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.
GITEX 2018
UAE initiatives boost regional Smart City spending to $2.3 billion
The UAE’s government-led Smart City projects are driving regional Smart Cities spend to reach a record-high of $2.3 billion by 2021.
Middle East region leads $2.6 trillion smart cities market
The Middle East and North Africa, and especially the GCC, are spearheading the $2.6 billion global Smart Cities market, according to Schneider Electric.
RTA inks new deal to fuel Dubai paperless strategy
Roads and Transport Authority (RTA) has signed a Memorandum of Understanding with Tejari, the e-supply and procurement channel of Dubai Government, to automate contracting procedures and procurement operations of RTA.
Back to school: smart buses to hit Dubai roads soon
Dubai RTA has announced that it will deploy 368 “smart” buses to transport about 8873 students in 17 schools during the new academic year that begins in September.
Saudi Arabia’s $500B mega city appoints tourism head
Saudi Arabia’s NEOM project has appointed on Aradhana Khowala as the mega city’s managing director of Tourism.
Saudi Arabia bets big on tech, prepares for life after oil
Saudi Arabia, the world’s biggest crude exporter is future-proofing itself against oil’s decline by investing the increasingly booming technology industry.
Dubai on track to becoming the “world’s smartest city”
Dubai has snagged the top spot as the ‘Most Innovative City’ in the region in 2thinknow’s 2018 report.
UAE to kick-off government hackathon series in India
India and the UAE have reportedly signed a memorandum of understanding (MoU) to promote the use of digital technology for better governance, officials said.
Dubai technology sector attracts billions in foreign investments
Dubai has reportedly attracted $21.66 billion worth of foreign direct investment in high-end technology transfers in three years.