Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
The National Bank of Fujairah (NBF) has partnered with Intellect Global Transaction Banking (iGTB) to enhance its digital banking capabilities through cloud-managed services. This collaboration, featuring the eMACH.ai Digital Transaction Banking solution, marks a significant advancement in the UAE’s digital transaction banking landscape, enabling NBF to offer innovative, cloud-powered services to its clients.
Saudi Arabia’s National Events Center, in partnership with CODE and Monsha’at, has launched EventTech, a national initiative aimed at driving digital innovation in the events sector. Aligned with Vision 2030, EventTech promotes collaboration among government agencies, accelerates digital transformation, and engages the public in developing innovative digital solutions.
Ooredoo, in partnership with Tech Mahindra, has successfully advanced its digital transformation by revamping its CRM and IT infrastructure. This multi-phase project enhances digital customer experiences across Oman, with completed phases for B2C services and upcoming transformations for B2C fixed-line and B2B segments. Ooredoo is committed to providing cutting-edge digital solutions.
Egypt’s mobile manufacturing sector is expanding, boasting a production capacity of 11.5 million units and $87.5 million in investments. This growth has created 2,050 jobs and is part of an effort to increase the ICT sector’s GDP contribution, with significant new factories from Samsung, Vivo, and others driving this surge.
In Jordan, youths aged 15-24 make up 20% of the population, totaling 2.3 million. The Department of Statistics revealed a low economic participation rate and high internet usage among this group, emphasizing demographic distributions and technological engagements in recognition of International Youth Day.
Banglalink achieved a decade-high revenue growth of 14.4% in 2023, driven by a 25% increase in data revenue. The company’s expansion strategy, including a 24.5% growth in its 4G user base and the success of digital services like the MyBL Super App, fueled this significant performance boost.
Huawei and Orange Egypt have implemented the first Bare Metal Container in Egypt, enhancing their long-term collaboration. This deployment of Huawei’s virtual Evolved Packet Core (vEPC) supports seamless mobile network convergence and advances Egypt’s digital transformation. The partnership underscores both companies’ commitment to innovation and aligns with Egypt’s 2030 Vision.
Jordan’s “Jordan Source” programme, led by Minister Ahmad Hanandeh, promotes the country as a prime destination for tech investment, focusing on IT outsourcing, support services, and video game development. The initiative aims to attract global companies, create jobs, and enhance Jordan’s IT sector, with successful engagements in Singapore and global tech events.
Oman’s postpaid mobile subscriptions rose by 9% in the first half of 2024, reaching 1.89 million, while prepaid subscriptions dropped by 4.5%. Fixed internet subscriptions grew by 6.5%, but fixed-line subscriptions declined by 21.7%. Muscat led in fixed analogue lines, despite a 71.1% drop in this category.
Maroc Telecom invested 3.2 billion dirhams in the first half of 2024, marking a 9.8% increase from the previous year. The investment fueled a 5.1% rise in subscribers to 78.4 million. Despite a slight dip in revenue and EBITDA, the group’s adjusted net income grew by 0.3% to 2.94 billion dirhams.