Tag: Saudi Arabia
PIF Doubles Net Profit to $17 Billion as Assets Exceed $900 Billion
PIF reported $120 billion in revenue and doubled net profit to $17 billion for 2025, with assets under management surpassing $900 billion.
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Kodak Alaris and Mannai Expand Strategic Partnership into Saudi Arabia
Kodak Alaris and Mannai Information Technology have expanded their partnership into Saudi Arabia to deploy automated document capture solutions.
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CST Launches Public Consultation on Spectrum and Satellite Regulations
CST has launched a public consultation on spectrum usage and satellite regulations. The initiative invites feedback on earth station rules and orbital filings.
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Positive Technologies: 50% of Cyberattacks in the Gulf Targeted UAE and Saudi Arabia in H1 2026
Positive Technologies reports that the UAE and Saudi Arabia faced 50% of Gulf cyberattacks in H1 2026, with government bodies representing the top target.
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Huawei Announces Upcoming Launch of HUAWEI WATCH GT 7 Pro in Saudi Arabia
Huawei is launching the HUAWEI WATCH GT 7 Pro in Saudi Arabia, introducing early risk assessment tools for heart health, diabetes monitoring, and a 21-day battery life.
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Hudhud Maps Launches in Saudi Arabia with Localized Navigation and Data Sovereignty
Hudhud Maps has launched as a Saudi navigation platform featuring localized geographic data, door-to-door routing, and enterprise logistics APIs.
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Saudi ICT Sector Weekly: BARQ Achieves Unicorn Status as Major Deals and AI Initiatives Expand
Saudi Arabia recorded key ICT developments including BARQ becoming a tech unicorn, PayTabs acquiring Amazon Payment Services MENA, and new AI policy initiatives.
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Saudi Fintech BARQ Secures $329.5 Million in Series A Funding Round
Saudi digital payment platform BARQ secured $329.5 million in Series A funding at a $1.85 billion valuation, backed by Noon Investments and Sohar International Bank.
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SDAIA Discusses Regional AI and Digital Transformation Cooperation
SDAIA participated in a panel session on regional AI cooperation and digital transformation during the Global Forum on AI.
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Mannai and Oracle Expand Enterprise Technology Collaboration into Saudi Arabia
Mannai Information Technology and Oracle have expanded their four-decade partnership into Saudi Arabia to advance enterprise cloud, AI, and data solutions.
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Apple Adds Apple TV and Apple Arcade to iCloud+ Subscriptions in Over 100 Countries
Apple has added Apple TV and Apple Arcade to standard iCloud+ tiers across more than 100 countries at no extra charge.
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BARQ Becomes Ninth Billion-Dollar Tech Company in Saudi Arabia
BARQ has become Saudi Arabia’s ninth billion-dollar technology company, reflecting continued expansion across the Kingdom’s tech startup sector.
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Saudi Minister Abdullah Alswaha Meets AWS CEO to Accelerate AI Infrastructure
Saudi Minister Abdullah Alswaha met AWS CEO Matt Garman in Seattle to discuss accelerating AI computing expansion and AI Zone development.
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SDAIA Launches National AI Index to Measure Government Maturity
SDAIA has launched the National AI Index to evaluate government maturity in technology adoption and support responsible institutional deployment.
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Study Links Trustworthy AI Practices to Higher Returns on Investment
A study by SAS and IDC shows organizations using trustworthy AI practices are 15 times more likely to achieve strong returns on their technology investments.
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BCG Expands Riyadh Office to Support Saudi Growth and Transformation
BCG has expanded its Riyadh office to accommodate more staff and deliver implementation services across Saudi public and private sectors.
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Hot Wheels E-Karting Opens at SEVEN Tabuk with Multi-Level Electric Tracks
SEVEN Tabuk has officially opened Hot Wheels E-Karting in partnership with Mattel, featuring multi-level electric racing tracks for all age groups.
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LG Launches Wireless OLED evo W6 Wallpaper TV in Saudi Arabia
LG Electronics launched the OLED evo W6 Wallpaper TV in Saudi Arabia, featuring a 9mm wireless design and the alpha 11 AI Processor Gen3.
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Board of Grievances Explores AI Integration in Judicial System
Saudi Arabia’s Board of Grievances hosted an academic workshop with Case Western Reserve University to examine AI applications and judicial ethics in legal systems.
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HONOR Watch 6 Smartwatch Launches in Saudi Arabia With 35-Day Battery Life
HONOR has released the HONOR Watch 6 in Saudi Arabia, featuring up to 35 days of battery life, 123 sports modes, and health monitoring tools starting at 549 SAR.
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