The Saudi Data and Artificial Intelligence Authority (SDAIA) has forged an alliance with PwC Middle East, encapsulated in a memorandum of understanding designed to enhance research and experimentation in cutting-edge AI technologies. This partnership aims to tailor AI models to comprehend and process the Arabic language, giving rise to a state-of-the-art virtual AI laboratory and a center dedicated to generative...
RIYADH, KSA:– Reinforcing its commitment to Saudi Arabia's burgeoning technology sector, SAP has escalated its regional presence with the launch of a pioneering SAP Innovation Hub and the imminent inauguration of an SAP Experience Center in Khobar. Additionally, the esteemed SAP Academy of Engineering program, in partnership with the Ministry of Communications and Information Technology (MCIT), has been extended through...
The Kingdom of Saudi Arabia has successfully drawn in an impressive $888 million in investment commitments as a result of the global tech gathering known as LEAP 24. This significant financial injection spans across venture capital allocations and new infusions of capital into burgeoning start-ups, with the overarching aim to bolster technological innovation and entrepreneurial ventures within the region. This...
Tencent Cloud marked its debut at LEAP 2024, showcasing its conviction that Saudi Arabia is poised to become a dominant player in the consumption and development of premier digital media services. As a prominent cloud provider, Tencent Cloud offers a suite of industry-leading products and services, utilizing cutting-edge technologies such as cloud computing, artificial intelligence (AI), the Internet of Things...
IBM, a global frontrunner in hybrid cloud services, artificial intelligence (AI), and consulting, has revealed its intention to channel over $200 million into the establishment of a new IBM Software Lab in Riyadh, the capital of Saudi Arabia. This move is a testament to IBM's pledge to bolster its presence in the region and aligns with Saudi Arabia's ambitious Vision...
Amazon Web Services (AWS) is positioning itself as a pivotal player in Saudi Arabia's tech sector by announcing a $5.3 billion investment to establish data centers and expand its cloud operations within the kingdom. The move is aligned with Saudi Arabia's vision to transform into a central hub for technology in the Middle East, particularly in anticipation of the World...
At the cutting-edge technology event LEAP 2024, held under the aegis of Prince Mishaal bin Sultan bin Abdulaziz and the Minister of Transport and Logistics Saleh bin Nasser Al-Jasser, Jahez has made a significant move in the logistics sector by introducing a fleet of ten autonomous delivery vehicles. This initiative is a part of the Transport General Authority's (TGA) pioneering...
The Communications, Space and Technology Commission (CST) has recently issued a significant license to TONOMUS, a digital technology firm within the futuristic NEOM project. This Wholesale Infrastructure Services License spans all categories and is set to revolutionize the provision of cutting-edge technologies and sophisticated digital infrastructure in NEOM. The granting of this license signals a strategic move to foster a...
The Communications, Space & Technology Commission (CST) has recently declared the Saudi Telecom Company (stc) as the distinguished recipient of the Platinum Game Operator award for the year 2023. The accolade was bestowed upon stc at the LEAP24 event in Riyadh, which runs from the 4th to the 7th of March, 2024. In a grand ceremony on LEAP24's main stage,...
As Saudi Arabia continues to cement its status as a central hub for technology and investments within the region, the recent LEAP 24 event in Riyadh marked significant strides with an infusion of $888 million in investments designed to propel innovation and tech entrepreneurship in the Kingdom and beyond.Investcorp took the stage to announce the creation of a substantial $500...
The tech landscape in Saudi Arabia has been invigorated by a massive influx of investments totaling $11.9 billion, announced at the LEAP 2024 event. This remarkable financial commitment showcases the country's emerging clout as a hub for digital innovation and technology in the Middle East and North Africa (MENA) region. Key industry giants, including Amazon Web Services (AWS), IBM, DataVolt,...
In a strategic move to bolster national industries, Saudi Arabia's Communications, Space and Technology Commission (CST) has declared the issuance of the Specialized Radio Network License for the 450 MHz frequency band. This initiative is set to address the wireless communication requirements of various key sectors across the nation.The CST has outlined that the allocation of the 450 MHz spectrum...
The Ministry of Justice has taken a prominent role as a golden partner in the 'LEAP 2024' event, a prestigious tech conference taking place in Riyadh for its third year. The Ministry is showcasing its advancements in legal technology within the 'Saudi Digital' pavilion, highlighting the digitalization of the justice system.Visitors to the pavilion are greeted with smart display screens...
The Saudi Ministry of Human Resources and Social Development has taken a significant step forward in the realm of digital transformation by introducing an array of innovative digital products and services. These advancements were revealed during a visit to the Saudi Digital Pavilion at the LEAP 2024 technological conference, a gathering that saw the participation of the governor of the...
The Saudi Fund for Development (SFD) has taken a significant step forward in advancing global digital infrastructure through a new collaboration. SFD CEO Sultan bin Abdulrahman Al-Marshad and Deputy Minister for Telecom and Infrastructure Bassam Al-Bassam have inked a memorandum of understanding on the fringes of the esteemed LEAP 24 technology conference.The aim of this memorandum is to enhance the...
