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 launches AI policy to train one million professionals by 2030, boost innovation, and enhance public services with inclusive digital initiatives and strong cybersecurity measures, reflecting a commitment to economic modernization and youth empowerment.
The UAE’s fintech sector is rapidly advancing, transforming payments into seamless, secure, and personalized experiences that support the country’s digital economy growth. Key innovations include wearable payment technologies and a push toward a cashless economy, with Dubai targeting 90% digital transactions by 2026. Fintech also promotes financial inclusion by providing digital tools to unbanked populations. AI and machine learning enhance fraud detection and personalized services, boosting consumer trust. Strong regulatory support further accelerates fintech adoption and attracts global investment.
Sri Lanka’s Central Bank plans to increase daily digital transactions by 30%, raising volumes from 1.65 million to 2.15 million. Awareness campaigns across major cities will promote online banking and card payments to support a shift toward a cashless economy.
Saudi Arabia’s tech delegation visited the UK to explore collaborations in AI, digital health, and satellite communications. Key discussions included autonomous driving, robotics, startup support, and high-speed LEO satellite connectivity with OneWeb. The visit supports Saudi Vision 2030’s goal to advance innovation and global partnerships.
Flex League raises six-figure seed round to expand court booking, scale across Saudi and MENA, and enhance racquet sports competition and community management in the region.
Saudi Arabia leads globally in cybersecurity with strategic investments, institutional strength, and international cooperation, providing a model for nations to build resilient digital defenses amid rising cyber threats
QIB and PayLater launch Qatar’s first shari’a-compliant BNPL solution, combining banking expertise and fintech innovation to enhance financial inclusion and digital economy growth.
Vodafone Qatar’s H1 2025 net profit rose 12.1% to QR329 million, driven by revenue growth and cost efficiency, with service revenue and subscriber base expanding alongside strong EBITDA and ROE performance.
Guodong Group targets investments in Pakistan’s telecom towers, data centers, EV charging, and smart city solutions, supported by Pakistan’s SIFC and government under the Digital Nation Pakistan vision.
Ooredoo posted a 4% net profit increase to QR1.9 billion in H1 2025, supported by strategic investments, expanded fintech services, and growth in key markets, while maintaining a disciplined financial position and reaffirming full-year guidance.