Press Release
ZainTECH secures commercial license in Saudi Arabia, paving the way to set up regional head offices in the Kingdom
- Attaining ‘national entity’ status empowers ZainTECH to scale its advanced solutions across key sectors of digital IoT, cybersecurity, drones, AI, and cloud services
- Reinforces company’s commitment to Vision 2030 of driving innovation, strategic partnerships, and investment in local talent and digital infrastructure
Riyadh, KSA, 17th April 2025, ZainTECH, the integrated digital solutions provider of Zain Group, has achieved a significant milestone in its regional expansion strategy by securing a commercial license in Saudi Arabia that will pave the way for the entity to set up its regional offices in the Kingdom. This transition from an investment license to a full national entity status cements ZainTECH’s long-term commitment to the Kingdom, allowing it to scale its advanced technology solutions across key sectors such as digital IoT, cybersecurity, drones, AI, and cloud services.
The strategic move underscores ZainTECH’s deep commitment to Saudi Arabia’s digital transformation ambitions, fully aligning with Vision 2030. By strengthening its local presence, the company is poised to forge stronger collaborations, drive meaningful innovation, and provide tailor-made solutions that address the evolving needs of businesses and government entities in the Kingdom.
Andrew Hanna, CEO of ZainTECH, said: “Saudi Arabia is a vital market for us, and securing national entity status marks a defining moment in our growth journey. This step facilitates the opening of our regional offices and will allow us to operate with greater agility, contribute to the Kingdom’s digital economy, and reinforce our mission to deliver world-class technology solutions that empower businesses and government bodies to better serve the dynamic and digitally savvy local community.”
As part of ZainTECH’s expansion to the Saudi market, the company is actively exploring strategic partnerships with both public and private sector organizations to accelerate the adoption of next-generation solutions that enhance efficiency, security, innovation and business resilience. This expansion is also set to create new opportunities for local talent, strengthen the Kingdom’s digital infrastructure, and accelerate the adoption of emerging technologies across industries.
The commercial license comes on the back of ZainTECH’s recent participation at LEAP 25 whereby the company announced a multitude of agreements with local entities including: King Khalid University that aims to revolutionize digital education in the Kingdom; with both Najm Insurance Group and Diamond Policy and its SHAHIN Platform to drive digital transformation, cybersecurity and technological advancements in KSA’s insurance sector; as well as with Leejam Sports to drive the future of digital fitness in the Kingdom and beyond.
By deepening its footprint in Saudi Arabia, ZainTECH is doubling down on its investment in cutting-edge digital services, reinforcing its role as a key player in the region’s technological evolution. With a focus on AI-driven solutions, cloud advancements, and enterprise security, the company is well-positioned to support the Kingdom’s vision for a sustainable, technology-driven economy.
About ZainTECH
ZainTECH is a regional integrated digital solutions provider, unifying Zain Group’s ICT assets to offer a unique value proposition of comprehensive digital solutions and services under one roof. The company is positioned to drive the transformation of enterprise and government customers in the MENA region by providing a center of excellence and managed solutions across the ICT stack, including cloud, cybersecurity, modern infrastructure, big data, IoT, AI, smart cities, drones and robotics, and emerging technologies.
ZainTECH leverages Zain’s global reach, unique regional footprint, and infrastructure across its operations in Kuwait, Saudi Arabia, Bahrain, Jordan, Iraq, and the United Arab Emirates, as well as in other key markets in the Middle East.
ZainTECH forms a key pillar in the evolution of Zain’s core telecom business to maximize value and build on the company’s many strengths to selectively create and invest in growth verticals beyond standard mobile services. This ultimately supports Zain’s vision of becoming a leading ICT and digital lifestyle provider.
For more information, please visit www.zaintech.com For more information, please visit www.zaintech.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
SparkChain AI Raises $10M in Funding Round Led by OakStone Ventures
SparkChain AI Raises $10.8M in Funding Round Led by OakStone Ventures to Accelerate Infrastructure Growth, Real-Time AI Optimization, and Strategic Partnerships Ahead of Solana Launch.
