Zoom Video Communications has appointed Mohannad AlKalash as the managing director for the Middle East, Turkey, Africa, and Pakistan. AlKalash will lead Zoom’s expansion in the region, particularly aligning with Saudi Arabia’s Vision 2030. He brings extensive experience from Cisco and has founded the CyberxWorld platform.
Samsung Electronics plans to establish Egypt as a regional hub for electronics production and exports, targeting markets in the Middle East, Europe, and Africa. The company’s Beni Suef factory already exports 85% of its television production to 55 countries, creating 5,000 job opportunities and producing 6 million units annually.
e& Egypt has launched its first instant international money transfer service through the e& Cash digital wallet, allowing users in Egypt to receive remittances instantly and securely from the UAE and Saudi Arabia. This initiative enhances financial inclusion and simplifies cross-border transfers, supporting the country’s push towards digital financial solutions.
audi Arabia also achieved 1st place among the G20 countries in the pillar of meaningful connectivity and 2nd place in the pillar of universal connectivity.
The framework utilizes AI to analyze over 70 billion data points for improved transport services and infrastructure planning.
Maseera Holding has acquired ADVA, establishing it as a technology and data analytics hub for North Africa. The integration of Maseera’s AI will transform ADVA’s platform, providing inclusive, personalized lending solutions for underserved populations in Egypt, with a focus on essential services like healthcare and education.
Egypt has signed an MoU with ZTE to launch local telecommunications equipment manufacturing and establish 5G training labs. This partnership will enhance Egypt’s tech industry, boost export capabilities in the MENA region, and train 1,200 ICT professionals over three years.
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.
Visa has made strategic investments in Tunisian fintech Konnect and Moroccan startup PayTic, enhancing its commitment to Africa’s fintech ecosystem. These investments are part of Visa’s ongoing USD 1B initiative, empowering startups with funding and mentorship. Konnect offers instant payments via shareable links, while PayTic provides compliance tools for financial institutions.
Pakistan is considering the integration of artificial intelligence (AI) into its education system, with a focus on developing an AI curriculum from primary to university levels. Dr. Ishfaq Ahmad emphasized the need to prepare students with the necessary skills to thrive in a rapidly evolving global tech landscape.
