Technology News and insights in the Middle East, South Asia, and Africa
Jordan’s digital payments have skyrocketed to 19.2 billion dinars in just eight months, a 54% increase from last year, driven by popular platforms like “Click,” “Jumobi,” and “eFAWATEERcom.” This surge reflects a significant shift towards digital financial solutions in the country.
Maroc Telecom has agreed to a $640 million settlement with Wana Corporate, resolving a longstanding dispute over unfair competition practices. This record penalty highlights a major shift in enforcing fair competition laws in Morocco’s telecom sector, potentially reshaping the industry’s regulatory landscape.
BDTax has launched a new mobile app for Android and iOS to facilitate easier tax filing in Bangladesh. The app features guided steps, secure document management, and AI-powered tools to streamline the process, ensuring compliance and enhancing user experience with professional support.
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in pre-seed funding to enhance business financial operations. The investment aims to expand SETTLE’s global footprint and integrate real-time financial data tools, revolutionizing how businesses manage payments and treasuries.
The Bangladesh Mobile Phone Consumer Association has identified a severe shortage of mobile network towers as a significant barrier to reliable service. With only 40% of the necessary infrastructure built, the country faces frequent disruptions, emphasizing the need for urgent investment and better sector coordination.
stc pay has introduced the Corporate Prepaid Card in Bahrain, designed to offer businesses enhanced financial control and efficiency. This new solution includes features like attractive cashback on transactions, advanced security, and global acceptance, further establishing stc pay as a leader in the fintech sector.
Bangladesh ranks 110th globally in mobile internet speed, yet users find connectivity solutions in imo’s platform. Imo optimizes low-speed internet performance with advanced data compression and features like 2K HD calls, significantly enhancing user experience despite slow speeds.
Bahrain hosted the ITU Digital Skills Forum, with discussions led by key global telecommunications leaders on advancing digital skills to support digital transformation. The forum highlighted initiatives to bridge the digital skills gap and align with Bahrain’s Vision 2030, receiving international recognition for its strategic approach.
LabLabee, an Algerian edtech startup, has raised $3.4 million to boost 5G, cloud, and AI adoption. This funding will expand its training offerings and enhance learning platforms, aiming to establish leadership in the EMEA and U.S. markets and addressing the global skills gap in advanced technologies.
ICS Arabia has initiated construction on the Desert Dragon Data Centers in Saudi Arabia with a capacity of 187 MW. This project, in collaboration with Lumaotong Group and China Mobile International, aims to enhance digital infrastructure and support Saudi Arabia’s Vision 2030 with advanced data center technologies.