Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Fonepay, Nepal’s largest interoperable payment network, has launched its first virtual credit card in collaboration with Compass Plus Technologies. The digital credit card is available through mobile banking apps and accepted at over 1.5 million merchants. It aims to enhance the country’s digital payment infrastructure and financial inclusion.
BTechnologie inaugurated its Center of Excellence in Rabat, marking a milestone in Morocco’s tech innovation. The center, a collaboration between Bouygues Telecom and Accenture, will focus on AI, 5G, data science, and software development. It aims to position Morocco as a leading tech hub, employing over 1,000 professionals.
Orange Jordan celebrated the International Day of Persons with Disabilities by changing its network name to “Inclusion” in collaboration with the Higher Council for the Rights of Persons with Disabilities. The initiative aims to raise awareness and promote the inclusion of people with disabilities, aligning with Egypt’s Vision 2030.
Pakistan ranks 198th globally in internet speed, according to the World Population Review, with mobile speeds averaging 19.59 Mbps and broadband at 15.52 Mbps. Internet connectivity is further hindered by intermittent outages and reduced speeds, impacting media sharing on platforms like WhatsApp. However, improvements are expected in the coming months.
Banque Misr has successfully launched Egypt’s first public digital real estate auction, marking a major step towards innovation in the banking sector. In partnership with Belmazad, the auction introduces a transparent and efficient bidding process. The platform promises to expand, supporting Egypt’s digital transformation and economic development goals.
Orange Egypt has introduced eSIM technology, allowing users to enjoy the convenience of a digital SIM embedded directly into their phones. This eliminates the need for physical SIM cards, making it easier to switch networks or phone numbers seamlessly, offering a more efficient and innovative mobile experience.
BBK has deployed SymphonyAI’s AI-driven anti-money laundering technology to enhance its transaction monitoring and customer due diligence processes across multiple countries. The AI-powered solution helps the bank improve financial crime detection, reduce false positives, and ensure compliance with evolving regulations in Bahrain, Kuwait, India, Turkey, and the UAE.
Numou, a digital lending marketplace, has launched to streamline SME financing in the UAE. The platform connects businesses with a variety of lenders, reducing paperwork and processing time while increasing access to funding. The initiative supports the UAE’s economic growth by empowering SMEs with better financing options.
Engro Corporation has partnered with Jazz and VEON Group to enhance digital connectivity in Pakistan. This strategic alliance will focus on providing affordable telecommunication services, reducing costs for telecom operators, and expanding coverage in underserved areas. The deal supports Pakistan’s digital transformation and aims to bridge the digital divide.
Iran will host the 25th International Telecom Exhibition in Tehran from December 23-26, with 148 domestic and foreign companies participating. The event will focus on sustainable telecommunication in the AI era and attract digital economy and technology firms, government bodies, universities, and delegations from Iraq, Russia, Armenia, and Türkiye.