Saudi Arabia

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF
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25 June, 2024

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...
Saudi Arabia eyes AI integration in media under Microsoft deal
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5 June, 2024

Saudi Arabia eyes AI integration in media under Microsoft deal

Collaborating with Microsoft, Saudi Arabia looks to integrate AI in the media ecosystem for better content and to drive economic...
Microsoft, PwC Middle East new AI center of excellence to upskill workforce in Saudi Arabia
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11 April, 2024

Microsoft, PwC Middle East new AI center of excellence to upskill workforce in Saudi Arabia

The new AI excellence center led by Microsoft and PwC Middle East will focus on equipping the local workforce with...
Animoca Brands enters Saudi Arabia’s Web3 gaming market
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30 March, 2024

Animoca Brands enters Saudi Arabia’s Web3 gaming market

After its success in Southeast Asia, Animoca Brands is entering Saudi Arabia's Web3 gaming market, announcing a strategic plan to...
Saudi Arabia mulls $40 billion AI investment fund to diversify its oil-based economy
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27 March, 2024

Saudi Arabia mulls $40 billion AI investment fund to diversify its oil-based economy

Saudi Arabia's Public Investment Fund has opened high-profile talks with U.S.-based venture capital firm Andreessen Horowitz to establish an AI-focused...
93% of firms in Saudi have advanced strategies for AI integration: Cisco
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4 March, 2024

93% of firms in Saudi have advanced strategies for AI integration: Cisco

The recent Cisco survey reveals that while 93% of companies in Saudi Arabia have advanced strategies for AI integration, only...
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