Saudi Arabia will invest SR4.2 billion ($1.2 billion) to enhance its digital content industry through the newly established Digital Content Council. The council will fund 36 initiatives to develop skills and create jobs in video gaming, video production, and digital advertising, promoting the Kingdom’s growing digital content sector.
Oman’s e-commerce market reached $2.2 billion in 2023, led by electronics and media. The sector’s growth highlights its role in the global economy. The World Trade Organization expects the market to grow by 39% globally and reach $3.327 billion in Oman by 2027, driven by increased internet and smartphone adoption.
MERP Systems has partnered with Omantel to drive digital transformation in Oman using Microsoft AI tools. The collaboration aims to enhance operational efficiency, improve customer service, and develop new digital products. The agreement also includes modernizing HR systems, creating an AI-enhanced digital store, and training Omani professionals in advanced AI skills.
Huawei launched the Seeds for the Future 2024 program in Nepal, marking its fourth year of supporting the country’s digital transformation. The program, in partnership with Nepal’s Ministry of Education, offers training and competitions in China, aiming to empower Nepali students with technological knowledge and entrepreneurial skills.
Tunisia and Italy signed an MoU to enhance digital technology and industrial cooperation. The agreement includes establishing national focal points and a joint team to facilitate technology transfer, investment, and collaboration in AI projects. Both countries aim to boost economic ties and support Tunisia’s digital transition.
Huawei Cloud has launched its Cairo Region, serving 28 African countries with innovative cloud services. It also introduced a new Arabic language model for automatic speech recognition with 96% accuracy. These initiatives aim to support digital transformation and enhance services across Africa, including Egypt, Ethiopia, and Algeria.
A PwC Middle East report highlights the crucial role of emerging digital technologies, like Generative AI, in achieving transformative growth in Saudi Arabia. Organizations face challenges such as resource availability and resistance to change. Investing in robust digital infrastructure and promoting innovation are recommended for sustainable success.
Ericsson and Vodafone have signed an MoU to collaborate on ICT educational initiatives in Oman, supporting Oman Vision 2040. The partnership will leverage Ericsson’s educational programs to develop digital skills among Omani youth, enhancing their competitiveness and employability in the ICT sector.
Yahsat has signed an MoU with South Africa’s Department of Communications and Digital Technologies to enhance collaboration in satellite and ICT services. The agreement includes satellite broadband, IoT, geospatial applications, and more. This partnership aims to develop infrastructure, skills, and communications capabilities in South Africa.
Beyon Solutions acquired Link Development, expanding its digital transformation services. This move enhances Beyon’s offerings and reach, creating a major regional hub. The acquisition, pending regulatory approval, is the eighth exit for investment firm A15.
