Pakistan’s telecom authority has decided not to proceed with a VPN ban, following legal advice from the Law Ministry. Despite efforts to regulate VPN use, the PTA withdrew the policy after determining it lacked legal grounds. VPN usage continues to grow in Pakistan as users seek to bypass government restrictions.
Edfa Venture Capital has launched “Startup Sync,” a platform connecting Egyptian startups with investors, providing financial backing, expert advice, and strategic partnerships. The initiative aims to foster growth and innovation, expanding into the Gulf market with support for startups entering Saudi Arabia and enhancing the regional entrepreneurial ecosystem.
Zain Group has sealed a deal to buy a 70% stake in IHS Kuwait Limited, raising its share to 100%. This acquisition, valued at $134 million, enhances Zain’s tower management across Kuwait and supports its regional digital infrastructure expansion.
UAE consumer spending reached $3.7 billion in Q3 2024, driven by strong growth in FMCG and technology sectors. The rise of back-to-school promotions, digital shopping platforms, and convenience retail fueled this growth, with increasing adoption of online grocery services. The country’s retail landscape shows strong consumer confidence and evolving spending habits.
du’s 5G-A Innovation Center in Dubai is poised to lead the next generation of 5G technology, driving faster speeds, lower latency, and greater connectivity. The center will explore new business models and applications for sectors like smart cities, AI, and immersive technologies, helping the UAE solidify its position as a digital leader.
The Minister of State for IT and Telecom, Shaza Fatima Khawaja, has committed to overhauling Pakistan’s internet infrastructure. The government plans to enhance broadband access, improve coverage, and address cybersecurity challenges to ensure seamless service. Efforts include upgrading systems, enhancing tower intensity, and resolving issues affecting citizens’ internet experience.
Nepal Telecom (NTC) has installed 1 Gbps FTTH connections and 4G small cells at TU Cricket Ground for seamless internet connectivity during the NPL 2024. These upgrades ensure smooth media operations and uninterrupted 4G service for up to 20,000 spectators. NTC’s support enhances the fan experience at the event.
Finnfund has invested €10 million in WorldLink Communications, Nepal’s largest internet service provider, to expand the country’s fiber network and build its first Tier III-standard data center. This investment will support digital inclusion, offering faster and more reliable internet services across Nepal’s rural and remote areas.
Entlaq has partnered with Informa Markets to launch Egypt’s Clean-Tech Landscape 2024 report, aimed at positioning Egypt as a regional leader in clean technology. The report highlights growth opportunities in renewable energy, waste management, and green hydrogen, offering actionable recommendations to drive investment and innovation in the sector.
Geidea is expanding its SoftPos service to Egypt after a successful launch in Saudi Arabia and the UAE. This solution enables merchants to accept secure, contactless payments via smartphones, eliminating the need for traditional POS devices. The launch marks a key step in Geidea’s strategy to transform the region’s digital payment landscape.
