Riyadh-based fintech HALA Payments has been inducted into the Saudi Unicorns Programme, enhancing its position as a leader in SME banking. The company aims to empower MSMEs and freelancers while contributing to Saudi Vision 2030 through innovative financial solutions and global expansion.
Pakistan’s first multi-mission satellite, PAKSAT MM1, has successfully become operational, enhancing the country’s communication infrastructure. With capabilities for television broadcasting, community internet, and tele-education, the satellite aims to improve internet connectivity in remote areas, supporting the government’s Digital Pakistan vision.
The Nepal Telecommunications Authority has revoked the licenses of two internet service providers, C Data Communication and Life Net, due to non-compliance with operating terms and failure to initiate the renewal process, respectively. Both companies must also fulfill required payments within 30 days as directed by the NTA.
Morocco has partnered with UAE-based AI71 to enhance its digital transformation efforts during GITEX Global. This collaboration aims to support the Digital Morocco 2030 strategy by implementing AI-powered solutions that improve citizen access to government services. AI71 will also provide computing power to four selected Moroccan AI start-ups.
Ooredoo Kuwait participated in the “Watheefti” Career Fair, emphasizing its commitment to empowering local youth through job opportunities and professional development. The company is also collaborating with leading institutions to enhance leadership skills in the telecommunications sector, aligning with Kuwait’s vision for a technology-driven future.
Juhayna Food Industries has partnered with RoboGarden Egypt to enhance youth training during the ‘She Can’ Summit. The collaboration, through the ‘Learn to Earn’ program, aims to empower graduates by providing programming certification opportunities, addressing the skills gap in the job market, and boosting economic growth.
Thunes has expanded its Direct Global Network into Egypt, enhancing its cross-border payment services with mobile wallet and bank account capabilities. This move capitalizes on Egypt’s rapidly growing mobile wallet adoption, projected to reach $3.8 billion by 2028, and aims to support remittance services effectively.
Bangladesh’s telecom regulator has fined Grameenphone, Robi Axiata, and Banglalink for violating promotional SMS regulations, each receiving a BDT 5 lakh penalty for exceeding the limit of three SMSs per day. The operators argue that these restrictions hinder effective communication with customers due to low SMS delivery rates.
Iraq ranks 145th globally and 13th among Arab countries in the 2025 Innovation Index, reflecting both progress and ongoing challenges in fostering innovation. The country scores 57.4 points, trailing behind regional leaders like the UAE and Saudi Arabia, highlighting the need for significant investment in R&D and education.
Moro Hub and the UAE Space Agency have partnered to digitize space operations, enhancing the UAE’s global competitiveness in the space sector. This strategic MoU focuses on operational efficiency, customer engagement, and innovation through advanced digital technologies.
