Forty-six deep-tech startups graduated from the KACST Venture Program in Riyadh, representing sectors like energy, healthcare, and renewables. The program, backed by the National Technology Development Program, supports emerging technologies and aims to transform research into marketable products. The new phase will involve partnerships with Saudi universities.
A new international data corridor linking Europe and the Gulf via Iraq has been launched by ITPC and CITRA, in collaboration with Zajil Telecom. The land-based route offers a faster, more reliable alternative to maritime services, providing quicker and secure data transmission from Kuwait to Europe.
Pakistan has joined the 2Africa Cable Project, which spans 45,000 km of undersea cables connecting 46 stations across 33 countries. The telecom sector saw significant growth, with a 17% revenue increase, while Pakistan’s global digital rankings improved. The country also advanced in mobile connectivity and cybersecurity efforts.
Ericsson has launched its Gen-E Graduate Program in Oman, aimed at developing young Omani talent in advanced technologies like 5G, AI, and IoT. The program provides hands-on experience through training and projects, supporting Oman’s Vision 2040 by building a skilled workforce aligned with global technological demands.
OQ has launched e-Symphony, implementing RISE with SAP on a private cloud, marking a significant upgrade from its One ERP platform. This move enhances operational efficiency, scalability, and real-time analytics, enabling data-driven decision-making and resource optimization while reinforcing OQ’s role in Oman’s economic and digital transformation.
Edgnex Data Centers, a unit of Damac, is entering the US market with a $20 billion investment, marking a major step in its global expansion. The company aims to deliver 2000MW of data center capacity across Sunbelt and Midwest states, supporting cloud and AI growth in the US and beyond.
Qatar’s computing market is set to reach $72.67 million by 2025, driven by growth in digital transformation, AI, and IoT technologies. The market will see a 3.35% CAGR, with user penetration expected to rise. Major tech firms like Google Cloud and Microsoft are key contributors to this growth.
EdVentures, the corporate venture capital arm of Nahdet Misr Publishing Group, has invested in Egyptian ed-tech startups Schoolz and Ibn Sina Training Academy. This brings EdVentures’ portfolio to 24 startups, supporting innovation in student transportation and specialized medical training, further strengthening its position in the MENA ed-tech sector.
stc Bahrain has transferred its fiber assets to BNET, aligning with the Fifth National Telecommunications Plan. This agreement will create a unified fiber broadband network, promoting competition and supporting Bahrain’s digital economy and Vision 2030. The move aims to enhance the telecommunications sector and ensure equal access to services.
Atlas Cloud Services (ACS) has launched Morocco’s first sovereign cloud marketplace to assist businesses in digital transformation. Announced during the Move to Cloud event, the platform offers tailored solutions, including computing, storage, AI, and IoT, while streamlining cloud management and reducing operational costs for Moroccan enterprises.
