LoftyInc Capital Announces $43M First Close of its New Pan-African Seed Fund
LAGOS, Nigeria–(BUSINESS WIRE/AETOSWire)– LoftyInc Capital Management has secured a $43 million first close for its new LoftyInc Alpha Fund, a…
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LG Cools Down UAE’s Energy Consumption with Cutting-Edge Air Conditioning
Dual Inverter technology and smart ThinQ™ combine for efficient, intelligent cooling in LG’s latest air conditioning range Dubai, United Arab…
Confluent Announces Partnership With sccc by stc to Bring Enterprise-Ready Data Streaming to Saudi Arabia
Confluent Platform is now available as a fully managed service through (sccc by stc) Saudi Cloud Computing Company, delivering the…
iSON Xperiences and Aistra Announce Strategic Partnership to Drive Artificial Intelligence (AI)-Powered Customer Experience (CX) Transformation
The global collaboration aims to revolutionize customer experience through AI-led automation, predictive analytics, and next-generation digital solutions DUBAI, United Arab…
Qatar’s MCIT Partners with Microsoft to Foster Digital Innovation and Empower Startups
Qatar’s Ministry of Communications and Information Technology (MCIT) has partnered with Microsoft to support startups and foster digital innovation. The initiative aims to provide mentorship, access to technologies like AI and cloud computing, and training programs to enhance competitiveness, aligning with Qatar’s Digital Agenda 2030 and strengthening its tech ecosystem.
Mastercard and Mashreq Partner to Launch Digital Bank in Pakistan
Mastercard has partnered with Mashreq to launch a digital bank in Pakistan, aiming to drive digital payment adoption, financial inclusion, and economic growth. This collaboration will enhance service delivery, improve security, and support the development of Pakistan’s digital financial ecosystem. The partnership aligns with Pakistan’s Vision 2025 transformation goals.
TAQA and ACWA Power Awarded Mega Green Hydrogen Projects in Morocco Worth $32 Billion
TAQA and ACWA Power, along with other international firms, have secured multi-billion-dollar green hydrogen projects in Morocco. These projects, focused on ammonia, industrial fuel, and green steel production, are part of Morocco’s efforts to strengthen its position in the global green energy market, with a combined value of nearly $32 billion.
PayTabs Group Acquires Majority Stake in PayTabs Egypt to Strengthen Digital Payment Solutions
PayTabs Group has acquired a majority stake in PayTabs Egypt, expanding its digital payment solutions in the country. The acquisition will enhance PayTabs’ ability to support local businesses, financial inclusion, and Egypt’s transition to a cashless society, while continuing to strengthen its position as a regional leader in digital payments.
Visa Reports Strong Growth in Digital Payments in Bangladesh, With Dhaka Leading the Way
Visa’s report highlights Bangladesh’s growing digital payment adoption, with 14% increased spending and 17% more transactions in 2024. Dhaka leads this growth, while other cities like Gazipur and Rajshahi also show progress. Online and contactless payments drive the shift, with strong growth in both domestic and international transactions.
Jordan’s Digital Economy Minister Participates in MWC 2025 to Strengthen Tech Innovation and Partnerships
Jordan’s Minister of Digital Economy, Sami Smeirat, attended MWC 2025 in Barcelona to strengthen partnerships in digital transformation, AI, and 5G. The Kingdom aims to enhance its position as a regional tech hub, attract investment, and create job opportunities, fostering innovation and supporting startups and entrepreneurs in Jordan.