Prince Sultan University (PSU) in Riyadh has launched a groundbreaking AI initiative in partnership with Intelmatix and leading global universities. The program aims to position PSU as a global leader in AI research, advancing Saudi Arabia’s digital transformation goals and fostering innovation, entrepreneurship, and collaboration in the field of AI.
Zain KSA has received a license from the Digital Government Authority to provide independent digital authentication services in Saudi Arabia. This move supports the Kingdom’s digital transformation under Saudi Vision 2030, ensuring secure electronic transactions and data integrity for both government and private clients.
The Saudi Central Bank (SAMA) has granted HyperPay a license to offer digital payment services via an electronic wallet in Saudi Arabia. This move supports the Kingdom’s Vision 2030 by promoting cashless transactions and digital transformation in the financial sector, contributing to financial inclusion and innovation.
Zain KSA has secured a license from the Digital Government Authority to provide digital authentication services, supporting Saudi Arabia’s digital transformation under Vision 2030. The services will enhance electronic transactions, ensuring security and compliance with regulations, and will be available to both government and private sector clients.
SEALSQ Corp is expanding its presence in Saudi Arabia, collaborating with WISeKey and Juffali Group to support the Kingdom’s Vision 2030. Key initiatives include the deployment of WISeSat.Space, a quantum-resistant satellite solution for IoT data, and collaboration with Hedera to promote blockchain-based applications and innovation in emerging technologies.
Saudi Arabia’s deep tech startups, focusing on AI and IoT, have secured over $987 million in funding, driving innovation and supporting the Kingdom’s Vision 2030 goals. The report highlights the growing investment ecosystem, the rise in research, and the country’s commitment to advancing its digital economy and sustainable development.
Nokia and stc Group have completed the first 1Tbps long-haul field trial in the MEA region, leveraging Nokia’s PSE-6s technology and stc Group’s DWDM network. This breakthrough will enhance Saudi Arabia’s digital infrastructure, supporting Vision 2030 goals, and improving network efficiency for cloud and AI services.
SAP has launched its Business Technology Platform (SAP BTP) on Google Cloud in Saudi Arabia, aimed at supporting regulated organizations in their digital transformation. This collaboration ensures compliance with local regulations while enhancing performance, scalability, and innovation, in line with Saudi Vision 2030 and the country’s digital economy goals.
The Ministry of Communications and Information Technology (MCIT), along with KAUST and “Hello Tomorrow,” has launched a report highlighting Saudi Arabia’s deep tech sector. Focused on innovation, AI, and IoT, the report outlines growth and investment opportunities in line with Vision 2030’s digital economy goals.
Diriyah Company has partnered with the Saudi Federation for Cybersecurity, Programming, and Drones (SAFCSP) to enhance digital security as Diriyah transforms into a cultural hub. The collaboration focuses on protecting digital infrastructure, providing training programs, and fostering a cybersecurity culture, aligning with Saudi Vision 2030 goals.
