Saudi Arabia’s Cloud Computing Special Economic Zone (CCSEZ) is accelerating the Kingdom’s digital transformation by attracting foreign investment and fostering innovation in cloud computing. Positioned as a regional tech hub under Vision 2030, the CCSEZ aims to revolutionize various sectors, boost local businesses, and create significant employment opportunities.
Saudi fintech start-up Barq has quickly gained traction since its launch, offering a financial app for global money transfers and Visa cards with various perks. With over $133 million transferred and 1 million users onboarded, Barq is revolutionizing the fintech landscape in the region.
The Saudi Ministry of Communications and Information Technology, in partnership with the National e-Learning Center, has launched an AI training program for students, professionals, and enthusiasts. The program offers a comprehensive introduction to AI concepts and applications, with participants receiving a certificate upon completion. Registration is available at https://mcit.futurex.sa.
Muscat Municipality is advancing its digital transformation by implementing a new fleet management system in collaboration with OPAL. The system will use advanced technologies like GPS and sensors to optimize vehicle tracking, reduce costs, and improve operational efficiency, supporting the government’s vision of smart and sustainable cities.
Zain has launched the latest edition of its Zain Great Idea (ZGI) startup accelerator program in partnership with Rasameel Investment Company. The program, now in its 14th year, aims to foster growth and investment opportunities for tech startups in Kuwait, with a focus on fintech, digital innovations, and e-services.
Kuwait-based real estate tech company Sakan has acquired Qatari proptech firm Hapondo to expand its services in Qatar. The acquisition aims to leverage Hapondo’s network and technology to enhance real estate solutions across the GCC, improving user experiences and driving innovation in the market.
Ooredoo successfully tested 5.5G technology in Oman, achieving a record-breaking network speed of over 4.6 Gbps. This milestone positions Ooredoo at the forefront of telecommunications innovation, paving the way for advanced digital services and supporting Oman’s Digital Vision 2040.
The GCC, recognized for its strategic importance in global trade, has long faced challenges in road freight logistics, including inefficiencies, lack of transparency, and high operational costs.
The Egyptian Space Agency (EgSA) is launching a joint-stock company for satellite component manufacturing and a marketing company to promote its products. Additionally, EgSA will introduce an online platform for purchasing satellite images, furthering Egypt’s influence in the global space sector and advancing its space technology industry.
Pakistan’s telecom operators are undergoing a cybersecurity audit directed by the PTA to secure the country’s digital infrastructure. This audit will evaluate adherence to cybersecurity protocols, employee security clearance, and data protection measures, with findings set to guide future actions in enhancing national digital security.
