LEAP 2025 sees flurry of infrastructure announcements

Redington has operated in the Kingdom for 24 years. Redington
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Updated 11 February 2025
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LEAP 2025 sees flurry of infrastructure announcements

RIYADH: Saudi Arabia’s premier technology event, LEAP 2025, has showcased major investment announcements and strategic collaborations, further cementing the Kingdom’s position as a regional hub for digital transformation.

From large-scale infrastructure projects to artificial intelligence-driven innovations, companies have unveiled commitments that align with the nation’s Vision 2030’s push for technological advancement. 

Redington Commits $533.3m to Saudi expansion 

Redington, a global technology aggregator, announced an SR2 billion ($533.3 million) investment over the next decade to strengthen its presence in Saudi Arabia. 

The funds, sourced from internal accruals, will be used to establish a new headquarters, a smart distribution center, and talent development initiatives. 

The firm, which has operated in the Kingdom for 24 years, delivered $1.5 billion worth of technology in 2024 alone. 

Viswanath Pallasena, the company’s CEO for the Middle East and Africa, said: “We are wholeheartedly committed to Saudi Vision 2030, where technology is a key component to all its three pillars — a vibrant society, a thriving economy, and an ambitious nation. We’re truly dedicated to playing an active role in bringing its transformative goals to life.” 

PIF’s SEVEN and TAWAL to develop digital infrastructure for entertainment destinations 




The partnership was signed by Abdulrahman Al-Ali, chief information technology officer at SEVEN, and Mohammed Al-Haqbani, CEO of TAWAL. SEVEN

Saudi Entertainment Ventures, also known as SEVEN, a subsidiary of Qiddiya Investment Co. backed by the Public Investment Fund, signed a strategic agreement with TAWAL, a Saudi telecommunications infrastructure firm, to establish neutral digital infrastructure across its 21 entertainment destinations. 

The partnership includes the development of internal and external telecom infrastructure featuring indoor coverage systems, multi-band antenna distribution, and neutral communication towers. 

The goal is to enhance 4G and 5G connectivity, support Internet-of-Things applications, and enable advanced digital services for visitors. 

“This partnership marks a significant step in advancing the digital infrastructure of our entertainment destinations, enabling exceptional and seamless experiences for our visitors,” said Abdulrahman Al-Ali, chief information officer at SEVEN. 

Qualcomm and Aramco Digital unveil AI-enabled industrial 5G smartphones 

Qualcomm Technologies and Aramco Digital announced a collaboration to develop the world’s first AI-enabled industrial 5G smartphones with native support for the 450-megahertz spectrum. 

The 450MHz spectrum is a low-frequency band known for its long-range coverage and strong signal penetration, making it ideal for industrial and rural connectivity. It supports IoT, machine-to-machine communication, and private 5G networks, particularly in energy, utilities, and remote operations. 

These devices, powered by Qualcomm’s QCM8550 and QCM6490 processors, will be designed for industrial applications, providing advanced connectivity and data transfer capabilities. 

“At Aramco Digital, we are committed to pushing the boundaries of technological innovation,” said Eid Al-Harbi, connectivity president at Aramco Digital. “By utilizing cutting-edge 5G and AI technologies, we are enabling smarter, more sustainable industry that aligns with the Kingdom’s Vision 2030 and beyond.” 

IBM and Lenovo expand AI collaboration in Saudi Arabia 




Ayman Al-Rashed, regional vice president, IBM Saudi Arabia and Giovanni Di Filippo, president of EMEA, Lenovo, at LEAP 2025. IBM

IBM and Lenovo announced an expansion of their technology partnership to accelerate generative AI adoption in the Kingdom. 

The collaboration will integrate IBM’s watsonx AI portfolio, including the Saudi Data and Artificial Intelligence Authority’s open-source Arabic Large Language Model, with Lenovo’s infrastructure. 

The initiative is expected to help Saudi businesses and government agencies enhance AI-driven decision-making in areas such as fraud detection, public safety, and IT operations. 

Giovanni Di Filippo, president of EMEA Infrastructure Solutions Group at Lenovo, emphasized the significance of the partnership, and said: “We’re pleased to deepen our partnership to bring IBM’s fit-for-purpose generative AI offerings together with Lenovo’s infrastructure solutions to provide customers in Saudi Arabia with solutions designed to meet their unique needs.” 

