Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Dubai Women Establishment Awarded with Moro Hub’s Green Cloud Certification
Moro Hub with their data hosting needs reflects their dedication to employing cutting-edge technology and ensuring the highest standards of data management. Dubai, UAE, 8 March 2024: Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), awarded a certificate to Dubai Women Establishment (DWE), a government entity that supports the […]
ACCIONA CELEBRATES 2 MILLION MAN-HOURS WITHOUT INJURIES DURING THE CONSTRUCTION OF THE MADINAH-3 WASTEWATER TREATMENT PLANT
WATER PRODUCTION Once completed, Madinah-3 WWTP -located in Medina, the fourth most populated city in Saudi Arabia-, will be able to produce and treat urban wastewater with a daily capacity of 200,000 m3. Riyadh, MARCH 07, 2024. ACCIONA has achieved two million man-hours without Lost-Time Injuries (LTI) at the Madinah-3 WWTP in the Kingdom of Saudi Arabia […]
e& enterprise spotlights efforts in fuelling KSA’s digitalisation ambitions
Riyadh, 7th March 2024: e& enterprise reinforced its commitment to driving and accelerating Saudi Arabia’s digital future during an exclusive gala dinner held in partnership with the King Abdullah Financial District (KAFD) and International Data Corporation (IDC). With over 150 executives across industries in both public and private sectors in attendance, the event provided a platform for e& enterprise […]
stc Group Championed Digital Transformation at LEAP 2024
Riyadh, KSA, 7 March – stc Group, a global leader in digital transformation, has successfully concluded its participation in LEAP 2024, the world’s most-attended tech event, as its primary strategic partner and exhibitor. At the event, stc Group reaffirmed its commitment to digital innovation beyond connectivity, by demonstrating advanced technological solutions in health, logistics, megaprojects and sports. The […]
ejada partners with ServiceNow to accelerate digital transformation in Saudi Arabia
06 March 2024, Riyadh – ejada, a leading IT services provider in the Middle East and Africa, has unveiled a partnership with ServiceNow, the leading digital workflow company making the world work better for everyone. This collaboration is designed to empower businesses in Saudi Arabia, enabling them to expedite their digital transformation initiatives and achieve heightened […]
KSA-focused CIO Report Reveals Complexity of Technology Stacks Continues to Rise as Multicloud Adoption Accelerates
97% of technology leaders in KSA find that traditional AIOps models deliver limited value, leaving teams unable to tackle the data overload Riyadh, Kingdom of Saudi Arabia, March 7, 2024 – Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the findings of an independent global survey of 1,300 CIOs and technology leaders in large […]
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Publicis Groupe Middle East and Tamkeen Technologies Announce Strategic Collaboration to Drive Digital Innovation in Saudi Arabia
Riyadh, 7 March 2024 – Publicis Groupe Middle East, a regional leader in marketing, communications and digital business transformation, and Tamkeen Technologies, a government entity specialised in information technology, have announced a partnership to leverage their collective strengths to accelerate the digital transformation of the government and private sector in Saudi Arabia. A Memorandum of Understanding […]
Mastercard and First Abu Dhabi Bank ink exclusive long-term global partnership to redefine the region’s payments landscape
Riyadh, Saudi Arabia – 07 March 2024: Mastercard and First Abu Dhabi Bank (FAB), the largest bank in the UAE, have announced an exclusive long-term global partnership, building on their long-standing collaboration, in the Eastern Europe, Middle East, and Africa (EEMEA) region. The landmark deal spans four markets – the UAE, Saudi Arabia, Oman, and Egypt – […]
GoDaddy celebrates the Resilience of Women in Business for International Women’s Day
Selina Bieber: International Women’s Day is an opportunity to recognize and honor the extraordinary contributions of women entrepreneurs JEDDAH – Women in business navigate unique challenges and redefine traditional roles in society. GoDaddy acknowledges their remarkable achievements and shares the stories of women entrepreneurs who inspire and drive change. The Middle East and North Africa region […]
Red Sea Global elevates digital customer experiences
Powered by Liferay’s cloud platform, enhanced website offers a glimpse into the attractions of the developer’s luxury tourism destinations Riyadh, Saudi Arabia – 6th March, 2024 – Liferay Inc., the leading provider of enterprise-level, cloud-powered digital platforms, has strategically collaborated with Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea […]
inspireU by stc and Business France collaborate to Boost Innovation and Entrepreneurship
