Technology News and insights in the Middle East, South Asia, and Africa
stc has reported strong financial results for the first nine months of 2024, with revenues reaching KD 261.8 million, driven by consumer sector growth. The company continues to lead in digital transformation and innovation within Kuwait’s telecommunications market.
Saudi Arabia and UNCTAD have signed an agreement to enhance the Kingdom’s e-commerce and digital economy policies. The collaboration includes a survey to assess the current situation and align data with international standards. Saudi Arabia is investing $1.4 million to support e-commerce measurement and drive global competitiveness.
Etihad Salam Telecom and center3 have strengthened their partnership to improve digital infrastructure in Saudi Arabia. The collaboration aims to enhance network resilience, connectivity, and scalability, leveraging advanced data centers and internet exchanges to support Saudi Arabia’s growing ICT sector and contribute to the region’s digital transformation.
Somalia’s National Communications Authority (NCA) signed two MOUs with MCMC and CyberSecurity Malaysia to enhance digital regulation and cybersecurity collaboration. The agreements focus on 5G frameworks, cybersecurity threat prevention, and capacity building, aiming to improve Somalia’s digital infrastructure and readiness in the face of emerging challenges.
Sobha Realty has launched the ONE Sobha App to streamline property management and enhance customer engagement. The app offers features such as real-time project updates, amenity booking, and multilingual support, solidifying Sobha’s commitment to innovation and luxury living.
HyperPay is revolutionizing payment gateways in the MENA region with AI-driven technologies, enhancing security, operational efficiency, and customer engagement. The company’s AI tools streamline transactions and combat fraud, ensuring a secure and user-friendly payment experience.
The BTRC has proposed significant reforms to Bangladesh’s telecom licensing structure through the “Telecommunication Network and Licensing Regime Reform Policy 2025.” The new policy aims to simplify the system by reducing licensing layers and merging several services, with a focus on enhancing regulatory autonomy and modernizing the sector.
MAJRA has launched the MAJRA Impact Stream, a digital platform aimed at enhancing CSR and ESG initiatives in the UAE. The platform will support private sector contributions to sustainable development, with a focus on transparency, accountability, and collaboration. Partnerships with universities will further enrich knowledge-sharing efforts.
The Punjab government has launched thermal imaging technology for continuous satellite surveillance of forests to detect fires, illegal logging, and other unauthorized activities. This initiative aims to safeguard forests, prevent crime, and support conservation efforts, positioning Punjab as the first province in Pakistan to implement such advanced monitoring technology.
EdVentures, Nahdet Misr Group’s venture capital arm, has selected eight new startups to enhance its edtech portfolio. These firms specialize in innovative educational technologies, expanding EdVentures’ total to 22 companies and emphasizing its commitment to revolutionizing Egypt’s educational system.