Kuwait International Bank (KIB) has signed a strategic MoU with PayTabs Kuwait to enhance its digital payment solutions for businesses. The partnership aims to provide customized services for merchants, fostering economic growth, and supporting digital transformation in Kuwait. This move reinforces KIB’s commitment to expanding its customer base.
Dr. Mohammed Hamad Al Kuwaiti, Chairman of the UAE Cybersecurity Council, highlighted the nation’s advanced cybersecurity system that predicts and mitigates over 50,000 daily cyberattacks. He also discussed the country’s focus on defending critical sectors and its efforts to counter misinformation and deepfake threats through exercises at IDEX and NAVDEX 2025.
JODDB will showcase its advanced defense solutions at IDEX 2025, including the upgraded Al-Wahsh Al-Kaser armored vehicle, 40mm smoke grenade launcher, counter-drone systems, and cybersecurity initiatives. The exhibition will also feature JODDB’s test and evaluation services, ammunition manufacturing, and cutting-edge military equipment, reinforcing its role in defense innovation.
The Middle East smartphone market experienced strong growth in 2024, with a 14% increase in shipments driven by rising demand for premium devices. However, growth slowed in Q4, reflecting macroeconomic challenges. Looking ahead, brands will face challenges as consumer behavior shifts towards longer replacement cycles and cautious spending.
Iraq’s Prime Minister, Mohammed Shia Al-Sudani, has launched the Digital Transformation and Automation Center as part of a national plan to enhance digital business and AI. This initiative aligns with Iraq’s economic and administrative reforms, strengthening its digital capabilities and collaboration with the Digital Cooperation Organization.
Mindware has partnered with VMware to distribute VMware’s advanced IT solutions across Lebanon, Iraq, and Jordan, helping businesses accelerate their digital transformation. This collaboration will offer regional enterprises cutting-edge cloud, security, and infrastructure technologies to enhance scalability, agility, and security in their IT environments.
Bayut Egypt has launched a new marketing campaign to enhance the property search experience in Egypt, showcasing luxurious properties and design excellence. The platform has experienced significant growth, attracting 1.15 million monthly active users and increasing lead generation. Bayut’s advanced technology ensures a seamless and personalized real estate experience.
Qme, an AI-driven platform from Egypt, raised $3 million in seed funding to revolutionize queuing and appointment booking systems in MENA. With its partnership with AHOY, Qme has already improved efficiency for over 100,000 customers, reducing waiting times and no-show rates. The funding will enhance technology and expand its reach.
EdVentures and the Mastercard Foundation launched the EdTech Fellowship to support innovation and expand access to education in Egypt. The program has successfully impacted 147,200 learners, empowered youth and women, and created jobs. Eleven startups received equity-free investment to scale their operations and drive Egypt’s EdTech transformation.
Vodafone Egypt launched a digital platform for journalists to enhance communication and support Egypt’s digital transformation. The platform offers real-time information, interview requests, and press releases, improving media interactions. The launch event featured prominent media figures and discussions on the impact of digital transformation on Egypt’s media landscape.
