Saudi sovereign wealth fund (PIF) approves 2026–2030 strategy to drive next phase of economic transformation
- PIF board has approved a new 2026–2030 strategy focused on long‑term value creation, private sector growth and strengthening domestic ecosystems.
- The strategy signals a shift to support private sector development and deeper domestic investment activity tied to Vision 2030 objectives.
- Announcement positions the fund to play a leading role in Saudi Arabia’s tech, industrial and digital transformation over the next five years.
Fast Company Middle East · 2026-04-16
Saudi National Cybersecurity Agency issues 'very high' alert on Google Chrome vulnerabilities
- The National Cybersecurity Agency (as reported) issued a 'very high' severity alert for vulnerabilities affecting Google Chrome and urged immediate updates.
- Authorities warned organisations and users to prioritise patching to mitigate exploitation risk across the kingdom’s networks.
- The advisory is part of ongoing NCA activity to disseminate vendor security notices and national guidance.
جريدة الرياض · 2026-04-16
Saudi Arabia ranks first globally in ITU digital readiness index 2025
- Saudi Arabia topped the ITU digital readiness index for 2025 with a reported score of 94/100, according to national coverage.
- The ranking reflects progress in regulatory frameworks, infrastructure deployment and digital government services.
- The result is cited domestically as evidence of rapid technical maturity and readiness for broader economic digitalisation.
صحيفة مكة الإلكترونية · 2026-04-16
PIF governor reviews SAR200bn domestic investments and highlights 2026–2030 strategy
- PIF governor presented an update on roughly SAR200 billion of domestic investments and progress against the fund’s objectives.
- He emphasized the 2026–2030 strategic priorities as the fund repositions capital to support national economic transformation.
- The review underscores PIF’s continued emphasis on deploying capital domestically across technology, infrastructure and industrial projects.
Economy Middle East · 2026-04-16
Aramco Digital signs strategic partnership with Cumulocity to boost industrial AIoT transformation
- Aramco Digital partnered with Cumulocity to deploy AIoT solutions across industrial operations.
- Partnership aims to accelerate digitalisation in energy and industrial sites using edge analytics and connected IoT platforms.
- Expected outcomes include improved operational efficiencies and faster deployment of AI‑driven monitoring and predictive maintenance.
عالم التقنية · 2026-04-16
Lenovo officially opens Middle East, Türkiye & Africa regional headquarters in Riyadh
- Lenovo inaugurated its META regional headquarters in Riyadh as a strategic move to strengthen regional operations and customer engagement.
- The new hub will support sales, services and regional go‑to‑market activities across technology, enterprise and consumer segments.
- The opening signals increasing multinational tech firms anchoring regional HQs in Saudi Arabia to access Gulf markets.
Intelligent CIO · 2026-04-16