Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
– In cooperation between Princess Nourah Bint Abdul Rahman University and Microsoft Arabia, in a lecture to empower Saudi women to the labour-market within the Women Leaders 2030 initiative.
Microsoft Arabia, in cooperation with Princess Nourah Bint Abdul Rahman University, organized a virtual session entitled “The importance of self-evaluation in terms of strengths, weaknesses and available opportunities”, within the initiative of the “Ministry of Human Resources and Social Development – Women Leaders 2030”, where more than 300 candidates from the initiative were invited representing […]
KIKLABB Tailors Trade Licensing Packages to Entrepreneurial Needs during Pandemic
KIKLABB Licensing and Workspaces, a licensing business owned by a government entity, has been creating solutions for new startup and entrepreneurs for their trade licensing services. They have seen a steep increase in the number of licenses issued, since the recent launch of their virtual solutions. Although the COVID-19 pandemic has without a doubt had […]
TPAY Mobile and Vodafone Egypt launch Digital Payment on Google Play
Vodafone Egypt, the largest mobile network operator in Egypt in terms of active subscribers and TPAY MOBILE, the leading digital payment enabler in the Middle East and Africa, announced today the launch of Direct Carrier Billing (DCB) on the Google Play store. Through this partnership TPAY MOBILE, which operates in the UAE, Egypt, Saudi Arabia, […]
Cisco Continues Commitment to Customers and Partners with $2.5B in Financing to Support Business Resiliency
30 April 2020: As part of Cisco’s commitment to help customers and partners globally navigate an evolving landscape, the company has introduced a new Business Resiliency Program in the Kingdom. Offered through Cisco Capital, the vendor financing business within Cisco, and designed to help mitigate financial challenges resulting from the Covid-19 pandemic, this program […]
HONOR Launches ‘HONOR Cares’ Service to Deliver the In-Shop Experience for KSA Customers at Home
HONOR, a global technology brand, reveals its ‘HONOR Cares’ service for customers in the Kingdom of Saudi Arabia, introduced to prioritize customer safety and convenience throughout the purchase experience. The HONOR official online store has ramped up its operations to adapt to the norms of social distancing to provide personalized services to customers, assist online […]
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Saudi “Bold Communication Agency” Ranks 22nd Among the World’s Most Successful Agencies
The Good Report 2019 by ACT Responsible awards Bold Communication Agency, a Saudi success story, the 22nd most successful agency worldwide out of 673 agencies evaluated from 76 markets producing 1108 campaigns for 882 brands (321 commercial brands, 444 not-for-profit, 117 governmental bodies). This yearly report is a unique ranking of the world’s best […]
Cisco Recognized as one of the Kingdom’s Best Workplaces
Cisco has been identified as one of the ‘Best Workplaces in Saudi Arabia’, by Great Place to Work (GPTW) Middle East, achieving second position in this year’s list. Great Place to Work recognized 25 private and 9 public and non-profit entities in the Kingdom of Saudi Arabia, evaluating their success based on a comprehensive […]
DMS launches its “Lead Collection Solution”
At a time when regional businesses are increasing their focus on both digital media and performance campaigns, Digital Media Services (DMS), the digital arm of Choueiri Group has launched its all-new “Lead Collection Solution”. Elaborating on the Solution’s uniqueness, DMS’ Chief Operating Officer Michel Malkoun stated that “With marketing dollars shifting towards lower funnel approaches […]
Cisco commits $225 million to global COVID-19 response
Chuck Robbins has announced the company’s efforts to combat the impact of COVID-19, by supporting a range of global and local initiatives. Cisco is committing $225 million in cash, in-kind, and planned-giving to support causes and is also rallying its 77,000-strong employee network to work alongside community partners on the frontlines during the time […]
Wipro Launches Microsoft Business Unit for Digital Transformation Solutions
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the launch of its Microsoft Business Unit. The unit will focus on the development and evangelization of solutions leveraging Microsoft’s enterprise cloud services. This initiative is an outcome of Wipro’s expanded global alliance with […]
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Cisco announces multi-million-dollar agreement with Saudi’s TRSDC to design Red Sea Project’s Smart Destination
: Cisco and The Red Sea Development Company (TRSDC) have announced a multi-million-dollar advisory agreement to design a Smart Destination services, platform and ICT master plan for The Red Sea Project, the world’s most ambitious tourism and hospitality project. The announcement was made following the Cisco Connect event in Riyadh. The Red Sea Project is […]
