Salam discusses Saudi Arabia’s journey toward becoming an AI infrastructure destination through connectivity, cloud, data centres and enterprise technology adoption.
Tahaluf Al Emarat partners with Dell Technologies to develop AI-powered smart city and public safety solutions using edge computing and intelligent technologies across UAE.
Analysts warn Gulf investors should carefully evaluate AI infrastructure investments as billions flow into data centres and computing while long term financial returns remain uncertain.
iTANZ Technologies Limited has approved an investment of Rs4.34 billion to acquire a 51 percent stake in Australia based ITANZ Infinity Pty Ltd over a five year settlement period.
Ijara Capital Partners Limited and S2 have launched a PKR 1 billion closed end venture capital fund to invest in technology driven businesses in and beyond Pakistan, strengthening the regional tech ecosystem.
Symmetry Group Limited announces an investment plan exceeding Rs1.25 billion to expand its artificial intelligence, digital, and technology operations through local and international acquisitions.
Chakwal Spinning Mills Limited (CLOUD) has signed a term sheet with PNO Capital Limited for a Rs. 7.784 billion investment to launch data center and cloud operations in Pakistan. This initiative aims to tap into the growing IT sector and contribute to the country’s economic development.