Diversification is a key focus of Crown Prince Mohammed bin Salman’s Vision 2030 plan, which aims to transform the Saudi economy through a slew of projects from hi-tech start-ups to a new mega city.
Blockchain-powered global payment network Ripple has announced their partnership with Saudi Arabia’s National Commercial Bank (NCB), a banking firm worth $120 billion.
SOUQ has announced the launch of ‘Amazon Global Store’, which offers customers in the Kingdom of Saudi Arabia.
Saudi Arabia has announced plans to launch a huge initiative called “Digital Giving” to spread digital knowledge in Arab societies around the world.
Help AG is set to host the ‘Secure Cloud Enablement’ forum for Middle East Businesses, which will take place in Riyadh, Dubai and Abu Dhabi.
The Saudi British Bank (SABB) has joined enterprise software firm R3’s global blockchain ecosystem.
Facebook announced the launch of Community Help on Facebook Lite in more than 100 countries, including the MENA region, across UAE, Saudi, Egypt, Morocco and others.
Saudi Arabia reportedly unveiled plans to make the city of Mecca and other Islamic sites visited by millions of Muslims in the Kingdom smarter in the future.
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.
Saudi Aramco is boosting its patented technologies after doubling its scientist headcount to 1,300, The Wall Street Journal reported.