Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the previous year on higher energy prices, increased volumes sold and improved margins for refined products. The profits, which are around triple that of Exxon’s $56 billion, follow similar reports in February from international […]
Saudi Arabia
The future is cognitive, and NEOM is here to ensure it. And despite being a project in KSA, it is actually a global project above all else. But NEOM’s projects go beyond the realm of reality to delve into one of this era’s main focal points, the metaverse. But a little more complex. In fact, […]
If you still need clarification about where technology is heading in the future, then the Nokia mission and vision 2030 is here to clear your doubts. Nokia is the first in the market to innovate 4G and 5G. Today, it’s the first to set a clear technological plan that holds the latest vision for 2030. […]
Saudi Arabia is Nokia’s biggest market in the Middle East and Africa, and it plays a significant role in society in the nations where it does business. Accordingly, Nokia sees Saudi Arabia as a crucial market. The company is dedicated to offering the most cutting-edge technologies. Including 5G. To help the country develop a robust […]
Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft and Oracle Corp, which are building cloud regions in the kingdom, a government minister said on Monday. Saudi Minister of Communication and Information Technology Abdullah Alswaha said Microsoft will invest $2.1 billion in a global super-scaler cloud, […]
Oracle Corp plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public cloud region in Riyadh, a company official said. Saudi officials have pressed international companies to invest in the kingdom and move their regional headquarters to Riyadh […]
It’s an obvious matter rather than a prediction or analysis! As we come across the last days of the first month of this year, many things become clear. This is the year when 5G technology will finally be adopted by many countries worldwide. It’s easy to get excited about this new technology and its potential […]
In 2023, critical decisions will be informed by enhanced data analytics as a result of increased data application. In 2023, fintech in telecom, and vice versa, will allow the financial sector it to provide various tools to support financial transactions anywhere. When 5G is completely implemented in 2023 by authorized 5G operators, fintech will rely […]
2022 ended on a high note for Artificial intelligence (AI) when ChatGPT took the world by storm. But AI was not a game-changer for liberal arts alone. It absolutely took the telecom industry by surprise and had experts redefine and redesign what was already there. In addition, it is also setting Saudi Arabia’s Vision 2030 […]
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 […]