Saudi Arabia

New Report Examines Saudi Arabia’s Digital Government Ambitions

As digital transformation continues to play a fundamental role in shaping the way governments across the world adapt to new opportunities and challenges, International Data Corporation (IDC) has published an in-depth analysis to spur debate, share data, highlight best practices,

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Saudi Arabia Sovereign Fund Puts a Further US$45 Bil into Japan’s SoftBank

Saudi Arabia’s fledgling sovereign fund is putting in a further US$45 billion into Matsumoto Son’s famed Softbank, which in turn holds known technology companies like Alibaba, Sprint, Uber, Didi Chuxing, WeWork, Nvidia, and many others. This money follows a previous

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Saudi’s Oldest Bank Embraces Ripple’s Blockchain

Following Ripple’s recent pilot with the Saudi Arabian Monetary Authority, the National Commercial Bank (NCB) has joined RippleNet. NCB was the first bank established in the country; today, it’s one of the largest financial institutions in the Middle East with more than 5.4

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Middle East: Where To Stay At While Attending these 7 Fintech Events

Whether you’ve registered your  for these upcoming fintech events, or are still considering whether to attend, booking your accommodation early is always advisable in order to ensure a hassle-free trip. Here are some of the closest hotels to the conference venues;

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SAP: Saudi Arabia Ranks as Top Digital Banking Market in Middle East and North Africa

As Saudi banks digitally transform, the Kingdom ranks as the top digital banking market in the Middle East and North Africa, with more than three-quarters of banking customers using online or mobile apps, industry experts announced today. In a recent

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Mastercard and mada Partner to Enable Online Payment Transactions in Saudi Arabia

mada, Saudi Arabia’s domestic payment network, and Mastercard announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a

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Ripple and Saudi Arabian Monetary Authority (SAMA) Offer Pilot Program for Saudi Banks

The Saudi Arabian Monetary Authority (SAMA) — the central bank for the Kingdom of Saudi Arabia (KSA) — has signed an agreement with Ripple to help banks in the KSA improve their payments infrastructure using xCurrent. This ground-breaking pilot program is the first

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ICT Experts To Explore Saudi Arabia’s Digital Transformation Landscape

International Data Corporation’s annual IT Forum roadshow continues to grow from strength to strength, with the global technology events, research, and consulting firm preparing to host two editions in Saudi Arabia next month. Running under the theme ‘Innovate, Disrupt, and

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Saudi Arabia and Japans SoftBank Launch Worlds Largest Tech Fund

An investment group that includes Japan’s SoftBank and Saudi Arabia’s main sovereign wealth fund, has announced a major close with over US$93 billion of committed capital for the tech-focused SoftBank Vision Fund. SoftBank Vision Fund Announces First Major Close, via SoftBank Group

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