Thawani Technologies has secured a spot on Forbes Middle East’s Top 50 Fintech Companies for the second year, advancing to 36th place in 2025. The company’s growing influence in Oman’s fintech sector reflects its commitment to digital transformation and financial inclusion, aligning with Oman Vision 2040.
Rowad Capital Commercial (RCC) will acquire a 60% stake in Uganda Telecommunications Corporation (UTel) as part of a plan to manage and commercialize Uganda’s ICT National Backbone Infrastructure. The partnership involves an initial investment of US$25 million, with plans to invest an additional US$200 million over three years.
iBLOCKCHAIN and Nesma United Industries have formed a strategic partnership to drive ‘Intelligent Transformation’ in Saudi Arabia’s industrial sector. This alliance, aligning with Saudi Vision 2030, will leverage advanced technologies like AI and blockchain to enhance operational capabilities and set new standards in industrial operations.
Telecom Egypt and Vodafone Egypt have signed strategic agreements valued at EGP 30 billion to enhance infrastructure and support the launch of 5G services. The partnership aims to expand fibre-optic networks and improve mobile network capabilities, contributing to Egypt’s growing ICT sector and 5G rollout.
PTA issued 177 telecom licenses in the fiscal year 2023-24, bringing the total number of licenses issued to 2,140. The fully digitized licensing system improves efficiency and accessibility, particularly benefiting remote regions. This advancement aims to foster inclusivity and transparency in the telecom sector, enhancing overall service delivery.
Orange Jordan hosted a sign language training session to enhance communication with colleagues and customers who have hearing disabilities. This initiative is part of the company’s commitment to promoting digital inclusion and supporting persons with disabilities, alongside the launch of a digital inclusion catalog.
Bahrain’s Minister of Transportation and Telecommunications, Mohammed bin Thamer Al Kaabi, participated in a tree planting event at the ministry’s headquarters, aligning with the national goal of carbon neutrality announced by King Hamad. The initiative also coincides with the National Tree Week launched by Crown Prince Salman.
The fair featured 35 leading employers, including 20 global firms and 15 local companies, collectively offering more than 700 job opportunities in software development, embedded systems, and other IT fields.
Ooredoo Kuwait has reviewed its 2024 achievements and set a forward-looking strategy for 2025, with a focus on artificial intelligence (AI) and digital transformation. The company plans to enhance technological infrastructure and customer service, contributing to Kuwait’s Vision 2025 and reinforcing its leadership in the regional telecommunications market.
OPUL Jets has partnered with SpaceX’s Starlink Aviation to enhance in-flight connectivity by equipping its fleet with advanced satellite internet technology. This collaboration will provide high-speed, low-latency internet services, ensuring passengers enjoy seamless access to streaming and online activities during their flights from Al Maktoum International Airport.
