{"id":85198,"date":"2025-11-26T00:00:00","date_gmt":"2025-11-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/indian-ai-firm-inks-usd-3-mn-gcc-deal-with-saudi-partner\/"},"modified":"2025-11-26T00:00:00","modified_gmt":"2025-11-26T00:00:00","slug":"indian-ai-firm-inks-usd-3-mn-gcc-deal-with-saudi-partner","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/26\/indian-ai-firm-inks-usd-3-mn-gcc-deal-with-saudi-partner\/","title":{"rendered":"Indian AI firm inks USD 3 mn GCC deal with Saudi partner"},"content":{"rendered":"

Hyderabad<\/strong>-based <\/strong>RNIT AI Solutions<\/a><\/strong> has signed a USD 3 mn partnership with Saudi <\/strong>Arabia\u2019s <\/strong>Ajnihat Alnajah Group<\/a><\/strong>, marking its first major step into the Gulf region\u2019s technology market, as per a disclosure<\/a> to the bourse. While the company has not disclosed product details, Ajnihat Alnajah\u2019s local networks are expected to support market access as RNIT AI targets enterprise and government clients across Saudi Arabia and neighboring Gulf states. The GCC, particularly Saudi Arabia, has emerged as a major AI investment hub, giving Indian tech firms a growing runway for cross-border partnerships. <\/p>\n

\n

TECH-<\/p>\n

Bengaluru<\/strong>-based <\/strong>CloudSEK<\/a><\/strong> has inked a USD 3 mn strategic tie-up with the <\/strong>UAE\u2019s<\/strong> Seed<\/a><\/strong>Group<\/a><\/strong> to strengthen the UAE\u2019s cyber-risk infrastructure, it said in a press release<\/a>. CloudSEK\u2019s AI-driven threat-intelligence platform, used for external-surface monitoring, brand protection, and supply-chain security, will be offered to GCC clients amid rising regional cyberattacks. <\/p>\n

\n

REAL ESTATE-<\/p>\n

UAE<\/strong>-based <\/strong>Damac Group<\/a><\/strong> has launched its new global services arm, Damac Shared <\/strong>Services India<\/strong>, and opened a global capability center in Noida as part of a wider India expansion, Economic Times<\/a> writes. The Noida center will scale to more than 250 employees, with a second center planned in Pune by 2026 with over 100 staff. Damac aims to build \u201chigh-performing teams\u201d in India to support its global operations and services.<\/p>\n

\n

TELECOM-<\/p>\n

US<\/strong> tech giants push back against Indian telcos:<\/strong> Apple, Amazon, Cisco, Meta, HP, and Intel have jointly opposed Reliance Jio and Vodafone Idea\u2019s demand to earmark the 6 GHz band for mobile services, urging India\u2019s telecom regulator to reserve the entire band for Wi-Fi instead, Press Trust of India<\/a> reports. The companies argued that the 6 GHz ecosystem is not technically or commercially ready for mobile use.<\/p>\n

\n

AI-<\/p>\n

Google<\/strong> and venture-capital firm <\/strong>Accel<\/a><\/strong> are launching their first joint investment program <\/strong>in India<\/strong>, with plans to co-invest in at least 10 early-stage AI startups, Reuters<\/a> reports. The two firms will invest up to INR 167 mn (USD 2 mn) per startup, targeting founders building AI products in entertainment, creativity, workplace tools, and coding.<\/p>\n

REMEMBER- <\/strong>Google is planning to invest INR 1.25 tn (USD 15 bn) over the next five years to build an AI data center in the southern state of Andhra Pradesh, its largest India investment to date. <\/p>\n

\n

AVIATION-<\/p>\n

Tata<\/strong> Group-backed Air India will push through a significant service and fleet upgrade in <\/strong>2026<\/strong>, Hindu Businessline<\/a> reports, quoting CEO Campbell Wilson. The upgrade follows the refurbishment of 81% of the airline\u2019s A320 narrow-body fleet. The wider transformation, focused on the Boeing 787s, will see the first fully refurbished 787-8s come in by February 2026. Two-thirds of the fleet will be modernized by end-2026 and the rest by mid-2027.<\/p>\n

Service revamp: <\/strong>The airline is adding improved inflight entertainment, enhanced Wi-Fi, expanded premium economy, and refreshed F&B offerings, alongside new lounges in Delhi and upgrades in San Francisco and New York. <\/p>\n

\n

FINANCE-<\/p>\n

Citigroup\u2019s<\/strong> India unit has more than doubled its asset-backed securities portfolio to <\/strong>nearly USD 1 bn over two years<\/strong> \u2014 hitting its internal target ahead of schedule \u2014 as it steps up purchases of pass-through certificates to increase market liquidity, Bloomberg<\/a> reports. The bank expects more growth in 2026 amid a surge in securitization driven by non-bank lenders and rising demand from banks and mutual funds, CEO K. Balasubramanian told the business information service<\/p>\n

\n

LOGISTICS-<\/p>\n

A joint venture between Indian warehouse developer IndoSpace and the Canada Pension <\/strong>Plan Investment Board (CPPIB) has acquired six industrial and logistics parks <\/strong>for INR 30 bn (USD 336.26 mn), Reuters<\/a> reports. CPPIB, which established the venture in 2017 and is the majority owner, committed INR 14 bn to fund the acquisition of these assets, which are strategically located across key Indian logistics hubs including Bengaluru, Chennai, Delhi, Mumbai, and Pune.<\/p>\n","protected":false},"excerpt":{"rendered":"

Plus: CloudSEK\u2019s UAE partnership and Damac\u2019s capability centre in Noida<\/p>\n","protected":false},"author":1,"featured_media":85199,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2444],"tags":[2443,2414,2402,2479,2624,2416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-85198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-artificial-intelligence","tag-enterpriseam-india","tag-finance","tag-real-estate","tag-tech","wpautop","entry"],"acf":{"mongo_id":"f8668b11-7dcb-4fda-9e3a-da932d52159a","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/8\/675.jpg","photo_position":"above","homepage_title":"","full_issue_title":"India\u2019s RNIT AI expands into Gulf via USD 3 mn Saudi alliance","related_issue":[85182],"teaser":"Plus: CloudSEK\u2019s UAE partnership and Damac\u2019s capability centre in Noida","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.7a190462-2f14-4dab-a771-69d2ede90dc7.mp3"},"yoast_head":"\nIndian AI firm inks USD 3 mn GCC deal with Saudi partner - MENA India Corridors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/26\/indian-ai-firm-inks-usd-3-mn-gcc-deal-with-saudi-partner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian AI firm inks USD 3 mn GCC deal with Saudi partner\" \/>\n<meta property=\"og:description\" content=\"Plus: CloudSEK\u2019s UAE partnership and Damac\u2019s capability centre in Noida\" 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