Morocco’s Panafsat and Thales Alenia Space have signed an MoU to develop a satellite communications system to provide high-speed internet services to 26 African countries, helping bridge the digital divide and support economic growth. This initiative is part of broader digitalization efforts in Morocco and Africa.
Orange Jordan has partnered with Dar Aldawa to provide mobile and internet solutions, enhancing the pharmaceutical company’s operational efficiency. The collaboration includes high-speed internet and mobile lines, aiming to optimize communication and resource management. This partnership reinforces Orange Jordan’s commitment to driving digital transformation in various sectors.
Bank Alfalah has acquired a 9.9% stake in Jingle Pay, a rapidly growing fintech in the MENAP region. The partnership aims to enhance cross-border payments and digital banking, with Jingle Pay planning to launch its digital banking services in Pakistan in 2025. This collaboration strengthens both companies’ positions in global finance.
SEALSQ Corp is expanding its presence in Saudi Arabia, collaborating with WISeKey and Juffali Group to support the Kingdom’s Vision 2030. Key initiatives include the deployment of WISeSat.Space, a quantum-resistant satellite solution for IoT data, and collaboration with Hedera to promote blockchain-based applications and innovation in emerging technologies.
SOHAR Port has launched its new Port Management Information System, Marasi, to optimize operations and improve stakeholder collaboration. The system, already deployed in 50 ports worldwide, offers real-time data, mobile apps for marine pilots, and enhanced communication for shipping agents, aligning with Oman Vision 2040 for sustainable growth.
Bank Alfalah has acquired a 9.9% stake in Jingle Pay, a UAE-based fintech specializing in cross-border remittances. The partnership will enhance Bank Alfalah’s digital transformation and support Jingle Pay’s expansion, including a planned launch in Pakistan in early 2025. Jingle Pay processed $1 billion in remittances in 2024.
Qatar’s Ministry of Communications and Information Technology launched the National Digital Authentication and Trust Services Strategy 2024-2026 to support the country’s digital transformation. The strategy focuses on creating a secure digital identity, enhancing collaboration across sectors, and promoting innovation while improving the efficiency of electronic services.
The UAE’s technology sector is set for record growth in 2025, driven by advancements in digital innovation and emerging technologies. With strong government support and investments in digital infrastructure, the country is becoming a global hub for tech companies. Growth is expected to continue through 2029, with a steady market expansion.
The white paper by MIT Sloan Management Review and Astra Tech highlights the UAE’s leadership in AI adoption, with businesses increasingly using Large Language Models and Action Models for customer service, product development, and personalized experiences. The report emphasizes AI’s transformative potential across various sectors in the Middle East.
Outlier Ventures has unveiled its “Post Web Thesis,” predicting a shift to a decentralized internet powered by AI and blockchain. The Post Web will focus on an “intention economy,” where AI agents perform tasks for users, simplifying the internet and transforming digital interactions. The Middle East is a key region for early adoption.
