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.
Microsoft has completed the construction of three Azure availability zones in Saudi Arabia’s Eastern Province, set to be operational by 2026. This new data center will support the Kingdom’s cloud infrastructure, accelerating digital transformation in line with Saudi Vision 2030, fostering AI development and economic growth across sectors.
Cellulant, a payments fintech company, has gained initial approval to operate as a Payment Service Provider in Egypt. This move allows it to offer versatile payment solutions for B2B and B2C transactions. The expansion comes as Egypt sees a surge in fintech services and changing consumer payment preferences, with Cellulant poised to enhance its presence in Africa’s evolving payment landscape.
Barq, a Saudi fintech leader, has partnered with Mastercard to enhance payment solutions in the Kingdom. Leveraging Mastercard Gateway, the collaboration aims to provide businesses and consumers with secure, efficient, and innovative payment systems, boosting fraud prevention and processing efficiency for Barq’s customers.
Nepal is set to lift its nine-month ban on TikTok, following new regulatory changes. The government initially banned the app over social harmony concerns but now plans to reintroduce it with stricter guidelines. The move comes after TikTok pledged compliance with local regulations, addressing concerns while balancing user freedom and safety.
The Economic Survey of Pakistan 2024 reveals significant growth in the IT and telecom sectors, driven by the China-Pakistan digital corridor. Investments in digital infrastructure, AI, and 5G networks are expected to boost startups, create jobs, and position Pakistan as a regional technology hub.
Telr has expanded its services into Jordan and Bahrain, enhancing the MENA region’s e-commerce sector. This move enables businesses to accept online payments and manage transactions efficiently, supporting local enterprises in reaching both local and global markets while contributing to economic growth and digital transformation.
Safaricom, M-Pesa Africa, and Sumitomo Corporation launch the Spark Accelerator program to support Kenyan start-ups, providing mentorship, funding, and go-to-market strategies to address the challenges of securing funding, market access, and scaling.
Kaspersky will provide AFRIPOL with crucial cyber threat data to improve forensic analysis and response capabilities.
RIDEZ has launched a comprehensive mobile app and AI-powered IoT device, RIDEZ PLUS, to support cyclists in the UAE. The app offers features like cycling shop listings, roadside assistance, and trainer searches, while RIDEZ PLUS ensures safety with real-time accident detection and SOS alerts, enhancing the cycling experience for all.
