A professional and modern illustration depicting the significant growth in digital transactions in Pakistan. Include elements like mobile banking, dig

State Bank of Pakistan Reports Significant Growth in Digital Transactions for Q3 FY 2023-24

The State Bank of Pakistan’s Q3 FY 2023-24 report shows digital transactions comprising 83% of total retail payments, with 844 million transactions worth PKR 128,470 billion processed by banks and EMIs. Mobile and internet banking saw significant growth, and Raast processed 140 million transactions worth PKR 3,437 billion, highlighting rapid digital adoption.

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Oman Shura Council Refers Telecommunications Law for Further Review and Approves Key Bilateral Agreements

The Oman Shura Council has referred the Telecommunications and IT Regulation Law to the State Council for further review, aiming to modernize the sector’s regulatory framework. The session also saw approvals for maritime transport agreements and initiatives for World Heritage site development and enhanced personal communication channels.

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Bahrain Partners with UNDP to Drive Digital Transformation for Human Development

Bahrain’s UNDP and Derasat are collaborating on a National Human Development Report to enhance digital transformation. The report will provide a roadmap for bridging the digital divide, boosting cybersecurity, and integrating technology into public services to support inclusive growth aligned with Bahrain Vision 2030 and the Sustainable Development Goals.

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Visa Expands Digital Payment Innovations in Qatar, Aligning with Qatar National Vision 2030

Visa has introduced several digital payment innovations in Qatar, including the launch of ‘Click to Pay’, a biometric-enhanced solution, in line with Qatar’s National Vision 2030. These initiatives aim to boost digital payment adoption, support the fintech sector, and facilitate secure, user-friendly financial services for both consumers and businesses in the country.

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