Saudi Arabia

Saudi companies exhibit more rapid adoption of new technologies compared to global counterparts

According to a new study by KPMG, companies in Saudi Arabia are moving at a…

PIF-owned Saudi Downtown Company, partners with the MCIT for digital transformation

The Public Investment Fund (PIF)-owned Saudi Downtown Company signed a Memorandum of Understanding (MoU) with…

Healthcare group in UAE announces plans for expansion into Saudi Arabia

Burjeel Holdings PJSC, based in the United Arab Emirates, has recently signed a Memorandum of…

Oracle announces $1.5 bn investment in Saudi Arabia for establishing a data center in Riyadh

Oracle Corporation has declared its intention to invest $1.5 billion in Saudi Arabia over the…

Saudi Arabia announces over $9 billion to drive digital transformation

Saudi Arabia has announced a substantial investment of over $9 billion in its technology sector,…

Letswork raises $2.1 million Seed, expands to Saudi Arabia

Letswork, the Dubai-based subscription service and marketplace for on-demand workspaces, announced today it has raised…

Saudi-based Revival Lab launches $40 million fintech-focused VC builder and fund

Revival Lab announces the venture builder, “Fin-tactics Ventures”, at the World Fintech Show conference as…

Saudi Arabia’s Crown Prince announces The Kingdom’s 1st EV brand

The first electric vehicle brand, “Ceer,” has been introduced by Saudi Arabia, the country with…

73% of Saudi Arabia’s residents are worried about falling victim to cybercrime, Cisco report

Saudi citizens expressed worry about the potential of an assault amid a global uptick in…

Saudi Arabia signs 6 MoUs on opening day of Future Investment Initiative

The agreements will assist the Ministry of Investment’s efforts and goals to draw investments, encourage…