Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Saudi Arabia’s SDAIA and Shareek program signed an MoU to enhance AI-driven innovation and investment in the private sector, supporting Vision 2030 goals for economic diversification and digital transformation.
Saudi Arabia’s tech delegation led by Minister Abdullah Alswaha visited UK firms specializing in AI, deep tech, and LEO satellite communications, advancing partnerships aligned with Vision 2030 to foster innovation and localization of future technologies.
Lucidya has raised $30 million in a Series B led by Impact46 to scale its AI-driven CX platform across 11 MENA countries. The funding supports expansion into AI Agent automation for customer-facing functions, leveraging a high-accuracy Arabic AI engine to transform regional CX while addressing labor and compliance challenges.
First Gulf Company and Arabsat signed an agreement to provide scalable VSAT and satellite data services across Saudi Arabia, starting with 140 Mbps and supporting IoT, cloud, and AI applications, enhancing connectivity especially for remote industrial sectors.
Saudi Signs Media and Rotana Signs won rights to operate 2,688 digital screens inside Riyadh Metro carriages. The network offers high-frequency advertising across six lines, engaging millions of passengers in Saudi Arabia’s largest transit system and aligning with Vision 2030 goals.
Vertiv held a training event in Riyadh showcasing modular power distribution solutions, including the Powerbar iMPB busway, to support Saudi Arabia’s AI-driven digital growth and Vision 2030. The company’s local presence enables tailored support for critical infrastructure in data centers and smart cities.
Saudi quick commerce startup Ninja raised $254 million in a pre-IPO round at a $1.5 billion valuation. Operating across GCC countries, Ninja offers instant delivery of groceries and food, with nearly $1 billion in annual GMV and profitability, positioning itself for IPO and further expansion.
Saudi Arabia advances initiatives to address AI and computing challenges, emphasizing global collaboration for digital inclusivity. Minister Alswaha’s Geneva talks focus on partnerships in AI, digital governance, IP protection, and sustainable digital development.
Ericsson inaugurated its new regional headquarters in Riyadh, enhancing its Middle East and Africa presence. The move supports Saudi Vision 2030 goals through innovation, 5G leadership, and talent development. Key partners like stc and Mobily reaffirmed collaboration, while initiatives like the Gen-E Graduate Programme foster local tech expertise.
XDS Datacentres teams with ICS Arabia to build 10MW immersion-cooled data centres in Riyadh and Jeddah by 2026. Facilities will support AI, GPUaaS, and cloud workloads with Tier III certification and high uptime. This project advances Saudi Arabia’s digital transformation and sustainable computing goals.