Basata Holding Increases Stake in MadfoatCom to 25%, Strengthening Digital Payment Infrastructure in Jordan

Basata Holding has increased its stake in MadfoatCom to 25%, enhancing digital payment services in Jordan. The strategic acquisition, in partnership with major Jordanian financial institutions, aims to expand financial inclusion and improve digital infrastructure. The collaboration focuses on enhancing payment solutions, particularly for small and medium-sized enterprises (SMEs).

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Abu Dhabi Partners with Microsoft and G42 to Launch Sovereign Cloud System for AI-Driven Government Services

Abu Dhabi’s Department of Government Enablement has partnered with Microsoft and G42 to launch a sovereign cloud system aimed at improving government service efficiency. The collaboration will help Abu Dhabi become the world’s first AI-native government by 2027, supported by a substantial investment in AI-driven digital infrastructure.

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StartUp Bahrain and General Assembly Bahrain Partner to Empower Entrepreneurs with Cutting-Edge Tech Education

StartUp Bahrain has partnered with General Assembly Bahrain to support the growth of the Kingdom’s entrepreneurial ecosystem. This collaboration will provide access to cutting-edge tech education programs, empowering Bahraini founders with essential digital skills. The partnership aims to bridge the digital skills gap and foster innovation in Bahrain.

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Egypt Launches CREATIVA x MINT Tech Hackathon to Drive Youth Innovation and Entrepreneurship

Egypt’s Digital Egypt Creativity Centers (Creativa) and MINT by EGBank have launched the CREATIVA x MINT Tech Hackathon, a nationwide competition promoting digital innovation and youth entrepreneurship. Backed by ITIDA and Startup Factory, the event spans four cities and offers EGP 180,000 in total prizes, mentorship, and financial inclusion benefits, reinforcing Egypt’s Digital Transformation and youth empowerment agenda.

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