SparkChain AI, a pioneer in the Decentralized Physical Infrastructure (DePIN) space, has successfully raised $10.8 million in a strategic funding round led by OakStone Ventures. The capital will be used to scale SparkChain’s decentralized AI compute network, enhance real-time AI processing capabilities, and build key partnerships—solidifying its position as a foundational infrastructure layer for Solana and the broader Web3 ecosystem.

Tackling the AI Compute Bottleneck
As AI adoption accelerates, demand for scalable, cost-effective compute power has outgrown the capabilities of centralized cloud providers. High costs, latency, and centralization risks have become major bottlenecks to innovation.
SparkChain AI offers a new paradigm: a decentralized compute layer powered by its Sovereign Data Rollup architecture. By leveraging idle bandwidth and unused computing resources across a global network, SparkChain significantly reduces infrastructure costs and democratizes access to AI compute—enabling developers, researchers, and enterprises to build faster and cheaper.
“AI is the new electricity—but only if the infrastructure is open and scalable,” said Ethan Cole, Co-Founder and CEO of SparkChain AI. “This funding enables us to accelerate our mission of unlocking real-time, decentralized AI for everyone.”
Investor Confidence in the Future of DePIN
The funding round signals growing institutional belief in the future of DePIN and decentralized AI infrastructure.
“Centralized cloud solutions are no longer adequate for the scale AI requires,” said Michelle Royston, General Partner at OakStone Ventures. “SparkChain AI is building the infrastructure for intelligent, decentralized networks where every participant can contribute and benefit. We’re excited to back this movement.”
SparkChain’s model aligns with rising trends in data sovereignty, modular blockchains, and edge AI—crucial elements for the next generation of decentralized applications.
About SparkChain AI
SparkChain AI is an AI-powered DePIN (Decentralized Physical Infrastructure Network) rollup that transforms underutilized internet bandwidth and idle compute resources into a globally distributed AI supercluster. Through its proprietary Sovereign Data Rollup architecture, SparkChain AI orchestrates:
Permissionless Participation: Any individual or organization can run a SparkChain node—whether it’s a home router, edge device, or data center instance—and earn $SPARK tokens by contributing bandwidth and CPU/GPU cycles.
Scalable AI Services: By pooling these decentralized resources, SparkChain delivers cost-effective, high-throughput compute for tasks like model training, real-time inference, data labeling, and synthetic data generation.
Low-Latency Processing: Advanced task-scheduling protocols and dynamic bandwidth allocation ensure sub-second response times, making live computer vision, on-device ML, and interactive AI applications possible at scale.
Censorship Resistance & Data Sovereignty: Built natively on Solana (with plans for multi-chain support), SparkChain’s architecture eliminates single points of failure and grants contributors governance rights—via on-chain staking and voting—to steer protocol upgrades and network policies.
By aligning incentives between resource providers and AI developers, SparkChain AI creates a transparent, community-governed compute layer that lowers barriers to entry, democratizes access to high-performance AI, and underpins the next generation of Web3 applications.
Media Contact
Organization: SparkChain AI
Contact Person: Brian Jodice
Website: https://sparkchain.ai
Email: Send Email
City: Sheridan
State: Wyoming
Country:United States
Release id:29334
The post SparkChain AI Raises $10M in Funding Round Led by OakStone Ventures appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Press Release
Drug-Free Tennessee Helps Youth in Ripley Tackle the Truth About Drugs
Nashville, TN, 18th June 2025, ZEX PR WIRE, This past weekend, youth attending a local football camp in Ripley got more than just practice on the field—they received life-changing information that could help them avoid dangerous pitfalls in the future. Volunteers from Drug-Free Tennessee were on hand to educate young athletes about the realities of substance abuse, delivering powerful prevention materials from the Truth About Drugs program.
Each participant at the camp received a full set of educational booklets detailing the harmful effects of various commonly abused substances—from marijuana and alcohol to fentanyl and prescription drugs. The booklets are part of a nationwide campaign to empower young people with factual, engaging, and age-appropriate information so they can make informed choices and resist peer pressure.
