Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Sabika, a Sharia-compliant gold and silver investment platform, has raised a six-figure USD round led by M-Empire Angels to expand in Egypt and the Gulf. With 20,000 users and EGP 120M in transactions, the startup will enhance features, add AI tools, and enter Saudi Arabia in 2025.
Google will build four subsea cable hubs across Africa and invest $9M in AI training and research, expanding its Africa Connect program. The initiative will improve internet speed and resilience for 18 nations while equipping young Africans with AI and cloud skills to drive the continent’s digital economy.
All Egypt Tours has partnered with local guides to enrich its all-inclusive packages with authentic cultural experiences, from historical storytelling and family meals to artisan workshops. The initiative prioritizes safety, sustainability, and responsible tourism while boosting economic opportunities for communities across Egypt.
Helios Investment Partners will acquire a 75–80% stake in Telecom Egypt’s Regional Data Hub in Cairo, valued at up to USD 260 million. Telecom Egypt will retain a minority share, with both firms partnering on infrastructure development. The deal awaits final agreements and regulatory approvals.
Banglalink has introduced Bangladesh’s first AI-powered Complaint Management System, enabling automatic detection, self-diagnosis, and seamless escalation of customer issues. The innovation ensures faster, more transparent service, demonstrating the company’s commitment to AI-led customer experience and improved efficiency in the telecom sector.
The Taliban has imposed a nationwide internet and telecom shutdown in Afghanistan, creating a total blackout that disrupts flights, banking, education, and media. The move follows fibre-optic cuts and signals tighter control over information, with severe consequences for daily life, businesses, and especially women’s access to education.
HSBC Qatar hosted its CIB Networking Event in Doha, uniting over 70 clients to explore digital solutions driving resilience, efficiency, and growth. Showcasing Treasury APIs, TradePay, and FX Evolve, the event reinforced HSBC’s digital leadership and its alignment with Qatar National Vision 2030.
Visa has been confirmed as a diamond sponsor for Fintech Forward 2025 in Bahrain, underscoring its commitment to digital transformation, financial inclusion, and innovation. The event, hosted by Bahrain EDB, will gather global fintech stakeholders on October 8–9 to explore the future of integrated financial ecosystems.
Algeria has launched the “DZ Travellers” platform to provide information, emergency support, and travel registration services for citizens abroad. The initiative enhances crisis coordination, aligns with Algeria’s digital transformation agenda, and underscores the state’s commitment to protecting its nationals globally.
Algérie Telecom has partnered with the Sétif Youth Directorate to provide students and start-up developers free access to collaborative spaces, expert-led training, and an AI lab at its Skills Center. The initiative supports Algeria’s digital transformation strategy by equipping youth with advanced skills and fostering innovation.