The LEAP 24 exhibition, a significant event in the tech calendar, has been a launchpad for a staggering $11.9 billion in investments. These funds are earmarked for advancing deep tech, innovation, and cloud computing both within the Kingdom of Saudi Arabia and on a global scale. The event, which commenced today, is set to continue through March 7. During the...
Saudi Arabia has announced that various companies, including Amazon Web Services (AWS), will commit more than $10 billion to the establishment of data centers within the nation. This move is part of Saudi Arabia's strategic plan to evolve and diversify its economy, historically reliant on oil.The agreements were disclosed at the yearly technological summit LEAP, hosted in Riyadh, and are...
Amidst the rapid progression in the space sector, including the democratization of space industries and the reduction in manufacturing costs, it's crucial to recognize that space advancements and digital technologies are intimately connected. These two fields have been mutually inspiring since the latter half of the 20th century, leading to the inception of SpaceTech. This synergy holds an immense promise...
Saudi Arabian telecommunications company Zain has set its sights on advancing the deployment of 5G-Advanced (5G-A) services beginning in 2024, according to Mohammed Abdulazis AlNujaidi, the company's engineering executive general manager. This technological leap forward was first initiated in the capital city, Riyadh, and is expected to enhance Fixed Wireless Access (FWA) 2.0 services.During his speech at the MWC 2024...
Riyadh, Saudi Arabia – Atos has announced its intent to establish a state-of-the-art Sports Technology Centre of Excellence. This hub is set to open its doors within the new Atos MENA headquarters in Riyadh during the second quarter of 2024.The disclosure, made during the LEAP 2024 event, indicates that the Centre of Excellence will draw upon Atos’ extensive experience in...
In 2022, Saudi Arabia allocated $5.1 billion to research and development, marking a significant 32.7% increase from the $3.9 billion invested in the previous year.A historic memorandum of understanding was inked between Britain and Saudi Arabia, aimed at fortifying the science and technology research connections between the two nations. This strategic move is set to unlock the potential for Saudi...
Saudi Arabian Airlines, colloquially known as SAUDIA, has proudly announced its participation in the third iteration of the LEAP tech conference. This prestigious event is taking place from the 4th to the 7th of March, 2024, at the Riyadh International Convention and Exhibition Center.At the forefront of SAUDIA's exhibition is its array of digital advancements, signaling a transformative phase in...
Researchers from King Abdullah University of Science and Technology (KAUST) have presented an innovative approach to improving perovskite solar cells that may propel them to the forefront of sustainable energy solutions. According to a newly published study in the esteemed journal Nature, the team has successfully prolonged the lifespan and enhanced the efficiency of perovskite solar cells to match those...
The third iteration of the globally renowned technology event, LEAP, is set to commence tomorrow in Malham. Bearing the theme 'Into New Worlds', this event spans from March 4th to 7th, 2024, and will be graced by the presence of preeminent expert speakers and technology aficionados. The inauguration day of LEAP is dedicated to exploring various cutting-edge topics including artificial...
Saudi Arabia is set to host LEAP 2024, the most populous global technology event, from March 4 to 7 at the Riyadh Exhibition and Convention Center in Malham. The organizers unveiled 'Into New Worlds' as the theme for this year's event, signaling a deep dive into the realm of cutting-edge technology and its boundless opportunities.The Ministry of Communications and Information...
In a significant move within the tech industry, the SAMI Advanced Electronics Company (SAMI-AEC), an affiliate of SAMI, has declared its involvement in the upcoming LEAP 2024 – a premier event acclaimed as the largest technology expo globally. Scheduled from March 4 to 7, the exhibition is set to take place at the Riyadh Exhibition and Convention Center, situated in...
At the recently held Mobile World Congress in Barcelona, the stc Group showcased its leadership in digital innovation by announcing key strategic alliances and presenting its latest technological advancements. The group's participation underscored its dedication to leading growth and innovative practices within the sector. Significant collaborations were established through memoranda of understanding with several industry leaders: IBM Middle East: A...
In a significant move within the business media sector, Fortinet, an eminent leader in the cybersecurity domain, has teamed up with Google Cloud. This collaboration is in line with the recent inauguration of Google's new cloud region in Saudi Arabia. The newly established cloud region is set to deliver services and solutions characterized by high efficiency and minimal latency to...
The stc Group has been honored with the distinguished GSMA T-ISAC Contributors Award at the 2024 Mobile World Congress held in Barcelona, Spain. This accolade, presented by the GSMA—a prominent association that advocates for the interests of mobile network operators—recognizes the stc Group's exceptional contributions and leadership in cybersecurity within the global telecommunications sector. Notably, stc Group is the first...
The Kingdom of Saudi Arabia has recently unveiled a pioneering digital platform at the national level, which is being heralded as the first 'Metaverse' of its kind worldwide. This digital universe is designed to seamlessly blend virtual and real-world environments, thereby offering a shared 3D space for immersive experiences to its users. This groundbreaking initiative is anticipated to bring about...