Interview Saudi labor localization will take ‘generation or two': Armada CEO Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades. Olivier Badard CEO of Armada Holding
Syria reports sabotage of undersea internet cable between Tartous and Alexandria: What to know The affected cable connects Syria to Egypt and is one of four cables that link to the coastal city of Tartous. Syria
Explainer Saudi investors could emerge as key winners from SpaceX’s historic IPO A new disclosure from Saudi Arabia's Kingdom Holding ahead of SpaceX’s Nasdaq debut shows just how valuable Elon Musk's relationship with Gulf investors has become. Saudi Arabia
Iran partially restores internet after 88-day blackout: What to know The move comes after a nearly three-month internet blackout, marking it as one of the longest outages ever. Iran
Egypt seeks to attract Chinese mobile companies fleeing India Egypt is trying to take advantage of the crisis between Chinese smartphone companies and India by providing incentives to such companies to lure them into investing in the Egyptian market. Egypt
Israel seeks technological cooperation with US What Israel perceives as inflexible American demands on data security might stand in the way of establishing true technological cooperation between Israel and the United States. Israel
Egypt explores production of green fuels for ships Egypt plans to cooperate with the Maersk global shipping group to establish a national network to produce and distribute green fuel for ships, depending on new and renewable energy sources, as the country gears up to host the COP27 climate summit. Egypt
Saudi esports success depends on local businesses, say industry players After Saudi Arabia released its esports strategy last week, members of the region’s local gaming industry say community players, developers and startups are key to actualizing the plan’s ambitious goals. Legacy: Gulf
Saudi Arabia plans new AI center The agreement between the Saudi Authority for Data and Artificial Intelligence and King Abdullah University was made on the sidelines of an artificial intelligence summit in Riyadh. Saudi Arabia
Investment in Israeli food tech doubles Israel is quickly becoming one of the world leaders in cultivated meat, dairy and seafood products. Israel
Qatar issues first digital payment licenses to fintech providers Qatar as well as Saudi Arabia and the UAE are seeking to bolster their fintech sectors. Legacy: Gulf
Saudi Central Bank approves fintech companies Lean Technologies, Mod5r Saudi Arabia recently launched a fintech strategy with the goal of becoming a regional hub for financial technology. Saudi Arabia
Israeli automotive startups dream of becoming next Mobileye Vying for the same success of Mobileye, which was bought by Intel five years ago for $15 billion, Israeli startups are doubling their efforts to appeal to foreign investors. Israel
Saudi Arabia’s NEOM project to bring huge investments to Egypt Saudi Arabia Crown Prince Mohammed bin Salman said his country will invest in Sharm el-Sheikh as part of $500 billion NEOM project. Egypt
West Bank hosts first digital tourism hackathon For the first time, Palestinians hold a digital tourism hackathon to develop innovative solutions to the problems facing the tourism industry. Palestine
Israel redefines ties with NATO as security provider During a visit of a NATO parliamentary delegation, Israel showcased high tech capabilities. Israel
