Technology News and insights in the Middle East, South Asia, and Africa
Egypt’s President Al-Sisi met with Prime Minister Madbouly and Minister Talaat to discuss digital transformation initiatives, focusing on improving ICT services, boosting mobile manufacturing, and advancing AI strategies. The government aims to enhance communication coverage, attract international investments, and develop a skilled digital workforce to support national economic goals.
Mastercard has partnered with Bahrain’s Tamkeen to launch the first Mastercard Strive program in the Middle East, aimed at enhancing financial and digital readiness for SMEs in Bahrain. This collaboration will support entrepreneurs by providing access to digital tools, capital, and networks, fostering growth and innovation in Bahrain’s SME sector.
Vodacom’s shares rose 8.6% following a strong revenue report for the December quarter, with Egypt leading performance. Group revenue grew by 1.6%, while service revenue saw an 11.6% increase on a normalised basis. Despite currency challenges, the group remains optimistic about its growth, particularly in digital and financial services.