Pakistan’s IT exports hit $3.223 billion in 2023-24, with a government target of reaching $25 billion in five years. The HBL-P@SHA ICT Awards 2024 celebrated innovation in the IT sector, recognizing 33 Gold and 47 Merit Award winners for their contributions to the country’s digital economy.
Naver Corp plans to establish its Middle Eastern headquarters, Naver Arabia, in Saudi Arabia by the end of 2024. This strategic expansion aims to harness AI, cloud computing, and robotics technologies, aligning with Saudi Arabia’s Vision 2030 and enhancing Naver’s global business footprint.
Network International has partnered with Tabby to offer UAE eCommerce merchants BNPL options, allowing consumers to split purchases into four interest-free payments. This collaboration aims to enhance online shopping experiences and expand digital payment methods in the region.
TSMC and Samsung Electronics are discussing potential semiconductor projects in the UAE, possibly exceeding $100 billion. These early-stage talks aim to expand global chip production, with funding potentially from Abu Dhabi’s Mubadala.
Tunisia is poised to enhance its digital infrastructure with the introduction of 5G technology, expected by year-end. This initiative, part of a broader digital transformation strategy, involves major telecom providers like Tunisie Telecom, Ooredoo Tunisie, and Orange Tunisie, who have recently applied for 5G licenses.
Korean tech giants are poised to expand in the Middle East, exploring opportunities to establish semiconductor facilities in the UAE. This move aligns with the region’s strategy to diversify beyond oil, leveraging AI and advanced manufacturing to foster economic growth.
PTCL has partnered with Hamdard University to provide managed ICT and mobility solutions, enhancing digital infrastructure for education. This collaboration, part of the university’s digital transformation, aims to improve operational reliability and service delivery.
Qatar participated in the UN General Assembly’s panel “Laying the Foundation for a Digital Future for All,” discussing digital strategies, AI applications, and global cooperation in technology to promote sustainable development and connectivity.
The Pakistan Telecommunication Authority’s August 2024 report reveals an increase in cellular subscribers to 193.098 million and a rise in 3G/4G users to 137.920 million. NGMS penetration also grew, with 99% of telecom complaints resolved, highlighting efficient customer service in the sector.
HyperPay is revolutionizing payment gateways in the MENA region with AI-driven technologies, enhancing security, operational efficiency, and customer engagement. The company’s AI tools streamline transactions and combat fraud, ensuring a secure and user-friendly payment experience.
