IT & Telecommunications

IT & Telecommunications

Abu Dhabi deploy 8 exaflop supercomputer in India

Fri, 20 Feb 2026

Abu Dhabi will establish a national-scale AI supercomputer in India with 8 exaflops of compute capacity, marking a new phase in India’s AI infrastructure development.

IT & Telecommunications

Dell, Ooredoo collaborate to advance AI services

Wed, 18 Feb 2026

Dell Technologies and Ooredoo have announced the signing of a memorandum of understanding (MoU) to deliver and power modern AI services.

IT & Telecommunications

Zain Group revenue hits $7.44bn for 2025; net income doubles to $777m

Wed, 18 Feb 2026

Zain Group, a leading provider of innovative ICT and digital lifestyle communications (TechCo) operating in eight markets across the Middle East and Africa, has announced robust consolidated financial results for the full-year 2025 (FY-25), and fourth quarter (Q4-25) ended 31 December 2025.

IT & Telecommunications

US cybersecurity firm ExtraHop enters Saudi market

Tue, 17 Feb 2026

ExtraHop, a US-based cybersecurity company and a leader in modern network detection and response (NDR), has announced its expansion into Saudi Arabia following significant international growth, including key expansions and customer wins across Europe, Middle East and Asia Pacific.

IT & Telecommunications

stc group revenues jump to historic high of $20.75bn; net profit up 12.5%

Tue, 17 Feb 2026

stc group recorded the highest revenues in its history of SAR77.8 billion ($20.75 billion) in 2025, reflecting a 2.5% increase compared to the previous year. Net profit rose by 12.5% after excluding non-recurring items, demonstrating the strength of the group’s business model and the continued execution of its sustainable growth strategy, the company said.

IT & Telecommunications

Adani plans $100bn investment to build green energy-powered AI data centres

Tue, 17 Feb 2026

India's top business conglomerate Adani Group has announced plans to invest $100 billion over the next decade to build renewable energy-powered, artificial intelligence (AI)-ready data centers in a move designed to position India as a global leader in the digital transformation race.

IT & Telecommunications

Saudi Venture Capital unveils proprietary intelligence platform

Mon, 16 Feb 2026

Saudi Venture Capital Company (SVC) has announced the launch of its proprietary intelligence platform, Aian, developed in-house using Saudi national expertise to enhance its institutional role in developing the kingdom’s private capital ecosystem.

IT & Telecommunications

Ericsson and specialized by stc sign MoU to advance mission critical connectivity

Fri, 13 Feb 2026

Ericsson and specialized by stc have announced the signing of a memorandum of understanding (MoU) to accelerate the development of advanced mission critical communication capabilities that support Saudi Arabia’s national public safety ecosystem.

IT & Telecommunications

Aramco signs deal with Microsoft to advance industrial AI, digital transformation

Fri, 13 Feb 2026

Aramco, one of the world’s leading integrated energy and chemicals companies, and Microsoft have signed a non-binding memorandum of understanding (MoU) to help Aramco explore a series of digital initiatives designed to accelerate industrial artificial intelligence (AI) adoption.

IT & Telecommunications

Luma AI plans to open new Saudi office to accelerate HUMAIN Create

Fri, 13 Feb 2026

Luma AI, the frontier artificial intelligence company building multimodal AGI, has announced plans to open a dedicated office in Riyadh, Saudi Arabia, marking a significant expansion of its presence in the Middle East and furthering the acceleration of HUMAIN Create.