ITIDA and Ericsson Sign Three-Year MoU to Boost Egypt’s Digital Transformation and ICT Expansion

Egypt’s Information Technology Industry Development Agency (ITIDA) has signed a three-year Memorandum of Understanding with Ericsson to accelerate the country’s digital transformation and strengthen its ICT and digital services sectors. Announced under the patronage of Prime Minister Mostafa Madbouly, the partnership aligns with the Digital Egypt Strategy for Offshoring Industry 2022–2026 and aims to enhance ICT technologies, expand engineering and R&D capabilities, and create new youth employment opportunities.

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Payment24 Expands Middle East Operations with New Dubai Hub

Payment24 has strengthened its Middle East presence by launching a regional hub in Dubai and securing strategic contracts in the UAE and Saudi Arabia, marking a key milestone in its GCC expansion strategy. The company is responding to surging demand for advanced fleet, fuel, and retail payment technologies, positioning its modular platform as a backbone for digital transformation in the downstream oil and gas sector.

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