NVSSoft’s Tarasol receives accreditation by Saudi Arabia’s Digital Government Authority as government correspondence platform

Tarasol has been accredited by Saudi Arabia’s Digital Government Authority after meeting 66 national criteria for government correspondence systems. Selected among only nine platforms, it reflects NVSSoft’s decade-long role in public-sector operations, strengthening Saudi Arabia’s digital governance framework while advancing AI-enabled, compliant, and interoperable government services.

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Libya Contract Signing

Libya Joins Medusa Submarine Cable Project to Boost Telecom Services and Digital Transformation

Libya has entered into a significant agreement with the Medusa submarine cable project, connecting the nation to various Mediterranean countries and improving its telecommunications capabilities. The Libyan United International Company (LUIC), a consortium of private sector Libyan companies in the communications industry, signed the contract. This move will enable Libya to become a telecom and internet services exporter to African countries, enhancing its digital infrastructure, boosting economic prospects, and establishing the nation as a key digital gateway to Africa.

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A modern fintech scene depicting digital banking and financial services. Elements include smartphones with banking apps, digital wallets, financial gr

Egyptian Fintech MNT-Halan Secures $157.5 Million for Global Expansion

Egyptian fintech company MNT-Halan has secured US$157.5 million in funding to support its global expansion. Founded in 2018 to provide digital banking solutions for the unbanked, MNT-Halan’s ecosystem includes business lending, consumer finance, and e-commerce. With over 2.2 million active users, the company aims to extend its innovative financial services internationally.

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LB CIM App Wins “Most Popular Digital Payment Product” at LankaPay Technnovation Awards 2025

LB CIM, Sri Lanka’s first AI-powered digital loan and payments platform, won the “Most Popular Digital Payment Product” at the LankaPay Technnovation Awards 2025. This recognition highlights the app’s popularity driven by customer trust and its innovative features, driving financial inclusion and digital accessibility in Sri Lanka.

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Bahrain Secures Over $100 Million Investment from Singapore Firms, Marking a Strategic Milestone

Bahrain has secured over $100 million in investments from Singapore firms across financial services, ICT, and tourism. Bahrain EDB’s strategic presence in Singapore and robust regulatory environment have attracted international companies, underscoring Bahrain’s position as a business-friendly hub for innovation and financial services in the Middle East.

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