Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Dr. Khulood Almani, Founder & CEO of HKB Tech, is driving AI innovation and sustainable entrepreneurship in Saudi Arabia. Her company supports the development of AI startups and SMEs, contributing to Saudi Arabia’s Vision 2030. Through strategic partnerships, HKB Tech is shaping the future of AI and digital transformation.
Lebanon has launched the “LEAP” initiative, a five-year digital transformation plan aiming to position the country as a regional tech hub powered by AI. The plan focuses on AI integration across government sectors, legislation, partnerships, and infrastructure improvements, with the goal of transforming Lebanon into a leader in innovation and technology.
GCC telecom operators have the potential to generate up to $5.90 in EBITDA for every $1 invested in AI-powered marketing. Strategy& Middle East’s report highlights the importance of leveraging vast customer data and AI to personalize engagement, drive growth, and stay competitive in an increasingly digital market.
Oman is making strides in AI innovation, with numerous startups leading the charge across various sectors. From marine sustainability to FinTech, these AI-driven companies are shaping the future of industries in the Sultanate. The government’s National AI Program supports the goal of boosting digital economy contributions to 10% by 2040.
The IEA reports that data centre electricity consumption will more than double by 2030, primarily driven by AI. This surge in energy demand, alongside opportunities for efficiency improvements, could increase global energy consumption by data centres to 3%, significantly impacting carbon emissions, with companies turning to nuclear and renewable energy.
Orange Egypt, led by CEO Eng. Yasser Shaker, highlighted the company’s dedication to AI and digital transformation during the Egypt-France Business Forum. This comes as part of French President Macron’s visit, focusing on strengthening Egypt-France ties, enhancing innovation, and fostering AI-driven development in Egypt’s economy.
Tamkeen has launched an initiative to train 50,000 Bahrainis in Artificial Intelligence by 2030. The program includes three tracks targeting executives, general employees, and AI specialists, aiming to enhance Bahrainis’ skills, boost productivity, and improve their competitiveness in the labor market. Partnerships with local and international providers support the initiative.
The adoption of AI in Middle Eastern banks is set to significantly boost regional GDP, with the UAE and Saudi Arabia leading the way. AI is transforming core processes like KYC and AML checks, driving efficiency, innovation, and improved customer experiences, positioning the region for substantial economic growth.
Cassava Technologies, led by Strive Masiyiwa, plans to invest up to USD 720 million in partnership with NVIDIA to build Africa’s first AI factory. The initiative will deploy 12,000 GPUs across South Africa, Egypt, Nigeria, Kenya, and Morocco, boosting AI infrastructure and capabilities across the continent.
Jordan’s Traffic Department has launched an AI-based monitoring system to detect mobile phone use while driving, aiming to improve road safety. The system can automatically identify phone usage positions, allowing for precise enforcement without human intervention. This initiative is designed to reduce accidents caused by distracted driving.