Ecobank and Google Cloud Partner to Drive AI-Enabled Digital Transformation in African Financial Services

Ecobank and Google Cloud have partnered to transform African financial services using AI and advanced analytics. The collaboration aims to enhance payment and remittance solutions, improve SME financing, and develop user-friendly digital banking platforms across 33+ African countries, supported by Google Cloud’s technology and expert services.

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Bahrain’s Central Bank Introduces Comprehensive Stablecoin Regulations with 1:1 Reserve Requirement

Bahrain’s Central Bank has introduced a comprehensive stablecoin regulatory framework mandating licensed issuance, full fiat backing with a 1:1 reserve ratio, and robust governance measures. The rules aim to ensure legal clarity, consumer protection, and financial stability, reinforcing Bahrain’s leadership in regulated digital assets and fintech innovation.

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Pakistan’s Federal IT Minister Calls for 5G Spectrum Auction Committee Meeting

Pakistan’s IT Minister Shaza Fatima Khawaja has urged the Auction Advisory Committee to meet and progress the 5G spectrum auction. The meeting is expected to be chaired by the Finance Minister following the budget. The government also awaits the Competition Commission’s approval on a telecom merger. A finalized 5G report will guide auction decisions, supporting the PM’s goal of $25 billion IT exports and imminent 5G rollout.

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BBK, CrediMax, and Batelco Sign Strategic MoU to Enhance Integrated Digital Services in Bahrain

BBK, CrediMax, and Batelco have signed a strategic MoU to collaborate on integrated digital services, including aligned loyalty programs and joint marketing efforts. The partnership will offer exclusive benefits and flexible purchasing options such as ‘Buy Now, Pay Later,’ enhancing customer experience across Bahrain’s financial and telecom sectors.

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Turkcell, Beko, and Ericsson Complete EU-Supported VERGE Project Using 5G and XR for Remote Industrial Design in Türkiye

Turkcell, Beko, and Ericsson completed the EU-backed VERGE project, enabling remote real-time industrial design between Istanbul and Eskişehir using 5G and XR technologies. This innovation enhances Türkiye’s digital production ecosystem by leveraging 5G’s low latency, network slicing, and AI-driven management to boost efficiency, sustainability, and global competitiveness.

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Telecom Egypt and SubCom Complete Dual Landings for SEA-ME-WE-6 Subsea Cable on Egypt’s Coasts

Telecom Egypt and SubCom have completed two strategic landings of the SEA-ME-WE-6 subsea cable on Egypt’s Mediterranean and Red Sea coasts, linked by resilient terrestrial routes. This cable, spanning over 21,700 km and designed for 126 Tbps capacity, will connect Southeast Asia to Europe with multiple landing points and is set to be ready in early 2026.

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