Oman’s e-commerce market reached $2.2 billion in 2023, led by electronics and media. The sector’s growth highlights its role in the global economy. The World Trade Organization expects the market to grow by 39% globally and reach $3.327 billion in Oman by 2027, driven by increased internet and smartphone adoption.
iBLOCKCHAIN and Nesma United Industries have formed a strategic partnership to drive ‘Intelligent Transformation’ in Saudi Arabia’s industrial sector. This alliance, aligning with Saudi Vision 2030, will leverage advanced technologies like AI and blockchain to enhance operational capabilities and set new standards in industrial operations.
Bahrain’s National Days and the 25th anniversary of King Hamad’s Accession to the Throne were celebrated with a focus on unity and national progress. Dr. Shaikh Abdullah bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, reaffirmed the ministry’s commitment to advancing infrastructure and supporting Bahrain’s Economic Vision 2030.
Appknox has launched in Saudi Arabia at Blackhat MEA 2024, introducing AI-driven mobile app security solutions. With a focus on protecting digital ecosystems, Appknox offers comprehensive features including SAST, DAST, and API security, ensuring compliance with Saudi regulations. This expansion supports the Kingdom’s Vision 2030 digital transformation.
stc has partnered with MEW to supply 500,000 smart electricity meters in Kuwait, supporting the country’s Vision 2035. This project aims to enhance energy efficiency, reduce wastage, and improve electricity management. The collaboration underscores stc’s commitment to digital transformation and sustainable development in Kuwait.
RheinBrucke received a Green Certificate from Moro Hub during GITEX 2024 for adopting Moro Hub’s Green Cloud, reflecting its commitment to sustainability. The move enables RheinBrucke to reduce its carbon footprint while benefiting from scalable, secure cloud infrastructure.
The Oman Society for Human Resource Management (OSHRM) has partnered with Elevatus to bolster Oman’s HR capabilities through AI-driven technologies. This strategic alliance aims to modernize recruitment processes and align with Oman Vision 2040, fostering sustainable growth and digital transformation across the Sultanate.
Abu Dhabi Global Market (ADGM) has enhanced its Real Property Regulations and launched AccessRP, a unified digital platform, to support growth in the real estate sector. These initiatives aim to attract local and foreign investment, improve customer experience, and reinforce ADGM’s position as a business-friendly environment.
stc Group, through stc.AI, launched Saudi Arabia’s first sovereign AI cloud platform in partnership with SambaNova. The platform, powered by Llama 405B, will offer enterprises advanced generative AI capabilities and open-source models, empowering Saudi developers and positioning the Kingdom as a leader in AI development.
Beyon and Ericsson have renewed their sustainability MoU to enhance energy-efficient networks in Bahrain. Their collaboration includes the Ericsson Product Take-Back Programme, resulting in a 30% energy reduction on Batelco’s network. The initiative aligns with Bahrain’s Vision 2030, focusing on Net Zero goals and circular economy practices.
