Saturday 1 April 2023

Saudi Arabia leads Mena region in fintech growth

The Saudi fintech market is witnessing unprecedented growth and in recent years has begun to rival neighbouring economies such as Egypt and the UAE in startup investments, according to a report by the US-Saudi Business Council.    Saudi Arabia has one of th


Snap launches ARES to bring power of its AR to businesses

Snap has unveiled AR Enterprise Services (ARES), a new enterprise solution to enable businesses to integrate Snap's Augmented Reality (AR) into their owned and operated channels with ease and at scale.    Through this offering, consumers will enjoy imme


CyberArrow, Mobily to boost cyber security compliance in KSA

CyberArrow, a leading cyber security compliance automation provider, and Mobily, a major telecommunications provider in Saudi Arabia, have tied up to enhance cyber security compliance and awareness for businesses in the kingdom.    As cyber threats continue


Zain Saudi announces record $2.4bn revenue for FY 2022

Zain Group, a leading mobile telecom innovator in seven markets across Middle East and Africa, said its Saudi unit has achieved an all-time record revenue of SR9.1 billion ($2.42 billion) for FY 2022, up 15% compared to the previous year's figures of SR7.9 billion ($2.1 billion).


Construction industry lagging behind in cybersecurity, says expert

The construction industry is making great strides by leveraging AI technologies such as machine learning and robotics, among others. However, the industry lags behind in data security and privacy initiatives compared to others, according to an expert.    Th


Dell boosts security portfolio with services, solutions

Dell Technologies is announcing new security services and solutions to help organisations protect against threats, respond to attacks and secure their devices, systems and clouds.   Seventy-two per cent of IT business leaders and professionals believe the changi


Amazon unit partners with NVIDIA on GenNext AI infrastructure

Amazon Web Services (AWS) has announced a multi-faceted collaboration with NVIDIA, a pioneer in accelerated computing, for building the world's most scalable, on-demand artificial intelligence (AI) infrastructure optimized for training increasingly complex large language models (LLMs) and


Hybrid is here to stay, says strategy report

Hybrid IT is here to stay, according to F5’s 9th annual State of Application Strategy Report (SOAS).    Globally surveyed IT decision-makers claim that more than one-fifth of their applications are hosted in six different environments, resulting in a


Hub71’s over 200 startups raise whopping $1.2bn in VC globally

Hub71, Abu Dhabi’s global tech ecosystem, had onboarded over 200 startups that raised a whopping AED4.5 billion ($1.2 billion) collectively in venture capital (VC) and created more than 900 jobs by the end of 2022.    Hub71 thus incre


Bahrain launches National Platform for Bahrain Experts

Bahrain’s Ministry of Labour and Information & eGovernment Authority (iGA) have together launched the National Platform for Bahrain Experts bringing together national experts under six sectors.    The sectors are Financial, Insurance and Banking s

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