Technology News and insights in the Middle East, South Asia, and Africa
MyMonty and Mastercard collaborate to expand digital payment adoption in Lebanon, enhancing security and convenience for users while supporting the country’s transition to a cashless digital economy.
Beyon Money Business partnered with EazyPay to launch a co-branded POS integrating Flexi Wallet, enabling fast, secure payments, real-time analytics, faster settlements, and earnings growth, strengthening Bahrain’s digital payments ecosystem.
TPConnects has partnered with Lufthansa City Center International to introduce its Iris platform across 320+ agencies worldwide. The collaboration will empower LCC agencies with NDC-enabled, LCC, and EDIFACT content via a unified platform, driving digital transformation and strengthening global travel distribution.
Egypt University of Informatics and SAP Egypt signed a partnership to enhance digital skills and AI education. This initiative incorporates SAP applications into curricula, offering hands-on training. Minister Amr Talaat highlighted Egypt’s progress in AI innovation, education reforms, and ICT growth, emphasizing AI’s transformative potential and the country’s commitment to responsible AI development.
QIB and PayLater launch Qatar’s first shari’a-compliant BNPL solution, combining banking expertise and fintech innovation to enhance financial inclusion and digital economy growth.
TECNO has partnered with the University of Leeds and Dar Al-Hekma University to refine its Universal Tone technology, ensuring accurate and inclusive representation of Saudi skin tones in mobile imaging. The collaboration aims to enhance TECNO’s AI-powered technology, addressing diverse skin tones in Saudi Arabia and the broader Middle East.
Telecom Egypt has approved a cash dividend of EGP 1.5 per share for 2024, with ex-dividend and payment dates set for April 17th and April 24th. The company’s consolidated net profits dropped by 3.78%, totaling EGP 10.098 billion, compared to EGP 11.720 billion in 2023.
Nvidia and Perplexity’s partnership marks a significant push to localize AI models for European languages, overcoming data limitations and cultural nuances. This effort aims to deliver advanced AI reasoning capabilities tailored to regional markets, boosting adoption and business productivity.
The Public Investment Fund (PIF) and Elm have signed an agreement for Elm to acquire Thiqah Business Services for $907 million. The acquisition will strengthen the Saudi ICT sector, support Vision 2030’s digital transformation goals, and enhance the development of advanced national smart services and technologies.
Bridge Alliance is advancing its Bridge Alliance API Exchange (BAEx) with 14 committed operators, simplifying API adoption for enterprises. The platform will be showcased at MWC Barcelona 2025, highlighting innovations like Number Verification and SIM Swap APIs. Bridge Alliance is strengthening its network through strategic partnerships with channel providers.