“The goal is to reach kids before the dealers do,” said Julie Brinker, Ambassador for Drug-Free Tennessee. “By giving them the facts in a way that’s easy to understand, they’re more likely to say no when someone offers them something dangerous.”
At the close of the event, each youth took a personal pledge to live a drug-free life, signing a poster to mark their commitment. The pledge served not only as a reminder of the day’s lessons but as a promise to themselves, their families, and their teammates to stay healthy and focused on a brighter future.
Drug-Free Tennessee works year-round to bring drug education and prevention to communities across the state through school programs, community events, and partnerships with youth groups. The group utilizes the Truth About Drugs program developed by Foundation for a Drug-Free World, a nonprofit organization that has distributed millions of booklets globally.
For more information or to request materials or a presentation, visit www.drugfreetn.org.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
THAIFEX – ANUGA ASIA 2025 Opens with Global Significance Commerce Minister “Pichai” Leads Welcome for Buyers from 140 Countries
Bangkok, Thailand, 18th June 2025, ZEX PR WIRE, On 27 May 2025, at IMPACT Exhibition and Convention Centre, Muang Thong Thani, Mr. Pichai Naripthaphan, Minister of Commerce, presided over the official opening of THAIFEX – ANUGA ASIA 2025, Asia’s leading food and beverage trade show. The event offers a unique opportunity for businesses to explore cutting-edge food innovations from around the world, engage in trade negotiations, and reaffirm Thailand’s position as a global leader in the food industry under the “Thai Kitchen to the World” policy. The show is jointly organized by the Department of International Trade Promotion (DITP) of Ministry of Commerce, Thai Chamber of Commerce, and Koelnmesse Germany.
Mr.Pichai Naripthaphan, Minister of Commerce stated that Thailand has long been globally recognized for its strengths in the food industry—from the abundance and diversity of raw materials to its rich natural resources and unique culinary culture. With these advantages, the government has continuously driven forward the “Thai Kitchen to the World” policy to elevate the quality of Thai food to international standards. As a result, in 2024, Thailand was ranked as the 12th largest food exporter in the world, and the country’s export value in 2025 is projected to reach 1.75 trillion baht, representing a 6.8% increase from the previous year.
THAIFEX – ANUGA ASIA serves as a key mechanism through which the Ministry of Commerce drives the development of Thailand’s food industry. Recognized as the fourth largest food and beverage trade show in the world, the event provides a vital platform for Thai food businesses of all sizes—from SMEs and startups to major corporations—to engage in trade negotiations, build international business partnerships, and expand their export opportunities in a tangible and impactful way.
This year’s edition of THAIFEX – ANUGA ASIA has expanded significantly in both scale and participation. Over 3,200 companies from Thailand and 56 other countries are showcasing their products across more than 6,200 booths, covering every major segment of the food industry—from agricultural products and processed foods to food technologies and related innovations. The event is expected to welcome more than 90,000 trade visitors from 140 countries throughout the trade days, generating a projected trade value of over 98 billion baht, both in immediate orders and within one year following the event.
“The success of this event and the continued growth of the food industry clearly reflect Thailand’s potential to become a global hub for the food business and a trusted food reserve for the world,” said Mr. Pichai. “Thailand is well-equipped on all fronts—with world-class infrastructure, a strong business network, and steadfast government support. These elements play a vital role in building international confidence and positioning Thailand as a future global center for service industries.”
THAIFEX – ANUGA ASIA 2025 will host trade days from 27–30 May 2025, from 10.00-18.00 hrs. and will open for both trade and public visitors on 31 May 2025, from 10.00-20.00 hrs. The event will take place at IMPACT Challenger Hall 1–3 and IMPACT Exhibition Center Hall 5–12, IMPACT Muang Thong Thani.
In addition to a comprehensive showcase of food and beverage products across all categories, the event features special exhibitions, seminars, and curated activities designed to update attendees on the latest food trends, shifting consumer demands, and other valuable industry insights—creating a fresh, forward-looking experience that supports business growth and long-term success.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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