Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
PALM secures seven-figure pre-seed funding to scale its goal-based saving platform in Egypt. By blending investment with behavioural incentives, PALM aims to modernize saving habits and boost financial inclusion in line with national development goals.
Egypt advances maritime safety by releasing S-101 hydrographic datasets for Alexandria and Port Said, embracing digital navigation standards under the S-100 framework and enhancing chart precision aligned with global best practices.
Orascom Development Egypt appointed Dr. Eskandar Tooma as Non-Executive Chairman, bringing academic and governance expertise to steer the company’s strategic oversight following Dr. Samy Saad Zaghloul’s six-year tenure.
Egypt’s updated National AI Strategy (2025–2030) sets ambitious goals to become a regional AI powerhouse, backed by public-private partnerships and global investments aimed at talent development and innovation.
MCIT partnered with UNICEF and Assiut Governorate to deliver digital citizenship and online safety training, focusing on internet risks and responsible behavior. The initiative supports Digital Egypt goals and targets youth empowerment for safer online navigation.
Egypt’s telecom regulator provides free data allowances to users after a fire at Cairo’s Ramses Central exchange disrupts services, while investigating the incident’s cause.
LemFi launches in Egypt, targeting its $29.6B remittance market and diaspora in the US, UK, and Europe. The fintech leverages rising digital payments and aims to expand further in North Africa and beyond.
Egypt lands the SEA-ME-WE-6 submarine cable, enhancing connectivity between Asia, Africa, and Europe. This infrastructure addresses growing bandwidth demand and strengthens Egypt’s role as a key global internet corridor. Commissioning is expected in 2026.
LemFi launched money transfer services to Egypt, leveraging rapid remittance growth and offering fast, low-cost transfers to support the Egyptian diaspora in key global markets.
Egypt’s ICP Hub launch breaks blockchain barriers by enabling payments in Egyptian pounds and supporting decentralized apps with strong privacy. The World Computer Hacker League 2025 offers local developers a global platform to compete with substantial prizes. Operated by Mercatura Forum, ICP Hub Egypt aims to build national digital sovereignty and innovation.