Search results for "saudi arabia"

Military units track guns using tech that could aid foes

Determined to keep track of their guns, some U.S. military units have turned to a technology that could let enemies detect troops on the battlefield, The Associated Press has found. The rollout on Army and Air Force bases continues even though the Department of Defense itself describes putting the technology in firearms as a “significant” […]

KSA’s sovereign fund to acquire 60% of Zain towers

Saudi Arabia’s sovereign wealth fund proposed a non-binding offer to acquire a 60 percent stake in Kuwaiti-backed Zain’s KSA towers with various investors offering to buy another 20 percent, leaving the telco’s assets with an $807 million valuation, according to Zain KSA. The Public Investment Fund (PIF) offered a whopping $484 million for 60 percent […]

STC’s subsidiary IPO might reach $960 million

Arabian Internet and Communications Services Co. revealed plans of auctioning 24 million of its shares, trusting this move will raise $960 million in its initial public offering (IPO). The company, which is a subsidiary of Saudi Telekom Company (STC), will look to auction off the shares with prices ranging between $36.26 and $40.26 per share. […]

KSA’s CITC unveils free local roaming service

Saudi Arabia’s Communications and Information Technology Commission (CITC) launched on Sunday “The Local Roaming” initiative with the Kingdom’s leading telco firms to maximize services within all regions, specifically in remote villages and desert areas. Zain’s statement revealed that the primal phase of The National Mobile Inter-Network Roaming initiative will be launched in the Asir area […]

Mastercard to abandon magnetic strip on cards by 2033

Mastercard announced on Thursday its plans to halt the issuance of cards with a magnetic strip by 2033.  The global financial firm will have strip-less debt and credit cards in Europe starting from 2024, and across the globe by 2033, Mastercard declared in a statement.   The company claimed that it will be the first payments network to phase out the technology, which dates to the 1960s.   “Magnetic strip is reaching its expiration date with […]

Macron among 14 heads of states on potential spyware list

French President Emmanuel Macron leads a list of 14 current or former heads of state who may have been targeted for hacking by clients of the notorious Israeli spyware firm NSO Group, Amnesty International said Tuesday. “The unprecedented revelation … should send a chill down the spine of world leaders,” Amnesty’s secretary general, Agnes Callamard, […]

Probe: Journalists, activists among firm's spyware targets

An investigation by a global media consortium based on leaked targeting data provides further evidence that military-grade malware from Israel-based NSO Group, the world’s most infamous hacker-for-hire outfit, is being used to spy on journalists, human rights activists and political dissidents. From a list of more than 50,000 cellphone numbers obtained by the Paris-based journalism […]

Anghami announces 6 new mobile partnerships

Popular MENA-based streaming service Anghami, announced on Wednesday six new telco partnerships and offers across Saudi Arabia, UAE, Morocco, Tunisia, and Algeria. Anghami currently boasts over 30 partnerships within the first half of 2021. Choucri Khairallah, Anghami’s Vice President of Business Development spoke to the press about the new updates that will transform Anghami as […]

U.S. authorities seize Iran-linked news websites

The U.S. department of Justice announced on Tuesday that it has blocked various major Iranian state-linked news platforms accused of spreading disinformation. The move comes as a form of retaliation of previous claims made by Washington that the sites have been attempting to influence the American elections, with many pundits arguing that it will intensify […]

EXPLAINER: How vaccine passports for global travel will work

Boarding pass, suitcase, passport and … digital vaccination certificate? Keen to avoid losing another summer of holiday revenue to the coronavirus pandemic, the European Union, some Asian governments and the airline industry are scrambling to develop so-called COVID-19 vaccine passports to help kickstart international travel. They’re working on systems that would allow travelers to use […]