Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Parkin Company has signed an MoU with BATIC Investment to transform parking infrastructure in Saudi Arabia, utilizing digital technologies like AI, smart sensors, and real-time data analytics. This partnership aligns with Saudi Vision 2030, aiming to improve parking efficiency, reduce congestion, and support the country’s smart city goals.
PwC’s report highlights the role of digital stadiums in Saudi Arabia’s sports sector transformation. By leveraging technologies like 5G and XR, Saudi Arabia aims to improve fan experiences and operational efficiencies, positioning itself as a global leader in sports. The digital stadium sector is projected to grow significantly by 2037.
SAMA has launched Samsung Pay in Saudi Arabia, integrated with the national payment system mada, to enhance the country’s digital payments infrastructure. This aligns with Saudi Vision 2030’s goals of financial inclusion and expanding fintech solutions, helping the region strengthen its position in the global fintech landscape.
The “Abikhdmh” app has raised SAR 3 million in Seed funding to enhance its e-transaction services and expand into areas such as flight bookings, business services, and recruitment solutions. This investment will strengthen its platform and contribute to Saudi Arabia’s Vision 2030 by advancing digital transformation in the country.
Saudi Arabia has launched Samsung Pay, integrated with the national mada payment network, offering a secure and seamless mobile payment solution. This move supports the country’s Vision 2030 goals of advancing digital infrastructure and financial inclusion. The service includes advanced security features and is part of broader fintech regulations by SAMA.
NSG, a Public Investment Fund-owned company, has acquired Airbus Defence and Space’s UP42 platform to enhance its geospatial capabilities in Saudi Arabia. This acquisition supports the growth of the space economy, contributing to Saudi Vision 2030, while enabling cutting-edge geospatial solutions across various sectors.
Zain KSA has launched the fourth edition of its ‘Women in Tech’ program, in partnership with Huawei, Nokia, Princess Nourah University, and the Ministry of Communications and Information Technology (MCIT). The program focuses on enhancing women’s participation in the ICT sector, offering specialized training and opportunities in STEM fields.
Saudi Railway Company (SAR) has partnered with Alstom to enhance its east-west freight corridor through a five-year agreement. By leveraging Alstom’s predictive maintenance technology, HealthHub, SAR aims to optimize fleet availability, reduce downtime, and improve operational efficiency. This initiative supports Saudi Arabia’s Vision 2030 by boosting logistics capabilities.
Saudi Arabia’s Digital Government Authority has launched the Platform Code, a national framework for unifying government digital interfaces. The initiative includes the Saudi Digital Strategy and programs promoting holistic user experiences and digital transformation. These efforts align with Vision 2030’s goals of service enhancement and economic growth.
Zain KSA has acquired the 600 MHz spectrum, enhancing its 5G Standalone (5G SA) services across Saudi Arabia. This expansion improves connectivity in urban and remote areas, supports smart city solutions and IoT, and aligns with Saudi Vision 2030, contributing to the Kingdom’s digital and economic transformation.