Kingdom Holding Company (KHC) has invested SAR1.5 billion ($400 million) in xAI Corporation during its Series C funding round, solidifying its partnership with Elon Musk. This move reflects KHC’s strategy of investing in emerging technologies, particularly AI, and follows its earlier stake in Musk’s ventures like X (Twitter).
The Content Player Awards (CPA) will launch in April 2025 to celebrate and advance digital content in the Middle East. The event, a collaboration between Tayarah, Ievents, and DigiSay Group, will feature interactive workshops and culminate in an awards ceremony honoring top content creators, brands, and influencers.
Vodafone Qatar has been recognized with the “Leading Corporate for Investor Relations in Qatar” award at the 2024 MEIRA Annual Investor Relations Awards. This acknowledgment highlights the company’s commitment to transparency, effective communication, and adherence to international standards in investor relations, reinforcing its credibility in the investment community.
e& has launched the “Nukhbat Al Wattan” program, offering Emirati males who have recently graduated from high school the opportunity to gain work experience and develop skills while awaiting their mandatory national service call-up. The six-month program provides valuable work experience, skill-building, and monthly remuneration equal to the national service allowance.
The Saudi Broadcasting Authority (SBA) has completed a major upgrade to Studio A, Saudi One’s primary studio, incorporating Grass Valley’s advanced broadcast technology. This modernization supports Saudi Arabia’s Vision 2030 initiative, focusing on innovation and cultural preservation. The upgrades aim to set a new benchmark for media excellence in the region.
Saudi Arabia and Iraq are enhancing their digital partnership through discussions on joint investments and digital transformation. The talks aim to foster innovation, support entrepreneurship, and contribute to economic growth. The collaboration aligns with Saudi Vision 2030 and Iraq’s digital strategy to strengthen their economies through emerging technologies.
Google Wallet is set to launch in Pakistan by January 2025, alongside Egypt and Venezuela, expanding Google’s digital payment ecosystem. The launch is expected to complement existing platforms like Easypaisa and JazzCash, driving competition in the market. New updates to the Wallet ecosystem are also expected to enhance user experience.
Over 1.6 million Moroccans cannot afford basic internet access, with the country ranking 105th globally in internet affordability. The report highlights significant regional disparities in access, showing that both men and women are equally affected. Morocco’s average monthly internet cost is $4.4, far below the US benchmark.
The Saudi Skills National Competition launched its mobile robotics challenge in Al-Ahsa, gathering 40 talented young men and women from across the Kingdom. Participants from six educational institutions are competing for a chance to represent Saudi Arabia in regional and international competitions, enhancing their skills in various technical fields.
stc Bahrain has partnered with Huawei to launch the fourth edition of its Technical Capacity Program, aimed at fostering digital innovation and talent development in Bahrain. The program provides training in key ICT sectors, including cybersecurity and AI, and supports the kingdom’s digital transformation by empowering its workforce.
