Edfa Venture Capital has launched “Startup Sync,” a platform connecting Egyptian startups with investors, providing financial backing, expert advice, and strategic partnerships. The initiative aims to foster growth and innovation, expanding into the Gulf market with support for startups entering Saudi Arabia and enhancing the regional entrepreneurial ecosystem.
Nowlun, a digital freight forwarding platform in the MENA region, has raised $1.7 million in seed funding to fuel its expansion and technology development. The platform offers competitive ocean freight rates, real-time shipment tracking, and streamlined cargo management, revolutionizing the logistics industry with cutting-edge technology.
Egypt is set to launch eSIM technology this week, offering a digital alternative to physical SIM cards. With compatibility for Android and iOS, the service will enhance mobile connectivity for users. The move aligns with Egypt’s digital transformation, following approval from the NTRA and updates from telecom operators.
The 12th edition of the MEET ICT Conference and Bahrain International Technology Exhibition (BITEX) will focus on artificial intelligence (AI) advancements and their role in Bahrain’s digital transformation. The event, with the theme “AI for All,” will showcase innovations in AI, cybersecurity, blockchain, and more, fostering business growth and investment opportunities.
Standard Chartered Bank hosted a panel discussion on Bahraini Women’s Day, bringing together participants from the “Women in Tech” program. The event highlighted women entrepreneurs’ use of digital solutions, discussed challenges like financing, and explored emerging technologies, while celebrating the contributions of Bahraini women to the nation’s progress.
stc Bahrain has launched its Women’s Empowerment Committee in celebration of Bahraini Women’s Day. The committee aims to tackle gender equality challenges, support women at all levels, raise awareness about unconscious bias, and provide resources for women’s professional growth, reaffirming the company’s commitment to diversity and inclusion.
Jazeera Airways and Bahrain Exchange Company have launched Travel Cash, a service that allows travelers to quickly and securely exchange currency while booking flights. With a fast “Click, Pick, and Go” experience, passengers can pick up their currency at BEC branches or Jazeera Terminal 5, offering a more efficient solution.
Qatar Science & Technology Park (QSTP) has welcomed 13 international startups to participate in its Global Innovation Link (GIL) program. The program aims to foster collaborations in tech research and development, connecting Qatar’s innovation ecosystem with global entrepreneurs from various industries, including spacetech, fintech, and edtech.
Zain Group has sealed a deal to buy a 70% stake in IHS Kuwait Limited, raising its share to 100%. This acquisition, valued at $134 million, enhances Zain’s tower management across Kuwait and supports its regional digital infrastructure expansion.
Grameenphone, in partnership with Plan International Bangladesh and Telenor, hosted an event to highlight the impact of their “Safe Digital Space for Girls and Youth (SDSGY)” project. The initiative has empowered 2.9 million individuals, especially women, by providing digital skills and online safety awareness, bridging the digital divide for marginalized communities.
