Saudi Arabia

Around $18 billion generated from telco services in 2017 in Saudi Arabia
The Saudi Public Investment Fund (PIF) Programme (2018-2020) aims to increase assets under management to over $400 billion by 2020.
Virgin Mobile Saudi aims to cross 3.5 million subscribers by end of 2018
CEO Fouad Halawi expresses confidence that Virgin Mobile KSA will continue to lead the change in the region and eventually set the stage for future digital aspirations.
Zain Saudi carves a new network strategy in partnership with Huawei
Under the terms of the agreement, Huawei and Zain will work together to accelerate the deployment of 4.5 to 5G networks, make further advances towards full cloudification, and produce additional strategy and planning in the field of ICT Synergy Cloud.
STC launches STC Academy to build digital skills and enable e-services
The academy will provide quality training in modern areas that witness increasing demand for important domains such as cyber security, data analysis, modern digital technology and leadership skills, in collaboration with prestigious academic institutions from America and Britain
Saudi Football changes pitch from MBC to STC
The news comes just a few days after the release of Saudi businessman Waleed al-Ibrahim, who has management control of MBC. Reuters reports senior Saudi officials saying that Ibrahim agreed to an “undisclosed settlement after admitting to unspecified violations”.
UAE, Saudi business confidence dips over VAT launch
New survey shows confidence in two Gulf countries hit by concerns over increased consumer costs
Zain Saudi delivers a strong turnaround performance for 2017
Operators reports first-ever full-year net profit of $3.2 million
STC partners with Oracle to provide cloud computing services
Two data centres are planned in Riyadh and Jeddah
STC initiates construction of the region's largest NOC
The centre in Al-Mursalat district in Riyadh is expected to be completed in 2019
STC launches cloud encryption service with Thales
Thales to deliver seamless high performance encryption, access control and key management

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