Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Pakistan and Uzbekistan are enhancing their digital cooperation, focusing on cybersecurity, digital services, and technology ventures. Discussions included creating a one-window system for digital services, fostering startup ecosystems, and investing in digital skills training for youth and women. Both countries agreed to form a Joint Working Group for further collaboration.
Mohamed Jawad, CFO of Oman Qatar Insurance Company, discusses growth drivers in Oman’s insurance sector, highlighting digital transformation, AI, and automation. He outlines how OQIC is leveraging technology for financial operations and claims management. Jawad also shares advice for aspiring CFOs and the importance of industry forums for knowledge sharing.
Oujda has emerged as Morocco’s leader in internet speeds, achieving an average download speed of 65.74 Mbps, followed by Fes and Agadir. The report highlights a significant variation in performance between major cities like Rabat and Casablanca. Maroc Telecom continues to dominate as the fastest mobile provider in the country.
Maroc Telecom and INWI have signed an agreement to jointly accelerate fiber optics and 5G network deployment in Morocco, investing 4.4 billion MAD over three years. The partnership aims to provide ultra-high-speed internet and improve mobile connectivity, with a focus on expanding infrastructure across the country.
Boubyan Bank’s SME strategy focuses on customer-centricity, digital innovation, and financial empowerment. The bank leverages technology to offer seamless financial tools, including the Payout API and eRent, while providing tailored services such as Sharia-compliant financing and mentorship. Boubyan aims to enhance the SME ecosystem and become a regional banking benchmark.
Crown Prince Hussein chaired a meeting urging the National Council for Future Technology to enhance digital infrastructure and align with technological needs. He emphasized the importance of using data and advanced technology to improve health services, productivity, and efficiency in the sector. Prime Minister Jafar Hassan also attended.
The second Freelancers Forum in Egypt, organized by the Ministry of Communications, focused on empowering youth in the digital economy. Government leaders discussed initiatives to improve digital skills, internet infrastructure, and tax reforms to support freelancers. Key topics included training, workspace access, and simplified tax procedures for small businesses.
Telecom Egypt has approved a cash dividend of EGP 2.56 billion for 2024, amounting to EGP 1.50 per share. The company reported consolidated net profits of EGP 10.10 billion for 2024, with standalone net profits after tax reaching EGP 2.78 billion, reflecting strong financial performance.
Bangla Phone Ltd has been granted a Nationwide Telecommunication Transmission Network (NTTN) licence by the BTRC, after an 11-year wait. The licence allows the company to build and manage a fibre-optic transmission network, improving broadband access and reducing service costs. The move aims to expand telecom infrastructure across Bangladesh.
Dinar, a new digital platform launched in Bahrain, provides in-depth coverage and analysis of economic trends, investment opportunities, and government initiatives. It aims to foster public dialogue, enhance economic awareness, and support informed discourse through interactive tools, multimedia content, and expert commentary, contributing to Bahrain’s business landscape.