LuLu Exchange has partnered with Fintech Galaxy to improve cross-border payments in Bahrain by leveraging open banking solutions. This collaboration aims to enhance transaction speed, security, and convenience, aligning with Bahrain’s financial inclusion goals. The partnership positions LuLu Exchange as the first licensed company to integrate open banking for payments.
The Digital Cooperation Organization (DCO) will convene with Member States and digital economy experts to address the recent global IT outage that disrupted essential operations. DCO Secretary General Dheemah AlYahya emphasizes the need for effective international digital cooperation and sustainable policies to mitigate risks and ensure continuity in an increasingly digital world.
Morocco aims to boost its economy with a 10% GDP increase by 2030 through its Digital Morocco 2030 strategy, investing $1.1 billion by 2026. The plan focuses on digitizing government services, blockchain adoption, and expanding AI use across sectors like healthcare, finance, and education, creating jobs and training youth in digital skills.
Orange Jordan showcased its innovative solutions at the inaugural “Makers’ Forum,” including the Spider Robot, Ender 2 Printer, and AI-driven drone for agriculture. The event highlighted Orange’s commitment to community empowerment and digital education, with a focus on economic participation and skill development for local communities.
Al Yah Satellite Communications Company (Yahsat) has selected SpaceX to launch its advanced geostationary satellites, Al Yah 4 (AY4) and Al Yah 5 (AY5), using the Falcon 9 rocket. This agreement is part of a $5.1 billion mandate from the UAE Government, including design, manufacturing, and managed services by Airbus.
Telecom Egypt has appointed Lobna Helal as its first female Chair of the Board, following Dr. Magued Osman’s resignation after a nine-year tenure. Helal brings over 30 years of experience in the banking sector. Mohamed Nasr has been reappointed as CEO, ensuring continuity in leadership and Telecom Egypt’s strategic goals.
Morocco has been ranked in the top tier of the 2024 Global Cybersecurity Index by the ITU, marking it as a global role model in cybersecurity. The country excelled in legal, organizational, and cooperation measures, emphasizing its strong commitment to securing its digital infrastructure.
Minister Shaza Fatima Khawaja and Japanese Ambassador Akamatsu Shuitsi discussed strengthening bilateral ties in digital transformation, AI, and workforce development. The meeting focused on joint initiatives in ICT, skills training, and educational partnerships, aligning with Pakistan’s vision of becoming a “Digital Pakistan” with Japan’s support.
Egypt’s Ministry of Communications and Information Technology has signed an MoU with Microsoft to enhance the country’s AI capabilities, targeting the training of 100,000 individuals in AI technologies. The agreement aims to empower local talent, promote responsible AI use, and support Egypt’s National AI Strategy for 2025–2030.
The UN projects the global AI market will reach $4.8 trillion by 2033, but warns that 40% of jobs could be affected, with AI deepening existing inequalities. The report calls for increased international cooperation and investments in reskilling to ensure AI drives inclusive development across all nations.
