Technology News and insights in the Middle East, South Asia, and Africa
Bahrain’s Central Bank has introduced a comprehensive stablecoin regulatory framework mandating licensed issuance, full fiat backing with a 1:1 reserve ratio, and robust governance measures. The rules aim to ensure legal clarity, consumer protection, and financial stability, reinforcing Bahrain’s leadership in regulated digital assets and fintech innovation.
The second SaudiFood Manufacturing show, set for April 13-15 in Riyadh, will spotlight industry innovation, sustainability, and emerging business models in the Kingdom’s food sector. With over 550 international brands and thought leaders, the event aligns with Saudi Arabia’s Vision 2030, driving growth and local food production.
In the first quarter of FY 2024-25, Pakistan’s mobile phone imports dropped to $246.472 million, an 18.93% decline from the previous year. Meanwhile, local manufacturing surged, producing 20.44 million handsets from January to August 2024, highlighting a shift towards domestic production amidst changing market dynamics.
New US$30M fund to expand affordable, reliable Internet access across the globe BARCELONA, Spain, March 4, 2025/ — As leaders…
Trasna has integrated its recent acquisitions, Workz and IoTerop, into a single entity, offering the first all-in-one solution for secure SIM and device management. This strategic move strengthens Trasna’s position in the IoT market, providing a comprehensive service to address security and operational challenges in IoT connectivity.
Terna has opened its first Innovation Zone in Tunisia, aimed at fostering energy sector innovation and supporting Tunisian startups. The hub will provide training and resources to enhance Tunisia’s digital and energy transitions. The initiative is part of the Elmed project, strengthening energy ties between Europe and Africa.
Northstar Technology and HFCL have partnered to upgrade fiber infrastructure in Bahrain and the Middle East. Combining HFCL’s advanced telecom products with Northstar’s regional expertise, the collaboration targets enhanced high-speed, low-latency connectivity critical for AI-driven networks, reflecting a shared vision to accelerate digital transformation across the region.
Sri Lanka will begin Starlink internet service with a one-week trial monitored by TRCSL and the Ministry of Defence. Following technical review, the country plans to expand Starlink access nationwide.
Dialog Axiata PLC has reaffirmed its commitment to the GSMA’s Connected Women Commitment Initiative, aiming to close the gender gap in mobile technology use in Sri Lanka. This move supports enhanced access to mobile internet and financial services for women, promoting gender equality and broader socio-economic benefits.
UAE-based AI company G42 is collaborating with U.S. partners and the Emirati government to meet global AI standards amid concerns about ties to China. Following Microsoft’s $1.5 billion investment, U.S. lawmakers fear technology transfer to China. G42 emphasizes its commitment to complying with the highest global standards in AI development and deployment.