Mastercard has partnered with Fundbot to enhance B2B payment flows in the UAE and Saudi Arabia, focusing on sectors like healthcare. The collaboration introduces dynamic discount solutions, improving cash flow management for suppliers and reducing operational challenges for buyers. This initiative aims to streamline transactions and foster financial inclusion.
Appknox has launched in Saudi Arabia at Blackhat MEA 2024, introducing AI-driven mobile app security solutions. With a focus on protecting digital ecosystems, Appknox offers comprehensive features including SAST, DAST, and API security, ensuring compliance with Saudi regulations. This expansion supports the Kingdom’s Vision 2030 digital transformation.
Sri Lanka has established a Digital Economy Ministry to advance its digital transformation strategy, aiming to make the country a global digital hub and generate $15 billion in economic value by the end of the decade. The initiative highlights the importance of technology in national development and economic resilience.
Ooredoo Qatar and Doha Bank have partnered to enhance customer experiences and meet growing market demands. The strategic collaboration, formalized through an MoU, will focus on joint initiatives such as employee services, loyalty programs, and customer analytics, bringing innovative services and benefits to their customers across Qatar.
eTrade for Women is expanding its efforts in South Asia with a masterclass focused on empowering women-led digital businesses. The event, held in New Delhi, will bring together 25 female entrepreneurs from across the region to gain insights, skills, and networking opportunities to help grow their businesses.
Morocco’s internet market saw a 6.5% growth in 2024, reaching 42.1 million subscribers with a penetration rate of 112.7%. The mobile phone sector also grew by 5.2%, reaching a 161.3% penetration rate, while the fixed telephone sector maintained growth with a 6.4% increase in subscribers.
Zain concluded its international acceleration phase for the Zain Great Idea (ZGI) program, bringing Kuwaiti entrepreneurs to Silicon Valley for masterclasses, consultations, and field visits to major tech companies like NVIDIA and Google. The program fostered connections, empowering startups with insights and resources to grow in the global market.
Orange Jordan won the “Digital Skills Development” award at MENA ICT Forum 2024 for its efforts in spreading digital education across the Kingdom. With over 27,000 participants, the company’s initiatives have fostered digital skills development, empowering individuals to join the labor market or start their own ventures in the ICT sector.
Iraq’s Prime Minister, Mohammed Shia Al-Sudani, met with Deemah AlYahya, Secretary-General of the Digital Cooperation Organization (DCO), to discuss Iraq’s digital transformation strategy. They emphasized the importance of building a skilled workforce to drive economic growth, while Iraq continues its efforts to implement AI and digital technologies across sectors.
Iraqi Prime Minister Mohammed Shia Al-Sudani met with DCO Secretary-General Deemah AlYahya to discuss Iraq’s progress in digital transformation and artificial intelligence. The discussions emphasized Iraq’s integration of digital reforms into its economy and the country’s membership in the Digital Cooperation Organization, which will offer expertise and training.