EDGNEX to deploy 500MW of data center capacity by 2030 

EDGNEX, the digital infrastructure arm of DAMAC Group, revealed plans to roll out 500 megawatts of data center capacity across the Kingdom by 2030, targeting AI and cloud computing demands. 

With existing operations in Riyadh and Dammam, EDGNEX aims to expand its Saudi footprint while engaging local vendors and creating high-value technology and engineering jobs. 

The company’s broader portfolio spans 10 countries, with a projected capacity exceeding 1000MW. 


Arab food and beverage sector draws $22bn in foreign investment over 2 decades: Dhaman 

Updated 28 December 2025
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Arab food and beverage sector draws $22bn in foreign investment over 2 decades: Dhaman 

JEDDAH: Foreign investors committed about $22 billion to the Arab region’s food and beverage sector over the past two decades, backing 516 projects that generated roughly 93,000 jobs, according to a new sectoral report. 

In its third food and beverage industry study for 2025, the Arab Investment and Export Credit Guarantee Corp., known as Dhaman, said the bulk of investment flowed to a handful of markets. Egypt, Saudi Arabia, the UAE, Morocco and Qatar attracted 421 projects — about 82 percent of the total — with capital expenditure exceeding $17 billion, or nearly four-fifths of overall investment. 

Projects in those five countries accounted for around 71,000 jobs, representing 76 percent of total employment created by foreign direct investment in the sector over the 2003–2024 period, the report said, according to figures carried by the Kuwait News Agency. 

“The US has been the region's top food and beverage investor over the past 22 years with 74 projects or 14 projects of the total, and Capex of approximately $4 billion or 18 percent of the total, creating more than 14,000 jobs,” KUNA reported. 

Investment was also concentrated among a small group of multinational players. The sector’s top 10 foreign investors accounted for roughly 15 percent of projects, 32 percent of capital expenditure and 29 percent of newly created jobs.  

Swiss food group Nestlé led in project count with 14 initiatives, while Ukrainian agribusiness firm NIBULON topped capital spending and job creation, investing $2 billion and generating around 6,000 jobs. 

At the inter-Arab investment level, the report noted that 12 Arab countries invested in 108 projects, accounting for about 21 percent of total FDI projects in the sector over the past 22 years. These initiatives, carried out by 65 companies, involved $6.5 billion in capital expenditure, representing 30 percent of total FDI, and generated nearly 28,000 jobs. 

The UAE led inter-Arab investments, accounting for 45 percent of total projects and 58 percent of total capital expenditure, the report added, according to KUNA. 

The report also noted that the UAE, Saudi Arabia, Egypt, and Qatar topped the Arab ranking as the most attractive countries for investment in the sector in 2024, followed by Oman, Bahrain, Algeria, Morocco, and Kuwait. 

Looking ahead, Dhaman expects consumer demand to continue rising. Food and non-alcoholic beverage sales across 16 Arab countries are projected to increase 8.6 percent to more than $430 billion by the end of 2025, equivalent to 4.2 percent of global sales, before exceeding $560 billion by 2029. 

Sales are expected to remain highly concentrated geographically, with Egypt, Saudi Arabia, Algeria, the UAE and Iraq accounting for about 77 percent of the regional total. By product category, meat and poultry are forecast to lead with sales of about $106 billion, followed by cereals, pasta and baked goods at roughly $63 billion. 

Average annual per capita spending on food and non-alcoholic beverages in the region is projected to rise 7.2 percent to more than $1,845 by the end of 2025, approaching the global average, and to reach about $2,255 by 2029. Household spending on these products is expected to represent 25.8 percent of total expenditure in 13 Arab countries, above the global average of 24.2 percent. 

Arab external trade in food and beverages grew more than 15 percent in 2024 to $195 billion, with exports rising 18 percent to $56 billion and imports increasing 14 percent to $139 billion. Brazil was the largest foreign supplier to the region, exporting $16.5 billion worth of products, while Saudi Arabia ranked as the top Arab exporter at $6.6 billion.