ITIDA and Informatique Education for Technology signed an MoU to enhance software engineering competence in Egypt. The collaboration offers training, consultation, and certification services from ITIDA’s SECC, aiming to upskill employees, develop software products, and promote global standards. This initiative supports Egypt’s position as a leading hub for software development and technology services.
PTCL Group has partnered with the Pakistan hockey team ahead of the Asian Champions Trophy 2024. This partnership aims to revive Pakistan’s hockey legacy, inspire national pride, and help the team achieve global success through dedicated support and public awareness.
Robi Axiata’s new subsidiary, Axentec PLC, has officially started its operations, offering innovative digital solutions and services. Axentec, emerging from Robi’s ICT arm Reddot Digital, is set to provide a wide range of IT solutions, including cloud services, AI, data analytics, cyber security, and IoT, focusing on the corporate and SME sectors. This strategic move positions Axentec as a key player in the digital solutions market, both in Bangladesh and globally.
Saudi Arabia partners with IBM to potentially establish an AI Center of Excellence in Riyadh. The initiative, aligned with Saudi Vision 2030, aims to advance AI technologies and strengthen national capacities, bolstering the Kingdom’s stature in global tech innovation.
Mastercard has partnered with Scale to accelerate fintech growth across Africa and the Middle East. The collaboration aims to eliminate technical and commercial barriers for fintechs, PSPs, and telcos, enabling them to focus on core business and launch new products efficiently. The partnership benefits financial institutions, merchants, governments, and consumers by enhancing financial inclusion and access to digital services.
Web3 streaming platform myco has raised $10 million in its Series A funding round, securing a post-money valuation of $80 million. The funds will support its expansion into new markets and the relaunch of its utility token on the Aptos Blockchain. The company also reported its first profitable year with $7.5 million in revenue.
Bahrain’s iGA met with Saudi Arabia’s Digital Government Authority during the GCC eGovernment Ministerial Committee meeting, discussing collaborative digital transformation initiatives.
Morocco plans to launch 5G internet service by 2030, aligning with its 2030 digital strategy and in preparation for co-hosting the World Cup with Spain and Portugal. The initiative aims to enhance online data speed and expand rural internet coverage, recognizing digital connectivity as essential for various sectors post-pandemic.
ZainCash has implemented Temenos core banking and payments solutions to enhance its digital services in Iraq. The platform will help ZainCash scale rapidly, offer new services, and promote financial inclusion by reaching 3 million users, including the unbanked population, by the end of the year.
IO Kitchens secures $2.8 million in seed funding to scale its cloud kitchen operations in Oman, leveraging advanced technology to meet the growing demand for high-quality food delivery.
