Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Raya IT has secured a $23.5 million loan from IDB to accelerate digital infrastructure projects, particularly in Egypt’s banking sector. The partnership supports Vision 2030 goals, blending Raya’s tech expertise with IDB’s financial strength to boost digital banking, cybersecurity, and financial inclusion nationwide.
Fitch Solutions projects Egypt’s IT market will grow from $3.5B in 2025 to $9.2B by 2031, driven by mega smart city projects, cloud adoption, and $256M in public digital infrastructure investment. Software and IT services will lead growth as Egypt builds a digitally advanced, investment-ready economy.
Orange Business launches the second edition of “Orange Business Talks” at CAISEC ’25, highlighting cybersecurity and emerging tech to support digital transformation. Featuring expert Greg van der Gaast, the initiative reinforces Orange’s commitment to empowering secure, innovative business growth in the region.
Egypt’s Ministry of Communications and Information Technology has signed an MoU with Microsoft to enhance the country’s AI capabilities, targeting the training of 100,000 individuals in AI technologies. The agreement aims to empower local talent, promote responsible AI use, and support Egypt’s National AI Strategy for 2025–2030.