
Flow48 Secures $69M Series A Funding to Expand into Saudi Arabiaand Scale Operations
Dubai, February 25th 2025 Flow48, a leading fintech transforming SME lending across emerging markets, is excited to announce today the…
Dubai, February 25th 2025 Flow48, a leading fintech transforming SME lending across emerging markets, is excited to announce today the…
Egypt’s telecom services saw significant improvements in Q4 2024, with better voice and data transmission. The country also received the 2024 Speedtest Award for Africa’s fastest fixed internet. As part of its digital infrastructure expansion, Egypt is replacing copper cables with fiber optics to enhance broadband speeds across the nation.
Bahrain’s cybersecurity market is poised for significant growth, expected to reach $529.89 million by 2029, driven by the adoption of advanced technologies like AI and IoT and supported by strong government initiatives.
Kuwait Airways has formed a strategic partnership with Ooredoo Kuwait’s subsidiary, FASTtelco, to enhance digital and media transformation. This collaboration integrates Platform 51 content into Kuwait Airways’ in-flight entertainment system, promoting Kuwait’s cultural and digital heritage worldwide while supporting the country’s Vision 2035.
Moroccan surgeon Youness Ahallal made history by performing the world’s first intercontinental robotic prostatectomy, remotely conducting the surgery from Shanghai while a team in Casablanca assisted. This breakthrough in telesurgery promises to improve healthcare access, reduce inequalities, and enhance surgical expertise across remote regions.
Mastercard is driving digital payment innovation across Egypt, Iraq, and Lebanon through strategic partnerships, advanced technologies like tokenisation, and fintech collaborations. The company is enhancing financial inclusion, promoting secure transactions, and strengthening cybersecurity, ensuring a resilient digital payment ecosystem while contributing to the region’s economic growth and transformation.
The RTA in Dubai and e& UAE have partnered to enhance smart mobility using advanced technologies like 5G, AI, and IoT. The collaboration focuses on improving traffic management, public transport services, and smart city infrastructure. The initiative aligns with Dubai’s vision to become the world’s smartest city.
Ooredoo has become the first MENA operator to adopt GSMA Camara open-network APIs, boosting 5G and IoT personalization for customers and developers. The deployment, launched in the Maldives, will expand across Qatar, Oman, Kuwait, and Algeria, enhancing service reliability and enabling digital innovation for businesses.
Beyon Solutions is nearing the acquisition of a controlling stake in Link Development, a regional software solutions provider. Announced at the Gateway Gulf Investor Forum 2024, the deal awaits final administrative conditions. This acquisition aims to enhance Beyon’s digital transformation capabilities across Egypt, Saudi Arabia, and the UAE.
Bahrain’s iGA met with Saudi Arabia’s Digital Government Authority during the GCC eGovernment Ministerial Committee meeting, discussing collaborative digital transformation initiatives.