Technology

New business park with $1 billion investment aims to transform Saudi’s Boulevard City

 The park features 60,000 sqm of creative spaces, nine innovative office buildings

Specialists from 160 countries to attend 19th Internet Governance Forum in Riyadh in December

The forum will discuss internet policy, share information, and exchange experiences to develop solutions

Cybersecurity contributes $4.15 billion to Saudi Arabia’s GDP in 2023: Report

 The sector reached $3.54 billion in 2023, showcasing remarkable growth

AlUla Manara Observatory development partnership to boost Saudi Arabia’s space research, astro-tourism

Collaboration to facilitate a range of joint research projects and contribute to the growing astro-tourism initiatives in AlUla

Oracle bolsters Saudi Arabia’s AI economy with second public cloud region in Riyadh

New region will help boost the Kingdom’s AI economy, which is expected to reach $135.2 billion by 2030

Saudi Arabia’s data and AI authority launches data center expansion projects in Riyadh

The value of the Kingdom's data and AI economy is currently at around $4-5 billion

Dell Technologies, Aramco, NITA ink agreement to upskill Saudi talent

Program aims to arm local Saudi talent with the skills and knowledge required to excel and thrive in today’s data-driven world

Saudi Arabia ranks 1st globally in cybersecurity on 2024 World Competitiveness Yearbook

Kingdom also secured top spot in areas like long-term employment growth, social cohesion and long-term labor market growth

Saudi Arabia emerges as key investor in Elon Musk’s $24 billion startup xAI

The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market

China’s Ant International seeks expansion in Saudi Arabia

Agreement to facilitate cross-border mobile payment and trade, empower Saudi businesses

Saudi Arabia’s internet penetration reaches 99 percent in 2023: Report

Both men and women demonstrated high levels of internet usage, with rates of 99.3 percent and 98.5 percent respectively

Saudi Arabia and Japan to collaborate on digital economy growth, technology innovation

Both parties discussed the progress made in various digital projects and joint initiatives under the Saudi and Japanese Vision 2030 frameworks

WEF, Saudi Space Agency ink agreement to establish Center for Space Futures

Center to facilitate public-private discussions on space collaboration

Saudi Arabia’s ICT spending to reach $37.5 billion in 2024

According to experts, the Kingdom is the region's fastest-growing IT market

PIF-owned SITE teams up with Korea’s AhnLab for advanced cybersecurity solutions in Saudi Arabia

SITE will hold a 75 percent stake in the local joint venture to be set up in the Kingdom

Saudi Arabia issues national policy and framework to enhance cybersecurity

Initiatives to enhance cybersecurity capabilities and protect vital interests

LEAP 2024: Conference concludes with $13.4 billion in investments

Largest global tech event in the region reflects Saudi Vision for digital dominance

LEAP 2024: SDAIA, Samsung collaborate to explore localization of digital technologies and innovations

The deal aims to automatically include Tawakkalna system applications on all Samsung devices in Saudi

LEAP 2024: Saudi Arabia officially launches ‘Data Saudi’ platform

Platform aims to serve as unified reference for economic and social data in Saudi Arabia

LEAP 2024: Saudi Arabia solidifies position as tech and innovation hub with $764 million in investment deals

Aramco Digital, Intel Corp. join forces to launch Saudi's first ORAN development center

LEAP 2024: Saudi Arabia launches $120 million in venture funds to boost gaming, esports sector

The funds seek to promote local content development and drive industry impact in line with Vision 2030