In 2023, Saudi Arabia achieved a remarkable 99% internet penetration rate, indicating widespread digital access across the population. The “Internet Saudi Arabia” report reveals extensive daily usage, predominance of mobile access, and significant engagement in online shopping and government services, supported by strong infrastructure that places the nation among global leaders in internet speed.
Amazon Web Services (AWS) introduced two initiatives at an event in Dubai to promote gender diversity in tech. “Qudwatech” offers a 12-week mentorship program for women in tech, and AWS signed an MoU with the Dubai Business Women Council for a one-year program targeting mid- to senior-level women. These initiatives underscore AWS’s commitment to advancing gender diversity in the tech industry and received support from influential figures at the event.
Sri Lanka has become the fastest adopter of digital payments in South Asia, with a 20% increase in digital transactions since 2019. Visa Corporation highlights significant growth, particularly in tap-and-pay transactions. Despite high consumer spending, there remains a need for education on cashless payments for merchants and consumers.
Oracle has launched the world’s first zettascale AI supercomputer in the cloud, powered by up to 131,072 NVIDIA Blackwell GPUs. This groundbreaking development promises unparalleled AI capabilities, significantly enhancing cloud computing power and flexibility while supporting stringent data and AI sovereignty requirements.
Zain has launched the latest edition of its Zain Great Idea (ZGI) startup accelerator program in partnership with Rasameel Investment Company. The program, now in its 14th year, aims to foster growth and investment opportunities for tech startups in Kuwait, with a focus on fintech, digital innovations, and e-services.
Panamax Technology LLC and Hilal Technology have formed a strategic partnership to deliver cutting-edge digital solutions across the Middle East. Combining Panamax’s IT expertise with Hilal’s regional presence, the collaboration aims to enhance operational excellence and growth for enterprises through advanced technologies, including ERP, cloud adoption, and managed services.
audi Arabia also achieved 1st place among the G20 countries in the pillar of meaningful connectivity and 2nd place in the pillar of universal connectivity.
Bangladesh restored mobile internet services after a 12-day outage caused by violent protests. However, social media platforms remain blocked pending talks with government officials. State minister Zunaid Ahmed Palak cited “planned sabotage” for the blackout, while digital rights groups urge an independent enquiry into the incident’s true cause.
Huawei has launched AI initiatives to drive Saudi Arabia’s Vision 2030, focusing on digital transformation and economic diversification. The company highlighted its advanced AI technologies and noted significant growth in public cloud revenue during the Huawei Cloud Summit in Riyadh, where it showcased its role in the Kingdom’s technological progress.
Qetaat’s Chief Business Officer, Mr. Sadeq Abdulrasool, highlighted the significant e-commerce growth potential in Bahrain’s construction sector at Seamless Middle East 2024, emphasizing increased transparency, regional market opportunities, and the benefits of digital trade.
