Saudi Arabia is advancing its digital transformation by upskilling its youth in AI and STEM fields. Through strategic investments, such as a $40 billion AI fund and educational programs, the Kingdom is preparing its workforce to lead innovation and drive economic diversification.
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.
UAC Nigeria has launched the 1879 Tech Hub, a new initiative aimed at driving digital transformation in African businesses. The hub focuses on integrating technology into business operations, improving customer experiences, and helping companies become digital natives. It is designed to set new standards for business technology across the continent.
Telecom Egypt and Alcatel Submarine Networks have successfully landed the Africa-1 subsea cable at Ras Ghareb, Egypt, boosting connectivity across Africa, the Middle East, and Europe. This 10,000-kilometer, high-capacity system aims to enhance global data capacity and resilience for bandwidth-intensive needs.
Ufone 4G Pakistan has partnered with Samsung to offer smartphones at competitive prices through a new sales platform. Customers can explore and purchase devices via a dedicated webpage, with the convenience of doorstep delivery. This collaboration enhances digital accessibility and reflects Ufone 4G’s commitment to advancing connectivity and innovation across Pakistan.
CGX AERO hosted a workshop in Muscat to discuss the digital transformation of aviation, focusing on advancements in flight safety and aeronautical information systems. Over 50 aviation experts gathered to explore topics such as Aeronautical Information Management (AIM) and the implementation of Electronic Terrain and Obstacle Data for safer flight planning.
stc Bahrain has partnered with Huawei for the fourth edition of its Technical Capacity Programme, aimed at enhancing local talent in key ICT areas. The program will provide training in networking, cybersecurity, AI, and more, empowering Bahraini professionals to drive innovation and contribute to the nation’s digital transformation goals.
Telecom Egypt reported a 5.59% YoY decline in consolidated net profit for the first nine months of 2024, totaling EGP 8.637 billion. Operating revenues rose to EGP 58.43 billion. The company’s standalone profit also decreased during the same period, reflecting a challenging year for the telecom operator.
Tamkeen and Salica Investments have launched the second cohort of the Riyada Business Accelerator Program in Bahrain, inviting tech start-ups with MVPs or near-launch products to apply by December 4, 2025. The six-month accelerator will provide mentorship, funding, and commercialization strategies to empower entrepreneurs and help their businesses grow.
Egypt has launched the “Telephony” mobile app to combat mobile phone smuggling and promote local manufacturing. The app allows citizens returning from abroad to register phones for personal use, exempt from fees. The initiative aims to protect consumers, reduce unfair competition, and support Egypt’s digital transformation aligned with Vision 2030.
