Bank Alfalah has acquired a 9.9% stake in Jingle Pay, a rapidly growing fintech in the MENAP region. The partnership aims to enhance cross-border payments and digital banking, with Jingle Pay planning to launch its digital banking services in Pakistan in 2025. This collaboration strengthens both companies’ positions in global finance.
MBZ-SAT, the UAE’s most advanced satellite, is set to launch tonight from Vandenberg Space Force Base, California, aboard SpaceX’s Falcon 9 rocket. Developed by Emirati engineers at MBRSC, the satellite boasts cutting-edge Earth observation capabilities, offering rapid data delivery and precise imaging for applications like environmental monitoring and disaster relief.
stc Bahrain has reached a milestone in its “Trees for Life” campaign, planting over 55,000 trees across the Kingdom since 2021. In 2024, 27,172 trees were planted, contributing to Bahrain’s national afforestation goals. The campaign promotes sustainability, supports the government’s net-zero vision, and strengthens community engagement.
The Algerian Stock Exchange experienced historic growth in 2024, with market capitalization reaching 518 billion dinars. The anticipated listing of telecom giant Djezzy in 2025 is expected to further boost the exchange’s profile. Ongoing modernization efforts aim to attract more investors and enhance market accessibility for SMEs.
Ooredoo has signed 10 memoranda of cooperation with 40 Omani SMEs to support their growth and sustainability. The partnership includes offering communication packages, training programs, and telecommunication services to improve business efficiency and provide additional revenue opportunities through reselling Ooredoo services.
Zain KSA has secured a license from the Digital Government Authority to provide digital authentication services, supporting Saudi Arabia’s digital transformation under Vision 2030. The services will enhance electronic transactions, ensuring security and compliance with regulations, and will be available to both government and private sector clients.
Dubai Centre for Artificial Intelligence (DCAI) has launched the ‘One Million Prompters’ initiative to train one million individuals in AI prompt engineering. This program, part of Dubai’s AI strategy, will enhance participants’ skills in generative AI and AI-driven productivity, fostering global innovation and leadership in AI adoption.
The UAE’s tech sector is on track for significant growth in 2025, driven by advancements in AI, cloud computing, and blockchain. With substantial investments in digital infrastructure and supportive policies, the UAE continues to attract emerging tech companies, positioning itself as a leading global hub for innovation and digital transformation.
Qatar Airways has introduced Sama, the world’s first AI-powered digital cabin crew member, to share travel insights and personal stories on Instagram. Sama embodies the airline’s commitment to technological innovation and human connection, offering a unique perspective on life as a cabin crew member and showcasing Qatar Airways’ global network.
Vodafone Qatar has launched OSNtv bundles, integrating premium content with its Home Fibre internet service. Customers can access up to 170 channels, including OSNtv’s signature offerings and a library of 15,000 hours of movies and series. The OSNtv Box enhances the viewing experience with advanced features and OTT access.
