing demonstration of its commitment to the Kingdom’s accelerated digital transformation efforts that are driven by Saudi Vision 2030, Sitecore®signed an agreement with solutions by stc, the kingdom’s leading digital enabler, to provide marketing technology solutions and training primarily to the country’s key public and private […]
Honeywell and solutions by stc Sign Memorandum of Understanding to Accelerate Digital Transformation Projects in the Kingdom 
RIYADH, Saudi Arabia, February 8, 2022 – Honeywell (Nasdaq: HON) and solutions by stc, have signed a Memorandum of Understanding (MoU) to help develop strategic mega projects across the Kingdom in support of Saudi Vision 2030 and its efforts to create a more diverse and sustainable economy and accelerate digital transformation. The MoU between Honeywell and solutions […]
stc pay concludes its participation in leap conference events and signs a number of memorandums of understanding #LEAP22
Riyadh, February 7, 2022: stc pay, Saudi Arabia’s leading digital wallet, participated in the first edition of LEAP 2022, a three-day global technology conference hosted in Riyadh, Saudi Arabia. stc, pay CEO Ahmed Al Al Enezi participated in the first day’s events during a panel discussion entitled “Fintech and Innovation,” along with Ali Bailon, General Manager […]
SAP, First International Company to receive Cloud Data Center Class C Certification from CITC at #LEAP22
Riyadh, Kingdom of Saudi Arabia — 7 February 2022— Global technology company SAP last week received at LEAP 2022 Class C certification of SAP Cloud DATA Center from the Communications and Information Technology Commission (CITC). As one of the largest partners and exhibitors at the inaugural LEAP event, SAP hosted a large-scale drone show during the […]
Kingdom’s first integrated defense show to open its doors on March 6 under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud #WDS2022
Saudi’s first-ever World Defense Show ready for launch Hundreds of global leaders to attend in the presence of international and local industry giants Event will unlock massive local industry opportunities for global firms Riyadh, 7th February 2022 – Saudi Arabia’s World Defense Show, the global defense and security event to be held in Riyadh under […]
Herman Miller Partners with Love That Design to Host Dialogue on Sustainable Manufacturing and Design with Architecture and Design Experts.
UAE, 7th February 2022: Leading design brand and furniture manufacturer Herman Miller, which is part of the MillerKnoll collective, recently partnered with Love That Design to discuss the importance of sustainability in the built environment. During the event at the Cosentino showroom in d3, experts on sustainability, architecture, and design, discussed the planet’s depleting resources, sustainable design, […]
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100,000 Registered Attendees See #LEAP22 Leapfrog Into first Place in International Technology Events
Riyadh, February 05, 2022, SPA — The inaugural edition of LEAP has set new records for a debut technology event, attracting over 100,000 registered attendees from more than 80 countries. Over 700 exhibitors including the world’s leading technology companies and over 1,500 of the most innovative start-ups, along with more than 500 international speakers joined […]
Huawei explores how countries in the Middle East region can take the lead in digitization at the inaugural #LEAP22 summit in Riyadh
Huawei experts shared digital transformation strategies throughout the three-day conference, including a keynote from Huawei rotating chairman Mr. Guo Ping As a strategic sponsor of LEAP, Huawei’s exhibition included end-to-end innovations from across all of its core business groups and emerging business units Riyadh, Kingdom of Saudi Arabia – February 3, 2022: During this week’s LEAP conference held […]
His Excellency the Minister of Investment, Eng. Khalid Al-Falih, and His Excellency, the Minister of Communications and Information Technology, Eng. Abdullah AlSawaha launched Huawei’s largest flagship store overseas in Riyadh On the side-lines of the LEAP Conference #LEAP22
Riyadh, KSA – February 3rd 2022: On the side-lines of the LEAP International Technical Conference in Riyadh Front; Huawei Consumer Business Group, the iconic global technology brand, has opened its doors to the company’s new store in Riyadh, KSA – its largest flagship store overseas. The grand opening of the Huawei flagship Store took place on the […]
Aramco Invests in Cognite
Saudi Aramco, Cognite’s long-time digitalization partner in the Middle East, acquired a 7.4% stake in Cognite OSLO, Norway–(BUSINESS WIRE/AETOSWire)– Cognite, a global leader in industrial software innovation, announces today that Saudi Aramco, via its subsidiary Aramco Overseas Company B.V., has invested in Cognite by purchasing 100% of Aker BP’s shares in the company. “Cognite has proven […]
Zain KSA and Al Rajhi Bank Sign a Deal to Enhance Financial Inclusion with Innovative Mobile Technologies #LEAP22
