Orange announced that its venture capital arm, Orange Ventures has become a separate legal entity with an increased allocation of 350 million euros, empowering it to be more agile and competitive in seeking out and supporting the best start-up talent worldwide. Orange Ventures invests in high-growth sectors, in areas traditional to Orange expertise such as connectivity, cybersecurity, the digital enterprise, and innovative financial services, as well as new territories that the group is exploring, like e-health.

Read more: Orange allocates EUR 350 mln for new digital innovations entity

The rate at which technology is created and then commercialized has been nothing short of dizzying. At the turn of the century in 1999, people envisioned a future characterized by huge evolutionary strides in technology such as autonomous cars, a huge uptake in artificial intelligence and drones, among many others.

Read more: Innovation’s impact on communication technologies

The International Telecommunications Union (ITU) has hailed the role of the Saudi Communications and Information Technology Commission (CITC) as the regulator of choice for the Communications and Information Technology sector in Saudi Arabia.

Read more: CITC set to become the world’s most developed 5G regulator, says ITU

Benya, a leader in Information and Communication Technology (ICT) infrastructure and digital transformation in Egypt, Africa and the Middle East announced the establishment of its Global Advisory Board (GAB). This represents an important milestone for the company as Benya is strengthening its position as a trusted partner to deliver high quality ICT solutions. The established board is set to empower the company’s vision by providing counsel to Benya’s leadership.

Read more: Benya establishes its Global Advisory Board

With ‘digital transformation’ now woven into the fabric of the Kingdom’s national development vision over the next decade, Terry He, CEO of Huawei Tech Investment Saudi Arabia, reflects on the substantial progress made to date, and what priorities are coming up next in creating a more connected and intelligent society.

Read more: The power of five tech domains can unleash an intelligent society in Saudi Arabia

2020 has been quite a year and the least we can say is that it was “unprecedented”. Existing ICT and telecommunication trends gained more ground in light of the new normal imposed on everyone as a result of the COVID-19 pandemic. The telecommunications industry was put under the spotlight given its substantial role in keeping businesses and almost all sectors running. As 2021 begins, new opportunities for telecom players will emerge.

Read more: 2021: The year of new opportunities

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