A dynamic scene representing the growth and success of Egyptian fintech Lucky ONE. The image features elements of digital finance, investment growth,

Lucky ONE Secures $3 Million in Funding to Drive Growth and Profitability by 2025

Egyptian fintech Lucky ONE has raised $3 million in a convertible note, aiming for profitability by Q1 2025. The funds will expand its credit lending services, aligning with Egypt’s financial inclusion goals. Co-founders Momtaz Moussa and Ayman Essawy emphasize sustainable growth, with plans for regional expansion and a comprehensive financial services offering.

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Zain Group Q2 2024 normalized net income growth soars 55% to reach KD 52 million (USD 170 million), Board declares interim dividend of 10 fils per share

Zain Group’s Q2 2024 results show a 79% net profit increase, with revenue growing 4% YoY to KD 479 million (USD 1.6 billion). Customer base soared 13% to 47.8 million. Key highlights include growth in 5G revenues, fintech services, and digital operator entities, despite challenges in Sudan.

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A dynamic scene showcasing Bahrain's digital transformation achievements in 2024. The image features modern digital interfaces, mobile apps, and eGovernment

Bahrain Achieves 89% Digital Transformation with Over 4 Million Transactions in 2024

Bahrain achieved an 89% digital transformation rate in 2024, completing over 4 million eGovernment transactions. Key advancements include expanding eServices to over 700, reducing costs by 75%, and launching new systems like Sijilat 3.0. These efforts reflect Bahrain’s commitment to digital transformation and service quality improvement across all societal sectors.

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