Page 4 - National Technology Development Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Saudi Arabia-based investment firm STV announced during the LEAP 23 Conference the launch of its Total Growth platform, anchored by...

RIYADH: Investment programs worth $2.43 billion were announced on the third day of the Saudi tech event LEAP 2023, following on from the $9 billion in deals revealed on the event's first day. The new funding announced on Wednesday will support the growth of emerging technology companies in Saudi Arabia. This is in addition to eight other investment funds worth $646 million

RIYADH: The LEAP23 conference in Riyadh launched the Rocket Fuel competition and Alibaba Cloud hackathon, with more than SR6 million ($1.6 million) in cash prizes on offer. Being held at the Front Expo Center until Thursday, both events aim to support startups and projects in addressing technical challenges through innovative solutions. Supported by the National Technology

RIYADH: The Saudi Central bank, also referred to as SAMA, has announced adding a subtitle to an existing law, which reduces the minimum paid-up capital for finance firms specialized in financing and supporting small and medium enterprises to SR50 million ($13.3 million), according to a statement. SAMA said the amendment made to the Implementing Regulation of the Finance

RIYADH: Industrial small and medium enterprises in Saudi Arabia will have to transform into resilient and technologically savvy operations in order to go global and be able to compete internationally, according to a report by the multinational professional services network KPMG. Outlining a road map for the Saudi SME sector in a report titled "Growing new industrial supply