Devsinc Acquires Alchemative Group to Expand in Booming Regional Ecommerce Market
Devsinc, a Pakistani IT company, acquires Alchemative Group, a leader in ecommerce and digital retail solutions, to capitalize on the growing regional market.
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CITRA Addresses Internet Disruption in Kuwait, Ensures Swift Service Restoration
CITRA has addressed the internet disruption in Kuwait caused by damage to one of the international cables connecting the country to the global network. The authority is closely monitoring repair efforts and investigating the incident to ensure preventive measures, such as using alternative cables, are implemented to avoid future disruptions.
STZA and Telenor Pakistan Sign MoU to Foster Innovation and Empower Youth in Pakistan’s Digital Future
STZA and Telenor Pakistan have signed an MoU to drive innovation, empower youth, and strengthen Pakistan’s digital ecosystem. The partnership will foster youth development through initiatives like innovation challenges, while supporting emerging technologies and local startups, positioning Pakistan as a key technology hub in the region.
Pakistan and Turkiye Strengthen Ties: Religious Harmony and Job Opportunities Discussed
Minister Chaudhry Salik Hussain of Pakistan met with Turkish Ambassador Irfan Nazir Oglu to discuss enhancing religious harmony, respect for humanity, and job opportunities for Pakistani workers in Turkiye. They also discussed expanding educational projects and machinery supplies to Pakistan, strengthening ties between the two countries.
Boubyan Bank Partners with Temenos for Core Banking Modernization
Kuwait’s Boubyan Bank partners with Swiss vendor Temenos to modernize its core banking systems, enhancing corporate, retail, and wealth management operations. The scalable platform supports Islamic banking, aiming to improve agility, efficiency, and personalized services. Boubyan joins other Temenos clients like Eurobank Cyprus, Haventree Bank, and Credicorp Capital.
Bahrain Celebrates National Days and 25th Anniversary of King Hamad’s Accession to the Throne
Bahrain’s National Days and the 25th anniversary of King Hamad’s Accession to the Throne were celebrated with a focus on unity and national progress. Dr. Shaikh Abdullah bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, reaffirmed the ministry’s commitment to advancing infrastructure and supporting Bahrain’s Economic Vision 2030.
Empowering Women in STEM: “Build By Her” Hackathon Ignites Innovation in Pakistan
The “Build By Her” hackathon series empowers women in Pakistan’s STEM fields, supporting women-led startups through mentorship and skill-building. The latest event saw innovative projects pitch for seed funding, highlighting the potential of women entrepreneurs to drive economic growth and technological progress across Pakistan.
Bahrain’s Arcapita Partners with Parkway Venture Capital to Invest in AI Portfolio
Arcapita, in partnership with Parkway Venture Capital, is investing in a high-growth AI portfolio focused on robotics, quantum computing, and generative AI. The portfolio includes Figure AI and SandboxAQ, aiming to provide exposure to early-stage businesses shaping the future of AI technology, a market expected to grow significantly by 2030.
CIRCLE Women Association Empowers Women Entrepreneurs in Pakistan with Aurora Tech Event
The event featured a “Women of the Future” segment, highlighting 10 promising startups led by women entrepreneurs.
Navigating the Future: Egypt’s Path to Sustainable Growth Through AI and Workforce Development
As the world recovers from the COVID-19 pandemic, the importance of AI and digital technologies in reshaping labor markets is critical. Egypt is urged to invest in education and workforce development to bridge skills gaps and embrace AI adoption, ensuring sustainable economic growth and competitiveness in the global landscape.
