Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Dubai-based fintech startup Ziina has raised $22 million in a Series A funding round to accelerate its growth and expand product offerings. The company, known for its innovative payment solutions, plans to use the funds to develop new features and explore market expansion in the UAE and beyond.
IFS will showcase its AI-powered cloud and asset management solutions at the World Utilities Congress 2023 in Abu Dhabi. Highlighting innovation and operational efficiency, IFS aims to empower utility companies to optimize performance and address sector challenges, supporting their journey toward net-zero targets.
Zain has been awarded the Best Corporate Governance Award 2024 for Kuwait by World Finance for the fourth consecutive year. This recognition highlights Zain’s commitment to transparency, compliance, and ethical standards, reinforcing its reputation as a leader in corporate governance and sustainable growth.
New research by Strategy& Middle East reveals that Generative AI could significantly transform key sectors in Saudi Arabia, such as telecom, media, and technology, driving substantial profit margin increases by 2028. Early adopters of GenAI stand to gain a decisive competitive edge through innovation and operational efficiency.
During the Esports World Cup (EWC), stc revolutionized the gaming experience through its platforms, stc play and stc tv, providing real-time updates, interactive features, and extensive event coverage. The company’s innovative approach reshaped fan engagement and supported Saudi Arabia’s emergence as a global gaming hub.
Tarabut, the MENA region’s largest open banking platform, has acquired UK-based Vyne, enhancing its real-time payment capabilities. This acquisition enables Tarabut to expand its reach and offer seamless, account-to-account payments across the region, starting in Bahrain and soon in Saudi Arabia and the UAE.
Jaffer Group has completed Pakistan’s second-largest RISE with SAP implementation in just eight months, enhancing operational efficiency and digital infrastructure across its 14 companies. This partnership underscores Jaffer Group’s commitment to innovation, supported by SAP and JBS Consulting.
Orange Jordan, as the exclusive telecommunications partner, sponsored SOFEX 2024, providing 5G and Wi-Fi services for the event. The partnership strengthens defense technology through advanced digital infrastructure. Orange’s booth showcased innovations, including the MARS-JO Rover, reflecting their ongoing support for Jordan’s technological and defense sectors.
This service allows customers to make purchases and pay in installments over time, providing a hassle-free shopping experience.
This collaboration is set to strengthen the UAE’s burgeoning Web3 ecosystem, aligning with Abu Dhabi’s Economic Vision 2030.