Sponsor News
Stc
Stc Group launches sovereign cloud powered by Oracle
This new sovereign cloud platform will offer upwards of 100 Oracle Cloud Infrastructure services to provide highly secure and reliable cloud infrastructure. The deployment of Oracle Alloy aims to deliver cutting-edge cloud solutions tailored to meet the unique needs of the Saudi Arabian market, whilst also supporting data residency and data sovereignty…Read more
Industry News
Kuwait
Stc Kuwait deploy new 5G wireless service
Stc Kuwait has announced a groundbreaking development in broadband connectivity with the deployment of their new 5G RedCap FWA service across the Middle East. This marks a transformative advancement in high-speed, reliable internet access and unparalleled connectivity, enhancing customer experience and promising to lower barriers to 5G adoption, further encouraging the transition from 4G to 5G…Read more
Saudi Arabia
Gulf Capital and the Innovation Authority sign a $100Mn investment deal
Saudi Arabia’s technology sector is poised to benefit from $100Mn of investment over the next 5 years thanks to an agreement between Gulf Capital and the Kingdom’s Research Development and Innovation Authority. This significant investment aims to enhance, foster, and fund the growth of both international and local technology companies, with specific attention to healthcare, fintech, and renewable innovation…Read more
Saudi DC market attracts significant global investment at LEAP
Saudi Arabia has emerged as one of the most attractive destinations for international player investment as evidenced at LEAP Riyadh last week, where multiple tech and data centre companies revealed plans to enter the Kingdom. The Saudi Arabia minister of investment, Khalid Al-Falih, commented on this significant influx stating that ‘these investments are key to enable future growth in the industry and enable the broader transformation of the Kingdom’s economy’’… Read more
Saudi Arabia announces new plans to support tech startups
Whilst startup funding globally has seen a rapid decline over the last year, Saudi Arabia recorded a 159% increase in investment compared to 2022, and there are no plans to slow down. At LEAP Riyadh last week, the Kingdom announced ideas to invest upwards of $888Mn to support the local tech startup and venture capital sector, with a specific focus on industries such as digital payments, e-gaming, and AI…Read more