stc has reported strong financial results for the first nine months of 2024, with revenues reaching KD 261.8 million, driven by consumer sector growth. The company continues to lead in digital transformation and innovation within Kuwait’s telecommunications market.
The Communications, Space and Technology Commission (CST) has announced that the Neo Space Group has won the competition for obtaining a permit to provide Earth Observation (EO) Platform Service.
Astra Tech has secured $500 million in financing for its fintech subsidiary, Quantix, to expand its consumer lending platform and Ultra app, which has over 150 million users globally. The funding will help enhance the app’s financial services and integrate more features, supporting growth in the UAE fintech sector.
Omantel and Airgain have entered a strategic partnership to improve 5G coverage across the MENA region, focusing on Airgain’s Lighthouse smart network repeater. The collaboration includes joint R&D for region-specific solutions, aiming to address infrastructure challenges and expand 5G connectivity. The partnership is poised to capture new revenue opportunities in the MENA market.
Jordan has partnered with Sustainable World Software to use AI and space technology for forest restoration, aiming to combat deforestation, expand green areas, and support climate change mitigation. This initiative is part of Jordan’s National Plan for Sustainable Agriculture and its Nationally Determined Contributions (NDC).
Abu Dhabi’s Hub71 has welcomed 23 new startups in its latest cohort, collectively securing over $53 million in funding. These startups will join the Company Building Programme and receive substantial incentives and cash for equity. The surge in applications reflects Abu Dhabi’s growing appeal as an innovation hub. The startups span various sectors, including FinTech and ClimateTech. Some will join Hub71+ Digital Assets, benefiting from a network of partners. Two ClimateTech startups focus on sustainability. Hub71 offers mentorship, support, and a vast network, enhancing startups’ growth prospects in Abu Dhabi’s tech ecosystem.
Dubai, United Arab Emirates,14 April 2025: Exalogic, a global provider of enterprise AI and digital transformation solutions, is all set…
Dubai AI Campus and Google Cloud have partnered to enhance the startup ecosystem within the DIFC Innovation Hub. The collaboration will provide startups with mentorship, access to Google Cloud’s AI technologies, and support for growth. This initiative aims to establish Dubai as a global hub for AI innovation and technology-focused companies.
PTCL partners with Mastercard to launch a versatile UPaisa debit card, enhancing digital payments across Pakistan and globally, with improved security and convenience.
Egypt’s Information Technology Industry Development Agency (ITIDA) has launched ITIDA Gigs, a new initiative designed to enhance the freelancing skills of…
