Alat, backed by Saudi’s PIF, introduces Electrification and AI Infrastructure units, targeting global energy transition and AI-driven innovation. With a $100 billion investment commitment, the move aligns with market trends, aiming to revolutionize industry practices and fortify Saudi Arabia’s position as a sustainable industrial leader.
Zain Bahrain discloses Q1 2024 financials, revealing a 25.3% decline in net profit but a 7.4% revenue surge, driven by innovative data solutions. Despite challenges like start-up costs for its Fintech subsidiary, the telecom giant launches Bede, a Shariah-compliant Fintech Mobile App, and upgrades its 4G network for improved user experiences.
EZPac, a burgeoning digital printing startup, is set to transform the stand-up pouch market in Morocco with the installation of…
Afghan Wireless Communication Company (AWCC) has introduced telecommunication services in Noor Gul, Kunar, for the first time, providing essential connectivity to a region previously lacking such services. This initiative is part of broader efforts to enhance telecommunications across remote areas of Afghanistan, significantly improving local access to communication.
Telenor Velocity and Google have partnered to nurture tech startups in Pakistan through the Google Cloud Startup Competition 2024. This initiative aims to drive innovation in AI, fintech, and other sectors, offering winners a cash prize and networking opportunities, thereby enhancing Pakistan’s tech ecosystem and entrepreneurial landscape.
Lenovo has partnered with ZAK Solutions, becoming its first Tier 1 partner in the META region and offering an extensive range of products. This strategic collaboration aims to enhance technological accessibility and drive digital transformation across the Middle East, aligning with Lenovo’s commitment to democratizing AI and advancing regional growth.
The Generative AI Hackathon in Amman, Jordan, hosted by Jordan Source and MENADevs, showcased AI’s potential to drive economic growth and innovation. Aligning with Jordan’s digital ambitions, the event attracted 200 professionals across various sectors, emphasizing the country’s commitment to becoming a hub for high-tech investments and entrepreneurship.
Bayer and Huma Therapeutics have launched a digital heart health screening tool in Saudi Arabia, supporting the Vision 2030 strategy. This tool predicts cardiovascular disease risk using a non-invasive algorithm, aligning with efforts to reduce the burden of such diseases in the country through preventive care and early detection.
Yotta Data Services, in collaboration with BLC Holding Pvt. of Nepal, is set to construct a supercloud data center near Kathmandu. This strategic initiative marks Yotta’s entry into Nepal, aiming to support the region’s digital expansion with advanced facilities designed for hyperscalers, enterprises, and AI development.
AIx, a subsidiary of Emaar Groups in Oman, has launched AIx GPT, the country’s first advanced large language model. This AI innovation delivers rapid response capabilities and operates efficiently on consumer hardware, significantly advancing Oman’s digital transformation and enhancing various industries from healthcare to public services.
