Maroc Telecom has agreed to a $640 million settlement with Wana Corporate, resolving a longstanding dispute over unfair competition practices. This record penalty highlights a major shift in enforcing fair competition laws in Morocco’s telecom sector, potentially reshaping the industry’s regulatory landscape.
Cairo Amman Bank has partnered with Mastercard to improve cross-border money transfers for its customers in Jordan using Mastercard Move’s capabilities. This collaboration aims to enhance financial inclusion and facilitate secure, efficient payments to 37 countries. The partnership also includes tailored fraud analytics and risk control services.
VEON Ltd. celebrates the recognition of its subsidiaries, Mobilink Microfinance Bank and Banglalink, for their efforts in digital inclusion, winning three awards at the M360 APAC event. Mobilink’s “Invisible Heirs” campaign and Banglalink’s healthcare initiatives exemplify their commitment to empowering underserved communities through technology.
Teams from Kuwait and the UAE secured the top spots at the Tech4Good regional semifinals in Tashkent, part of Huawei’s Seeds for the Future 2024 program. Celebrated for innovative solutions aiding stroke patients, these teams will advance to the finals in China, showcasing significant advancements in ICT for healthcare.
Egyptian fintech company MNT-Halan has secured US$157.5 million in funding to support its global expansion. Founded in 2018 to provide digital banking solutions for the unbanked, MNT-Halan’s ecosystem includes business lending, consumer finance, and e-commerce. With over 2.2 million active users, the company aims to extend its innovative financial services internationally.
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.
Orange Jordan sponsored an IoT event at PSUT, bridging the gap between academia and industry while promoting innovation in technology. The event featured expert talks and workshops on the latest IoT developments, providing students and professionals with a platform for collaboration and exploring new opportunities in the tech sector.
e& Carrier & Wholesale is expanding globally with new strategic hubs in Miami and Johannesburg, while enhancing its presence in London and Singapore. This expansion strengthens its role in providing advanced connectivity services, including AI-driven solutions, to telecom operators, enterprises, and digital-first businesses in emerging markets.
du has partnered with Telefónica to accelerate innovation and business growth, joining the Telefónica Partners Program. This collaboration strengthens du’s capabilities and aligns with the UAE’s digital vision. The partnership explores joint opportunities across B2B, B2C, innovation, and digital services, enhancing the UAE’s global digital presence.
e& enterprise has launched its Utility Co-Pilot, an AI-powered virtual assistant now available on Microsoft Marketplace. This innovative solution leverages Generative AI and data management to enhance utility management, improve efficiency, and boost customer satisfaction. The Utility Co-Pilot offers real-time updates, automation, and personalized experiences for utility providers and customers.
