Kingdee has established its regional headquarters in Qatar to expand its presence in the MENA region. The partnership, supported by QIA, Invest Qatar, and QFZ, aligns with Qatar’s Vision 2030. The company will provide digital solutions, including financial management and supply chain optimization, contributing to Qatar’s technological advancement.
Salesforce has announced plans to expand its operations in Saudi Arabia with a new regional headquarters in Riyadh, along with a partnership with IBM to launch an AI Center of Excellence. The company also committed to upskilling 30,000 Saudi citizens by 2030, supporting Vision 2030’s digital transformation goals.
Microsoft is expanding its presence in the UAE with the launch of an Engineering Development Center in Abu Dhabi. This move strengthens its commitment to innovation in AI, cloud, and cybersecurity. The center will foster tech talent, support economic growth, and contribute to global technological advancements.
LG Electronics has launched its first brand shop in Saudi Arabia, located in Khobar. The store showcases the latest smart home products and technologies, emphasizing the company’s commitment to enhancing consumer lives. This move strengthens LG’s presence in the Saudi market and reflects its focus on innovation and connected solutions.
Konecta Group has signed an MoU with ITIDA to expand its operations in Egypt, establishing a regional headquarters in New Cairo. The $100 million investment will create 3,000 jobs, focusing on AI solutions, digital transformation, and multilingual customer services. The partnership will enhance Egypt’s IT sector and exports.
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.
Snowflake’s AI Data Cloud helps HUTCH achieve significant improvements in data loading times, operational expenses, and team efficiency.
InvoiceQ has raised $1.2 million in a pre-Series A funding round, backed by Oasis 500, Orange VC, and other investors. The company specializes in e-invoicing solutions and plans to expand into Oman, Egypt, the UAE, and the GCC. The funds will help accelerate growth and improve service offerings across the MENA region.
Stake, a UAE-based real estate investment platform, is considering relocating its regional headquarters to Saudi Arabia as part of its strategy to expand within the Kingdom’s growing real estate market. The company launched operations in Saudi Arabia on December 9, marking the beginning of its expansion in the region.
IBM has inaugurated its new office in Doha, marking a significant step in supporting Qatar’s digital transformation. The office will provide innovative technological solutions and consulting services, aligning with Qatar’s National Vision 2030 and Digital Agenda 2030 to enhance local capabilities and foster innovation in the digital ecosystem.
