HRH Prince Salman of Bahrain met Crypto.com President Eric Anziani to discuss advancing the kingdom’s financial services and digital sectors. The meeting focused on Bahrain’s commitment to attracting international companies and fostering investment in fintech. Anziani also presented Bahrain with Crypto.com’s new Mastercard prototype, the first in the Middle East.
Algeria is seeking to strengthen ICT partnerships with African nations to drive socio-economic development. Discussions focused on enhancing cooperation in key areas such as telecommunications, infrastructure, and technological innovation. Africa’s digital economy is expected to reach $712 billion by 2050, boosting the continent’s overall GDP.
Africa50 has invested in Raya Data Centre to support Egypt’s digital economy and expand RDC’s infrastructure with a new greenfield Tier III data centre. This investment will cater to growing digital demand and support Egypt’s startup ecosystem, while aligning with sustainability goals.
LEAP 2025, Saudi Arabia’s premier tech event, will be held from February 9 to 12, 2025. With a new ticketed format, it will feature groundbreaking innovations in AI, sports tech, and smart cities. The event will host 680+ startups, 1,000 speakers, and 1,800 global tech brands for networking and investment opportunities.
Orange Morocco has partnered with Microsoft to integrate Microsoft Azure into its cloud-managed services, enhancing cloud capabilities for B2B customers. This collaboration aims to drive innovation, streamline operations, and improve customer experiences in Morocco. Businesses will benefit from advanced tools in AI, data analytics, and IoT, boosting digital transformation.
The first Thought Leadership Circle event in Kuwait, co-hosted by KDIPA and The Business Year, focused on accelerating digital transformation and AI implementation. Key speakers, including government leaders and industry experts, discussed strategies for leveraging technology to drive economic growth, sustainability, and workforce readiness, in line with Kuwait’s Vision 2035.
Qatar is poised to see a 2.3% increase in GDP and generate $5 billion in AI-driven revenue by 2030. The AI Tour in Doha, hosted by Microsoft, highlighted the nation’s transformation into an AI leader, with a focus on AI integration, job creation, and alignment with Qatar’s Vision 2030.
Ooredoo has partnered with Infobip and Microsoft to introduce AI Hub to Qatar, enhancing customer engagement through conversational AI. The AI-driven tool integrates OpenAI with messaging platforms, empowering local businesses to provide efficient, secure, and modern communication, supporting Qatar’s digital transformation and Vision 2030.
The “Abikhdmh” app has raised SAR 3 million in Seed funding to enhance its e-transaction services and expand into areas such as flight bookings, business services, and recruitment solutions. This investment will strengthen its platform and contribute to Saudi Arabia’s Vision 2030 by advancing digital transformation in the country.
stc concluded its platinum sponsorship of the NEXUS 2024 event in Kuwait, highlighting its commitment to digital transformation and supporting local entrepreneurs. The event featured discussions on AI, fintech, and cybersecurity, with stc showcasing its solutions and empowering youth through initiatives like the inspireU business accelerator program.
