Saudi Telecom already spun off its internet services unit and listed it on the kingdom’s stock market last year
Forecast shows GDP to grow at 6.1 per cent this year; with the GCC surplus to reach $27bn
The event is being held at the Riyadh Front Expo Centre from February 1-3 and will feature over 400 expert speakers
NEOM Tech & Digital Co. launches XVRS cognitive metaverse and M3LD data management platform as part of a $1bn investment
Local investors placed orders worth SAR206bn
Cuemath, backed by Google, launched its operations in the UAE in June 2021
Pilot scheme for fully automated electric passenger pod will ferry people between the south entrance to AlUla’s Old Town and south car park
The Saudi benchmark index has jumped about 9 per cent this year
Through its broad range of products, HP aims to help businesses operate with increased safety standards while also providing the best performance
With cloud computing gaining traction during the pandemic, players like Oracle have stepped up and demonstrated their commitment to the region through the opening of cloud regions
The group aims to be the leading national and international gaming and e-sports company
The event will be held at the Riyadh Front Expo Centre from February 1-3 and will feature over 400 expert speakers across six conferences
Gaming will increase by an average of 22 per cent compound annual growth rate in the kingdom, according to new Boston Consulting Group report
Euro-denominated outstanding debt is currently around 2 per cent of the kingdom’s overall portfolio
The IPO comes as countries in the Middle East step up efforts to sell shares in private companies and boost liquidity on their stock markets
Growing customer awareness and the recent global health crisis have encouraged regional banks to ramp up their offerings
PIF-owned SCAI will foster innovation in strategic sectors and accelerate key national technological priorities
The Boutique Group will transform historic and cultural palaces into luxurious boutique hotels in Saudi Arabia
This will be UAE’s and Saudi Arabia’s first educational esports league
Sequoia is deepening its presence in the Middle East after recently backing companies from Turkey to Egypt
Last month, the 10 OPEC nations in the accord managed only 60 per cent of their stipulated 250,000 barrel-a-day increase
Brent crude’s climbed 11 per cent since the end of December to above $86 a barrel
The new facility will also provide customers original spare parts, onsite troubleshooting, in-house maintenance services
The new R&D centre in Riyadh will focus on security innovations for smart cities and cognitive surveillance technologies
On Tuesday OPEC+ decided to increase production in February by 400,000 barrels a day
The Organization of Petroleum Exporting Countries added just 90,000 barrels a day in December
The project to bring smart street lighting solution is for one of the key cities in the kingdom
It sees a surplus of 1.4 million barrels a day in the first three months of 2022
Gulf Arab energy firms borrowed $30.5bn in 2021, the highest level in at least 25 years
The new regulations come after health officials reported an increase in Covid-19 infections