Technology News and insights in the Middle East, South Asia, and Africa
The UAE’s leadership in ethical AI governance is showcased in a new KPMG report, highlighting its AI Charter and its role in shaping global standards. The UAE is positioning itself as a digital hub, urging businesses to align with ethical principles for a secure and innovative future in AI.
Egypt’s Minister of Communications, Amr Talaat, met with World Bank Vice President Sangboo Kim to discuss advancing digital transformation. They focused on enhancing digital infrastructure, skills, and awareness, including expanding fiber optics and digital services in rural areas. Future collaboration will include AI, data governance, and internet access expansion.
Engro Holdings, led by CEO Abdul Samad Dawood, expressed interest in expanding investments in Bangladesh’s telecommunications and energy sectors during a meeting with Chief Advisor Muhammad Yunus. Engro aims to partner in the distribution of gas from Bhola and contribute to transformative, long-term industrial projects in the country.
Saudi Arabia’s Vision 2030 continues to fuel the Kingdom’s digital transformation, leading to significant advancements in AI, data management, and smart city development.
Tabby, a leading buy now, pay later platform, has acquired Saudi-based mobile wallet Tweeq.
Careem Pay now offers fast, affordable money transfers from the UAE to Jordan, supporting remittances in Jordanian Dinars with next-day processing. The service includes fee-free transfers for new users and discounts for Careem Plus members, facilitating easier support for expatriates and their families.
Zarrar Hasham Khan, a telecom expert and former PTCL executive, has been appointed as the Federal Secretary of IT and Telecommunications in Pakistan. Selected through an open market process, Khan brings over 20 years of experience and will play a key role in advancing Pakistan’s technology and telecom sectors.
Pakistan has taken a major step in regulating its digital assets ecosystem by establishing the Pakistan Virtual Assets Regulatory Authority (PVARA). This new independent body will license and oversee virtual asset providers, enforce AML protocols, and align with global standards. The move reflects Pakistan’s ambitions to become a South Asian digital assets hub following recent crypto policy developments.
Bangladesh’s telecom regulator mandated 1GB free internet on July 18 to honor the July Uprising, marking digital freedom amid political history. Operators support the move but seek clarity on tax exemptions and cost coverage.
GITEX Global 2024 has seen a significant increase in international participation, with 40% growth and over 6,500 exhibitors.