Search results for "NEOM"

KSA, Foxconn Talks of Building $9 Billion Facility

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 […]

Huawei to Build Saudi Arabia’s New Cloud Region

In its plan to pump investments into the Middle East, Chinese telecommunications giant Huawei revealed Tuesday plans to create a cloud region in the Kingdom of Saudi Arabia (KSA). The move, which will play a fundamental role in expanding the company’s influence in the Middle East, will bring forth more support to local businesses and […]

KSA, UAE, and Egypt to Spawn Billions in Gaming Revenue by 2025

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 […]

STC, Ericsson unite to wire renewable energy infrastructure

Saudi Telecom Company (STC) and Swedish firm Ericsson announced on Wednesday plans to delve into potential sustainable initiatives to support the Saudi telco’s network infrastructure to highlight the Kingdom’s vision. “With this new MoU, we work yet again with Ericsson to push the ICT industry’s boundaries and focus on ensuring a sustainable, environmentally viable future,” […]

Saudi Arabia spearheads its digitization efforts

The global COVID-19 pandemic burned through many brick-and-mortar businesses around the world, forcing their hand into making the digital switch to remain afloat as people went into lockdown. Despite economic repercussions, the crisis prompted stronger digitization efforts by private and public sectors; a move praised by Saudi Arabia’s Trade Minister Majid bin Abdullah Al-Qasabi. Al-Qasabi […]

Mazen A. Dohaji, Vice President (iMETA) at LogRhythm

As technological advancements have skyrocketed, and the switch to digital is on the rise, cybersecurity will play a vital role in the transformation ahead.  As governments all over the world invest in smart city initiatives, the role of cybersecurity has been elevated to protect the fabric of society from cybercriminals looking to wreak havoc across […]

How IoT and 5G will leap humanity into the future

The Internet of Things (IoT) is on rise. Connected devices are set to increase from 700 million to 3.2 billion by 2023, according to numbers by titan telecom manufacturer, Huawei. And with it comes endless technological possibilities that will rock modern society as we know it. This is great news for the IoT market, as […]

The MENA Mobile Economy

The contribution of the mobile economy in the Middle East and North Africa (MENA) region, is expected to reach just over 220 billion USD by 2023, as countries increasingly benefit from the improvements in both productivity and efficiency, as a result of increased utilisation and take-up of mobile services. Last year, mobile communication technologies and […]