Technology News and insights in the Middle East, South Asia, and Africa
Flat6Labs has partnered with Tamwilcom to accelerate the growth of Moroccan startups, focusing on sectors like AgriTech, FinTech, and AI. This collaboration, supported by the IFC, offers funding, mentorship, and business development to boost Morocco’s entrepreneurial ecosystem and foster innovation, digital transformation, and economic growth.
Startup Grind Qatar held its inaugural Tech Startup Community Awards to honor individuals and startups driving innovation in Qatar’s tech ecosystem. With over 150 nominations, the event celebrated achievements in various categories, highlighting the importance of collaboration and community in fostering entrepreneurship and technological growth.
Orange Jordan’s job fair links ODC programming graduates with tech companies, reinforcing its digital education and youth empowerment mission through direct hiring pathways and strategic partnerships.
BTCL plans to revamp its “Alaap” OTT application in 2025, incorporating new features such as SMS, wallet services, and metro rail tickets to attract more users. The app aims to reduce reliance on foreign apps, offering free internet calls and affordable off-net calling, though facing challenges with number allocation.
Pakistan has launched four Special Technology Zones in Punjab, projected to generate $350 million in annual tech exports and create jobs for 50,000 professionals. These zones, focusing on key technology sectors, are part of a broader initiative to boost the economy amidst ongoing internet disruptions threatening significant financial losses.
Saudi Arabia is advancing its digital transformation by upskilling its youth in AI and STEM fields. Through strategic investments, such as a $40 billion AI fund and educational programs, the Kingdom is preparing its workforce to lead innovation and drive economic diversification.
Technopark Morocco and Plug and Play Africa have partnered to accelerate Moroccan startups through a new acceleration program, supported by government leadership, to drive innovation and strengthen the entrepreneurial ecosystem.
SINGER Sri Lanka has partnered with Hutch to expand mobile connectivity by offering Hutch SIM cards and instant activation at 410 SINGER showrooms. Customers can also upgrade to 4G or 5G smartphones at discounted rates. The collaboration aims to improve digital connectivity and enhance the customer shopping experience.
Bahrain and Egypt have signed a landmark MoU to enhance tourism ties, focusing on cultural exchange, investment, sustainability, and digital transformation. The agreement promotes joint events, reciprocal tourism weeks, and eco-friendly initiatives while aligning with national strategies to strengthen both nations’ positions as leading MENA tourism destinations.
Nepal Telecom (NT) reported a 16.44% decline in net profit for Q4 FY 2080/81, dropping to Rs. 6.62 billion. The decrease was driven by a 4.99% reduction in revenue and significant declines in investments and finance income. However, the company saw a slight increase in reserves and reduced operating expenses by 12.98%.