Saudi Aramco’s Wa’ed Ventures Supports $30 Million Series B Funding for AI Startup Lucidya
Wa’ed Ventures backs Lucidya’s $30 million Series B funding, marking a record raise for an AI company in Saudi Arabia, joined by Impact46 and other investors.
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Historic “Biplomacy” Milestone: Pakistan’s Crypto Minister Meets El Salvador’s President to Forge Bitcoin Collaboration
Pakistan’s Crypto Minister Bilal Bin Saqib meets El Salvador’s President Bukele to formalize Bitcoin cooperation via a Letter of Intent, pioneering “Biplomacy” and advancing tech-driven bilateral crypto engagement.
Pakistan Telecommunication Authority Enhances Telecom Sector with Data-Driven Policies and Satellite Internet Regulations
PTA partners with Opensignal to monitor telecom network performance and enforces new satellite internet regulations requiring licenses for foreign providers, aiming to enhance connectivity quality and security in Pakistan.
Oman’s E-Commerce Sector Booms with Over 10,500 Licensed Businesses Amid Rising Digital Trade
Oman’s e-commerce sector is rapidly expanding, driven by social media marketing and regulatory support. While challenges like fraud and cancellations persist, government initiatives aim to build a secure, advanced digital trade environment.
World Bank Report: Mobile Money Drives Growing Financial Inclusion and Savings in Nepal
Mobile phone ownership in Nepal exceeds 80%, yet only 6% use mobile money. Despite this, mobile money drives formal savings growth amid persistent gender and access gaps. Digital finance and financial inclusion show promise for empowerment and economic development.
Aman Maharjan Wins Ncell’s First League of Creators Talent Hunt, Secures Rs 1 Million Brand Deal
Aman Maharjan wins Ncell’s League of Creators talent hunt, securing a Rs 1 million brand deal. The program, supported by expert mentors and a distinguished jury, spotlights Nepal’s rising digital creators and aims to fuel their career growth.
Moroccan Startup ORA Technologies Raises $7.5 Million to Boost Food Delivery and Mobile Wallet Services
ORA Technologies raises $7.5 million to scale its Kooul food delivery platform and ORA Cash mobile wallet, driving digital payments and e-commerce adoption in Morocco with a record-breaking funding round.
MyMonty Partners with Mastercard to Accelerate Digital Payment Adoption in Lebanon
MyMonty teams up with Mastercard to boost digital payment solutions in Lebanon, enhancing transaction security and convenience while supporting the nation’s transition to a cashless digital economy.
Bahrain and Kuwait Strengthen Strategic Partnership in Transportation and Infrastructure
Bahrain and Kuwait reinforce cooperation in transport and infrastructure, focusing on maritime connectivity and joint Gulf projects to promote regional integration and economic development under GCC vision.
Female-Led Startups Drive Innovation and Cultural Change in Kuwait’s Growing Tech Ecosystem
Kuwaiti women lead 41% of startups, driving innovation across sectors like fintech and e-commerce. Backed by Vision 2035 and support platforms, female founders are reshaping the economy and culture despite funding and regulatory challenges.