Skip to main content

icnlive

Menu

Tag: Saudi Arabia

Saudi Arabia is a major Middle Eastern economy driven by energy, finance, and large-scale government investment initiatives. It holds some of the world’s largest oil reserves and is undergoing economic diversification through Vision 2030, expanding into sectors such as tourism, technology, infrastructure, and entertainment to reduce reliance on oil revenues.

Saudi Digital Infrastructure Report Reveals 45.2% AI Adoption Rate 2025

Saudi digital infrastructure

Saudi digital infrastructure gained a fresh set of benchmarks this week, when the Communications, Space and Technology Commission released the Saudi Internet Report 2025. The fifth edition tracks how people in the Kingdom connect, browse, and use new tools. It reads as a status check on the network and the habits built on top of […]

US-Saudi nuclear deal clears Trump, opens Saudi path to uranium enrichment

US-Saudi nuclear deal

The US-Saudi nuclear deal cleared its biggest hurdle this week, with President Donald Trump signing off on it. Two people familiar with the decision told the Associated Press an announcement is expected Wednesday. Neither would speak on the record before the formal rollout. Reporting from The Wall Street Journal broke the news first on Tuesday. […]

TotalPay obtains SAMA approval to join Saudi Arabia digital payments race

TotalPay obtains SAMA approval

TotalPay obtains SAMA approval to become the first Indian firm cleared for this role in the Kingdom. The Saudi Central Bank granted the license so the company can serve merchants across Saudi Arabia. You now watch an Indian fintech enter one of the region’s fastest digital payment markets. Regulators approved TotalPay as an e-commerce payment […]

SFDA Approves AI-Powered Medical Application for Smartphone Vital Signs

AI-powered medical application

AI-powered medical application technology reached a major milestone after Saudi regulators approved its public use. This SFDA marketing authorization now lets people use the application across the wider Saudi market. Saudi authorities became the first regulator worldwide to clear this kind of health tool. You can now measure heart rate, oxygen saturation, and blood pressure […]

Saudi Arabia rethinks NEOM giga-project as cancellation bill hits $16bn

Saudi Arabia rethinks NEOM giga-project

Saudi Arabia rethinks NEOM giga-project plans as new budget figures reveal billions set aside for cancellations. The 2026 to 2030 budget includes around $16 billion in payments to contractors, according to Semafor. These payments are tied to penalty clauses inside long-term agreements signed during years of rapid contracting. Saudi authorities now expect to spend more […]