Lebanon’s Minister Kamal Shehadi Unveils $50 Million Strategy for Digital Transformation and AI Innovation

Lebanon’s Minister Kamal Shehadi outlined a $50 million strategy to digitize government services and drive AI innovation. The plan includes implementing a national digital ID, digitizing payments, and building AI infrastructure. Shehadi aims to transform Lebanon’s public sector, restore trust, and position the country as an innovation hub.

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Egypt Inaugurates African Space Agency Headquarters, Paving the Way for Continental Space Collaboration

Egypt has inaugurated the African Space Agency’s headquarters in the New Administrative Capital’s Space City, marking a key milestone in Africa’s space industry. The facility will foster continental collaboration, enhance Egypt’s satellite capabilities, and contribute to sustainable development goals. The country continues to lead space advancements in Africa.

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BBK Enhances AML Efforts with SymphonyAI’s AI-Based Technology for Improved Compliance

BBK has deployed SymphonyAI’s AI-driven anti-money laundering technology to enhance its transaction monitoring and customer due diligence processes across multiple countries. The AI-powered solution helps the bank improve financial crime detection, reduce false positives, and ensure compliance with evolving regulations in Bahrain, Kuwait, India, Turkey, and the UAE.

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Paymob Integrates Apple Pay in Egypt, Advancing the Nation’s Digital Payments Ecosystem

Paymob has integrated Apple Pay for Egyptian merchants, marking a milestone in Egypt’s digital payments transformation. The partnership enhances consumer convenience and security, enabling contactless payments via Apple devices. This integration aligns with Egypt’s Vision 2030, promoting financial inclusion and boosting the digital economy as the nation embraces fintech innovation.

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