First IoT exhibition opens to explore what lies ahead for information technology in KSA

Arab News
January 29, 2018

Riyadh, Jan 29: The first Saudi International Exhibition and Conference for Internet of Things (IoT) opened Sunday, representing a major step in supporting Saudi Vision 2030, which has allocated a great deal of support to the IT sector and affirmed full support for creative and innovative thinking to motivate the Saudi youth.

The event is at the Riyadh International Convention and Exhibition Center and its manager Fahad Algarni told Arab News: "Internet of Things is emerging now and Saudi Arabia is taking the lead in the region with this mega event for enabling infrastructure or increasing the infrastructure capacity for the Internet in line with Vision 2030, which is the first step in digitizing the nation.”

This further complements the government plan to expand the broadband Internet services to 70 percent of the remote areas by 2020 and to all citizens subsequently, thus becoming a digital nation with an efficient Internet connectivity, and reaching the cornerstone for the IoT, he added.

“This conference and exhibition today started with the aim of introducing and exploring the latest IoT innovations and technologies. For the next three days it will be the place where the techno community will gather to explore what lies ahead for the future IoT industry in Saudi Arabia,” Algarni added.

It will also serve as the starting point for lots of deals, negotiations and contracts for better engagements and future collaborations between participating companies. This conference and exhibition will from now on be an annual event with exponential growth, he said.

Earlier, Ahmed Sulaiman Al-Rajhi, chairman of the Council of Saudi Chambers (CSC), opened the conference and emphasized in his opening address that anyone can utilize this innovative IoT from using these devices in health care, transportation and communication to other areas of life with immense help for quick data collection, analysis and monitoring in real time.

The CSC chairman also stressed that it is useful for a range of purposes such as seeking an appointment with a doctor, calling for an ambulance and for various other daily requirements at a faster pace.

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News Network
April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

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Angry Indian
 - 
Monday, 27 Apr 2020

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

 

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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Agencies
July 31,2020

Dubai, Jul 31: The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia tweeted early on Friday sending congratulations to everyone on Eid Al Adha.

"I congratulate everyone on the blessed Eid Al Adha. May Allah [grant us another Eid where we will be in] good, blessings, health, and wellness," King Salman said.

"We also ask [God] to accept the pilgrimage of those who completed Haj, and [to accept] Muslims' prayers, and to remove the coronavirus pandemic in our countries," he added.

King Salman left King Faisal hospital in Riyadh after recovering on Thursday, the Saudi Press Agency (SPA) reported on Thursday.

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News Network
February 24,2020

Dubai, Feb 24: Kuwait and Bahrain confirmed on Monday their first novel coronavirus cases, the countries' health ministries announced, adding all had come from Iran.

Kuwait reported three infections and Bahrain one in citizens who had returned home from the Islamic republic.

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