Saudi Arabia is transforming its industrial cities into smart cities as part of its national diversification plan. The country is embracing cutting-edge technologies like AI, robotics, and 3D printing to drive economic growth, enhance manufacturing efficiency, and establish itself as a regional hub for technological innovation and research.
Dialog Axiata collaborates with ICTA and industry leaders to unveil the Innovation Challenge, welcoming Sri Lankans to lead the charge in digital innovation with substantial rewards and investment prospects.
The Algerian Economic Renewal Council (CREA) led by Kamel Moula concluded discussions on technical proposals to revive Algeria’s mobile phone industry. Over five months, industry leaders collaborated to shape the future of assembly, production, and R&D in line with national goals.
Egypt-based fintech Bokra has partnered with the Canadian International College to launch a USD 200,000 fund supporting aspiring student entrepreneurs. The initiative introduces Bokra Academy, which aims to bridge academia and industry by providing essential skills, certified courses, and access to employment or funding for entrepreneurial ventures.
The Pakistan Telecommunication Authority (PTA) held the Cybersecurity Awards 2024 in Islamabad to recognize achievements in enhancing cybersecurity within the telecom sector. Minister of State Shaza Fatima Khawaja highlighted the government’s commitment to a robust cybersecurity framework, while shields were awarded to leading telecom entities for improving Pakistan’s Global Cybersecurity Index ranking.
Bank Alfalah has acquired a 9.9% stake in Jingle Pay, a UAE-based fintech specializing in cross-border remittances. The partnership will enhance Bank Alfalah’s digital transformation and support Jingle Pay’s expansion, including a planned launch in Pakistan in early 2025. Jingle Pay processed $1 billion in remittances in 2024.
The cornerstone of Wahyd Logistics’ disruptive strategy is its digital Logistics Marketplace. This platform acts as a crucial link between businesses in need of logistic services and the providers capable of fulfilling those requirements.
EdfaPay, a Riyadh-based fintech platform, has successfully closed a $5 million pre-Series A funding round. The investment will support its expansion across the MENA region and Pakistan, enhancing its digital payment solutions for SMEs. The platform’s SoftPOS technology and payment gateway services continue to attract regional and global partners.
Nokia has opened its first Innovation Center in Salé, Morocco, marking a significant step in advancing digital transformation in Africa and the Middle East. This facility will serve as a research hub, supporting 5G readiness and providing training to enhance digital skills in alignment with the Digital Morocco 2030 initiative.
The Dubai Foundation for Women and Children (DFWAC) has launched initiatives to prepare children for the school year, focusing on psychological readiness, self-confidence, and emotional well-being. The foundation’s events and campaigns promote kindness, inclusivity, and family support while addressing concerns such as anxiety, bullying, and social challenges in the school environment.
