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Qardy Secures Significant Investment to Expand Digital Lending Marketplace

Egyptian fintech Qardy raised a seven-figure pre-seed round from White Field Ventures, Vastly Valuable Ventures, and angel investors. Founded in 2022, Qardy connects MSMEs with financial institutions. The investment will enhance Qardy’s platform, expand services in the MENA region, and accelerate growth in KSA, emphasizing transparency and customer satisfaction.

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Network International Partners with Ant International to Enhance Digital Payment Solutions in MEA

Network International has partnered with Ant International to enhance digital payment solutions across the Middle East and Africa. The collaboration aims to leverage Alipay+ Wallet Tech for e-wallet capabilities and expand payment solutions, providing seamless QR code payment experiences for consumers using their preferred digital payment methods.

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Mobily Signs Key MoUs at Connected World KSA to Advance Digital Infrastructure and Global Connectivity

Mobily signed several MoUs at Connected World KSA, enhancing global connectivity and digital infrastructure. Partnerships with IQNET, China Telecom, and Supercell Iraq aim to strengthen regional telecom solutions. Mobily’s investments in submarine cables, data centers, and local networks support Saudi Arabia’s Vision 2030, driving digital transformation across the region.

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Cairo Secures Spot Among Top 100 Global Science and Technology Clusters in 2024

Egypt’s Cairo has been ranked 95th in the 2024 Global Innovation Index’s top 100 science and technology clusters, making it the only North African city on the list. This recognition highlights Cairo’s patent activity, scientific publications, and collaboration with global inventors, reflecting Egypt’s ongoing efforts in innovation and technology development.

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