During the Esports World Cup (EWC), stc revolutionized the gaming experience through its platforms, stc play and stc tv, providing real-time updates, interactive features, and extensive event coverage. The company’s innovative approach reshaped fan engagement and supported Saudi Arabia’s emergence as a global gaming hub.
Userguest, a Moroccan SaaS startup, has raised $2.4 million in seed funding to enhance its tool that optimizes direct hotel revenue. The round, led by Al Mada Ventures, will expand its market reach and strengthen its sales team, promising growth and innovation in hospitality technology.
Telecom Egypt reported a 1.83% increase in Q1-2024 net profit, reaching EGP 3.88 billion. Consolidated operating revenues grew to EGP 17.48 billion. The standalone net profit rose to EGP 4.38 billion, with operating revenue at EGP 12.59 billion. The company plans to enhance cost efficiency and monetize assets generating foreign currency returns.
Saudi Arabia’s Almarai Prize for Scientific Innovation promotes global food security by supporting research and innovation in arid regions. Launched by KACST and Almarai, the prize addresses water shortages and enhances sustainable food security.
Egypt will launch a digital platform to engage diaspora academics in national higher education and research strategies. The JESOR-D Initiative will facilitate collaboration with experts abroad, addressing local development challenges and promoting sustainable growth. This platform aims to turn brain drain into brain gain, enhancing Egypt’s academic and research capabilities.
EdVentures and the Mastercard Foundation have launched a five-year EdTech Fellowship in Egypt to transform the African EdTech sector. The program supports 36 startups with training, mentorship, and funding, aiming to enhance digital innovation and youth empowerment.
Hefring Marine has partnered with UAE’s Blue Pass to expand its marine technology services in the Arabian Gulf, enhancing maritime safety, efficiency, and sustainability. This strategic alliance aligns with both companies’ commitments to innovation in the maritime sector.
Pakistan has risen 14 spots in the UN’s E-Government Development Index 2024, now ranking 136th. This marks its entry into the “High EGDI category,” reflecting significant improvements in digital governance. The Minister of State for IT praised the support from various governmental bodies for these advancements.
Kazakhstan has completed an interface station for the OneWeb satellite network, aiming to start commercial services within the year. Additionally, the nation is developing a new satellite constellation for Earth observation. Meanwhile, over 170 villages now have satellite internet access, despite recent controversies in the digital ministry.
Dubai’s du and HPE have partnered with the Commercial Bank of Dubai (CBD) to implement HPE GreenLake, enhancing CBD’s hybrid cloud capabilities. Hosted in du’s Tier III data centres, this solution aims to improve IT efficiency, security, and customer experience while supporting CBD’s five-year strategic digital transformation plan.
