Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Bahrain’s startup ecosystem has generated USD 1.2 billion from July 2021 to December 2023, with fintech leading the way. Key players like Tamkeen, Bahrain FinTech Bay, and Central Bank of Bahrain support this growth. Tech startups such as Calo and Unipal continue to attract investment, signaling strong growth for 2025.
Bahrain has completed the installation of smart meters in taxis to enhance public transportation services. The initiative ensures transparency in fare calculation, supports electronic payments, and integrates modern delivery applications. The move aligns with Bahrain’s Economic Vision 2030, promoting efficient, sustainable, and reliable transport services.
Solidarity Bahrain has launched the “Solidarity Drive” app, rewarding safe driving behaviors such as observing speed limits and avoiding phone use. The app provides real-time monitoring and offers points that can be redeemed for rewards and insurance discounts. It aims to promote safer driving and improve road safety in Bahrain.
Arcapita, in partnership with Parkway Venture Capital, is investing in a high-growth AI portfolio focused on robotics, quantum computing, and generative AI. The portfolio includes Figure AI and SandboxAQ, aiming to provide exposure to early-stage businesses shaping the future of AI technology, a market expected to grow significantly by 2030.
UAE Ambassador Fahad Alameri met with Bahrain’s Minister Al Khalifa to discuss strengthening the strategic partnership between their countries. They focused on enhancing cooperation in transportation, communications, and logistics, as well as promoting knowledge exchange and joint investments to further the development of both nations.
Ras Al Khaimah will host the 2025 Stevie Awards ceremony on 22nd February, recognizing outstanding organizations from 13 nations in the MENA region. The event, under the patronage of Ras Al Khaimah Chamber of Commerce, will honor achievements in innovation, sustainability, customer service, and other key sectors.
e& has teamed up with IBM to implement an advanced AI and Generative AI governance solution, revealed at WEF 2025. The solution will enhance e&’s AI governance framework, promoting compliance, transparency, and ethical oversight while scaling AI operations responsibly. This partnership addresses key AI governance challenges and risks.
Orange MEA has praised telebirr, Ethiopia’s mobile money service, for its transformative impact on the digital and financial landscape. During a visit to Ethio telecom, the group emphasized telebirr’s role in advancing Ethiopia’s digital transformation and its potential to drive innovation across Africa. The visit also highlighted smart solutions in various sectors.
President Trump has launched the “Stargate Project,” a $500 billion AI infrastructure initiative aimed at building a network of data centers across the US. The project will create over 100,000 jobs and enhance US competitiveness in AI, with key tech partnerships from OpenAI, Oracle, Nvidia, and Microsoft.
Hilal Technology and Dell Technologies hosted an exclusive event, “Exploring the Future of IT,” in Bahrain, marking their long-term partnership. Over 100 customers gathered for insightful discussions on generative AI, modern data centers, and business resiliency. The event reinforced their commitment to delivering cutting-edge IT solutions.