Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Arthur D. Little’s report highlights Bahrain’s potential in video games and renewable energy. The gaming sector is the second fastest-growing in the Gulf, while renewable energy investments are surging. Bahrain’s strategic position in cloud services, financial transparency, real estate, and manufacturing further enhances its investment appeal.
Sri Lanka has become the fastest adopter of digital payments in South Asia, with a 20% increase in digital transactions since 2019. Visa Corporation highlights significant growth, particularly in tap-and-pay transactions. Despite high consumer spending, there remains a need for education on cashless payments for merchants and consumers.
Mawhiba has partnered with UNESCO to enhance STEM education for 6th to 12th-grade students in Arab countries. The initiative focuses on empowering Arab girls and young women, training science teachers, and creating a global platform for science fairs, aiming to tackle global challenges and promote sustainable development.
Dopay secures $13.5M to expand its digital payroll platform for unbanked workers in Egypt, aiming to enhance financial inclusion and launch new services.
myZoi is redefining financial inclusion in the UAE with its digital wallet and educational initiatives aimed at the underbanked. Through strategic partnerships and a commitment to social impact, myZoi is not only a fintech leader but also a pioneer in using technology for social good.