Libya’s Telecommunications Holding Company and Italian Post have agreed to enhance Libyan postal services, focusing on postal, logistical, and digital financial services, and training personnel. An executive cooperation agreement will establish joint working teams for initiatives and projects.
Qatar is leading AI investments in the MENA region with $2.4 billion in incentives, aiming to enhance its AI capabilities and attract global experts. The initiative is part of Qatar’s strategy to build a smart economy, with digital investments projected to reach $5.7 billion by 2026, significantly boosting various sectors.
Egypt’s Ministry of Petroleum partners with Huawei on three key agreements to advance digital transformation in the oil and gas sector, focusing on training, green energy solutions, and data centers.
BNET and Huawei Bahrain have signed a MoU to enhance Bahrain’s fiber broadband experience. The partnership will deploy Huawei’s cutting-edge solutions, improving coverage for residences and businesses. This collaboration aims to position Bahrain as a global leader in fiber broadband, supporting the nation’s digital transformation and benefiting citizens and businesses alike.
Ooredoo Group has partnered with Nvidia to bring the full-stack AI platform to the Middle East, enhancing AI infrastructure and offering advanced AI tools to governments, enterprises, and startups across the region.
The UAE’s Telecommunications and Digital Government Regulatory Authority has launched the ICT Regulatory Sandbox to test new tech products and services. This initiative allows for a controlled environment to assess impacts before market release, fostering innovation and enhancing legal frameworks to support rapid technological advancements.
Leading Saudi telecom group stc has reported solid financial results for the first half of 2024, with a 4.79% increase in revenues, reaching SAR38.25 billion ($10.2 billion). Net profit surged by 7.73% to SAR6.6 billion, driven by growth in customer and carrier revenues, as well as subsidiary performance. The company’s “Dare 2.0” strategy and cost efficiency programs were key factors in achieving these results.
The Dubai Electronic Security Centre has launched the Dubai AI Security Policy to strengthen cybersecurity and support AI development, aiming to position the UAE as a global leader in artificial intelligence by 2031.
The Orange Maroc Foundation is set to equip 55 more schools with digital tools in rural Morocco, aiming to curb school dropouts. This expansion underlines the foundation’s commitment to enhancing education through digital access, supporting over 17,000 students and training 200 teachers.
The UAE will enhance its cybersecurity with three new policies focusing on cloud computing, data security, IoT security, and cybersecurity operations centers, announced Mohammed Hamad Al-Kuwaiti, chair of the Cybersecurity Council. Additionally, a new encryption law for data transmission security with quantum systems is expected by year-end, aiming to bolster national cybersecurity standards.
