Latest news with #Leap2025
CairoScene
03-03-2025
- Business
- CairoScene
Saudi Gaming Studio Lobah Secures $12M From Social Development Bank
Lobah recently released a platform that allows users to publish, network and monetise their games on a public platform. Mar 03, 2025 Saudi Arabian gaming studio Lobah has raised $12 million from the Social Development Bank (SDB), as announced by the bank during Leap 2025 in Riyadh. The initiative is part of Saudi Arabia's strategy of expanding the Kingdom's national gaming and esports strategy. Lobah is a Saudi Arabian gaming studio with over 14 years of experience in the market. The company's co-founder, Eisa Atawi, also established MAU Games more than a decade ago. In January, Lobah released a sub-branch of its company, titled Lobah Play, which allows users to publish, network and monetise their games on a public platform. Lobah Play's first game, 'Habhab', has already been released, with other games such as 'Kingdom of Letters' and 'Jackaroo' in development. The Social Development Bank is intending to increase its total gaming portfolio to $122 million, including $6.7 million for Virtual Reality Solutions Company.
Muscat Daily
10-02-2025
- Business
- Muscat Daily
Omani tech firms sign RO4.5mn pacts in Saudi Arabia
By OUR CORRESPONDENT Muscat – Omani technology companies signed nine agreements worth a total of RO4.5mn with international firms during their participation in the 'Leap 2025' technology conference in Riyadh, Saudi Arabia, on Monday. The deals highlight Oman's growing role in the regional tech ecosystem. Among the agreements, Global Semiconductor Microelectronics (GSME), an Omani-US partnership, signed a deal valued at RO3.85mn with Saudi firm e-Photonics. The collaboration focuses on semiconductors, electronics, and 3D computer vision solutions, aiming to enhance knowledge exchange, research, and services. DataMining, an Omani company specialising in artificial intelligence and programming, signed an agreement worth RO380,000 with Saudi-based AlJazeera Falcons. The partnership will focus on developing and producing electronic products tailored to the Saudi market. Within the ITHCA Group, Mubashir, a provider of advertising screen solutions, entered into a RO380,000 agreement with Oman Oil Marketing Company (OOMCO) in Saudi Arabia. The deal aims to expand digital advertising capabilities in the region. Additionally, OSOS, another ITHCA Group company, signed six agreements with international firms to offer software solutions, artificial intelligence applications, cloud systems, and technical support. The agreements reflect Oman's commitment to advancing its technology sector and strengthening cross-border partnerships to drive innovation and market expansion.
Tahawul Tech
10-02-2025
- Business
- Tahawul Tech
AMD participates at Leap 2025 and opens KSA branch office in Riyadh
AMD, the high performance and adaptive computing leader, will participate at Leap 2025 to demonstrate its leadership performance data centre and AI portfolio alongside Hewlett Packard Enterprise (HPE). Furthermore, AMD has now opened a branch office in Riyadh to better support customers and partners in the Kingdom of Saudi Arabia (KSA). 'Saudi Arabia is one of the world's fastest-growing technology marketplaces and Leap 2025 serves as an ideal opportunity to showcase our leading-edge technologies and innovative solutions for the HPC and Enterprise markets', said Zaid Ghattas, META Regional Lead, AMD. 'Establishing an official presence in the Kingdom underlines the growing importance of the Kingdom and we are excited about the opportunities this will bring'. At Leap 2025, AMD and HPE will demonstrate a range of solutions to support the high-performance computing (HPC) and AI needs of enterprise customers. The technology demos planned at the show include: HPE Private Cloud solutions for Enterprise and AI leveraging AMD 4 th and 5 th Gen EPYC™ CPUs. Data storage and analytics Solution supported by AMD EPYC Embedded CPUs. High Performance and Mission Critical Solutions powered by AMD Instinct™ MI300A, MI300X and MI325X, with AMD EPYC CPUs. HPE AI solution powered on HPE Compute Portfolio – working on AMD Instinct AI Accelerators and EPYC CPUs. Interactive demo of El Capitan, the world's fastest supercomputer, powered by the AMD Instinct MI300A APU. Furthermore, Phil Guido, Executive Vice President and Chief Commercial Officer, AMD will participate in a panel discussion entitled 'The Executive Lens: Tech and Global Business'. During the session, which takes place on February 9th at 17.45 Arabian Standard Time (AST), panellists will discuss the commercial opportunities KSA offers global technology players and share their experiences of doing business with customers and partners in the Kingdom. The AMD team is located on the HPE Stand (H1.L40) at Leap 2025. Image Credit: AMD
