The Microcredit Regulatory Authority (MRA) and IFC have launched a USD 350,000 project to enhance Bangladesh’s microfinance sector. The initiative will promote digital financial services and expand access to housing loans for low-income communities. It includes capacity-building for MRA officials and aims to improve financial inclusion and living standards.
Robi Axiata has appointed M Riyaaz Rasheed as acting CEO, following the reassignment of Rajeev Sethi to a new role within the Axiata Group. Rasheed, the company’s CFO, had previously served as acting CEO in 2021. Robi is the second-largest mobile operator in Bangladesh, with 5.71 crore subscribers.
Bangladesh Bank has authorized mobile operators to accept local currency (taka) payments for international roaming services, simplifying the process for travelers. Customers can pay up to Tk 6,000 per trip and Tk 30,000 annually, with conditions for payment activation. This initiative aims to reduce reliance on foreign payment mechanisms.
Akij Telecom has introduced four leading AIoT brands—Philips, Transformers, Monster, and Airmars—to the Bangladesh market, marking a significant step in tech innovation. With over 150 new products launched, the partnership with Shenzhen Wanlin Technology aims to revolutionize smart connectivity and enhance digital lifestyles across the country.
Qatar’s tech sector is rapidly growing with investments in digital infrastructure and innovation, contributing to GDP growth. Companies like MagniPro and UM Qatar have earned top rankings in workplace culture. The focus on AI and cloud-based solutions is positioning Qatar as a hub for foreign investment and a digitally-driven economy.
BENEFIT participated in the “Innovation in Social Housing Sector” Summit, showcasing its digital financial solutions that streamline home financing and payments. The company highlighted its Bahrain Credit Bureau service and BenefitPay app, reinforcing its role in Bahrain’s digital transformation and commitment to enhancing the housing sector and citizens’ financial experiences.
stc Bahrain sponsored the inaugural Bahrain Bayan School Tech Summit, focusing on the intersection of education, technology, and Bahraini identity. The event highlighted how technology can transform education while preserving cultural heritage. stc Bahrain showcased its digital solutions, reinforcing its commitment to empowering future generations in a digital world.
Zain Bahrain’s Q1 2025 results show a 9.6% increase in profit to BD 1.17 million, alongside a 7.7% rise in revenue. The company made significant strides in network expansion, including a tripling of fiber internet speeds, while securing key certifications and partnerships, reinforcing its market leadership in Bahrain.
BBK has partnered with Batelco to offer exclusive smart home packages and fiber internet deals for mortgage loan customers during the “Innovation in Social Housing” Summit. This initiative aims to introduce modern smart living solutions to Bahraini families, supporting digital transformation in the housing sector.
Tamkeen’s Kawader Skills Portal is connecting skilled Bahraini professionals with job opportunities in the ICT sector, streamlining recruitment for private sector organizations. The platform aims to position nationals as the preferred workforce and supports sector growth by offering career development opportunities and access to a tailored talent pool.
