4 December 2024
Headlines

Ecosystem

Google Cloud Damman

Google Cloud Inaugurates New Cloud Region in Dammam, Boosting Saudi Arabia’s Digital Ambitions

Editor04 mins

Google Cloud has launched a new cloud region in Dammam, Saudi Arabia, to offer advanced cloud services to various sectors and support Saudi Arabia’s Vision 2030. This strategic expansion is expected to add significant economic value and job creation by 2030. The initiative includes collaborations and a focus on aiding SMEs and startups, particularly through the upcoming Google for Startups Cloud Program.

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re.life Expands Digital Ecosystem Across MENA Region

Editor03 mins

Sharjah-based digital ecosystem re.life announces its expansion across the MENA region, with new offices in Saudi Arabia, Egypt, Jordan, and Turkey. The company operates ‘re.life market’ for recyclable trading and ‘re.life collect’ for logistics services. This expansion follows significant growth in 2023, with a substantial increase in transactions and user engagement on both platforms.

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Banglalink IPO

Banglalink Delays IPO Amid Market Uncertainty, Optimistic for 2024

Editor04 mins

Banglalink, Bangladesh’s third-largest mobile operator, is postponing its IPO launch due to current market conditions, including political uncertainties and underperformance of telecom stocks. The company, optimistic about a 2024 IPO, has also explored partnerships with digital banks and recently initiated a national roaming field trial with Teletalk. Challenges include non-implementation of SMP restrictions and unfeasible regulations for SIM-locked handsets.

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Taly Set to Launch New Corporate and Individual Digital Payment Platforms

Editor05 mins

Taly, backed by Banque du Caire, is set to launch new digital payment platforms for corporate and individual users as part of its expansion strategy. The company, which already provides payment solutions to merchants, is enhancing its services with a focus on digital transformation and security, and aims to significantly increase its customer base and transaction volume.

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