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MUST-READS

  • Yemen
    The Yemeni E-rial: A Digital Projection of Monetary Authority

    Rather than streamline and improve access to the country’s financial system, the e-rial adds new layers of complexity to the country’s financial market and increases opportunities for intermediaries to exploit distortions in the economy. Yemenis are flocking toward hard currencies, such as Saudi riyals and U.S. dollars, as the Yemeni rial continues to depreciate.

  • Digitalisation
    The digital revolution requires a skills revolution: PwC Middle East publishes results of survey on technology, jobs and skills

    While 75% of workers surveyed in the GCC believe automation will significantly change or make their job obsolete within the next ten years (vs. 53% globally), the majority, 82% (61% global) were positive about the impact of technology on their day-to-day work.  But only 23% are learning new skills through their employer to better understand or use technology (33% global).

  • Shadh Attar
    TheFace: Shahd Attar, Saudi digital transformation consultant

    My career formally started at Cisco, a global leader in networking solutions. It was a dream come true to me. Reality hit me very quickly when there were not many other women around, especially after graduating from an all-girls school.

  • Saudi-China
    Chinese e-commerce firm leads in promoting Saudi digital economy

    "There is great collaboration currently between Saudi Arabia and China, especially when it comes to information and communications technology," Ahmed Al-Thenayan, deputy minister of Saudi Ministry of Communications and Information Technology (MCIT) told Xinhua in an interview on Wednesday.

  • Vision 2030
    Saudi Arabia’s Digitalization Drive

    The digitization journey has still major challenges such as digital identity and e-government services. Empowering the citizens with a full digital identity is a required step to accelerate digitization.

  • Entrepreneurship
    Saudi Arabian digital grocery firm Nana gets new capital injection

    Middle East Venture Partners (MEVP) and Impact46 have invested in Nana Direct, a major online grocery buying and delivery platform serving 13 cities across Saudi Arabia. The $6.6 million (Dh24.2m) deal marks the debut investment for the partnership between MEVP, a Middle East-focused venture capital company that invests in the early and growth stages of companies, and Impact46, an asset manager in Riyadh focused on tech space. Other investors include Watar Partners, Saudi Venture Capital (SVC) and Wamda Capital.

  • Telecom
    Saudi telecom regulator oversees competition reform and hosts digital spectrum sale

    The strategic programmes, under its Vision 2030 agenda and the supporting National Transformation Programme 2020, are aimed at enhancing fixed and wireless broadband network expansion and digital transformation as well as creating business opportunities for service and network infrastructure providers.

  • Digital Transformation
    The Political Ramifications of the Gulf’s Digital Transformation

    Artificial intelligence, blockchain, and financial technology, or fintech, are now viewed as promising pathways toward alleviating cost and budget pressures and supporting economic diversification.

  • Digital Transformation
    Vision 2030 enables Saudi Arabia’s public sector to drive digital transformation

    Digital transformation (DX) will remain a prime objective for the public sector with the entrants of new technologies steering away legacy systems providing value potentials, ease, convenience and improved methods to effectively deal with citizens providing them convenience and transparency of government services.

  • Trukkin
    Saudi digital logistics solutions for long-haul trucking services on the rise

    Trukkin is one of several startups gaining global recognition in the new industry. In 2018, a Wall Street Journal headline noted that China’s Truck Alliance, a truck hailing company, was on course for a for $10 billion valuation. Blackbuck, India’s largest trucking platform, was named CNBC’s 2018 Startup of the Year reaching unicorn status in 2019