Jordan has launched a strategic partnership with the Arab Fund for Economic and Social Development to finance development projects from 2025 to 2029. The initiative will target key sectors like water, energy, and digital transformation, and is expected to boost private sector growth and enhance Jordan’s economic infrastructure.
Saudi Arabia will host the Industrial Transformation Saudi Arabia event in December, in partnership with Riyadh Exhibitions Company and Deutsche Messe. This event will showcase advancements in industrial automation and smart manufacturing, aligned with Saudi Vision 2030, and aims to attract global manufacturers, foster innovation, and promote investment opportunities.
International Textile Limited (ITL) is enhancing its operations by adopting RISE with SAP, a cloud-based ERP solution. This move aims to improve efficiency, scalability, and real-time decision-making, while also integrating AI and sustainability features. ITL’s adoption of this technology will strengthen its competitive position in Pakistan’s textile sector.
Egypt’s Minister of Investment met with Samsung Egypt’s CEO to discuss expanding Samsung’s operations, including a mobile phone manufacturing facility in Beni Suef. The partnership aims to make Egypt a regional hub for electronics production and export, with plans to increase exports by 50%, contributing to job creation and economic growth.
Oman’s Integrated Gas Company (IGC) launched a digital Gas Applications Portal to streamline the application and management of natural gas requests. The platform offers multiple features, including real-time tracking, mobile access, and support for spot sales. It aims to enhance transparency, efficiency, and accessibility for both consumers and investors.
Sabic reaffirmed its commitment to sustainable growth at the Boao Forum for Asia 2025, emphasizing the importance of innovation, collaboration, and cross-regional partnerships. The company highlighted its investments in China, including a new petrochemical complex and plans for an engineering thermoplastics plant, and discussed the chemical industry’s role in the energy transition.
Nepal’s smartphone imports have decreased in volume but increased in value, with 1.1 million units imported in the past six months, valued at Rs. 16.71 billion. This shift reflects growing consumer interest in higher-end smartphones, such as the Samsung S24, as users upgrade to more advanced models with AI support.
The Telecom Operators Association has requested tax exemptions and reforms in the upcoming budget for fiscal year 2025-26. Key demands include withholding tax exemptions, adjustments to income tax rates, and tax relief for telecom employees to ensure sustainable growth and improve the business environment in the telecom sector.
Bahrain National Holding (BNH) has partnered with TCS to deploy Bancs for Insurance as part of its transformation strategy. The new system will streamline BNH’s operations, reduce complexities, and boost digital adoption, supporting its non-life, health, and life insurance services across the country.
Middle Eastern companies are driving smarter trade through digital solutions. Oman’s IGC launched a Gas Applications Portal to streamline natural gas requests, while Abu Dhabi’s AD Ports Group partnered with Indra Group to develop smart port solutions, digitalising logistics and trade operations across Europe, the Middle East, and Africa.
