Saudi Telecom Company is reportedly launching its first-ever FinTech platform in the kingdom next month.
Ripple effect: Saudi bank joins blockchain-powered payment network
Blockchain-powered global payment network Ripple has announced their partnership with Saudi Arabia’s National Commercial Bank (NCB), a banking firm worth $120 billion.
Saudi consumers can now shop on the Amazon Global Store
SOUQ has announced the launch of ‘Amazon Global Store’, which offers customers in the Kingdom of Saudi Arabia.
Aramco IPO delays push Saudi fund to focus on tech
With the stock market listing of its national oil company stalled, Saudi Arabia is scrambling to boost the coffers of the sovereign wealth fund spearheading a risky plan to diversify its economy.
Aspiring Tesla rival might land investment from Saudi PIF
Saudi Arabia sovereign wealth fund is in talks to invest in Lucid Motors, an aspiring Tesla rival, according to a …
Musk’s Tesla-Saudi deal may hit a roadblock under Trump administration
Elon Musk will most probably require a clearance from US national security officials for any proposal to take Tesla Inc. …
Saudi’s Prince Alwaleed bin Talal buys $250M stake in Snap
Saudi Arabia’s Prince Alwaleed bin Talal has reportedly bought a 2.3 percent stake in Snapchat in a deal worth $250 million.
Saudi king arrives in $500B still unbuilt mega city for holiday
Saudi Arabia’s King Salman on Monday has arrived in NEOM, a still undeveloped mega city where he will spend some time for a holiday, according to state-run Saudi Press Agency (SPA).
Saudis most active Snapchat users in the world: report
Over 9 million people from Saudi Arabia are active daily users of multimedia messaging app Snapchat.
Saudi Electricity Company, GE spotlight power of long-standing partnership
Saudi Electricity Company (SEC) and GE, in a statement, have stressed on the importance of their long-standing partnership for both the companies.
Philips and AOC sign up New Solutions to boost Saudi channel base
MMD, the brand license partner for Philips displays and AOC monitors, has partnered together with Riyadh-based distributor, New Solutions …
Saudi female drivers receive positive feedback from GCC Twitter users
SEMrush analysed the sentiment of more than 20,000 tweets in KSA and the UAE during the week Saudi women were officially permitted to start driving on the Kingdom’s roads.
Saudi women take the wheel as driving ban officially ends
Women in Saudi Arabia can now legally get behind the wheel of a car for the first time as the kingdom lifts its longstanding ban on women driving.
Cloud drives Saudi ICT market to top $33 billion
Cloud investment is gathering momentum, with organisations in Saudi Arabia increasing software spend by 5.5 percent, boosting the Kingdom’s ICT market to $33 billion (SAR 127 billion), according to a recent report by IDC.
Saudi’s high-speed train on track to begin operations soon
The railway will be able to carry 60 million passengers a year by the time it is fully operational at the beginning of 2019, Al-Amoudi said.
Saudi airport operator inks new deals to improve services
Dammam Airports Company (DACO) has reportedly signed agreements with Vanderlande and Serco Middle East to improve operations at King Fahd International Airport in Saudi Arabia.
Dubai’s Careem names its first female Saudi ‘captinah’
Saudi captainahs have been hand-picked by the Dubai-based company following last year’s royal decree on women driving.
We want the first Saudi female driver to be a Careem “Captinah”: founder
Careem co-founder Magnus Olsson has revealed that he sees the region’s homegrown ride-hailing service as playing a “crucial role in contributing to the changes in Saudi Arabia,” with particular focus on empowering female drivers – or “captinahs” – from June onwards.
Saudi creates first professional eSports league
The Saudi Arabian Federation for Electronic and Intellectual Sports (SAFEIS) has announced the signing of a memorandum of understanding (MoU) with the Saudi Arabian Football Federation to develop the first Electronic Saudi Professional League (ESPL).
Blockchain among key enablers of Saudi Vision 2030: official
As part of its responsibility for the development of national cadres in the future technologies, the Saudi Arabia Ministry of Communications and Information Technology (MCIT) has recently conducted a blockchain bootcamp in collaboration with ConsenSys, the global blockchain specialist firm.