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David Chow, Chief Technology Strategy Officer, Trend Micro.
Engineered for the future! Trend Micro’s foray into Formula E
As Saudi Arabia makes progress towards Vision 2030, cyberattacks remain a significant concern. But of all the arenas where security efforts are being redoubled, among the more surprising must be in the world of sports. For example, spectators rarely glimpse the digital transformation happening off the track in the high speed of motorsport. But in January, as part of its Risk to Resilience (R2R) World Tour in Riyadh, global cybersecurity leader Trend Micro teamed up with the NEOM McLaren Formula E Team to highlight the critical role of cybersecurity“Our multi-year partnership with the NEOM McLaren Formula E Team marks a significant milestone in blending advanced cybersecurity with high-speed technology,” said David Chow, Chief Technology Strategy Officer, Trend Micro. “It’s exciting...
March 06, 2024

Engineered for the future! Trend Micro’s foray into Formula E

Mozn partners with Google Cloud, elevates regional AI innovation at LEAP 2024
Mozn, the regional leader in enterprise AI technologies, announced that it will be one of the first Saudi Arabian tech companies to collaborate with Google Cloud , propelling Mozn’s mission to “advance digital humanity by harnessing the powers of artificial intelligence” onto the international stage.The announcement was made at LEAP 2024, Saudi Arabia’s renowned technology conference. Mozn chose the high-profile forum to highlight that partnering with Google Cloud allows the company to make its flagship FOCAL platform available through the Google Cloud Marketplace to organizations around the world.“This collaboration with Google Cloud marks a significant stride for AI technology in the region, making our cutting-edge offerings at Mozn accessible on a global scale,” said Dr....
March 06, 2024

Mozn partners with Google Cloud, elevates regional AI innovation at LEAP 2024

Tide and Panda stores unite for Ramadan charity drive
Tide Laundry Detergent, in partnership with Panda Stores, is proud to announce a new campaign where Panda and Tide, Panda and Keswah Aisha have joined hands to help the under privileged this Ramadan by giving free clothes on the purchase of Tide packs from Panda. This campaign marks the launch of Tide's revolutionary 'Fast Dissolving' detergent powder which is an advanced detergent that dissolves quickly solving the #1 consumer tension of residues being left in clothes after wash. The campaign was kicked off with the historic achievement of setting a new Guinness World Record for the largest box of Tide laundry detergent, towering at an impressive 4 meters and weighing half a ton.The partnership between "Tide" and "Panda" in this event is to collaborate with...
March 06, 2024

Tide and Panda stores unite for Ramadan charity drive

Robert Ptaszynski, Partner and Head of Digital & Innovation, KPMG in Saudi Arabia.
KPMG: Companies in Saudi Arabia successfully leveraging digital transformation to enhance profitability and performance
Technology leaders in the Kingdom of Saudi Arabia are determined to keep their organizations’ digital transformations on track, KPMG said in its latest tech report on Saudi Arabia.“Despite the headwinds of global economic uncertainty, digital transformation leaders committed to their innovation priorities continue to realize value at pace,” said Robert Ptaszynski, Partner and Head of Digital & Innovation, KPMG in Saudi Arabia. “By aligning investment in technology with their strategic ambitions, these businesses are upholding momentum,” he added.The report is based on a survey of 2,100 executives from 16 countries, including 70 in Saudi Arabia, and conducted in-depth discussions with industry experts. It is launched ahead of LEAP 2024, the annual tech convention held in Riyadh...
March 06, 2024

KPMG: Companies in Saudi Arabia successfully leveraging digital transformation to enhance profitability and performance

LEAP 2024 spotlights the latest in AI, security, and infrastructure technologies
LEAP 2024, being held from March 4-7th in Riyadh, Saudi Arabia, will focus on various high-level tech cornerstones such as artificial intelligence, data security, and network infrastructure. Security solutions capable of adapting to an ever-changing threat landscape are important now more than ever, and companies across Saudi Arabia are investing heavily in the protection of their digital assets. With attendees meeting with some of the leading technology firms and executives, the show will highlight some important challenges that companies across Saudi Arabia are facing with security and digital transformation, and how they can overcome them.In order to support growing networking and datacenter needs in Saudi Arabia, Aginode – formerly Nexans Telecom Systems - will exhibit some of its...
March 06, 2024

