Shahzaib

Saudi Arabia Ranks Third Globally in Digital Government, Says DGA Governor

At the Digital Government Forum 2025 in Riyadh, DGA Governor Eng. Ahmed Alsuwaiyan announced that Saudi Arabia ranks third globally and first regionally in digital government performance. Backed by Vision 2030, the Kingdom has evolved from digital transformation to AI-driven governance, achieving a Digital Content Efficiency Index score of 76.24%. The forum also recognized leading innovators through the Digital Government Award and GovJam Challenge, underscoring Saudi Arabia’s leadership in building a future-ready, human-centric digital government.

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MoneyHash Appoints Abdullah Khayat as Country Director to Lead Expansion in Saudi Arabia

MoneyHash has appointed Abdullah Khayat as Country Director and General Manager for Saudi Arabia, marking a major step in its regional expansion. Backed by over a decade of experience across fintech, government, and enterprise sectors, Khayat will lead MoneyHash’s operations and partnerships as Saudi Arabia accelerates its transition to a cashless economy under Vision 2030. The move underscores MoneyHash’s commitment to driving payment innovation and digital transformation across one of the MENA region’s fastest-growing markets.

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Global Crypto Exchanges Support Saudi Arabia’s Plans to Launch Regulated Stablecoins

Saudi Arabia’s plan to introduce regulated stablecoins is earning strong support from major global exchanges including Bybit and BingX, who see it as a milestone for the region’s digital finance landscape. Backed by the CMA and SAMA, the initiative aims to enhance financial inclusion, speed up cross-border payments, and unlock innovation across fintech, real estate, and retail. As the Kingdom’s fintech sector rapidly expands, stablecoins are poised to become a key pillar of its digital transformation strategy.

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Mobily and stc Share Top Honors in Opensignal’s Latest Saudi Arabia Network Experience Report

According to Opensignal’s October 2025 Saudi Arabia Mobile Network Experience Report, Mobily and stc have tied for the top spot, each earning seven awards. Mobily was named Best Network for overall quality and reliability, while stc dominated in speed and coverage categories. The findings come as Saudi Arabia advances its 2025–2027 spectrum strategy under CST to strengthen its position as a global digital leader.

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Standard Chartered Pakistan Announces Winners of Women in Tech Cohort 7

Standard Chartered Pakistan has announced the winners of its Women in Tech Cohort 7, recognizing innovative women-led startups driving social and economic impact. The top honors went to Yumkins Foods, Atfaal, and Ootein, representing sectors from baby nutrition and circular fashion to allergen-free food. Each received funding and mentorship to scale operations nationwide. The accelerator, run with Village Capital and INNOVentures Global, underscores Standard Chartered’s commitment to empowering women entrepreneurs in Pakistan’s growing innovation economy.

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SBP Launches InvestPak Portal to Digitize Investment in Government Securities

The State Bank of Pakistan has launched InvestPak, a digital investment portal enabling individuals and corporates to invest directly in government securities online. The platform simplifies account opening, bidding, and trading, marking a major step toward financial digitization. With Rs46.5 trillion already invested in government papers, the initiative will expand access, encourage individual participation, and streamline operations for banks and investors alike.

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Pakistan, Saudi Arabia to Launch Joint Tech Ventures Under New AI Hub Initiative

Pakistan and Saudi Arabia are launching a joint AI Hub to foster collaboration between Pakistani tech talent and Saudi companies seeking digital services. The initiative marks a strategic pivot from training to employment-driven outcomes, aligning with Pakistan’s new workforce KPIs. Backed by GO Telecom, the partnership follows a new Economic Cooperation Framework signed in Riyadh, designed to expand trade and investment. Meanwhile, Pakistan plans to auction 600 MHz of spectrum and expand submarine and fiber-optic networks to enhance nationwide Internet performance.

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Pakistan to Announce 5G Spectrum Policy to Boost Digital Growth

Pakistan’s IT Minister Shaza Fatima announced that the government will soon release its 5G spectrum policy, including the auction of 600 MHz for next-generation services. Alongside, new frameworks for infrastructure sharing and satellite communication have been approved. The government also plans a “Smartphones for All” initiative to promote affordability and inclusion. Pakistan’s telecom sector continues to expand rapidly, with strong subscriber growth, a 17% annual revenue increase, and booming e-commerce activity.

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