Paymentology has entered into a referral partnership with Zand Bank to provide fintechs and startups in the UAE with crucial financial services. This collaboration aims to support the UAE’s digital economy by offering infrastructure, compliance support, and services like BIN-sponsorship and virtual IBANs, helping new businesses scale efficiently.
Banglalink, part of VEON, has launched RYZE, a digital lifestyle app tailored to Bangladesh’s youth. Offering AI-powered personalization, the app provides skill development resources, entertainment, and rewards. It aims to empower the young population with digital solutions, supporting skill growth and digital inclusion in line with VEON’s broader strategy.
Algeria and South Africa’s space agencies, ASAL and SANSA, signed an MoU on December 6, 2024, to enhance cooperation in space science and technology. The agreement aims to develop joint projects, share expertise, and promote space technologies for peaceful purposes, strengthening bilateral ties in the space sector.
Saudi Arabia’s National Cybersecurity Authority (NCA) signed significant cybersecurity agreements with Qatar, Romania, Spain, and Kuwait during the 2023 Global Cybersecurity Forum (GCF) in Riyadh. The event, themed “Charting Shared Priorities in Cyberspace,” facilitated discussions on strategic cybersecurity directions and global challenges, emphasizing the importance of international cooperation in addressing cyber threats and securing the digital landscape.
Tunisia’s Ministry of Communication Technologies and INT are cracking down on unregistered SIM cards to combat cybercrime and fraud. Telecom operators must deactivate improperly registered SIM cards until valid ID verification is completed. This initiative aims to update subscriber data, curb unauthorized SIM sales, and address inflated mobile subscriber figures in the country.
Edgnex Data Centres by DAMAC plans to invest in a 15MW data centre in Jakarta, Indonesia, scheduled for completion in late 2025. This facility aims to meet the growing demands of cloud service providers and AI deployments, supporting Jakarta’s goal to boost its data centre capacity to 1GW.
Arabian Internet and Communications Services Company (solutions) reported SAR 1.27 billion in revenues for the first nine months of 2024, a 23.30% increase year-on-year. Q3 net profits surged 19.63% to SAR 463 million, although revenues slightly declined to SAR 2.75 billion compared to the previous year.
The Tawakkalna app, developed by SDAIA, topped Saudi Arabia’s Digital Experience Maturity Index for 2024 with a 91.29% rating. Recognized for integrating government services and enhancing user satisfaction, it supports over 32 million users globally, affirming Saudi Arabia’s leadership in digital transformation and artificial intelligence utilization.
Ooredoo has successfully tested groundbreaking 5.5G technology in Oman, setting new standards for speed, capacity, and reliability. This achievement positions Ooredoo at the forefront of telecom innovation, supporting Oman’s digital vision 2040. With enhanced connectivity, 5.5G will revolutionize real-time services and deliver unparalleled digital experiences across various scenarios.
Yahsat has signed an MoU with South Africa’s Department of Communications and Digital Technologies to enhance collaboration in satellite and ICT services. The agreement includes satellite broadband, IoT, geospatial applications, and more. This partnership aims to develop infrastructure, skills, and communications capabilities in South Africa.