LEAP 2024 spotlights the latest in AI, security, and infrastructure technologies

barraq signs agreement with MoneyGram
The financial technology app barraq has signed a strategic partnership agreement with MoneyGram leading global financial technology company that connects the world’s communities.Through this partnership, consumers in Saudi Arabia will be able to use their barraq app to send funds around the world. MoneyGram’s innovative cross-border platform will enable recipients to receive funds directly into bank accounts and mobile wallets, or cash out at over 450k retail locations across more than 200 countries and territories worldwide.Barraq CEO Ahmed Alenazi said: “We are pleased to sign this agreement With a giant money transfer operator like MoneyGram, and we look forward to more partnerships with major entities around the world to meet our customers' aspirations.”MoneyGram CEO Alex...
March 06, 2024

barraq signs agreement with MoneyGram

Adrian McDonald, President, Dell Technologies EMEA.
Dell: At the Forefront of Saudi’s Tech Evolution
For over two decades, Dell Technologies has been at the heart of Saudi Arabia's technology sector. As part of its ongoing commitment to driving transformation for its customers and partners in the Kingdom, Dell is showcasing its end-to-end portfolio of solutions at LEAP 2024. We spoke to Adrian McDonald, President, Dell Technologies EMEA, who shared insights on the big five unsolved challenges of technology, latest innovations, and the company’s role in helping Saudi businesses accomplish their digital transformation goals. Can you please share your insights on the current business growth drivers? The digital age is accelerating at pace, giving consumers more power and choice. For businesses, this is a great market environment to use digital tools to grow their brands....
March 06, 2024

Dell: At the Forefront of Saudi’s Tech Evolution

Arcapita closes SR1.8 billion Logistics Fund in Saudi Arabia
Arcapita Capital Company (“Arcapita”), a subsidiary of Arcapita Group Holdings Limited (“Arcapita Group”) announced on Wednesday the closing of KSA Logistics Fund III for SR1.8 billion ($500 million), with participation from a leading sovereign wealth fund from the GCC region and other major institutional investors.Arcapita has already deployed a substantial amount of the fund in a sizable portfolio of industrial real estate assets across the manufacturing and warehousing sectors. Over the coming months, the Firm expects to execute on a pipeline of further assets situated in strategic locations across Riyadh, Jeddah, and the Eastern Province. Arcapita will also take a built-to-suit approach, whereby properties will be developed with long-term off-take arrangements with...
March 06, 2024

Arcapita closes SR1.8 billion Logistics Fund in Saudi Arabia

Talaat Moustafa Group, Egypt’s most prominent urban developer, and its strategic partner, Al Muhaidib Group, announced the formation and launch of the Talaat Moustafa Group Saudi Company for Real Estate Development (TMG Saudi).
To develop a variety of urban projects in Saudi Arabia, Talaat Moustafa Group and Al Muhaidib Group launch strategic partnership
Talaat Moustafa Group, Egypt’s most prominent urban developer, and its strategic partner, Al Muhaidib Group, announced the formation and launch of the Talaat Moustafa Group Saudi Company for Real Estate Development (TMG Saudi).The strategic partnership will commence with the “Banan City” project in Riyadh, while various smart and sustainable urban projects will be developed in Saudi Arabia.The agreement was signed by Hisham Talaat Moustafa, CEO and managing director of Talaat Moustafa Holding Group, and Essam Abdulkadir Al Muhaidib, CEO of Al Muhaidib Group, in the presence of Sulaiman Abdulkadir Al Muhaidib, chairman of Al Muhaidib Group.On this occasion, Hisham Talaat Moustafa said: “We are pleased for the group’s new imprint in Saudi Arabia, which reflects our vision and...
March 06, 2024

To develop a variety of urban projects in Saudi Arabia, Talaat Moustafa Group and Al Muhaidib Group launch strategic partnership

RAFAL partners with HIVE to introduce first coLiving in Saudi Arabia
In a significant move that ushers in a new era of modern living, Rafal Real Estate Development Company, in collaboration with HIVE, the innovative Dubai-based living solution, announces their strategic partnership in the Saudi Arabian market. The announcement was coupled with a ground-breaking ceremony for the first project on King Salman Road in Riyadh, to be followed with a series of projects covering more than ten strategic locations across the Capital.Rafal embodies a cutting-edge approach to real estate development, while HIVE brings innovative living solutions tailored specifically for the dynamic lifestyle of young professionals. Designed to cater to the discerning needs of this demographic, HIVE offers more than just a residence – it delivers a comprehensive plug-and-play living...
March 05, 2024

RAFAL partners with HIVE to introduce first coLiving in Saudi Arabia

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