ONIC, a digital telco brand launched in 2023, has quickly revolutionized Pakistan’s telecom industry with innovative solutions and exceptional customer service. The brand’s rapid growth, digital-first approach, and strategic partnerships have set new standards in connectivity, earning ONIC prestigious awards and establishing it as a leader in the country’s digital transformation.
The Global AI Summit 2024 in Riyadh, hosted by SDAIA, will bring together over 300 global AI leaders to explore advancements in AI, including Generative AI and ethical governance. The event aims to foster international collaborations and drive innovation, with high-profile sessions and agreements expected to shape the future of AI globally.
Web3 streaming platform myco has raised $10 million in its Series A funding round, securing a post-money valuation of $80 million. The funds will support its expansion into new markets and the relaunch of its utility token on the Aptos Blockchain. The company also reported its first profitable year with $7.5 million in revenue.
Sharjah is leading the UAE’s AI-driven economic transformation, with significant investments in AI, deep tech, and innovation. The upcoming Sharjah Investment Forum (SIF) will gather global leaders to discuss how AI and deep tech can drive future economic growth, positioning Sharjah and the UAE at the forefront of Industry 4.0 in the Middle East.
Klumi Ventures and Fuze have partnered to bridge traditional finance with digital assets in the UAE. This collaboration aims to accelerate Web3 adoption by enhancing cross-border payments, offering educational initiatives, and developing new digital asset solutions. The partnership aligns with Abu Dhabi’s Vision 2030 and is set to transform the region’s financial landscape.
Europcar Oman has launched WiFi units with unlimited 5G data, providing seamless connectivity for travelers. These units offer fast, reliable internet access on the go, allowing multiple devices to connect simultaneously. The service ensures convenience, reliability, and affordability, enhancing the travel experience for business and leisure travelers alike.
Abu Dhabi’s Marlan Space has partnered with Loft Orbital to launch Orbitworks, the Middle East’s first private space infrastructure company. Orbitworks will produce LEO satellite constellations, with plans to launch the first platform by 2026, marking a significant milestone in the UAE’s space industry.
Kuwait-based real estate tech company Sakan has acquired Qatari proptech firm Hapondo to expand its services in Qatar. The acquisition aims to leverage Hapondo’s network and technology to enhance real estate solutions across the GCC, improving user experiences and driving innovation in the market.
The Egyptian Space Agency (EgSA) is launching a joint-stock company for satellite component manufacturing and a marketing company to promote its products. Additionally, EgSA will introduce an online platform for purchasing satellite images, furthering Egypt’s influence in the global space sector and advancing its space technology industry.
stc pay has partnered with Bahrain’s LMRA to enhance the onboarding experience for expatriates by providing an IBAN linked to the stc pay wallet. This initiative simplifies wage payments, supports Bahrain’s digital transformation, and safeguards worker rights, making the Kingdom a top destination for expatriates and businesses.
