Technology News and insights in the Middle East, South Asia, and Africa
Qatar’s technology acceleration, driven by AI adoption and robust government investment, has propelled its innovation rankings and digital economy growth. With strong leadership embracing GenAI, quantum computing, and industry collaboration, Qatar is building a resilient, diversified economy aligned with its 2030 vision.
STC Bank, the digital banking arm of Saudi Telecom, has received an $800 million capital infusion to expand its services. The funds will enable the bank to offer a wider range of financial products, supporting its strategy to diversify and contribute to Saudi Arabia’s Vision 2030 by modernizing its financial sector.
Sri Lanka Telecom Group reported Rs. 4.3 billion in profit for 1H 2025, rebounding from last year’s loss. SLT PLC and Mobitel both posted strong turnarounds, supported by cost management, governance reforms, and steady revenue growth. The performance signals renewed strength for the telecom giant’s role in Sri Lanka’s digital economy.
Zain Bahrain has been named one of the Top 50 strongest companies in Bahrain by Albilad Press for the second consecutive year. This recognition highlights the company’s resilience, innovation, and commitment to customer satisfaction. Zain Bahrain maintains a Bahrainization level of over 93%, supporting local workforce development and contributing to the kingdom’s sustainable future.
Zain KSA has partnered with Huawei to pilot network slicing for online gaming sessions over its fixed wireless broadband service. The trial, using Huawei’s gaming accelerator, resulted in a 90% reduction in jitters and a 70% decrease in latency, enhancing gaming performance. The proof of concept will advance Zain’s FWA broadband service.
SeamlessHR, a Nigerian HR tech company, has raised $9 million in a Series-A extension round from the Gates Foundation and Helios Digital Ventures. The funds will support the company’s expansion across Africa and potential acquisitions. This brings the total funding raised by SeamlessHR to about $25 million.
Ooredoo Group and ITPC have signed an agreement to land the Fibre in Gulf (FIG) subsea cable in Iraq, positioning the country as a major hub for global data traffic between Asia and Europe. The cable will enhance Iraq’s digital infrastructure and drive growth in AI, Cloud, and IoT sectors.
The Dubai Chamber of Digital Economy (DCDE) will showcase Dubai’s digital business ecosystem at Expand North Star 2024, highlighting opportunities for startups and investors. The chamber will present initiatives like ‘Launchpad Dubai’ and ‘Create Apps in Dubai,’ aimed at enhancing digital skills and supporting business growth in the emirate.
Cassava Technologies has partnered with eFinance Investment Group to drive the adoption of digital solutions in Egypt and the MENA region. The collaboration, announced at the Cairo ICT Exhibition, combines Cassava’s African infrastructure with eFinance’s expertise in digital payments, aiming to accelerate digital transformation across key sectors.
Swiss-regulated crypto bank pioneers institutional access amid growing ETF momentum ZUG, Switzerland–(BUSINESS WIRE/AETOSWire)– AMINA Bank AG (“AMINA”), a Swiss Financial…