EY launched Studio+ in Mena at its regional headquarters in King Abdullah Financial District (KAFD), Riyadh. A globally integrated offering, it brings together over 200 regional specialists in design, sales and customer experience, with direct access to a global network of over 7,000 professionals.
Digital City Bahrain has signed up Brewer Smith Brewer Group as the design architect and lead consultant for Trio Park, the first phase of the key project coming up at the Beyon Campus in Hamala. It boasts three circular buildings of 39,000 sq m GFA with private internal courtyards as well as retail and F&B space.
Network International (Network), a leading fintech company across the Middle East and Africa, has appointed Ashish Jain as its Group Chief Financial Officer (CFO).
HUMAIN, a Saudi Public Investment Fund (PIF) Company, and the National Infrastructure Fund (Infra) have announced a Strategic Financing Framework Agreement of up to $1.2 billion to support the expansion of AI and digital infrastructure projects in Saudi Arabia.
Saudi Arabia's Ministry of Economy and Planning has announced plans to launch an AI-enabled matchmaking partnership network, SUSTAIN, mainly designed to strengthen cross-sector collaboration and accelerate the delivery of sustainable development initiatives in the kingdom.
Global technology group e& and IBM today announced a strategic collaboration to advance towards an enterprise-grade agentic AI foundation at e&, starting with policy, risk, and compliance.
stc Bahrain, a digital enabler, has announced its partnership with CFI, a leading online trading provider in the region, to provide advanced ICT solutions and connectivity services.
ITC Infotech, a leading global technology services provider, has announced the inauguration of its Digital & AI Engineering Hub in Riyadh, as the company completes 15 years of operations in the Middle East.
OpenText, a global leader in secure information management for AI, and one of Canada’s leading technology companies, has opened its Middle East regional headquarters in Riyadh, underscoring the company’s long-term commitment to Saudi Arabia and the region’s accelerating digital economy.
Worldwide spending on artificial intelligence (AI) is forecast to hit $2.52 trillion in 2026, up 44% over last year, said a report. The AI infrastructure is driving this boom; adding a whopping $401 billion in expenditure as technology providers continue to build out AI foundations.