21 November 2024
Headlines
Libya Contract Signing

Libya Joins Medusa Submarine Cable Project to Boost Telecom Services and Digital Transformation

Editor05 mins

Libya has entered into a significant agreement with the Medusa submarine cable project, connecting the nation to various Mediterranean countries and improving its telecommunications capabilities. The Libyan United International Company (LUIC), a consortium of private sector Libyan companies in the communications industry, signed the contract. This move will enable Libya to become a telecom and internet services exporter to African countries, enhancing its digital infrastructure, boosting economic prospects, and establishing the nation as a key digital gateway to Africa.

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Teletalk Banglalink Logos

Banglalink and Teletalk Announce National Roaming Field Trial to Enhance Mobile Connectivity in Bangladesh

Editor03 mins

Banglalink and Teletalk have initiated a national roaming field trial in Bangladesh, enabling their customers to access each other’s network coverage for the first time. This innovative collaboration aims to enhance mobile connectivity and promote network sharing between the operators, with a focus on seamless transition between networks in areas with coverage gaps. Once the field trial is completed, customers will enjoy expanded, seamless national coverage for all services. This initiative aligns with energy conservation and green infrastructure development and is already available in 22 countries worldwide.

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Sheikh Hamdan

Dubai Aims to Become a Global Gaming Hub by 2033

Editor03 mins

Dubai’s Crown Prince, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has approved the “Dubai Program for Gaming 2033,” aiming to make Dubai a top 10 global gaming city, create 30,000 jobs, and boost GDP by $1 billion by 2033. The initiative will support developers, designers, entrepreneurs, and startups in the gaming sector, focusing on talent, content, and technology. Three metaverse initiatives were also launched to cement Dubai’s leadership in metaverse development. The move aligns with Dubai’s vision to be a future-ready city, emphasizing technology and innovation.

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Riyadh Skyline

Saudi Arabia and Bahrain Foster Collaboration on Statistical Data Exchange

Editor02 mins

Saudi Arabia and Bahrain discussed enhancing collaboration in developing methodologies for vital indicators during the 9th International Conference for Statistical Data and Metadata Exchange. Top officials from both nations met to strengthen economic growth and bilateral ties. The event, organized by Bahrain, gathered international data experts to share insights and updates. Discussions centered on strategies to bolster sector collaboration. Co-organized with support from ESCWA and Banca d’Italia, the conference aimed to empower data communities through SDMX tools and technologies. It marked the first in-person gathering since 2019.

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Hub 71

Hub71 Welcomes 23 Innovative Startups with $53 Million Funding into its Ecosystem

Editor03 mins

Abu Dhabi’s Hub71 has welcomed 23 new startups in its latest cohort, collectively securing over $53 million in funding. These startups will join the Company Building Programme and receive substantial incentives and cash for equity. The surge in applications reflects Abu Dhabi’s growing appeal as an innovation hub. The startups span various sectors, including FinTech and ClimateTech. Some will join Hub71+ Digital Assets, benefiting from a network of partners. Two ClimateTech startups focus on sustainability. Hub71 offers mentorship, support, and a vast network, enhancing startups’ growth prospects in Abu Dhabi’s tech ecosystem.

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AI in Middle East

The Rise of AI in the Middle East

Editor07 mins

The Middle East is experiencing a significant surge in Artificial Intelligence (AI) adoption, reshaping various industries. Government initiatives and investments are driving AI development, particularly in healthcare, where AI-powered solutions are revolutionizing patient care and diagnostics. Education is becoming more personalized with AI-driven tools, and automation is enhancing business efficiency and customer experiences. While challenges like ethics and regulation exist, opportunities for AI startups are abundant, with AI poised to transform the Middle East’s economy and society. The region’s AI journey is a global story of innovation and growth.

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