Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Ooredoo is expanding its digital footprint through AI-ready data centres, a subsea fibre network, and fintech growth, with Q1 2025 net profit up 5%. The strategic focus on Syntys, TowerCo, and Fintech positions it as a leading digital infrastructure provider in MENA.
Ooredoo’s robust H1 2025 financials and strategic investments across data centres, fintech, tower assets, and subsea cables position it as a regional digital transformation leader. The Group continues expanding 5G and AI services while maintaining strong profitability and customer growth.
BENEFIT and General Assembly Bahrain partnered to develop national tech talent through recruitment access, specialized training programs, and collaborative events, aiming to enhance workforce skills and support fintech innovation in the Kingdom.
Revolut is entering Morocco with payments and FX services first, aiming for a neobank license within two years. It has appointed a local lead and is building a 60-person team. The move aligns with its European expansion and aims to drive digital finance transformation in Morocco.
EazyPay and Tamara have joined forces to offer seamless Buy Now, Pay Later payment solutions in Bahrain and the Gulf. The partnership leverages EazyPay’s local acquiring and payment gateway infrastructure to support Tamara’s expanding merchant network, enhancing payment security, speed, and flexibility across the region.
Qlub raises $30M to expand its QR-based ultra-fast restaurant payment platform globally, driving faster checkouts, higher tips, and operational efficiency across multiple international markets.
Ora, a Moroccan startup, raises $7.5 million Series A to expand its Kooul food delivery app and Ora Cash mobile wallet, targeting local and international growth with a focus on digitalizing cash payments and last-mile delivery.
MyMonty teams up with Mastercard to boost digital payment solutions in Lebanon, enhancing transaction security and convenience while supporting the nation’s transition to a cashless digital economy.
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.
EazyPay joins forces with Tamara to provide local payment gateway services, enhancing BNPL transaction processing and supporting digital commerce growth in the GCC. The partnership reflects a shared commitment to fintech innovation and financial inclusion in Bahrain and beyond.