Technology

The Union Cabinet has approved two technological cooperation agreements signed separately with Tanzania and Saudi Arabia, according to an official statement. The agreement in the case of the United Republic of Tanzania is on digital public infrastructure. A memorandum of cooperation between India and the Kingdom of Saudi Arabia was signed for digitization and electronic manufacturing. The agreements were approved...

Saudi Arabia is poised to become the leader in IT services spending in the Middle East and Africa region, according to the International Data Corporation (IDC). The IDC's Worldwide Semiannual Services Tracker forecasts a compound annual growth rate (CAGR) of 9.0% for the Saudi IT services market between 2022 and 2027, with a projected value of $6.4 billion in 2027....

Saudi Arabia is embarking on the ambitious Neom development project, which includes creating a zero-carbon region called The Line. As part of this endeavor, Neom has partnered with Volocopter to introduce electric flying taxis for transportation. The Line aims to be a sustainable city powered by renewable energy, with a focus on green transportation. Neom plans to operate three types...

Saudi Arabia's National Cybersecurity Authority (NCA) has unveiled its second package of cybersecurity tools as part of its strategic initiative to bolster the country's digital infrastructure. The comprehensive toolkit aims to enhance the efficiency and effectiveness of cybersecurity measures across various sectors, aligning with Saudi Arabia's efforts to combat evolving threats and boost digital readiness. The newly released toolkit includes...

Flynas and Eve Air Mobility Partner to Launch Flying Taxis in Saudi Arabia Saudi Arabia has taken a step closer to launching flying taxis after aviation firms sign partnership. Eve Air Mobility and flynas have announced the signature of a Memorandum of Understanding (MoU) to explore the future of electric vertical take-off and landing (eVTOL) aircraft operations in the Kingdom...

Recent studies have revealed a notable trend in Saudi Arabia: 58% of consumers are planning to purchase electric vehicles! This shift demonstrates an increasing awareness and enthusiasm for sustainable and innovative technology in the Kingdom. A comprehensive study by Epson, which gathered opinions from over 300,000 individuals in Saudi Arabia, the UAE, and Egypt, showed significant awareness of diverse energy...

CAIRO: With an objective to host 525 fintech companies by 2030, Saudi Arabia has emerged as a prime destination for both regional and global firms eager to tap into its burgeoning market.   Following the financial sector development strategy unveiled last year, the Kingdom is on track to position itself as a regional hub for the industry.  On that note,...

Innovation plays a crucial role in driving the energy transition towards a greener future. From advancements in wind and solar power to grid optimization and green hydrogen production, technological breakthroughs are essential for achieving sustainable energy solutions. The development of cutting-edge technology for solar panels and wind turbines has significantly maximized the output of clean energy power plants while improving...