Technology News and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Liberia, ECOWAS, and the World Bank collaborate on a second subsea cable to connect five West African countries, improving network redundancy and digital infrastructure. This initiative aims to ensure more reliable internet access and strengthen regional connectivity beyond the current single ACE cable.
Kuwait International Bank (KIB) has launched “Fast Transfer,” a new international remittance service in collaboration with Visa. Available through KIB’s mobile banking app, the service offers instant, transparent, and fee-free transfers to 40 international destinations. This service enhances KIB’s position as a leader in digital banking innovation in Kuwait.
IFS will showcase its industrial AI-powered Asset Lifecycle Management solutions at the World Utilities Congress in Abu Dhabi, helping utilities modernize infrastructure and enhance operational resilience. The launch of IFS Cloud 25R1 enables predictive maintenance and smarter decision-making to support energy transition and sustainability goals.
Naver Corp plans to establish its Middle Eastern headquarters, Naver Arabia, in Saudi Arabia by the end of 2024. This strategic expansion aims to harness AI, cloud computing, and robotics technologies, aligning with Saudi Arabia’s Vision 2030 and enhancing Naver’s global business footprint.
Kuwait will host four Chinese delegations next month to discuss investments in infrastructure, logistics, and development projects, strengthening bilateral economic cooperation. Talks also focus on telecom partnerships, aligning with Kuwait’s national strategies and regional digital leadership.
Alef Education and AfricAI are launching an AI-powered learning initiative in Nigeria to improve education access and outcomes at scale.
QNB is positioning itself at the centre of Qatar’s fintech evolution by modernising banking infrastructure, embracing cloud and AI, and fostering global collaboration through Web Summit Qatar. The bank’s strategy aligns digital innovation with national objectives, strengthening Qatar’s ambition to become a leading regional hub for financial technology.
Zain Omantel International, Horizon Scope Telecom, and ITPC have launched a secure terrestrial fibre corridor from the Middle East to Europe via Iraq, enhancing connectivity, reducing latency, and providing a resilient alternative to undersea cables for businesses and telecom operators.
Orange Egypt showcased its innovations in 5G, AI, smart cities, and youth empowerment at Cairo ICT 2024, emphasizing its role in Egypt’s digital transformation. The company also introduced its smart city solutions, 5G network capabilities, and impactful community programs, reinforcing its commitment to driving innovation and entrepreneurship.
Bahrain has launched its first national DPI for trade, using secure digital ledger technology to boost SME financing, reduce fraud, and expand liquidity in the trade finance market. Built in partnership with Singapore’s MonetaGo, the system forms a cross-border digital bridge linking Middle Eastern and Asian financial hubs.