About 87% of global investors plan to increase AI investments in the Global South within the next two years, with India, Southeast Asia, and the Middle East identified as most likely beneficiaries, a research report by the Future Investment Initiative (FII) Institute, in collaboration with Accenture, said.
Zain Group, a leading provider of innovative ICT and digital lifestyle communications operating in eight markets across the Middle East and Africa, reported a 16-year high consolidated revenue of KD1.7 billion ($5.4 billion) for the first nine months of the year, an increase of 15% YoY.
The Artificial Intelligence market in UAE is poised for solid growth over the next few years and is set to hit AED170 billion ($46.3 billion) by 2030, thanks to the backing from sovereign funds and policies like Strategic Plan 2031 leading the way, said a new report.
EICT, a leading Saudi Arabian ICT and systems integration company, has officially launched the IO by HFCL portfolio of enterprise Wi-Fi and networking solutions in the Kingdom of Saudi Arabia.
HUMAIN, a global artificial intelligence company backed by the Public Investment Fund (PIF) , and EY, a global leader in professional services, have announced a strategic partnership to integrate EY’s AI business solutions into HUMAIN ONE, HUMAIN’s revolutionary agentic AI platform.
Meeza, Qatar’s leading data centre and managed IT services provider, has signed a major agreement with a global hyperscaler and cloud service provider, to provide 6 megawatts of data centre services in the first phase.
Saudi Arabia's Public Investment Fund (PIF) and Aramco have signed a non-binding term sheet outlining the key terms for Aramco to acquire a significant minority stake in HUMAIN, a PIF company, advancing a full range of AI capabilities globally.
Zain Bahrain, a leading telecommunications and technology innovator in the Kingdom, has signed a strategic agreement with Huawei to launch the fastest electric vehicle (EV) chargers in Bahrain at its headquarters in Seef.
e& today has reported a consolidated revenue of AED18.6 billion ($5.06 billion), growing 29.2 per cent year-over-year (YoY), while consolidated revenues for the first nine months of 2025 recorded AED53.5 billion ($14.57 billion), up 25.3 per cent YoY, reflecting the group’s resilient business model and its ability to build on record-breaking first-half results.
HUMAIN and Qualcomm Technologies today announced a transformative collaboration to deploy advanced AI infrastructure in Saudi Arabia.
