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The penultimate day of Leap saw the signing of agreements between local players and tech-powered companies from India, Oman, China, South Korea, and the UAE.
Here’s everything you need to know:
#1- UAE-based cybersecurity firm Rewterz is planning to launch its regional headquarters in Riyadh, according to a press release.
#2- The Transport General Authority (TGA) has revamped its logistics one-stop shop ‘Logisti’in a bid to streamline logistics activities including obtaining relevant licenses, it said in a statement. Some of the services provided by TGA’s online portal will be also offered on Logisti.
ALSO- Saudi Ports Authority Mawani launched a new system dubbed Port Community System (PCS), offering features including a unified single window gateway, document conversion services, real-time visibility and advanced analytics.
#3- Aramco Digital and Intel to launch an Open Radio Access Network (ORAN) Development Center in Saudi, Aramco Digital CEO Tareq Amin said in a post on LinkedIn.
ALSO- The company inked a USD 12.3 mn MoU with Indian tech Company LTIMindtree to establish a new digital and IT services joint venture, LTIMindtree said in a post on LinkedIn.
MEANWHILE- Aramco’s tech arm will jointly work on developing AI technologies including an Arabic large language model — Arabic AI — with South Korean Naver, Korea JoongAng Daily reports.
#4-China’s tech player Honor is set to invest USD 100 mn in the local AI and technology sectors, state news agency SPA reports.
#5- Oman Broadband and Dawiyat Integrated Telecommunications inked an MoU to enhance connectivity between the two countries by developing a fiber optic network, Oman state news agency reports.
#6- Local IT company Watad inked an MoU with UAE-based Stellaria to provide space and satellite solutions, it said in a post on X.
