AI-

Magna AI X TechnoVal alliance: Home-grown TechnoVal signed a USD 300 mn MoU with Magna AI during GITEX Global 2025 in Dubai to advance AI-driven industrial transformation across the Mena region, according to a press release published yesterday. The partnership includes plans to build a joint AI and cloud data center in the Kingdom to support both public and private sector workloads.

About TechnoVal: Founded in 2020, TechnoVal is a SAP gold partner and digital solutions provider specializing in enterprise systems, cloud services, and managed IT operations. The company supports clients across sectors such as manufacturing, energy, and finance, helping businesses modernize processes and integrate intelligent technologies across their operations, according to its website.

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TELECOM-

STC Group partners with Telefónica Global Solutions (TGS) to deliver satellite communication services across low, medium, and geostationary Earth orbits, according to a press release published yesterday. The collaboration focuses on developing advanced satellite connectivity solutions to support key sectors including maritime operations, aviation, emergency services, and remote area connectivity in the Kingdom, the Middle East, and global markets.

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