Umniah Announces JD300 Million Investment to Expand 5G, Fiber, Cloud and Data-Center Infrastructure in Jordan

Umniah will invest JD300 million over five years to expand 5G, fiber, cloud, and data-center infrastructure in Jordan. CEO Faisal Al-Jalahma highlighted major upgrades, education-sector connectivity, and partnerships with global tech firms. The company’s initiatives support national digital transformation, sustainability goals, and social development across underserved communities.

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Futurity Secures Seed Funding to Roll Out AI Intelligence for Everyday Work

Sri Lanka’s AI-native innovation studio Futurity has secured seed funding from top private investors to accelerate its mission of embedding invisible, intuitive AI into everyday business operations. With flagship products Omni and Query, a newly formed board, and plans for rapid market expansion, the startup aims to redefine how enterprises access knowledge, automate tasks, and create intelligent digital experiences.

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Payment24 Expands Middle East Operations with New Dubai Hub

Payment24 has strengthened its Middle East presence by launching a regional hub in Dubai and securing strategic contracts in the UAE and Saudi Arabia, marking a key milestone in its GCC expansion strategy. The company is responding to surging demand for advanced fleet, fuel, and retail payment technologies, positioning its modular platform as a backbone for digital transformation in the downstream oil and gas sector.

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Saudi Arabia to Showcase $14.9B Tech Investment at Web Summit 2025

Invest Saudi will highlight the Kingdom’s $14.9 billion technology investment portfolio at Web Summit 2025 in Lisbon, positioning Saudi Arabia as a global hub for artificial intelligence, e-commerce, and logistics innovation under Vision 2030. With a digital economy projected to reach $76 billion by 2030, Saudi Arabia is leveraging its vast connectivity infrastructure — including 1,300 megawatts of data-center capacity and 20 subsea cables — to anchor its regional digital leadership.

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