51% of companies have no business continuity plan to combat coronavirus outbreak: Mercer study finds
More than half of companies (51%) around the world have no plans or protocols in place to combat a global emergency, such as coronavirus (COVID-19), a study by global consultancy firm Mercer has shown. Commenting on the role of businesses during times of ambiguity, Nuno Gomes, Head of Career at Mercer MENAT stated: “Organisations must […]
TVs, phones, and a lot more: Samsung showcases what’s in store for the region at the MENA Forum 2020
Samsung Electronics Middle East and North Africa (MENA) today shared its new lineup of advanced innovations at its latest MENA Forum in Malta, all of which have been designed with a human-centric approach to solve problems and enhance people’s lives. The MENA has emerged as key market and major hub for technology innovation having witnessed […]
AIM 2020 to highlight need for innovative strategies to address global economic challenges
The 10th edition of the Annual Investment Meeting (AIM 2020), the world’s leading investment platform, will highlight the changing global investment landscape and the need to develop work mechanisms and innovative investment strategies that help facilitate FDI flows into global economies, to promote sustainable economic growth, particularly in light of the global FDI decline under […]
Huawei commits to empower 10,000 Saudi ICT talents by 2023
Huawei has reiterated its commitment to developing talent within the Kingdom’s ICT sector in line with the goals of Vision 2030. Having recently celebrated the first anniversary of launching its Saudi Talent Enabling Program (STEP), Huawei has reconfirmed the program’s aim to benefit 10,000 local talents by 2023. The STEP program focuses on training, enabling, […]
The UAE accelerates digital efforts to become the World’s Leading Economy
The UAE government has transformed the country’s economy, knowledge ecosystem and community, with its digital innovations. These efforts are in line with the goal set in the UAE National Agenda to make the country one of the most innovative nations in the world by 2021. Notably, the most significant strategies are the national 2031 AI […]
Network and Application Performance will Drive Business Innovation
today announced the results of a survey which found that over 80% of leaders in Saudi Arabia believe business innovation and staff retention are driven by improved visibility into network and application performance. The survey findings unveiled in the ‘Rethink Possible: Visibility and Network Performance – The Pillars of Business Success’ report cites a positive […]
Samsung Electronics Declares “Age of Experience” at CES 2020
Samsung Electronics Co., Ltd. announced the “Age of Experience” at the opening keynote at CES. As the featured keynote speaker, Samsung Consumer Electronics President and CEO H.S. Kim heralded a decade of human-centric innovation that seamlessly combines hardware and software to create personalized experiences that make life more convenient, more enjoyable, and more meaningful. The […]
W7Worldwide is AVAYA’s Communications Partner in Saudi Arabia
As part of its vision to enhance business and communications strategies, AVAYA, Avaya Holdings Corp. a global leader in solutions to enhance and simplify communications and collaboration, announced W7Worldwide Marketing Communications Consultancy Agency, as its new corporate communications partner in Saudi Arabia. W7Worlwide was selected among a number of regional and international agencies due to […]
Samsung Electronics Showcases Successful ‘C-Lab Inside’ Projects and ‘C-Lab Outside’ Start-ups at CES 2020
Samsung Electronics showcased five innovative projects from its C-Lab Inside program as well as products from four start-ups participating in its C-Lab Outside program at CES 2020, the world’s largest consumer electronics exhibition. “We will actively support C-Lab to create products that reflect the latest market trends and customer demands and will showcase outstanding projects […]
By looking back at 2019, we can make the most out of the next data decade in 2020
By Mohammed Amin, Senior Vice President, MERAT, Dell Technologies It’s hard to believe that we’ve started the year 2020 and that a very interesting decade has come to an end. With every end comes a new beginning and we view 2020 as the start of a more intelligent and connected world enabled by technology. […]
Dell Technologies reinforces commitment to accelerate digital transformation in Saudi Arabia
With digital transformation being a major area of focus for businesses and government across Saudi Arabia, Dell Technologies has reinforced its commitment to advancing the country’s ICT agenda. The Dell Technologies Forum 2019 that was held in Riyadh, brought together business leaders and industry experts to share their insights and expertise on how emerging technologies […]