10:26 AM EDT, 09/09/2026 (MT Newswires) -- Edarat Communication and Information Technology's (SASE:9557) board greenlit an investment of up to 150 million Saudi riyals to expand the technology services company's EdaratCloud Stack offering. The funds will be utilized for purchase orders and/or contracts aimed at expanding Edarat's graphics processing unit computing capacity, in line with the anticipated demand for artificial intelligence and high-performance computing services in Saudi Arabia, according to a Wednesday filing.

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