This partnership is set to empower African communities, governments, and businesses, and represents a significant step toward realising the shared goal of financial inclusion and economic advancement across Africa
90% of leading Middle East retailers have implemented DMARC, with 40% using the strictest “reject” policy to block fraudulent emails.
The facility will cater to cloud providers, AI platforms, and other digital businesses, leveraging the latest technologies to meet their needs.
The Competition Commission of Pakistan (CCP) has completed its Phase-II review of PTCL’s $400 million acquisition of Telenor Pakistan and Orion Towers. The deal, which involves significant changes in market share across various telecom sectors, is being carefully examined to ensure fair competition and protect consumer interests.
Omantel’s financial results for the nine months ending September 30, 2024, showed a net profit of RO187.5 million and a 2.2% growth in revenues. Despite a decrease in domestic net profit due to investments in network expansion, the group remains on a solid growth trajectory, with Zain Group also posting strong revenues.
Shaza Fatima Khawaja, Pakistan’s Minister of State for IT and Telecommunication, met with an Omani delegation to discuss collaboration in the IT and telecom sectors and preparations for Comex 2025. The event is seen as an opportunity for Pakistan to showcase its tech capabilities and enhance bilateral ties in these sectors.
Zain has made significant strides in sustainable technology by adopting green solutions across its networks. The company is on track to achieve Net Zero emissions by 2050, focusing on energy-efficient products and network innovations. Its green initiatives have already cut emissions across 1,800 sites, promoting sustainability in the MENA region.
The MENA ICT Forum 2024, held at the Dead Sea, concluded with key recommendations focused on advancing regional technology innovation. The forum emphasized areas like financial technology, cybersecurity, and AI, while also stressing the importance of entrepreneurship, education, and workforce development. These steps aim to enhance global competitiveness in the tech sector.
Ariika, an Egyptian home furnishing e-commerce startup, has raised $3 million in Series A extension funding, led by Beltone Venture Capital and Citadel International Holdings. The new capital will fuel its expansion in Saudi Arabia and Iraq, with Ariika poised for significant growth in the MENA home décor market.
Artificial Intelligence is transforming financial services in Bangladesh, enhancing operational efficiency and customer experience, while also broadening financial inclusion. AI applications range from customer service chatbots to sophisticated fraud detection algorithms, contributing significantly to the development of a more inclusive and efficient financial landscape.
