Saud Arabia’s Integrated Telecom Company (ITC) and Sofrecom, an Orange Group subsidiary, signed an agreement to lead the Outside Plant (OSP) implementation and management in all regions of the Kingdom for the next 3.5 years.
Saudi Arabia, Technology, UAE
Excessive technology use to blame for child obesity in UAE, Saudi Arabia
Nine in 10 children across UAE and KSA have access to tablets, smartphones or other handheld electronic devices with screens.1 3987
Saudi Arabia signs $10 billion deal to kick-start NEOM
Saudi Arabia and Egypt have reportedly signed an agreement to set up a $10 billion joint fund to develop the Kingdom’s upcoming mega city.
Women-owned tech startups make waves in Saudi Arabia
King Abdul Aziz City for Science and Technology (KACST)’s Badir Program has announced that the number of women’s businesses incubated by the programme grew by 144 percent in 2017.
GCC smartphone sales could continue to fall this year: report
The GCC mobile phone market has experienced mild seasonal growth during the last quarter of 2017, according to the latest data revealed by IDC.
Saudi Arabia showcases drone innovations at armed forces exhibition
Saudi Arabia’s Prince Sultan Center for Defense Studies and Researchers has showcased its latest drone innovations at the Armed Forces Exhibition for Diversity of Requirements and Capabilities (AFED 2018).
Saudi authority fines ex-Mobily chairman for insider trading
Saudi Arabian authorities has reportedly fined the former chairman of the kingdom’s second-biggest telecom company for insider trading and ordered his investment firm to pay $75 million.
Middle East to pump more cash into SoftBank Vision Fund
SoftBank Group could potentially get more investments from the Middle East as it pushes to reach its $100 billion fundraising target for its private equity fund that aims to target the technology sector.
Why partners need to bet on SMBs
Contributing a large chunk to the Middle East economy, small and medium sized businesses (SMB) comprise the majority of regional …
Saudi Arabia’s PIF mulls investment in VR startup
Saudi Arabia’s sovereign wealth fund Public Investment Fund is reportedly in talks to invest as much as $400 million in Magic Leap.
Saudi students to get hands-on training on hyperloop
Saudi Arabian Engineering students will have the opportunity to take part in a new internship programme unveiled by Prince Mohammed bin Salman Foundation “Misk” and Virgin Hyperloop One.