Dubai-based e& has received European Commission approval to acquire a controlling interest in PPF Telecom, covering operations in Bulgaria, Hungary, Serbia, and Slovakia. This decision, which comes three months ahead of schedule, facilitates e&’s strategic expansion into the European telecom sector.
Dell Technologies has partnered with Saudi-based Ejada to advance AI and multi-cloud solutions, focusing on innovation in Saudi Arabia. This strategic collaboration, aimed at driving technological advancements, was sealed with an MoU signed at the 24 Fintech Summit in Riyadh.
E7 Group has partnered with SAP and NTT DATA Business Solutions to drive its digital transformation, aiming to enhance operational efficiency and global competitiveness. The partnership will utilize SAP’s S4/HANA ERP software and RISE cloud platform to streamline processes and improve business agility.
Kearney will highlight AI and VR’s roles in security at Intersec Saudi Arabia, focusing on predictive and personalized solutions for smart cities. The event will feature discussions on global threats and innovative security strategies from October 1 to 3.
Türkiye has successfully received its first 5G signal from a domestically produced network developed by ULAK. This milestone highlights the country’s progress towards building an independent 5G infrastructure, with plans for nationwide rollout by 2026.
Bahrain has advanced to 18th globally in the 2024 UN E-Government Development Index, thanks to its strengthened telecommunications infrastructure. The Kingdom also ranked 10th in the Telecommunications Infrastructure Index, marking significant progress in its digital transformation journey.
Pakistan’s IT exports hit $3.223 billion in 2023-24, with a government target of reaching $25 billion in five years. The HBL-P@SHA ICT Awards 2024 celebrated innovation in the IT sector, recognizing 33 Gold and 47 Merit Award winners for their contributions to the country’s digital economy.
Naver Corp plans to establish its Middle Eastern headquarters, Naver Arabia, in Saudi Arabia by the end of 2024. This strategic expansion aims to harness AI, cloud computing, and robotics technologies, aligning with Saudi Arabia’s Vision 2030 and enhancing Naver’s global business footprint.
Network International has partnered with Tabby to offer UAE eCommerce merchants BNPL options, allowing consumers to split purchases into four interest-free payments. This collaboration aims to enhance online shopping experiences and expand digital payment methods in the region.
TSMC and Samsung Electronics are discussing potential semiconductor projects in the UAE, possibly exceeding $100 billion. These early-stage talks aim to expand global chip production, with funding potentially from Abu Dhabi’s Mubadala.
