Batelco has launched Basma, an AI-powered digital assistant designed to enhance customer experience. Available 24/7 in English and Arabic, Basma assists with bill inquiries, usage tracking, package installments, and more. This initiative marks a significant step in Batelco’s digital transformation and technological advancement in Bahrain’s telecom sector.
Zain has signed a Memorandum of Understanding (MoU) with Kuwait University to promote the knowledge economy in Kuwait. This partnership will focus on enhancing innovation and digital skills among youth, supporting various initiatives aimed at fostering collaboration in science and technology for workforce readiness.
Telecom Egypt has secured a $200 million medium-term loan from Banque Misr UAE to refinance short-term facilities. The five-year loan will be repaid using foreign currency revenues, enhancing the company’s liquidity and aligning with its proactive capital expenditure strategy to mitigate forex risks.
This development marks a significant milestone in the UAE’s aerospace sector and pushes the boundaries of HAPS technology.
Sabre Corporation recently hosted a Technology Day in Jeddah, showcasing innovations for Saudi Arabia’s travel industry. The event emphasized Sabre’s commitment to the region and featured demonstrations of cutting-edge travel technologies designed to enhance customer experiences. Partnerships with local airlines further reinforce Sabre’s dedication to driving industry innovation.
A study in the International Journal of Economics and Business Research highlights how digital transformation is enhancing efficiency in Jordan’s financial systems. Researchers from Al-Hussein Bin Talal University found that adopting digital tools improves decision-making and positions companies for competitive advantage, fostering economic growth in the Jordanian economy.
The Communications Regulatory Authority (CRA) in Qatar promotes the use of AI and facial recognition for digital SIM card registration, enhancing convenience and aligning with Qatar’s Vision 2030 objectives.
Telr has expanded into Jordan and Bahrain, enhancing ecommerce by providing local businesses with access to secure online payment solutions. This move responds to the growing demand for digital transactions, enabling merchants to reach both local and global markets, and supports the region’s digital transformation.
Egyptian fintech company MNT-Halan has secured US$157.5 million in funding to support its global expansion. Founded in 2018 to provide digital banking solutions for the unbanked, MNT-Halan’s ecosystem includes business lending, consumer finance, and e-commerce. With over 2.2 million active users, the company aims to extend its innovative financial services internationally.
Morocco has launched its Digital 2030 strategy, aiming to transform the economy and society by creating 240,000 digital jobs and generating 100 billion dirhams ($10.36 billion) for GDP. The plan includes launching 3,000 startups and expanding 5G coverage, emphasizing the importance of digital infrastructure and innovation.
