Al Ansari Financial Services has completed its $200 million acquisition of BFC Group Holdings, expanding its market leadership in the Gulf region. The acquisition increases its customer base by 29% and branch network by 60%, while enhancing its digital and AI capabilities to further strengthen its position in financial services.
Core42 and Gecko Robotics have partnered to integrate advanced robotics and AI-driven software into key sectors like energy and public infrastructure in the UAE. This strategic alliance aims to enhance efficiency, safety, and operational excellence across critical infrastructures, leveraging Gecko’s innovative technologies and Core42’s extensive industry insights.
Vodafone Qatar participated as a strategic partner in Qatar Social Responsibility Week 2024, highlighting its commitment to sustainability and social responsibility. Key executives emphasized the importance of collaboration between the public and private sectors in achieving Qatar’s sustainability goals, aligning with the national strategy and Vision 2030.
Omantel and Zain Omantel International are co-hosting the 11th annual Global Carrier Community Meeting (GCCM) in Muscat on November 5th and 6th. The event will showcase Salalah’s growth as a connectivity hub and feature masterclasses from Google and AWS, aligning with Oman’s Vision 2040.
A recent study in the UAE revealed that scams are a growing issue, with 56% of residents encountering scams monthly. Awareness of AI-driven scams is high, but many still fall victim. Despite emotional and financial impacts, only 30% report incidents to authorities, highlighting the need for greater cybersecurity education.
Zain KSA has signed a sponsorship agreement with the Saudi Games for the 2024 edition, marking its commitment to promoting sports and empowering young athletes. This partnership aligns with Saudi Vision 2030, focusing on enhancing the Kingdom’s position as a global sports hub through innovation and collaboration.
e& UAE has introduced autonomous drone-based telecom tower inspections powered by AI. This innovation improves the safety, efficiency, and sustainability of infrastructure maintenance. The drones, managed via the Drones Operations Centre, detect anomalies and provide proactive maintenance insights, supporting faster decision-making and enhancing network resilience.
e& and DE-CIX have partnered to establish an Internet corridor between the UAE and India. This collaboration combines e&’s global connectivity with DE-CIX’s Internet exchange services to deliver high-speed, reliable internet, enhancing digital innovation and user experience across the Middle East and India.
Wajeez, a logistics startup, has expanded from smaller cities in eastern Algeria to the capital, Algiers, and is now planning to grow across Africa. The platform, offering food delivery and personalized shopping, includes features like loyalty programs and Wajeez Gold subscription for exclusive benefits. It has also expanded to Senegal.
King Abdulaziz University has launched an AI-focused student exchange program with the University of Oxford, covering cybersecurity, data science, and software development, aiming to equip students with cutting-edge knowledge and real-world solutions.
