Every success story begins with a vision, and successful visions are built on solid foundations. Among the endless possibilities for growth lies Saudi Arabia’s plan for a more promising future, achieved by creating an IoT infrastructure. The Kingdom has dedicated significant funding to the IT industry and complete support for creative and innovative thinking to […]
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Apple’s largest iPhone assembler, Foxconn, publicized talks with the Kingdom of Saudi Arabia (KSA) concerning plans of jointly developing a $9 billion multipurpose factor to create microchips, electric-vehicle components, in addition to a variety of different products. People familiarized with the plan stated that the Saudi government is considering an offer from the Taiwanese electronics company […]
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 […]
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, […]