Kuwait has launched securities-based crowdfunding platforms to diversify financing for small projects through licensed digital platforms. This initiative, led by the Capital Markets Authority, marks a significant step in advancing Kuwait’s financial markets, promoting fairness, competitiveness, and transparency, and supporting the country’s digital infrastructure and entrepreneurial growth.
Egypt’s mobile manufacturing sector is expanding, boasting a production capacity of 11.5 million units and $87.5 million in investments. This growth has created 2,050 jobs and is part of an effort to increase the ICT sector’s GDP contribution, with significant new factories from Samsung, Vivo, and others driving this surge.
Ooredoo Kuwait, in collaboration with FASTtelco and the Kuwaiti Ministry of Information, celebrates over 6 million views on the digital platform [51], marking a significant milestone in digital entertainment. Launched as a trial, [51] showcases Kuwaiti media on a global scale, aligning with “Kuwait Vision 2035.”
In Jordan, youths aged 15-24 make up 20% of the population, totaling 2.3 million. The Department of Statistics revealed a low economic participation rate and high internet usage among this group, emphasizing demographic distributions and technological engagements in recognition of International Youth Day.
Saudi Arabia’s General Entertainment Authority (GEA) has launched a digital platform through the Saudi Business Center to streamline key entertainment services, boosting business activity and investment. The initiative supports the Kingdom’s entertainment sector, part of Vision 2030, which saw a 130% rise in visitor numbers and increased licensing activity in 2024.
Banglalink achieved a decade-high revenue growth of 14.4% in 2023, driven by a 25% increase in data revenue. The company’s expansion strategy, including a 24.5% growth in its 4G user base and the success of digital services like the MyBL Super App, fueled this significant performance boost.
The DIGI Nepal Fintech Challenge, launched by the Swiss Agency for Development and Cooperation (SDC) and True North Associates (TNA), aims to promote digital innovation in Nepal’s fintech sector. The challenge offers an accelerator program with technical assistance, mentorship, and potential co-funding grants for selected participants to pilot their innovations.
Huawei and Orange Egypt have implemented the first Bare Metal Container in Egypt, enhancing their long-term collaboration. This deployment of Huawei’s virtual Evolved Packet Core (vEPC) supports seamless mobile network convergence and advances Egypt’s digital transformation. The partnership underscores both companies’ commitment to innovation and aligns with Egypt’s 2030 Vision.
Arab Financial Services (AFS) and Samsung Gulf Electronics have launched Samsung Pay in Oman, marking a key step in the country’s digital transformation. This partnership combines AFS’s expertise in digital payments with Samsung’s technology, offering Omani consumers secure, convenient contactless payments and supporting Oman’s financial ecosystem and regulatory goals.
Zain Bahrain has partnered with AlSalam Gas Electronics to offer exclusive benefits to AlSalam customers, including six months of free rental on selected Fibre plans and vouchers worth up to BD430. This collaboration aims to enhance the customer experience by providing seamless, value-added services and innovative solutions tailored to customer needs.
