Qiddiya Investment Company (QIC), the developer of Qiddiya City, the capital of entertainment, sports, and culture in Saudi Arabia, has announced that it has signed up global technology leader Cisco to power its new smart office HQ through intelligent use of networking, collaboration and indoor navigation.
Lenovo has appointed Salman Abdulghani Faqeeh as Vice President & General Manager, Saudi Arabia, reinforcing the company’s long term commitment to the kingdom as a strategic priority market and regional technology hub.
Meta has signed an agreement to deploy AWS Graviton processors at scale. The deal marks a significant expansion of a long-standing partnership between the two companies as Meta builds its next generation of AI.
Roshn Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed an agreement with Dawiyat Integrated Telecom and IT Company, a unit of Saudi Energy, to develop fibre-optic telecommunications infrastructure within its Aldanah community in Dhahran.
Google is planning to invest up to $40 billion in Anthropic, the AI firm confirmed, expanding a long-standing alliance between the two companies. The investment builds on a partnership in which Anthropic will use custom Google chips and cloud computing services to power its technology.
Dubai Integrated Economic Zones Authority has entered into an agreement with Dutch group Volt for setting up an AI-ready data centre facility in Dubai Silicon Oasis. Under this, DIEZ will provide land and core infrastructure, while Volt UAE will be responsible for the development, finance and lead construction of these facilities.
Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter, with revenue growing by 6.9% to AED4.1 billion ($1.116 billion), a record EBITDA margin of 49.5%, and net profit growing by 15.5% to AED0.8 billion ($217.8 million).
AESG, an engineering and consultancy firm, has announced expansion of its Mission Critical unit, broadening its data centre offering to full multidisciplinary integrated design delivery. Its focus markets will remain UAE and Saudi Arabia where the demand for hyperscale data centres is booming.
Khazna Data Centers, a leading player in the critical AI infrastructure sector, has announced that its facility in Dubai has become the first data centre globally to be awarded the Zero Waste Certification by SCS Global Services, one of the world’s leading third-party sustainability certification bodies.
HFCL has introduced its IO portfolio in Kuwait through Alghanim Engineering, expanding advanced communications solutions to support key sectors such as oil and gas and utilities.
