Wednesday 19 February 2025
 
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Databricks to invest $300m in Saudi Arabia

Databricks, a data and AI company, has announced plans to invest up to $300 million in Saudi Arabia over the next five years.    This investment, announced at LEAP 2025, will be used to enable its growing local customer base to combine data, analytics and A

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Zain Bahrain revenue for 2024 hits $203m; net profit up 2pc

Zain Bahrain, a leading telecommunications provider in the kingdom, has announced a revenue of BD77.24 million ($203 million) for FY2024, up 6.8% from the previous year's figure of BD72.32 million ($190 million).    Announcing its financial results for

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American School of Bahrain gets key AI endorsement from US body

American School of Bahrain (ASB) has announced that it has become one of the first 10 schools worldwide, and notably the first in GCC, to receive the Responsible AI in Learning (RAIL) endorsement from the Middle States Association, a leading US accreditation body for colleges and schools.&nbs

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Zain KSA posts record $2.8bn revenue for FY 2024

Zain Group, a leading telecom group in the region, said its Saudi unit has delivered solid results for FY 2024 with an all-time high revenue of SAR10.4 billion ($2.8 billion), compared to SAR9.9 billion ($2.6 billion) in 2023, reflecting a 5% growth.    Ann

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stc Group, SambaNova launch sovereign AI cloud platform in KSA

Saudi Arabia's leading digital enabler, stc Group, through its AI arm, stc.AI, launched a Large Language Model (LLM) sovereign cloud platform, which will run the world’s largest open-source frontier model, leveraging SambaNova’s advanced technology.   

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Zain Bahrain deploys 5G streetlight solution in Durrat Al Bahrain

Zain Bahrain, a telecommunications industry innovator in the kingdom, said it has successfully implemented multiple 5G capable streetlight solutions in Durrat Al Bahrain in collaboration with LSS Technologies, one of the leading technology solutions and system integrators in the kingdom, to e

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56 Bahraini employees complete Alba training programme

Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced that 56 Bahraini employees have successfully completed the ‘Al Jisr’ Training and Development programme.    This flagship initiative is designed to

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Northstar Technology, HFCL announce strategic partnership

Northstar Technology, a leading ICT and telecom solutions provider, and HFCL, a global leader in telecom infrastructure and technology, have jointly announced a strategic partnership during the 14th annual Fiber Connect MENA Conference and Exhibition in Dubai.  

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LEAP25 ends on a successful note; nets $15bn in key investments

The fourth annual LEAP25 conference, the region's premier technology event, concluded yesterday (February 12) at the Riyadh Exhibition and Convention Center in Malham under the theme "Into New Worlds."   The conference marked another success for th

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Google CEO highlights AI role, quantum breakthroughs in shaping future

Artificial intelligence (AI) is increasingly becoming an integral part of daily life, with models such as Gemini leading advancements in efficiency and accessibility, said Sundar Pichai, the CEO of Google and Alphabet, at the World Governments Summit 2025 in Dubai.  

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