Malham, Riyadh, March 6, 2024 – inspireU from stc, the leading corporate accelerator in the region, has signed a landmark Memorandum of Understanding (MoU) with Business France, the national agency supporting the international development of the French economy. The strategic partnership aims to foster innovation and strengthen the startup ecosystem in Saudi Arabia and France. This MoU was signed […]
AliExpress Introduces Affiliate Program to Connect Digital Creators in the GCC
Riyadh, Saudi Arabia, 5 March 2024: AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, has announced the extension of its Affiliate Program to Kingdom of Saudi Arabia, United Arab Emirates, Kingdom of Bahrain, Sultanate of Oman, State of Qatar and State of Kuwait within the Gulf Cooperation Council (“GCC“). This program seeks […]
Accepting digital payments essential for business growth: 87% of KSA retailers surveyed by Visa
Riyadh, Saudi Arabia, March 5, 2024: Visa (NYSE:V), a world leader in digital payments, has unveiled results of an independent study titled ‘Value of Acceptance’, which explores merchants’ attitudes towards digital payments and the impact of digital commerce on small businesses and retailers in Saudi Arabia. According to the study, 87% of surveyed merchants surveyed […]
MWC 2024: Newly formed partnership with KSA-based PayTabs to enhance digital payments across MENA
Huawei Cloud Accelerates Intelligence across the Middle East and Central Asia Barcelona, Spain, March 04, 2024: At Mobile World Congress (MWC) 2024, Huawei Cloud announced a new partnership agreement with KSA-based PayTabs. This collaboration is intended to collectively drive the innovation and implementation of cloud and AI technologies in diverse industry use cases. Alan Qi, President […]
LEAP 2024: Alat and KACST partner to support Saudi Arabia’s semiconductor industry
Riyadh, March 04, 2024 – Alat, a PIF company, and King Abdulaziz City for Science and Technology (KACST) today signed a partnership agreement to support the development of the semiconductor industry in Saudi. The agreement will contribute to achieving the goals of Saudi Vision 2030 to grow and diversify the national economy of Saudi Arabia and […]
IBM set to establish a new Software Lab in Riyadh, Saudi Arabia
– IBM Software Lab expected to deliver next-generation hybrid cloud and AI solutions on an international scale. – The lab will build on IBM’s investment portfolio in the Kingdom, complementing Saudi Arabia’s strategic Vision 2030. Riyadh, Saudi Arabia – 4 March 2024: IBM (NYSE: IBM), a leading provider of global hybrid cloud, AI and consulting expertise, announced today its […]
Cloudflare Turns Spotlight on ‘Connectivity Cloud’ at LEAP 2024
Riyadh, Saudi Arabia, 3 March 2024— Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced its second consecutive year of participation, and its first direct participation, at LEAP, the global platform for the most disruptive technology professionals, taking place in Riyadh between 4 – 7 March. The company’s participation will be centred around its connectivity cloud – a complete platform for […]
Sahm Capital Seeks to Enhance App Stability Through Partnership with SCCC, a consortium of Alibaba Cloud and STC
Riyadh, March 3rd – Sahm Capital Financial Company (previously known as VCFC), a leading Fintech firm based in Riyadh, is in the process of finalizing a significant collaboration with Alibaba Cloud SCCC, a could service provider jointly founded by Alibaba Cloud and STC Group, to further enhance system reliability and strengthen user experience on platform stability […]
Deloitte ignites innovation at LEAP 2024 in Riyadh
Riyadh, Kingdom of Saudi Arabia, March 2, 2024 – The leading global professional services firm, Deloitte, is taking part at LEAP 2024 as the official Innovation and Emerging Technology Partner. The flagship technology event in Saudi Arabia, held in Riyadh March 4th to 7th, will host the Deloitte space at Hall 2, Stand K20, where […]
Citi Announces Head of Banking and Executive Vice Chair of Citi
March 01, 2024 Citi is pleased to announce that Viswas (“Vis”) Raghavan will join Citi as Head of Banking and Executive Vice Chair of Citi, reporting to CEO Jane Fraser. As Head of Banking, Vis will lead one of Citi’s five core businesses, with responsibility for Investment, Corporate and Commercial Banking. In his role as […]
Mastercard partners with Loop to launch innovative payment solutions in Saudi Arabia
Riyadh, Saudi Arabia; February 29, 2024: Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions. The partnership will see Loop expand its portfolio, enhance its suite of products and services through […]
MWC 2024: Huawei Cloud Accelerates Intelligence across Middle East and Central Asia
Barcelona, Spain, February 29, 2024: At Mobile World Congress (MWC) 2024, Huawei Cloud announced new partnership agreements with Saudi Arabia-based Zode and UAE-based PayTabs. These collaborations are intended to collectively drive the innovation and implementation of cloud and AI technologies in diverse industry use cases. Alan Qi, President of Huawei Cloud Middle East and Central Asia, […]