Investment to redefine AI-driven industrial transformation in MENA
During GITEX Global 2025, Magna AI, a global full-value-chain AI Transformation Factory being established in partnership with Trend Micro and Wistron Digital Technology Holding Company (WDH), powered by next-gen NVIDIA technologies, announced plans for a US$ 300mn strategic alliance with TechnoVal, an SAP Gold Partner and leading regional enabler of digital transformation solutions.
The two companies signed a Memorandum of Understanding (MoU) during GITEX Global 2025 in Dubai, marking one of the most ambitious AI-driven industrial transformation initiatives in the MENA region and laying the foundation that will further define and operationalize the $300 million strategic alliance.
The initiative aims to help enterprises and governments across the Middle East, Africa, and beyond to become more efficient, secure, and sustainable, combining Magna AI’s global expertise in artificial intelligence, cloud computing, and cybersecurity with TechnoVal’s deep regional experience in enterprise systems, ERP, and managed services.
Cloud Data Centre
The partnership is expected to include the development of a joint AI and Cloud Data Centre in Saudi Arabia and across the broader MENA region. This sovereign-ready innovation hub will support both public and private sector workloads, becoming a trusted platform for cross-border AI computing, data governance, and enterprise-grade performance, enabling governments and organizations to scale AI adoption securely and responsibly.
Beyond these conglomerates, the partners plan to extend the initiative to the wider ecosystem, including public sector, finance, energy, healthcare, construction, and smart cities, laying the groundwork for a new era of intelligent industrialization in the region.
Global AI power
“This alliance represents the fusion of global AI power with regional excellence. Together with TechnoVal, we are building the architecture of an AI-enabled economy, one that prioritizes sovereignty, security, and sustainable impact across nations and industries,” noted Dr. Moataz BinAli, Chief Executive Officer, Magna AI.
“At TechnoVal, innovation has always been at the heart of our growth story. Partnering with Magna AI allows us to lead the next industrial evolution, enabling our clients and parent groups to achieve measurable business outcomes powered by intelligence, automation, and insight,” asserted Basim Ibrahim Hayel Saeed, Chairman, TechnoVal.
