Topic: regional hub
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QFC, Doha Bank Forge Fintech Partnership in Qatar
The Qatar Financial Centre and Doha Bank have formed a strategic alliance to boost fintech and digital asset development through joint research, prototype creation, and advanced financial solutions. The partnership includes support for fintech startups with technical advice, streamlined account s...
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e& enterprise deal to triple Serbia's data center capacity
e& enterprise and Serbia's Office for IT and e-Government have partnered to triple Serbia's data center capacity, positioning it as a regional digital hub. The expansion focuses on scaling the Tier-4 data center in Kragujevac to meet domestic and international demand with sovereign cloud and digi...
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Bahrain Launches $1B AI and Quantum Drug Discovery Program
Bahrain is investing $1 billion in a partnership with SandboxAQ to use AI and quantum computing for faster drug discovery and development. The initiative aims to create biotech assets, address regional diseases like diabetes, and establish Bahrain as a hub for AI-driven pharmaceutical research. T...
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Egypt's Top Ministers Launch Major Entrepreneurship Initiative
The third annual Entlaq Summit in Egypt launched the Egyptian Entrepreneurship Sector Diagnostic Report (SDR 2025), backed by key government ministries and private sector sponsors to strengthen the entrepreneurial ecosystem. The Egypt Startup Charter, supported by the president and prime minister...
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Oman Launches First AI Zone to Attract Global Tech Start-ups
Oman has launched its first Artificial Intelligence Zone to attract global tech start-ups and position the country as a regional AI innovation hub. The 100,000 square meter zone, with an investment of RO 100 million, will provide integrated facilities to foster innovation, draw foreign capital, a...
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Libya's Medusa Cable Reaches Marseille in Key Milestone
The Medusa Submarine Cable has reached its first Mediterranean landing point in Marseille, marking a key advancement for Libya's digital infrastructure and its role in international connectivity. Spanning 8,700 kilometers with 19 landing points, the cable will enhance high-capacity digital links ...
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Saudi Minister, Mark Zuckerberg Forge AI Partnership
Saudi Arabia's Minister of Communications and Information Technology met with Meta CEO Mark Zuckerberg to discuss strategic collaboration in AI and emerging technologies, focusing on large language models, the metaverse, and generative AI. The partnership aims to empower local talent, strengthen ...
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Algeria Inks $300M Deal to Supply 2M Payment Terminals to Nigeria
Algeria has signed a $300 million deal to supply Nigeria with two million electronic payment terminals, enhancing regional economic and technological cooperation. The terminals will be manufactured in Algeria by Inatel in partnership with Morefun Electronic Technology, showcasing Algeria's growin...
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GITEX Expands to Latin America, Fuels $950B Digital Boom
Latin America's digital economy is projected to reach nearly $950 billion by 2026, with GITEX launching its inaugural Latin American edition in São Paulo in 2027 to accelerate this growth. GITEX LATAM will showcase Brazil as a tech hub, leveraging its digital infrastructure and economic leadershi...
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Kuwait Expands Digital Skills Program with Google Cloud
Kuwait has launched the second phase of its national digital skills program in partnership with Google Cloud, focusing on training in cloud computing, AI, and cybersecurity to build a knowledge-based economy. The initiative aims to enhance government efficiency and public services, supporting Kuw...
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ZainTECH, Microsoft Launch 'AI-Ready Kuwait' to Boost National AI
ZainTECH and Microsoft have launched the 'AI-Ready Kuwait' initiative to accelerate the nation's AI capabilities and support Kuwait's Vision 2035, coinciding with the upcoming Microsoft Azure Region launch to enhance data sovereignty and infrastructure resilience. The initiative emphasizes a sync...
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Snap Opens New Doha Office to Boost MENA Presence
Snap Inc. has opened a new regional headquarters in Msheireb Downtown Doha, expanding its Middle East and North Africa presence and reinforcing Qatar's status as a technology and media hub. The launch supports Qatar National Vision 2030 by advancing digital infrastructure and skills, building on ...
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Bahrain's Mobile Internet Speed Ranks 5th Globally at 233.22 Mbps
Bahrain ranks as the world's fifth fastest country for mobile internet, with an average download speed of 233.22 Mbps according to Ookla’s 2025 Speedtest Global Index. This achievement reflects the Kingdom's strategic investments in digital infrastructure and next-generation technology, positioni...
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AI Leaders Unite in Cairo to Shape Middle East & Africa's Tech Future
A landmark AI event in Cairo brought together global leaders to outline a collaborative vision for digital innovation in the Middle East and Africa. Egypt aims to capture $42.7 billion in annual AI value by 2030, supported by its National AI Strategy and advancements in the global AI Readiness In...
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Microsoft's $15.2B UAE AI Deal Tests US Tech Diplomacy
Microsoft is investing $15.2 billion in the UAE over four years, including a $1.5 billion equity stake in G42 and significant capital for AI and cloud infrastructure expansion. The investment involves the first export of Nvidia's advanced GPUs to the UAE under a special U.S. license, positioning ...
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Oman Airports & Huawei Unveil Smart Airport Innovation in Muscat
Oman Airports and Huawei have launched the Intelligent Campus Showcase at Muscat International Airport, advancing Oman's digital transformation and aligning with sustainability goals. The campus utilizes AI-driven data systems, real-time analytics, and high-speed connectivity to enhance passenger...
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Algeria Launches Africa's Largest AI and Tech Innovation Hub
Algeria is launching Africa's largest R&D facility to accelerate technological progress and boost the continent's artificial intelligence capabilities, as announced by Minister Sid Ali Zerrouki. The center will serve as a national innovation engine, supporting young researchers, startups, and ent...
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Morocco Unveils Digital Transformation Plan to U.S. Tech Leaders
Morocco has launched its Digital 2030 strategy to become a leading technology hub, focusing on cybersecurity, AI, and digital government to drive socioeconomic progress and modernization. The strategy targets increasing the digital economy's GDP contribution to 6% and creating 240,000 specialized...
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Saudi Arabia, Syria Forge Digital Health Alliance
Saudi Arabia and Syria have formed a digital health alliance, creating a direct link between Saudi Arabia's Seha Virtual Hospital and Syria's Ministry of Health to modernize healthcare delivery. The partnership enables real-time remote consultations, diagnoses, and treatment plans, aiming to impr...
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South Korea Invests $15M to Modernize Egypt's Education System
South Korea is investing $15 million to help Egypt upgrade its education system, focusing on ICT integration, teacher training, and infrastructure improvements across 54 public middle schools. The five-year initiative, launching in 2027, builds on three decades of diplomatic relations and support...
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e& UAE, AMD Partner to Build Next-Gen AI Infrastructure
e& UAE and AMD have formed a strategic alliance to accelerate AI adoption and digital transformation in the UAE, focusing on sustainability, security, and local skills development. The partnership will expand e& UAE's use of AMD technology, including EPYC processors and Instinct GPUs, to build se...
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Sindbad Tech Raises $4.8M to Pioneer Autonomous Finance
Sindbad Tech secured $4.8 million in seed funding led by Alkhabeer Capital, announced at the Money20/20 Middle East conference, reflecting strong investor interest in Saudi fintech. The funding will be used to scale autonomous finance solutions, improve transaction efficiency, and develop advance...
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