Tech startups in the UAE and Saudi Arabia face rising competition as international founders reshape the region’s landscape. Entrepreneurs are urged to demonstrate strong business models, adaptability, and market understanding to succeed. Key principles for success include motivation, intuition, courage, foresight, and inspiration to stay competitive and attract investment.
du has signed a 2 billion dirham ($544.54 million) agreement with Microsoft to build a hyperscale data center in the UAE. The center will support Microsoft’s cloud and AI services, driving digital transformation and job creation in AI, cybersecurity, and data engineering. The project aligns with the UAE’s economic diversification goals.
Congolese Minister Augustin Kibassa Maliba’s visit to Tunisia aims to strengthen digital cooperation between the DRC and Tunisia. Discussions focus on digital transformation, postal modernization, and entrepreneurship, with potential for creating a Technopark in Kinshasa. The collaboration seeks to enhance the DRC’s digital ecosystem and foster regional innovation.
HUTCH’s Future Connect initiative, in partnership with SLIIT, offers students hands-on learning experiences in networking, cloud infrastructure, and data communication. Through industry visits and immersive sessions, HUTCH bridges the gap between academic learning and real-world industry practices, fostering the development of a highly skilled workforce for Sri Lanka’s digital future.
The General Authority for Media Regulation in Saudi Arabia has emphasized that media practitioners must be professionally registered before working in the industry. Legal action will be taken against those unregistered, and violations could lead to suspension or revocation of licenses. This move aims to improve media sector governance and professionalism.
Qatar is hosting the 2nd edition of the e-government workshop for the MENA region, focusing on digital transformation. The workshop aims to develop a regional methodology for evaluating the EGDI and enhance collaboration among countries to share best practices in digital governance, supporting Qatar’s Digital Agenda 2030.
Qatar’s Ministry of Municipality has launched 17 new agricultural services on the ‘Oun’ app as part of its digital transformation initiative. These services include permits for importing agricultural products, productivity certificates, and approvals for agricultural worker recruitment. The project aims to enhance efficiency, simplify procedures, and support smart city development.
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.
