Saudi Arabia firm EGDC now owns 5% stake in Capcom
Saudi Arabia’s EGDC acquires a 5% stake in Capcom, increasing the Kingdom’s presence in global gaming as part of a broader investment strategy in digital entertainment.
Saudi Arabia’s EGDC acquires a 5% stake in Capcom, increasing the Kingdom’s presence in global gaming as part of a broader investment strategy in digital entertainment.
Saudi Arabia is investing heavily in gaming, film and entertainment as part of Vision 2030, positioning creative industries as key drivers of economic diversification and job creation.
LEAP 5 returns to Riyadh in April 2026, aiming to surpass last year’s $14.9 billion in deals. With over 200,000 attendees expected and participation from global tech giants and major investors, the event underscores Saudi Arabia’s expanding role in the global technology ecosystem.
Arbisoft and Thakaat have signed an MOU to scale digital education in Saudi Arabia through open learning platforms, teacher development, and workforce readiness initiatives aligned with Vision 2030 and the Human Capability Development Program.
Mobily’s strong 2025 results, including revenue growth of 7.9% and higher margins, prompted United Securities to assign a buy rating and raise its price target to 72 riyals, citing sustainable growth driven by infrastructure investment and wholesale expansion.
US cybersecurity firm ExtraHop has expanded into Saudi Arabia to support enterprises and critical infrastructure with advanced network detection and response solutions. The move reflects growing regional demand for cybersecurity as organisations accelerate digital transformation and infrastructure modernization initiatives.
iOCO has expanded into Saudi Arabia to support cloud adoption and digital transformation initiatives aligned with Vision 2030. Backed by its partnership with AWS, the company aims to help organisations modernise infrastructure, enhance governance, and deliver scalable digital services across the Kingdom’s evolving technology landscape.
Saudi fintech CASHIN has raised USD 16 million in Series A funding to digitise financial and operational management for fuel stations. The AI-driven platform aims to improve efficiency, governance, and supply safety while supporting the digital transformation of Saudi Arabia’s energy and infrastructure ecosystem.
King Abdullah bin Abdulaziz University Hospital has upgraded its EMR system using InterSystems TrakCare, improving clinical workflows, data integration, and patient-centered care delivery. The initiative supports Saudi Arabia’s healthcare digital transformation goals and establishes a foundation for future AI-enabled healthcare innovations.
stc group reported record financial results for 2025, with revenues reaching $20.75 billion and adjusted net profit rising 12.5 percent. Growth was supported by digital infrastructure expansion, 5G and fiber investments, data centre partnerships, and continued diversification across fintech and digital services.