A New Dawn for Banking Solutions Connectivity Coinciding with the Global Tech Event “LEAP” Connecting Al Rajhi Bank’s locations in the Kingdom to Zain KSA’s cutting-edge network. Contributing to financial inclusion and upgrading the sector’s services with the latest and most reliable technologies in line with the national digital economy strategy. Zain KSA and Al […]
stc pay signs MoU with Hungerstation to enhance the digital transformation #LEAP22
Riyadh, February 2.2022: stc pay, the leading digital wallet in the Kingdom, signed a memorandum of understanding with Hungerstation, to enhance the digital transformation, in align with the Saudi Vision 2030, achieve the objectives of stc pay strategy, to promote its customers’ experience and expand the partnership scoop between stc pay and Hungerstation. This MoU […]
LEAP Launches SAUDI IGNITE PROGRAM, 36 Initiatives Worth SAR 4.2 Billion #LEAP22
Riyadh, February 02, 2022, SPA — The “LEAP”, global tech conference hosted by Riyadh, announced today the actual launch of the digital content program “SAUDI IGNITE PROGRAM” with an estimated budget of SAR4.2 billion. The program aims to regulate and activate the digital content markets in the Kingdom, via facilitating the participation of the private […]
Innovation in services drives the growth of digital payments sector in the Kingdom, says stc pay CEO #LEAP22
Riyadh, 2 February 2022 – stc pay, one of the many fintech giants in KSA, participated during a panel discussion on Fintech and Innovation at the LEAP 2022 conference. The CEO Ahmed Elenzi, took the lead on the discussion. Ahmed highlighted some exciting and conversational insights during the panel discussion, tackling topics related to technology, fintech, […]
JAGGAER leading the Autonomous Commerce revolution in the Middle East
Smart-match recommendations aligning buyer needs with supplier capabilities and autonomous execution of repetitive tasks to headline a new JAGGAER strategy for business in the Middle East and the rest of the world Over $500 billion worth of goods flow through the JAGGAER Enterprise Commerce Network every year Dubai, United Arab Emirates, 2 February 2022: JAGGAER has […]
The Garage is a World-Class Innovation Hub to Support Technology Startups #LEAP22
Riyadh, February 01, 2022, SPA — The global technology event “LEAP”, which is hosted in Riyadh, has witnessed a historic moment today, the announcement to launch “The Garage” a world-class innovation hub to support emerging and disruptive technology based startups. During the event Dr. Munir Eldesouki, President of the King Abdulaziz City for Science and […]
stc pay to be Headline Sponsor for the 13th Compliance and Anti-Money Laundering Seminar 2022 #LEAP22
RIYADH, February 1st, 2022 – stc pay, the leading digital mobile wallet in Saudi Arabia, was the headline sponsor for the Compliance and Anti-Money Laundering Seminar (CAML) that took place in Riyadh on January 30. This step was made because stc pay understands the importance of CAML and implements money laundering regulations to increase the company’s awareness […]
Technology Has Changed the Worker-Firm Relationship
By Juerg Kronenberg, Partner, Bain & Company Middle East and Andrew Schwedel, Partner, Bain & Company New York The Covid-19 pandemic has profoundly shifted the way workers interact with their firms. While some workers are starting to return to the office, the new equilibrium is unclear. Most firms will adopt a hybrid model, but exactly […]
The Garage is a World-Class Innovation Hub to Support Technology Startups #LEAP22
Riyadh, February 01, 2022, SPA — The global technology event “LEAP”, which is hosted in Riyadh, has witnessed a historic moment today, the announcement to launch “The Garage” a world-class innovation hub to support emerging and disruptive technology based startups. During the event Dr. Munir Eldesouki, President of the King Abdulaziz City for Science and […]
Checkout.com report shows how Saudi Arabia is turbo-charging its digital economy under Vision 2030 #LEAP22
45% of Saudi consumers surveyed believe the most important pillar to underpin Vision 2030 is further digitization of the economy and greater access to digital skills and education Nearly half of all Saudis planning to spend even more on eCommerce in the next 12 months, as they deploy more of their retail spending power through digital transactions […]
Najm Earns ISO 20000-1 Certification for IT Service Management System
In Pursuit of its Digital Strategy to Ensure World-Class Service Riyadh, KSA, February 1, 2022: In a milestone achievement showcasing the success of its strategy in enhancing its digital services and infrastructure to boost efficiency and ensure a fully integrated, uninterrupted service, Najm for Insurance Services has obtained the ISO 20000-1 certification, which specifies the […]
TAWAL showcases smart ICT solutions as Gold Sponsor at LEAP 2022
Riyadh, Saudi Arabia – 31st January 2022: TAWAL, the leading Saudi ICT Infrastructure Company, has announced its participation as a gold sponsor at LEAP 2022. The global platform for future technologies is being held at the Riyadh Front Expo Centre, Saudi Arabia, from February 1st – 3rd, 2022. From its booth no. 10 in Hall 3, as an exhibitor, TAWAL […]