Siemens and BAE Systems have signed a five-year agreement to enhance engineering and manufacturing technologies through digital transformation. This partnership aims to develop future capabilities across BAE Systems using Siemens’ NX software, Teamcenter PLM, and edge computing solutions, promoting sustainability, industrial digitalization, and supply chain modernization.
Bahrain will host the 6th International Space Forum at Ministerial Level – The Gulf Chapter (ISF 2024), the first in the MENA region, supported by the IAF and ISA. The event will discuss the future of space exploration, highlighting Bahrain’s and the GCC’s advancements in space science and technology.
Global leaders gathered at Wageningen University in the Netherlands to pledge support for making Bangladesh’s agriculture more resilient and sustainable. The roundtable focused on enhancing profitability for small farmers and introducing advanced agricultural technologies, with commitments from international experts and institutions to support long-term, impact-driven initiatives.
Huawei has launched AI initiatives to support Saudi Arabia’s Vision 2030, focusing on digital transformation and economic diversification. At the Huawei Cloud Summit in Riyadh, the company highlighted its advanced AI technologies and noted a tenfold increase in public cloud revenue in Saudi Arabia in 2023.
Maseera Holding has acquired ADVA, establishing it as a technology and data analytics hub for North Africa. The integration of Maseera’s AI will transform ADVA’s platform, providing inclusive, personalized lending solutions for underserved populations in Egypt, with a focus on essential services like healthcare and education.
Apple Pay has officially launched in Egypt, enabling users to make secure, contactless payments using Apple devices. The initial rollout includes partnerships with major banks like the National Bank of Egypt, Banque Misr, and CIB. This marks a significant step toward Egypt’s digital payment transformation and financial inclusion.
Ericsson and AXIAN Telecom have signed an MoU to collaborate on digitally upskilling youth across Africa. The partnership will leverage Ericsson’s Educate program to provide education in key digital fields like AI, 5G, and IoT, empowering students with essential skills for the digital economy and fostering long-term growth.
Iran and Iraq are deepening scientific cooperation, focusing on establishing science and technology parks and educational exchanges. The recent Iran-Iraq Science Week facilitated agreements to grant scholarships, exchange professors, and expand research collaborations. Iraq looks to Iran’s expertise in modern technologies to enhance its scientific infrastructure.
Telecom Egypt reported a 1.83% increase in Q1-2024 net profit, reaching EGP 3.88 billion. Consolidated operating revenues grew to EGP 17.48 billion. The standalone net profit rose to EGP 4.38 billion, with operating revenue at EGP 12.59 billion. The company plans to enhance cost efficiency and monetize assets generating foreign currency returns.
Rivada Space Networks has appointed Mustafa Afifi as Sales Director for the Middle East, focusing on sectors like telecom and satellite operations. The company’s Outernet, a low-latency satellite network, aims to revolutionize global connectivity. Rivada’s secure, high-bandwidth solutions are poised to meet the growing demands of enterprise and government clients.
