SoftBank Group is reportedly hiring the head of Deutsche Bank AG’s unit in Saudi Arabia to lead a new office in Riyadh.
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).
Saudi Arabia tech accelerator raises over $3M in funding
The technology start-ups incubated by the Badir Program, one of the King Abdul Aziz City for Science and Technology initiatives, has successfully raised around $3.110 million in the second quarter of 2018.
Data breaches cost Saudi Arabia, UAE firms up to $5.31M
A study by IBM Security has revealed that the average total cost of a data breach in Saudi Arabia and UAE combined is $5.31 million, a 7.1 percent increase since 2017.
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 Arabia digital financial platform goes online
Saudi Arabia’s Ministry of Finance has successfully launched its new digital portal Etimad, to streamline services for the public and private sector.
Saudi Arabia telco to train cybersecurity talents
Saudi Arabia’s STC has reportedly launched a new programme aimed at educating and training 150 students in cybersecurity.
Saudi Arabia Ministry of Finance, SAMA activate electronic transactions
The Ministry of Finance and the Saudi Arabian Monetary Agency (SAMA) signed an agreement to activate e-transactions between them.
Online home rental giant eyes Middle East growth
International rental platform Airbnb is reportedly eyeing Saudi Arabia as the next “very exciting” emerging market.
Saudi Arabia launches first robot-operated pharmacy
Saudi Arabia has inaugurated its very first smart pharmacy, a robot-operated facility at King Fahd Specialist Hospital.
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.
Saudi Arabia’s Sipchem promotes education and technical innovation
Sipchem has launched its innovation club ‘Sipchem Tech’ in Saudi Arabia with the aim of building the capabilities of the youth in various fields, including artificial intelligence (AI), programming, 3D printing and robotics.
Saudi Arabia to host first ever Hajj hackathon next month
The event promises to attract leading programmers from around the world to innovatively leverage technology to enrich and enhance the Hajj experience for pilgrims.
New mobile-based payment app launches in Saudi Arabia
Visa has partnered with mada to bring mada Pay, the first mobile payment solution that supports contactless (NFC) transactions in Saudi Arabia.