Saudi Arabia is rapidly advancing AI adoption across various sectors, including energy, healthcare, and finance, as part of its Vision 2030 goals. With investments in AI infrastructure, research, and education, the Kingdom aims to become the Middle East’s AI epicenter, driving economic growth, innovation, and digital transformation.
Mobily reported a 20.21% YoY increase in net profit for Q1-2025, reaching SAR 767 million. Revenues grew by 5.10% to SAR 4.77 billion, and earnings per share rose to SAR 1. Despite a quarterly decline, Mobily’s annual profit growth was notable, with a 39.20% increase for 2024.
STC Bank, the digital banking arm of Saudi Telecom, has received an $800 million capital infusion to expand its services. The funds will enable the bank to offer a wider range of financial products, supporting its strategy to diversify and contribute to Saudi Arabia’s Vision 2030 by modernizing its financial sector.
Vodafone Oman has partnered with Sultan Qaboos University to drive research and innovation in Oman’s digital economy. The collaboration includes the Vodafone Innovation Award and a PhD scholarship in AI and Machine Learning. This partnership supports Oman’s Vision 2040, focusing on digital transformation and AI-driven economic growth.
Visa has made strategic investments in Tunisian fintech Konnect and Moroccan startup PayTic, enhancing its commitment to Africa’s fintech ecosystem. These investments are part of Visa’s ongoing USD 1B initiative, empowering startups with funding and mentorship. Konnect offers instant payments via shareable links, while PayTic provides compliance tools for financial institutions.
The ITU’s 2024 report reveals that only 38% of Africa’s population is online, highlighting the continent’s digital divide. Key barriers include high internet costs, lack of digital skills, and inadequate infrastructure. Addressing these issues requires coordinated efforts from governments, private sector players, and international organizations to improve access.
eSTEM Morocco has expanded its Titrit Digital Houses project, opening five new centers to provide digital education for marginalized girls. In partnership with L’Oréal Morocco and supported by the L’Oréal Fund for Women, the initiative promotes digital literacy, gender equality, and leadership, aiming to empower 50,000 girls across Morocco.
Maroc Telecom has partnered with Visa to integrate Visa’s payment services into MT Cash, its Mobile Money solution. This collaboration aims to enhance financial inclusion and expand digital financial services across Morocco and Africa. The partnership will help accelerate digital payments, targeting underserved populations and boosting e-commerce growth.
Orange Jordan has launched its “Ma’ak” mobile plans, offering free 5G services and a redesigned loyalty program. With plans starting at JD 6.50, the company provides enhanced connectivity and digital experiences. The new Max it Rewards program offers exclusive benefits, including double points for youth customers.
Orange Maroc has launched its new smart routers at Gitex Africa 2025, featuring cutting-edge prpl OS technology, advanced security, and eco-friendly design. Powered by Bitdefender, the routers offer ultra-fast performance, Wi-Fi 7, 5G compatibility, and energy-saving features, positioning Orange at the forefront of digital innovation and sustainability.
