Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
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 […]
- Ad
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 […]
Most read in Economy & Business
- Saudi Businesses Expand Investment in Agentic AI for Enterprise Operations
- Bupa Arabia Concludes Bupa Padel 2026 Tournament in Riyadh
- iSolution Earns Great Place to Work Certification in Saudi Arabia and UAE
- Fortinet and Aramco Sign Agreement to Expand Industrial Cybersecurity in Saudi Arabia
- ELSEWEDY ELECTRIC PSP and Sinohydro Sign $2.2B Rabigh 2 IPP Expansion Contract
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 […]
Mindware to Showcase Technologies that Support Digital Transformation of Saudi Arabia at LEAP’ 22
RIYADH, KSA, 31st January, 2022 – Aklaniat Technologies, a subsidiary of Mindware and a leading Value-Added Distributor in the Saudi market, today announced its participation at LEAP, the global platform for the most disruptive technology professionals, taking place in Riyadh between 1 – 3 February. With a large and varied portfolio of world class vendors, offering market leading technologies in […]
stc pay Addresses Fintech And Innovation During LEAP And Showcases The Drive Towards A Cashless Society
RIYADH, Jan, 31, 2022 – stc pay, MENA’s largest digital wallet and a leading regional operator in fintech providing innovative and secure digital financial services, will be one of the main participants at this year’s LEAP 2022 conference. LEAP will bring together the global technology community to tackle the biggest socio-cultural challenges of the world. In […]
Proven Arabia to Exhibit Leading Technologies at #LEAP22
Proven Arabia will be participating at LEAP this year to introduce the company’s latest innovations Dubai, UAE – January 31, 2022 – Proven Arabia, an international holding company for its’ portfolio of corporate brands that offer global solutions for companies in the Middle East, has announced its participation in LEAP in Riyadh, Saudi Arabia from February 1st until […]
Everdome Metaverse Coin to be Listed on the Second Largest Crypto Exchange OKX
Everdome listing on the second biggest exchange platform will springboard towards mass adoption JANUARY 31, 2022 – Everdome, the new metaverse experience – leveraging a high-tech, immersive, and hyper-realistic virtual environment, is announcing that their new token, DOME, will officially be listed on OKX.com on the 8th of January. OKX, which has over 250 digital assets […]
Uber MENA: 2021 in Numbers
When we closed 2021, we completed Uber’s Year in Review – a look back over the year to reflect on how Uber was used in the MENA region. Since launch, we’ve been busy Zooming out, Uber has been busy since we launched in MENA. Over 31 million riders have taken trips, and drivers have always […]
MALAYSIAN MINISTER LAUNCHES COMMODITIES INTEGRATION MARKETING COMPANY IN JEDDAH, SAUDI ARABIA TO STRENGTHEN MARKET POSITION
27 January 2022 1. Hon. Datuk Hajah Zuraida Kamaruddin, Minister of Plantation Industries andCommodities of Malaysia officially launched the agricommodity regional officein Jeddah during a ministerial mission to Saudi Arabia followed by a RoundtableDiscussion with the representatives of Palm Oil, Rubber and Timber Industriesof Saudi Arabia to strengthen market position in this region for Malaysia’sagricommodity […]
Nutanix to Bring Message ‘Cloud on Your Terms’ to #LEAP22
RIYADH, Saudi Arabia, 27th January, 2022 – Nutanix (NASDAQ: NTNX) a leader in hybrid multicloud computing, today announced its participation at LEAP, the global platform for the most disruptive technology professionals, taking place in Riyadh between 1 – 3 February. The company will exhibit under the theme ‘Cloud on Your Terms’ and demonstrate Nutanix’s simple, flexible, and cost-efficient platform […]
92% of Government IT Decision-Makers Agree Saudi Arabia is Accelerating towards Digital Transformation
More Than Half to Invest in HCM, ERP, and Core Solutions in 2022 and Beyond 77% to Invest in AI/Machine Learning and Predictive Analytics in 2022 and Beyond RIYADH, Kingdom of Saudi Arabia — 27 January 2022— Nearly all (92%) of Saudi Arabia’s government IT decision-makers agree that the COVID-19 pandemic has accelerated their digital […]
Kaspersky celebrates fourfold growth in MSP sales since 2019
In the first three years of its MSP Foundation project, Kaspersky has achieved fourfold growth in sales among its managed service providers. In addition, the number of active partners has increased three and a half times since 2018, with significant growth in countries within Europe, North America, and South Africa. The introduction of a flexible pay-as-you-go […]
LG ANNOUNCES 2021 FINANCIAL RESULTS
Highest Full-Year and Fourth-Quarter Revenues in LG Electronics’ History Driven by Strong Demand in Premium Home Appliances and TVs Jeddah, Saudi Arabia, Jan. 27, 2022 — LG Electronics Inc. (LG) continued its strong performance in 2021, achieving the highest annual revenues in its history with full-year sales of KRW 74.72 trillion (USD 63.16 billion). This increase of 28.7 percent over 2020 was […]
Tetra Pak announces the inauguration of first-of-its-kind solution in the Arab region to recycle carton packages
Tetra Pak announces the inauguration of first-of-its-kind solution in the Arab region to recycle carton packages Riyadh, 27 January 2022: Tetra Pak®️, the world’s leading food processing and packaging solutions company’, has inaugurated a solution to recycle carton packages – the first of its kind in Arabia area. The initiative was made possible by an […]