Market research and consulting firm, iko Partners, publicized a new report unveiling that the Kingdom of Saudi Arabia’s (KSA), the United Arab Emirates (UAE), and Egypt’s gaming market valuation will reach $3.14 billion by 2025. Specializing in video games, esports, and streaming, iko presented data around the Middle East’s gaming sector state is typically confined […]
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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 […]
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 […]
Video games have become a benchmark for success for many broadband providers far and wide, as the gaming industry looks to continue its meteoric rise in popularity across all channels. According to Amsterdam-based games and esports data company Newzoo, during 2021, the market will generate revenues of $175.8 billion, a small year-on-year decline of -1.1 […]
In a report released this week, the “Saudi Arabian Online Food Ordering and Delivery Market” was valued at $511.21 Million in 2020 and is forecast to grow at 10.05 percent CAGR during 2021 – 2026, according to Research and Markets. Even after the challenges of the pandemic, the market showed consistent growth. Going forwards, digitization, […]
Zain KSA has announced that it will accelerate its second phase of 5G network rollout throughout the Kingdom in partnership with Infovista’s radio planning portfolio. The company plans to spread and geographically expand the country’s 5G network aims to deliver the new 5G services to every corner and spot in Saudi Arabia, to ensure that […]
Saudi Arabian operator Zain has turned to Finnish Nokia to broaden its 5G partnership by deploying 60,000 units of the vendor’s FastMile 5G Gateway wireless broadband hub with eSIMs, across the Kingdom over the next 12 months. The technology will deliver stronger signal, better connectivity, and ultra-high data speeds to every corner of homes and […]
Saudi Arabia’s capital city, Riyadh, has been named one of the top 20 cities to watch for its high achievement and development within the FinTech space worldwide, according to a report by research organization Startup Genome. Bahrain and Riyadh were the only GCC-based countries that were mentioned in the report, with Silicone Valley, New York, […]
Saudi Arabia’s Communications and Information Technology Commission (CITC) has announced that it will become a 5G network regulator in the International Telecommunications Union (ITU) rankings, as it progresses from a telecom regulator to a digital regulator. “We are one of the most tech-savvy and connected nations in the world and CITC, as the national regulator, […]
“A start-up the size of a country,” is how Saudi Arabia’s futuristic mega-city Neom is being described by Saudi officials, investors, contractors and the like. The city will take up a whopping 10,000 square miles of rocky desert and empty coastline in the country’s remote northwest Tabuk province, where the kingdom will look to attract […]