Italy, Albania, and the UAE have signed a €1 billion deal to build a subsea interconnection for importing renewable energy across the Adriatic Sea. This project aims to strengthen regional power links, enhance energy security, and promote clean energy, contributing to sustainable development in the Mediterranean region.
SAMA has launched Samsung Pay in Saudi Arabia, integrated with the national payment system mada, to enhance the country’s digital payments infrastructure. This aligns with Saudi Vision 2030’s goals of financial inclusion and expanding fintech solutions, helping the region strengthen its position in the global fintech landscape.
Cashee, a mobile banking app for kids and teens, is set to launch in Saudi Arabia. The app, backed by Arab National Bank, offers financial education and a prepaid Visa card to youth aged 6-18. Cashee’s goal is to help young people develop better money management habits.
e& UAE achieved TM Forum’s Platinum Open API certification, the first in the MENA region to do so for 20 unique APIs. This milestone enhances connectivity, interoperability, and system portability. e& UAE’s Developer Portal offers free access to standardized APIs, fostering innovation. This certification underscores e& UAE’s commitment to digital transformation and technological excellence.
Smart Salem, the UAE’s leading visa medical testing and wellness screening clinic, has announced an extended parental leave policy offering 24 weeks of maternity leave and two weeks of paternity leave. The clinic also confirmed its Great Place to Work certification, reflecting its commitment to employee well-being.
Mobmio, a mobile apps growth platform, has launched a new platform in Dubai, featuring direct MMP links for improved tracking and profitability. This innovation automates data collection, enhances accuracy, and offers real-time analytics, significantly benefiting brands in maximizing mobile sales amidst a global 15% increase in mobile purchases in early 2024.
The FAO launched the Digital Agriculture Consortium (DAC) in Islamabad, aiming to transform Pakistan’s agriculture through digital means. The event showcased advanced technologies and discussed strategies to enhance productivity and efficiency. The DAC will integrate key stakeholders to drive the digital transformation of agriculture, fostering collaboration and sustainable development across Pakistan.
UMX Studio, a Saudi-based mobile game developer, has raised $4.5 million from Jetapult, backed by Accel Partners. The investment will help UMX expand its game portfolio and reach global audiences, driving growth in the Saudi gaming industry.
ACES and Radisys have partnered to co-develop 5G ORAN and small cell technology under Saudi Vision 2030. Their collaboration will drive innovation in telecom infrastructure, providing scalable 5G solutions. With a dedicated lab for testing and trials, the partnership aims to enhance connectivity and offer cutting-edge telecom capabilities.
Naver is working on a project to construct a digital twin platform for major cities in Saudi Arabia, aiming to improve urban planning and disaster management.
