UAE digital lender Wio close to joining Dh100 billion club, says chief executive

Wio Bank is nearing Dh60 billion in assets less than three years after launching and is aiming to cross the Dh100 billion threshold within two to three years. Backed by ADQ, e&, FAB and Alpha Dhabi, the digital bank has become one of the UAE’s fastest-expanding lenders and intends to secure a top-three position in the retail and SME banking market as it continues its rapid growth.

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Ericsson boosts ICT collaboration with Egypt

Ericsson and ITIDA have signed a three-year MoU to advance Egypt’s ICT and digital services sectors in line with the Digital Egypt Offshoring Strategy. The partnership supports R&D expansion, high-value digital jobs, and advanced services such as AI and analytics, while investing in nationwide digital skills programmes and university collaborations to strengthen Egypt’s position as a global offshoring hub.

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Nigerian regulator says it wants to eliminate pre-registered SIM cards

Nigeria’s NCC is intensifying efforts to eliminate pre-registered SIM cards, warning that they pose serious cybersecurity risks by enabling fraud and identity-related crime. Despite previous clean-up campaigns, illegal SIM sales continue due to informal resellers. The regulator will increase field inspections, penalise operators, and work closely with security agencies and NIMC to enforce stricter compliance and combat call masking and interconnect fraud.

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Dialog Axiata launches 5G-powered water-surface cleaning robot

Dialog Axiata has introduced a 5G-powered autonomous robot that cleans plastic and floating waste from Sri Lanka’s waterways. Developed with MEPA, the robot uses AI, real-time video, and carbon-neutral power to remove up to 50 kg of debris per mission. The announcement comes as Sri Lanka prepares for its first commercial 5G spectrum auction, marking a major step toward national 5G deployment.

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