Palm Hills has partnered with ievents, Tayarah, and DigiSay Group to launch the Content Player Awards (CPA), a groundbreaking initiative celebrating the creator economy. The event will feature interactive workshops at Badya, followed by a grand awards ceremony. CPA aims to empower content creators and foster innovation in the Arab world.
Mobile Telecommunications Company K.S.C.P is expected to see significant growth starting in 2025, driven by ZainTECH, fintech initiatives, and 5G investments. Despite challenges such as high debt levels and economic risks in certain markets, the company’s strategic moves are set to boost revenue and EBITDA growth over the coming years.
Oman Broadband Company and ST Engineering have partnered to develop smart city solutions in Oman, supporting the country’s digital transformation under Oman Vision 2040. The collaboration will focus on advanced fibre-optic infrastructure, smart mobility, and sustainable urban development, aiming to position Oman as a regional hub for technology and innovation.
Ooredoo Kuwait and Huawei unveiled “CloudConnect,” a Network-as-a-Service (NaaS) solution, during GITEX Global, introducing Wi-Fi 7 technology for businesses. CloudConnect offers cloud-managed networking services, aligning with Kuwait’s digital transformation goals. Ooredoo Kuwait pioneers Wi-Fi 7, providing enhanced connectivity. The collaboration aims to drive digital transformation and improve network efficiency, data security, and compliance with local regulations. Ooredoo Kuwait leads in introducing Managed Wi-Fi 7, offering faster speeds and advanced security for businesses. This initiative aligns with Kuwait’s vision for economic and social development.
Microsoft has announced the establishment of an Engineering Development Center in Abu Dhabi, marking its first engineering hub in the Arab world. The center will focus on AI, cloud technologies, and cybersecurity, enhancing the UAE’s position as a tech innovation hub and attracting global talent.
Astra Tech has secured $500 million in financing for its fintech subsidiary, Quantix, to expand its consumer lending platform and Ultra app, which has over 150 million users globally. The funding will help enhance the app’s financial services and integrate more features, supporting growth in the UAE fintech sector.
Smpl Fund I has invested USD 250K in multiple AI and tech companies within the Qora71 portfolio, supporting the growth of the MENA tech ecosystem. The USD 10 million venture fund aims to foster AI innovation and provide seed capital to emerging startups in the region.
Trend Micro partners with Mobily to enhance cybersecurity in Saudi Arabia, offering advanced solutions and tailored cloud security for businesses.
Google for Education and Tech Valley Pakistan met with Minister Shaza Fatima Khawaja to discuss enhancing education for out-of-school children in Pakistan. They explored deploying educational tools and Chromebooks to bridge learning gaps, emphasizing public-private partnerships to transform Pakistan into a knowledge export hub and improve educational outcomes.
Porter has launched in the UAE, offering versatile delivery solutions in Dubai and Sharjah with a fleet that caters to various sizes, from small parcels to large freight. This move aims to enhance the efficiency of last-mile deliveries, filling significant gaps in the market and setting new standards in logistics.
