Telecom Egypt has clinched an EGP 18 billion syndicated loan led by 13 banks to refine its financial structure and support expansion. This strategic financial maneuver is set to enhance the company’s liquidity and align its long-term growth strategies with improved financial management practices.
SLT-Mobitel won three awards at the National Best Quality ICT Awards 2024, including a Silver for “SenseGrid IoT Solution,” a Bronze for “Energen,” and a Merit for “AkazaHR.” These innovations reflect the company’s commitment to driving technological advancement and contributing to Sri Lanka’s economic growth.
Oman has launched the Digital Accessibility Guide to help developers create inclusive websites and mobile apps, ensuring accessibility for all, including elderly and disabled users. This initiative aims to foster digital inclusivity by providing clear guidelines for integrating accessibility features and improving digital design processes for all stakeholders.
UNESCO adopts UAE’s proposal to mark October 29 as the international day of coding and March 19 for digital education, signifying the UAE’s digital innovation drive.
Dubai’s Roads and Transport Authority (RTA) has launched free Wi-Fi services at 17 bus and 12 marine transport stations in partnership with e& (Etisalat). The initiative aims to enhance the commuter experience, with full rollout expected by Q2 2025. This aligns with Dubai’s goal to become the world’s smartest city.
The Overseas Investors Chamber of Commerce has reaffirmed its commitment to developing Pakistan’s IT and telecom sectors at the Tech Festival ITCN Asia. The event emphasized collaboration among government, private sector, and academic institutions, with forecasts suggesting IT exports may grow from $10 billion to $18 billion by 2028.
Sparklo, a UAE-based cleantech company, has expanded its network of reverse vending machines (RVMs) across the MENA region, achieving 1000% growth and collecting over 50 million bottles. With strategic partnerships, Sparklo continues its mission to revolutionize recycling and promote sustainability through technology-driven solutions and incentives.
Morocco is accelerating its digital transformation by partnering with Ericsson and Nokia to enhance digital education, support small business growth, and expand network connectivity. These collaborations aim to upskill entrepreneurs, foster innovation, and build a robust digital ecosystem, preparing Morocco for key international sporting events and a competitive future.
Tradeling Holding has acquired Axiom Telecom’s MENA distribution operations, a move expected to drive growth in the region’s B2B e-commerce landscape. With anticipated annual revenues exceeding AED2 billion, the acquisition strengthens Tradeling’s position as a key player in the Middle East’s technology and distribution sectors.
Morocco is deepening its collaboration with the U.S. to advance its AI and digital transformation goals. The partnership aligns with Morocco’s “Digital Morocco 2030” initiative, leveraging AI to modernize public services and boost the country’s international competitiveness, with the aim to improve its UN Online Services Index ranking by 2030.
