Qatar Central Bank has launched a regulatory framework for digital banks to enhance the country’s financial sector. This move supports Qatar’s digital economy and financial inclusion, allowing 24/7 banking through mobile and online platforms. The framework aims to reduce costs and foster innovation in line with Qatar National Vision 2030.
BNET has completed the acquisition of Amwaj Islands’ fixed-fibre infrastructure network, expanding its network coverage. This move will enhance telecommunications services for local residents and users, supporting Bahrain’s national vision for competitive growth in the ICT sector. It will also allow consumers to choose from various service providers.
stc Group has partnered with 25 organizations to enhance employee careers through the Job Attachment Programme (JAP). The initiative offers hands-on experience, career exploration, and professional skill development. It fosters Saudi talent in various industries, with a 72% increase in participation, aligning with stc’s commitment to innovation and growth.
Alliance Networks has partnered with Northstar Telecom to enhance telecommunications and ICT services in Bahrain. The collaboration will provide high-speed broadband, secure data centers, and advanced connectivity solutions, including cloud access. This partnership aims to support digital transformation and strengthen cross-border communication in the region.
The 12th MEET ICT Conference and Bahrain International Technology Exhibition (BITEX) will focus on AI advancements, showcasing innovations in sectors such as cybersecurity, blockchain, and e-commerce. The event aims to foster business connections and explore investment opportunities, further supporting Bahrain’s ambition to lead in digital transformation.
Tunisia has granted 5G licenses to Tunisie Telecom, Orange Tunisie, and Ooredoo Tunisia, with the commercial rollout scheduled for 2025. The licenses include essential spectrum for 5G usage and will enhance mobile connectivity across the country. The move supports Tunisia’s Vision 2030 by fostering digital growth and attracting investment.
Zain KSA has launched the fourth edition of its ‘Women in Tech’ program, in partnership with Huawei, Nokia, Princess Nourah University, and the Ministry of Communications and Information Technology (MCIT). The program focuses on enhancing women’s participation in the ICT sector, offering specialized training and opportunities in STEM fields.
Appknox has launched AI-powered mobile security solutions in Saudi Arabia at Blackhat MEA 2024. These solutions, designed to meet the Kingdom’s digital security needs, offer comprehensive features such as SAST, DAST, API security, and compliance with SAMA regulations. Appknox’s local presence aligns with Saudi Arabia’s Vision 2030.
stc Group’s Job Attachment Program has partnered with 25 global organizations, providing employees with hands-on experience and career development opportunities. The program has seen a 72% increase in participation, empowering Saudi talent and boosting innovation. It bridges the gap between education and industry, fostering growth in AI and cybersecurity.
QIIB has launched a digital platform for managing Letters of Credit, making it the first bank in Qatar to do so. This platform enables businesses to submit, track, and manage LCs online, enhancing efficiency, compliance, and security. Available 24/7, it also offers real-time updates and cost savings for customers.
