Technology News and insights in the Middle East, South Asia, and Africa
Meta’s Simon Milner discussed Pakistan’s digital transformation, highlighting the upcoming undersea cable project, AI initiatives, and monetization plans for creators. The infrastructure will boost connectivity, while AI efforts aim to drive innovation. Monetization features are set to unlock new revenue streams for Pakistani content creators.
Pakistan’s government is considering the formation of a National Crypto Council to regulate digital assets. The council would advise on policy development, address regulatory challenges, and ensure the secure, sustainable growth of Pakistan’s digital asset market. The approach will align with international standards and Financial Action Task Force guidelines.
QIIB has launched a digital platform for managing Letters of Credit, making it the first bank in Qatar to do so. This platform enables businesses to submit, track, and manage LCs online, enhancing efficiency, compliance, and security. Available 24/7, it also offers real-time updates and cost savings for customers.
HONOR launches the AI-enhanced X6c smartphone in Bangladesh, combining smart features, strong battery life, and durability in the budget segment. The device aims to offer innovation and value with AI-powered tools and robust build quality.
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.
Bangla Phone Ltd has received approval for Bangladesh’s first Nationwide Telecommunication Transmission Network (NTTN) licence in 11 years. The licence will allow the company to build and manage a nationwide fibre-optic transmission network, improving broadband access and potentially reducing service costs. The licence is pending final approval by the Ministry.
Visa, in partnership with Bahrain Islamic Bank, launches the second She’s Next program in Bahrain to empower women entrepreneurs with grants and resources, aiming to enhance their business growth and digital presence.
CyberArk sees Saudi Arabia as a key growth market, accounting for nearly 40% of its Middle East business in 2024. The company plans significant expansion, showcasing innovative solutions such as Cora AI and identity management technologies at Black Hat MEA. CyberArk aims to double its business in Saudi Arabia within 12 to 24 months.
Telecom companies are expanding into fintech, offering digital wallets, cross-border payments, and financial services. By leveraging customer data and payment infrastructures, they are enhancing financial inclusion and creating seamless, secure financial experiences. This collaboration between telecom and fintech sectors is transforming the digital economy and offering new growth opportunities.
Ooredoo Kuwait has launched a revamped mobile app designed to enhance customer experience with a modern interface and new features. Key updates include smart usage tracking, multi-number management, fast payments, eSIM activation, and 24/7 in-app support. The app is now available for download on iOS and Android.