Search Site

Trends banner

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

Governor chairs meeting to turn Makkah into a smart region

Makkah Governor Prince Khaled Al-Faisal at a meeting in Jeddah, attended by the Minister of Communications and Information Technology Abdullah Al-Sawaha, as well as the heads of universities in the region, to transform Makkah into a smart region. Saudi Press Agency
  • During the meeting, the governor was reportedly briefed on the work carried out by the Ministry of Communications to contribute to the transformation
  • Chief of these is the development of digital infrastructure, as the number of 5G towers reached around 4,000, and the average speed reached 155 Mbps

Governor Prince Khaled Al-Faisal chaired a meeting in Jeddah to discuss plans and mechanisms to transform Makkah into a smart region, official sources have said.

The meeting was attended by the Minister of Communications and Information Technology Abdullah Al-Sawaha, as well as the heads of universities in the region, said the sources.

During the meeting, the prince, who is also advisor to the Custodian of the Two Holy Mosques, was reportedly briefed on the work carried out by the Ministry of Communications to contribute to the transformation of the region into a smart one.

Chief of these include the development of the digital infrastructure, as the number of 5G towers reached around 4,000 towers, and the average internet speed reached 155 Mbps, more than double the global average internet speed, with the internet speed in the region increased by 63 percent in 2021.

Concerning developing digital capabilities, more than 11,000 individuals have been enrolled in direct courses in cooperation with the Makkah Region and universities in the region, where the number of volunteers in the digital giving initiative reaching 86,000 male and female volunteers.

The region is said to host one of the best academies specialized in drones for use in development fields related to energy and aerial inspection.

The first batch of 50 specialists has already graduated.

Meanwhile, the share of women’s participation in communications and information technology jobs in the region amounted to 28 percent.

The ministry is said to have implemented 400 meetings within the digital capacity development initiatives in the Makkah region.

These are reportedly aimed at motivating young people to participate in digital competitions, activating the dissemination of knowledge, exploring technologies, and experimenting with transforming ideas into real prototypes, benefiting more than 6 million individuals since the start of the Corona pandemic, and training 100 business pioneers in several fields.

During the meeting, the participants were briefed on the most prominent investments in the Region, as the volume of investments in the communications and information technology sector exceeded SAR4 billion ($1.07 billion).