e-finance has acquired stakes in Al Ahly Momken (25%) and EasyCash (13%) to expand its digital payments presence in Egypt, supporting Vision 2030. This partnership aims to leverage e-finance’s technology to develop innovative payment solutions, enhancing services for over 90,000 merchants and 5 million customers.
Ooredoo has partnered with Nutanix to develop a hybrid multi-cloud environment for Qatar Airways, enhancing customer experience and operational efficiency. Additionally, Ooredoo is extending its partnership with Netcracker to improve CRM and revenue management, supporting various services and industries, including ICT, IoT, fintech, and entertainment.
Arabsat is partnering with ST Engineering iDirect to integrate cloud technologies into its gateway infrastructure, expanding satellite connectivity in the Middle East, Africa, and Asia. This initiative will enhance Arabsat’s coverage, provide vital managed services, and support Saudi Arabia’s broader space investment and efforts to deliver satellite internet to underserved regions.
The Telecommunications Regulatory Authority (TRA) has launched a public consultation to gather feedback on draft regulations for last-mile delivery services in Oman. This initiative aims to improve postal services, enhance e-commerce, and integrate postal operations with the broader transport sector through the Ministry’s Naql platform. Submissions close on June 3.
Edgnex Data Centres by Damac has announced a new state-of-the-art data centre in Jakarta, Indonesia, to support the region’s growing digital economy. Scheduled for completion in late 2025, this facility will enhance service reliability and meet the rising demand for cloud services, AI deployments, and internet usage in Southeast Asia.
Shaffra, a deep tech company in the Middle East, has launched its AI Trainer, utilizing Large Action Models (LAM) technology. This AI solution personalizes avatars for tasks like customer service and data analysis, enhancing productivity across sectors. Supported by significant investments, Shaffra aims to revolutionize workforces and drive economic growth in the region.
Microsoft and G42 announced a $1 billion digital investment in Kenya, including a state-of-the-art green data centre to support Microsoft Azure. This initiative aims to enhance Kenya’s digital infrastructure, develop local AI models, expand connectivity, and ensure secure cloud services, fostering digital transformation and economic growth across East Africa.
Pakistan is launching the MM1 communication satellite on May 30 to enhance its communication infrastructure. The satellite will address the increasing demand for high-speed internet and connectivity. This follows the successful ICUBE-Q lunar mission, highlighting the crucial role of satellites in disaster management, environmental monitoring, and technological advancement.
The US Trade and Development Agency (USTDA) awarded a feasibility study grant to CdNet Communications Ltd for the Bangladesh International Submarine Cable (Bagha-1). This project aims to boost internet capacity and quality across Bangladesh, enhancing digital infrastructure and connectivity for advanced services like 5G and international data centers.
PTCL and Mashreq Pakistan have signed an agreement for primary data centre colocation services at PTCL’s Tier-III Data Centre. This partnership aims to enhance Mashreq’s digital retail banking operations with state-of-the-art infrastructure and managed security, supporting PTCL’s role in advancing telecom infrastructure and economic growth in Pakistan.
