Fcode Labs, a Sri Lanka-based software company, has entered the European market through a strategic partnership in Sweden with Anton Lundberg as Partner and Country Director. The collaboration focuses on delivering SaaS products and AI solutions, addressing tech talent shortages, and scaling digital products for European businesses.
TruBuild has raised $1 million in a seed round led by Waʼed Ventures, Dar Ventures, and Plug & Play Ventures. The funding will help enhance its AI-powered construction platform, expand its teams, and scale operations in Saudi Arabia and beyond, aiming to improve risk management and decision-making in construction projects.
Saudi Arabia, in collaboration with Meta and other key partners, will host the first-ever Instagram Creators Summit in the MENA region. The event will explore the future of content creation, AI, and social media, while showcasing AlUla’s cultural heritage and innovation. It underscores Saudi Arabia’s role as a global hub for creativity.
VISA’s expansion in Pakistan, including office growth and partnerships with 1-Link and PayPak, has been recognized for enhancing financial inclusion and digital payments. Finance Minister Aurangzeb praised VISA’s role in accelerating Pakistan’s digital transformation and assured the government’s support in resolving operational challenges to strengthen the payment ecosystem.
JazzCash is expanding its regional presence, partnering with du Pay to enable seamless cross-border payments to Pakistan. The collaboration with Western Union allows faster remittances to JazzCash wallets. Additionally, JazzCash aims to drive financial inclusion, focusing on Insurtech, asset fractionalization, and supporting women-led businesses and freelancers.
Pakistan’s Universal Service Fund (USF) has connected over 37 million people, laying 17,200 km of fibre optic cable across 161 projects. The programme aims to expand digital access, especially for women and entrepreneurs, supporting the government’s efforts to promote digital inclusion and bridge the connectivity gap nationwide.
The MENA Fintech Association (MFTA) has partnered with D2A2 to drive digital asset innovation and Web3 growth across the MENA region. The collaboration will focus on creating a regulatory framework, fostering responsible innovation, and building stakeholder confidence in the digital finance ecosystem.
Oman’s Ministry of Information has launched “Ayn for Children,” a media platform aimed at enriching child-focused content. Featuring educational, cultural, and entertainment resources, the platform caters to children aged 4-18 and promotes Omani culture. It also supports young content creators, offering over 65,000 audio-visual materials globall
Oman Post has joined the Universal Postal Union’s ‘Postal Prosperity Zone’ (PPZ) initiative to enhance cross-border e-commerce through integrated logistics solutions. The program aims to streamline customs, improve tracking, and enable real-time data sharing. This aligns with Oman’s Vision 2040, reinforcing its role as a regional logistics hub.
Oman’s cybersecurity conference focused on enhancing cybersecurity in the logistics sector. Discussions covered risks, IoT threats, and industrial control system security. The event, under the Ministry of Transport’s auspices, emphasized creating national cybersecurity standards and frameworks to ensure robust information security practices in logistics and other critical sectors.
