Outlier Ventures has unveiled its “Post Web Thesis,” predicting a shift to a decentralized internet powered by AI and blockchain. The Post Web will focus on an “intention economy,” where AI agents perform tasks for users, simplifying the internet and transforming digital interactions. The Middle East is a key region for early adoption.
The Moroccan government has announced a new program to extend high-speed internet to 1,800 rural areas, part of its National Plan for the Development of High and Very High Speed Broadband. This initiative, aligned with the National Digital Development Strategy 2030, aims to boost economic growth, improve public services, and foster digital inclusion.
Ooredoo Qatar has signed a Memorandum of Understanding with Schneider Electric at CONTEQ Expo 2024 to enhance digital transformation in Qatar. This partnership aims to integrate advanced technologies like AI and cloud computing, promoting sustainability and efficiency across key sectors, aligning with Qatar’s Vision 2030.
Hub71’s Cohort 16 welcomes 27 startups, collectively raising $145 million, with 63% headquartered outside the UAE. Startups from key sectors like FinTech, HealthTech, and ClimateTech are set to scale in Abu Dhabi. The initiative strengthens the UAE’s digital economy and reinforces its position as a global tech hub.
ADNOC has launched the ‘Make it with ADNOC’ mobile app to enhance local manufacturing and support the UAE’s ‘Make it in the Emirates’ initiative. The app provides real-time access to ADNOC’s procurement pipeline, helping businesses engage directly and make informed investment decisions, strengthening national supply chains.
SAFE and iot squared have signed an MoU to collaborate on secure IoT solutions in Saudi Arabia. The partnership focuses on developing new security technologies, including SaaS offerings, and integrating advanced security solutions like PSIM software and video surveillance, contributing to the growth of the IoT infrastructure and security sectors.
Ooredoo has secured Kuwait’s first Fibre in the Gulf (FIG) submarine cable landing, enhancing regional and global connectivity. With a capacity of up to 480 Tbps, the cable will support cloud services, AI, and digital transformation. This project strengthens Kuwait’s position as a key data transit hub.
Jack Jendo, CEO of Brain Digits, introduced the concept of digital twins for personal growth at TEDx in Duhok, Iraq. He demonstrated how AI-powered digital twins, like his own TwinJack, can aid in self-reflection, decision-making, and creativity. Jendo envisions digital twins transforming sectors like healthcare, education, and urban planning.
Saudi Arabia will implement mandatory USB-C charging for mobile devices starting January 1, 2025. This initiative aims to enhance user experience, reduce electronic waste, and cut costs for consumers. The first phase will cover various devices, with laptops included in a second phase starting April 1, 2026.
Mobily and iBASIS have renewed their multi-service IPX agreement, enhancing mobile data services and network scalability. This partnership, which began in 2014, ensures reliable connectivity and efficient management of increased mobile data traffic. The renewal will support Mobily’s growth, particularly during peak demand periods like Hajj and Ramadan.
