Maseera Holding has acquired Adva, an Egyptian fintech platform, to boost its regional expansion in North Africa. This acquisition enhances Maseera’s focus on financial inclusion by offering tailored financing solutions to underserved populations in Egypt. Adva will also apply for Egypt’s first digital consumer finance license.
Morocco’s Ministry of Digital Transition has partnered with FRDISI to support digital research and innovation. The partnership includes funding 18 doctoral theses, aligning with national goals to increase the ICT sector’s GDP contribution and create 125,000 new jobs.
LogRhythm | Exabeam has opened a new regional office in Riyadh to enhance cybersecurity in Saudi Arabia. This strategic expansion will support local organizations with AI-driven security solutions, improving threat detection and response. The move aligns with Saudi Vision 2030, fostering digital transformation and strengthening cybersecurity in the Kingdom.
Pakistan’s telecom sector faces challenges in its 5G rollout due to a decline in Foreign Direct Investment (FDI) and sector investments. FDI fell to $46 million in 2023-24, and investments dropped to $765 million, hindering the necessary infrastructure upgrades. The PTA emphasizes the need for government incentives and PPPs to boost investor confidence.
Qatar Airways will showcase its latest travel innovations at the Arabian Travel Market, including Sama’s AI booking system, Qsuite – Next Gen, and Qverse. The airline will also unveil Sama’s Arabic-speaking capabilities, enhancing accessibility and cultural relevance for its AI-powered digital human cabin crew.
The Qatar Investment Authority (QIA) plans to merge the telecommunications operations of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI). This integration aims to create a carrier-neutral digital infrastructure leader, enhance international connectivity, and support Qatar’s economic diversification and digital transformation goals, expected to close in Q4 2024.
AUD has launched two new programs in Game Design and AI in Business to support the UAE’s digital economy goals. These programs, aligned with the country’s Vision 2031, will equip students with essential skills for future roles in gaming and AI sectors. The programs will start in Fall 2025.
Nepal Telecom has partnered with the Civil Aviation Authority of Nepal (CAAN) to provide free Wi-Fi service at all airports in the country. Starting with Tribhuvan International Airport, the service will be expanded to other airports in phases. CAAN will also provide mobile charging stations and passenger assistance rooms.
The Bangladesh Mobile Phone Consumers Association has demanded the reversal of the recent tax hike on telecommunications and internet services. The new taxes, including an increase in VAT and supplementary duty on mobile phones and broadband internet, are expected to raise costs for consumers, prompting public protest.
Egypt has unveiled its updated National AI Strategy for 2025–2030, aiming to become a regional AI leader in the Middle East and Africa. The strategy focuses on key areas like governance, technology, and talent, with plans to grow AI’s GDP contribution to $42.7 billion by 2030 and foster AI companies and experts.
