The Ministry of Information Technology and Telecommunication (MoITT) has submitted the Telecom Equipment Standards Regulations to the Cabinet Committee for Legislative Cases for review. The regulations focus on ensuring telecom equipment meets technical standards to enhance security, network performance, and consumer protection, with a dedicated directorate for compliance.
The Telecommunications Regulatory Commission (TRC) transferred JD175 million to the Treasury in 2024. The report highlights key regulatory activities, including the issuance of type approvals, device entry approvals, and exemptions for 5G infrastructure. Jordan’s global rankings in mobile and fixed internet speeds were also mentioned.
The Bank of Bahrain and Kuwait (BBK) has deployed SymphonyAI’s AI-based anti-money laundering (AML) technology to enhance its transaction monitoring and compliance processes across multiple regions. The scalable platform improves detection accuracy, reduces false positives, and adapts to evolving regulations, strengthening BBK’s fight against financial crime.
