Smpl Fund I Invests $250,000 in Qora71, Supporting AI and Tech Entrepreneurs in MENA
Abu Dhabi, February 4, 2025 – Smpl Fund I, a $10 million venture capital fund launched by SmplHoldings, has announced…
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Inauguration of New Public Security Directorate and Innovation Centers in Riyadh
Saudi Arabia’s Interior Minister, Prince Abdulaziz bin Saud bin Naif, inaugurated the General Directorate of Public Security building in Riyadh. He also opened the Innovation Center and the Indicators and Artificial Intelligence Center, launching new services on the Absher platform to enhance digital transformation in security operations.
Abu Dhabi Securities Exchange Expands Tabadul Hub with Amman Stock Exchange Integration
The Abu Dhabi Securities Exchange has successfully integrated the Amman Stock Exchange into the Tabadul Digital Exchange Hub, enhancing cross-border trading and investment opportunities in the region. The integration allows investors in both Jordan and the UAE to access a wider range of securities and participate in IPOs across markets.
Lebanon’s Ogero Telecom Works to Restore Connectivity Amid Conflict Damage
Lebanon’s state-owned telecom company Ogero is working to restore and expand the country’s connectivity after experiencing significant damage due to the Israeli conflict. With support from multiple donors, Ogero plans to upgrade its network infrastructure, increase LTE stations, and implement solar energy solutions, ensuring a sustainable and enhanced service.
BTRC Pushes Forward with National Equipment Identity Register, but Industry Concerns Persist
Bangladesh’s Telecommunication Regulatory Commission (BTRC) is advancing the National Equipment Identity Register (NEIR), which requires a triplet-based registration system linking IMEI, National ID, and SIM details. While aimed at curbing illegal handsets, concerns over the complexity of deregistration, especially for women and rural users, have been raised.
Mubadala Boosts Global Digital Infrastructure with Investment in Yondr Group
Mubadala Investment Company has invested in Yondr Group, enhancing its global digital infrastructure portfolio. This partnership will support Yondr’s growth in hyperscale data centers, driven by increasing demands from AI, 5G, and IoT technologies. Yondr aims for net-zero emissions by 2030 through sustainable practices.
SLT-Mobitel Successfully Lands SEA-ME-WE 6 Submarine Cable in Sri Lanka, Boosting Global Connectivity
SLT-Mobitel has successfully landed the SEA-ME-WE 6 submarine cable in Matara, Sri Lanka, marking a significant step in enhancing the country’s global connectivity. The cable, offering 130 Tbps of high-speed connectivity, will be operational by mid-2026, positioning Sri Lanka as a key player in the global telecommunications network.
KaopuCloud and Mibura Join Qatar Internet Exchange Point to Boost Local Connectivity and Digital Innovation
Doha, July 6, 2025: The Communications Regulatory Authority (CRA) announced the onboarding of KaopuCloud, a global edge-cloud provider, and Mibura,…
Anxinsec Establishes Global Headquarters in Abu Dhabi to Drive Cybersecurity Growth
Anxinsec has established its global headquarters at the Abu Dhabi Global Market in collaboration with the Abu Dhabi Investment Office. This move aims to enhance cybersecurity capabilities across the region, providing very-high-throughput services to 26 African countries and positioning the UAE as a leader in digital security solutions.
Visa Brings Google Wallet Integration to Jordan for Seamless Digital Payments
Visa has partnered with Google to enable Visa cardholders in Jordan to add their cards to Google Wallet, supporting contactless payments via Android and Wear OS devices. This integration promotes the adoption of digital payments, enhancing security and convenience for locals and tourists, while advancing Jordan’s cashless transaction shift.