Bahrain-based international technology group Beyon has recorded solid revenue growth for the first quarter hitting BD119 million ($313 million), up from last year's figure of BD117 million ($307 million), primarily driven by growth in digital services, while its net profit fell 15% to BD15.3 million ($40.6 million).
Ooredoo, a major telecom company, has announced a strong start to 2026, delivering higher profitability and solid earnings momentum in the first quarter.
Cloudsdcs, a global enterprise cloud and cybersecurity specialist with over 20 years of experience, has announced its expansion into Saudi Arabia with support from AstroLabs, the Gulf’s premier business setup and growth platform.
e&, the UAE-headquartered global technology group, reported a strong start to 2026 with a consolidated revenue of AED19.4 billion ($5.28 billion) in the first quarter, reflecting a 15.1 per cent year-on-year (YoY) growth.
Qiddiya Investment Company (QIC), the developer of Qiddiya City, the capital of entertainment, sports, and culture in Saudi Arabia, has announced that it has signed up global technology leader Cisco to power its new smart office HQ through intelligent use of networking, collaboration and indoor navigation.
Lenovo has appointed Salman Abdulghani Faqeeh as Vice President & General Manager, Saudi Arabia, reinforcing the company’s long term commitment to the kingdom as a strategic priority market and regional technology hub.
Meta has signed an agreement to deploy AWS Graviton processors at scale. The deal marks a significant expansion of a long-standing partnership between the two companies as Meta builds its next generation of AI.
Roshn Group, Saudi Arabia's leading multi-asset class real estate developer powered by sovereign wealth fund PIF, has signed an agreement with Dawiyat Integrated Telecom and IT Company, a unit of Saudi Energy, to develop fibre-optic telecommunications infrastructure within its Aldanah community in Dhahran.
Google is planning to invest up to $40 billion in Anthropic, the AI firm confirmed, expanding a long-standing alliance between the two companies. The investment builds on a partnership in which Anthropic will use custom Google chips and cloud computing services to power its technology.
Dubai Integrated Economic Zones Authority has entered into an agreement with Dutch group Volt for setting up an AI-ready data centre facility in Dubai Silicon Oasis. Under this, DIEZ will provide land and core infrastructure, while Volt UAE will be responsible for the development, finance and lead construction of these facilities.
