SEALSQ Corp is expanding its presence in Saudi Arabia, collaborating with WISeKey and Juffali Group to support the Kingdom’s Vision 2030. Key initiatives include the deployment of WISeSat.Space, a quantum-resistant satellite solution for IoT data, and collaboration with Hedera to promote blockchain-based applications and innovation in emerging technologies.
LG Electronics has launched its first brand shop in Saudi Arabia, located in Khobar. The store showcases the latest smart home products and technologies, emphasizing the company’s commitment to enhancing consumer lives. This move strengthens LG’s presence in the Saudi market and reflects its focus on innovation and connected solutions.
The UAE and Malaysia have signed a memorandum of understanding (MoU) to enhance joint AI investment and technological collaboration. The partnership aims to improve national security, operational efficiency, and AI-driven solutions. The MoU builds on the Comprehensive Economic Partnership Agreement and strengthens ties between the two nations.
Rajab Butt, Ducky Bhai, and Nadeem Nani Wala have launched the YouTube channel “Join Elite Group,” which will focus on TikTok live streams, business startup tips, cryptocurrency investments, YouTube vlogging advice, and online business strategies. Butt’s viral vlogs, Ducky Bhai’s social media critiques, and Nadeem’s TikTok fame will shape the channel’s content.
Pakistan is exploring options for LEO satellite operators like Starlink to expand services, aiming to improve connectivity in rural areas. While HEO operators dominate the market, LEO satellites face regulatory challenges and infrastructure costs. The future of satellite internet in Pakistan hinges on aligning with legal and strategic requirements.
SOHAR Port has launched its new Port Management Information System, Marasi, to optimize operations and improve stakeholder collaboration. The system, already deployed in 50 ports worldwide, offers real-time data, mobile apps for marine pilots, and enhanced communication for shipping agents, aligning with Oman Vision 2040 for sustainable growth.
Nepal’s digital payment systems have surged, driven by mobile and internet banking, QR codes, and faster payment methods. The shift from traditional payment options like cards and cheques is clear, aided by increased internet penetration and government initiatives. This transformation signals a move toward a more digital economy.
Stellantis has acquired the remaining 49% stake in Sopriam, fully consolidating its operations in Morocco. This move integrates multiple car brands under Stellantis Maroc, aiming to enhance customer experience and strengthen synergies. The acquisition aligns with Stellantis’ 2030 strategy to lead the Middle East and Africa markets with a 22% share.
In 2024, Zain Kuwait continued its leadership in telecom and digital innovation, supporting sports, empowering youth, and promoting sustainability. The company launched the Zain Great Idea accelerator, achieved significant 5G breakthroughs, and spearheaded campaigns like Zain Alshuhoor Ramadan, all contributing to Kuwait’s growth and community well-being.
The Nclude Fund, with over $105 million in capital, has invested $24.5 million into 8 fintech startups, boosting Egypt’s fintech sector. Managed by Development Partners International (DPI), the fund aims to encourage foreign investment and position Egypt as the MENA region’s fintech innovation hub.
