Klumi Ventures and Fuze have partnered to bridge traditional finance with digital assets in the UAE. This collaboration aims to accelerate Web3 adoption by enhancing cross-border payments, offering educational initiatives, and developing new digital asset solutions. The partnership aligns with Abu Dhabi’s Vision 2030 and is set to transform the region’s financial landscape.
Ericsson, in partnership with stc Group, King Saud University, and Vonage, has launched the ‘Spark Tomorrow’ tech hackathon in Saudi Arabia. The two-day event will bring together developers to create innovative applications using IoT, AI, and XR technologies, supporting Saudi Arabia’s Vision 2030 goals of advancing digital transformation and innovation.
Oracle has launched its second public cloud region in Riyadh as part of a $1.5 billion investment to support Saudi Arabia’s digital transformation under Vision 2030. The new region will enhance cloud and AI adoption across sectors, joining existing and planned Oracle cloud regions in Jeddah and NEOM.
Saudi Arabia will host the 19th United Nations Internet Governance Forum (IGF) in Riyadh from December 15-19, under the theme “Building our Multistakeholder Digital Future.” The event will gather over 10,000 participants and focus on innovation, digital governance, human rights, and sustainability in the digital age.
Europcar Oman has launched WiFi units with unlimited 5G data, providing seamless connectivity for travelers. These units offer fast, reliable internet access on the go, allowing multiple devices to connect simultaneously. The service ensures convenience, reliability, and affordability, enhancing the travel experience for business and leisure travelers alike.
ITIDA has partnered with CARITech to enhance Egypt’s software development sector through training, certification, and consultancy services. This collaboration, formalized by an MoU, aims to improve digital talent efficiency and align professionals with international standards, reinforcing Egypt’s position as a global IT services hub while expanding CARITech’s reach in global markets.
Egypt’s Cairo has been ranked 95th in the 2024 Global Innovation Index’s top 100 science and technology clusters, making it the only North African city on the list. This recognition highlights Cairo’s patent activity, scientific publications, and collaboration with global inventors, reflecting Egypt’s ongoing efforts in innovation and technology development.
stc Bahrain has launched the “Scan & Go SIM,” the nation’s first self-activation service utilizing AI facial recognition. This innovative SIM allows customers to activate it instantly via the My stc BH app, offering a seamless, on-the-go experience without visiting a branch. The service is available with flexible prepaid and postpaid plans.
The Saudi Astronomy Team won three bronze medals at the IOAA 2024 in Brazil, showcasing their skills in astronomy and astrophysics. Prepared through extensive training camps by CST and Mawhiba, the students excelled in a competitive field with participants from 53 countries, marking a significant achievement for Saudi Arabia in the Space sector.
Oman has launched a new Social Protection Fund (SPF) e-portal to enhance electronic governance. Employers can now verify expatriate worker data, update wages, and manage employee information efficiently. This initiative aligns with Oman’s digital transformation strategy, aiming to streamline operations and ensure accurate data management across government and private sectors.
