Banglalink IPO

Banglalink Delays IPO Amid Market Uncertainty, Optimistic for 2024

Banglalink, Bangladesh’s third-largest mobile operator, is postponing its IPO launch due to current market conditions, including political uncertainties and underperformance of telecom stocks. The company, optimistic about a 2024 IPO, has also explored partnerships with digital banks and recently initiated a national roaming field trial with Teletalk. Challenges include non-implementation of SMP restrictions and unfeasible regulations for SIM-locked handsets.

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Cybersecurity Solutions

Kaspersky to Showcase New Cybersecurity Solutions at Black Hat 2023 in Riyadh

Kaspersky announces its participation in the Black Hat 2023 conference in Riyadh, showcasing its new Managed Detection and Response (MDR) solution and Threat Intelligence service. These solutions, designed to enhance cybersecurity for organizations in Saudi Arabia, align with the country’s data sovereignty and privacy standards. Mohamad Hashem, General Manager of Kaspersky in KSA & Bahrain, highlights the company’s growth and commitment to supporting digital transformation security.

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Taly Set to Launch New Corporate and Individual Digital Payment Platforms

Taly, backed by Banque du Caire, is set to launch new digital payment platforms for corporate and individual users as part of its expansion strategy. The company, which already provides payment solutions to merchants, is enhancing its services with a focus on digital transformation and security, and aims to significantly increase its customer base and transaction volume.

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AI in Logistics

AI in Logistics: Steering the Future of GCC’s Supply Chain

This piece explores how AI is revolutionizing the logistics industry in the GCC, highlighting innovations like predictive analytics, autonomous vehicles, and smart warehousing. It includes case studies and examples, particularly focusing on Wahyd Logistics, and discusses the challenges and future outlook of AI in logistics, emphasizing its transformative impact on the region’s supply chain efficiency and economic growth.

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