Saudi National Bank prepares to introduce a new lending system for small and medium businesses through payment terminals. The Kingdom's largest bank partners with financial technology company Tarabut and payment provider Geidea for this venture. This program requires approval from the Saudi Central Bank before implementation begins. The service aims to help businesses access money faster through systems they already use for payments. This approach supports the government's Vision 2030 economic development goals.
Tarabut brings open banking technology that connects different financial services together. The company enables banks to offer quick loans through digital platforms that businesses know well. Geidea operates nearly one million...
Britam established Beta Lab as an accelerator initiative that supports technology-focused startups and innovators across multiple sectors. The program targets partnerships and potential acquisitions within insurtech and fintech companies while maintaining relationships with regulatory bodies and industry disruptors. Beta Lab addresses insurance sector challenges like limited market penetration through strategic collaboration with emerging businesses.
The accelerator provides guidance, resources, and mentorship to startups capable of transforming traditional insurance practices. Britam seeks to maintain its position as a financial services leader by embracing rapid technological advancement through this program. The company expects Beta...
President Paul Kagame selected Yves Iradukunda for a newly established government role within the Ministry of ICT and Innovation. Rwanda created this Minister of State position to advance the country's technology agenda. Iradukunda previously worked as Permanent Secretary for the same ministry before receiving this promotion. The appointment demonstrates Rwanda's commitment to using digital advances as tools for national progress. Prime Minister Justin Nsengiyumva signed the official announcement on Thursday, September 18.
The new minister expressed appreciation for the president's confidence in his abilities. Iradukunda pledged to work toward improving life for Rwandan citizens through technological innovation. His background in...
Vodafone Oman introduced the nation's first digital SIM cards equipped with PKI authentication technology. The telecommunications company addressed a security gap that prevented eSIM users from accessing critical national services. Government agencies, financial institutions, and medical facilities require PKI authentication for secure user verification. Physical SIM cards previously held exclusive access to this authentication standard. The innovation ensures continued service availability as mobile technology advances.
The breakthrough allows customers with eSIM-compatible smartphones to maintain secure connections to essential services. Apple, Samsung, and Huawei devices increasingly feature eSIM technology as the primary...
Kaspersky launched an upgraded Cloud Workload Security platform that strengthens protection for organizations operating hybrid and multiple cloud environments. The company developed this enhanced solution after joint research with ISG revealed that sixty percent of businesses struggle with monitoring and preventing runtime configuration errors in their cloud systems. The updated platform combines two core products, Kaspersky Container Security and Kaspersky Hybrid Cloud Security, to tackle these widespread security gaps. New Container Security features provide vulnerability scanning for node operating systems, improved file threat protection, and expanded compatibility with Microsoft Azure Registry and Google Cloud Platform services...
TerraPay formed a strategic alliance with D360 Bank to facilitate money transfers into Saudi Arabia. D360 Bank operates as a digital financial institution that follows Sharia law principles. The partnership creates comprehensive inbound payment channels for person-to-person, consumer-to-business, business-to-consumer, and business-to-business transactions. Recipients can receive funds through bank accounts and mobile wallet services.
The collaboration addresses previous challenges with fragmented payment systems and complex compliance procedures. TerraPy offers a single contract and unified programming interface that streamlines regulatory requirements. D360 Bank holds proper licensing from the Saudi Arabian Monetary Authority...
Deloitte opened its CyberAcademy training center in Casablanca to strengthen Morocco's cybersecurity workforce and advance the nation's digital evolution. The facility will deliver professional certifications and practical cybersecurity education programs. Young engineers, business executives, and technology professionals seeking cybersecurity careers can develop advanced technical abilities and current industry practices through academy coursework. This educational project supports Morocco's nationwide digital modernization strategy and economic development objectives. Local and international partnerships will help the academy create a skilled cybersecurity talent network that addresses rising regional employment needs.
The private...
Algeria's National Investment Fund established a major technology center as part of the country's National Digital Transformation Strategy. The project launched September 15 during a formal ceremony held in Algiers. NIIF General Manager Saleh Labbani signed agreements with leaders from four prominent technology companies. Boumediene Senussi from Optimum Telecom Algeria, Boujemaa Awaroun from IT-DEV, Falla Kawar from INET, and Jalal Saidouni from SMART TEST participated in the partnership.
The technology center will speed up digital advances across Algeria, with special focus on financial services. The hub brings together technical knowledge, infrastructure, and resources through collaboration with the National Investment Fund...
Former Pakistan cricketer Danish Kaneria criticized his national team's defeat against India during the Asia Cup Super Four match. Pakistan managed 171 runs for five wickets after twenty overs, with Sahibzada Farhan contributing fifty-eight runs and Faheem Ashraf adding twenty runs without dismissal. Indian batsmen Abhishek Sharma and Shubman Gill dominated the chase with a destructive opening partnership. Sharma struck seventy-four runs from thirty-nine deliveries while Gill scored forty-seven from twenty-eight balls. Their combined effort of one hundred five runs within the first ten overs secured India's six-wicket victory.
Kaneria expressed frustration with Pakistan's pattern of seeking blame after losses. He specifically addressed...
