{
}
QNB Group has signed three strategic MoUs at Web Summit Qatar 2025 to enhance fintech innovation and digital transformation in Qatar. Collaborations with Qatar Financial Centre, Qatar Development Bank, and Rasmal Ventures aim to boost fintech adoption, investment, and support for startups, reinforcing Qatar's position as a global fintech hub. CEO Abdulla Mubarak Al-Khalifa emphasized the importance of these partnerships in advancing digital finance and fostering a thriving entrepreneurial ecosystem.
Aamal IT has partnered with Huawei to enhance cloud services and drive digital transformation in Qatar. The collaboration, formalized through a Memorandum of Understanding at the Web Summit in Doha, will see Aamal IT join Huawei's Cloud Partner Network, leveraging advanced cloud technologies to optimize operations across various industries. This strategic alliance aims to position Aamal IT as a key player in the technology sector, fostering innovation and growth for its clients.
Egypt's fintech sector has experienced a remarkable 5.5-fold growth over the past five years, driven by digital payments, lending solutions, and a youthful, tech-savvy population. Government initiatives and a supportive regulatory environment are fostering financial inclusion and innovation, positioning Egypt as a leading fintech hub in the MENA region. However, challenges such as regulatory complexities, digital literacy gaps, and cybersecurity concerns must be addressed to sustain this growth.
Alkremeya is transforming Libya's grocery industry through digital innovation, aiming for expansion in North Africa and the MENA region. The company plans to invest in AI and machine learning, enhance partnerships, and empower local communities, positioning itself as a leader in the B2B digital economy. Meanwhile, Egypt's fintech sector has surged 5.5 times in five years, driven by digital payments and lending, supported by government initiatives to foster financial inclusion and innovation.
Yuno has partnered with Snoonu to enhance the payment infrastructure in Qatar, focusing on innovation, security, and efficiency in digital transactions. This collaboration will integrate Yuno's payment orchestration technology into Snoonu's super app, improving transaction approval rates and payment security. The partnership aligns with Yuno's strategy to support the digital economy in the Middle East, following the establishment of its regional headquarters in Qatar.
Aamal Company has signed a Memorandum of Understanding with its subsidiary Aamal Information Technology and Huawei to enhance cloud solutions in emerging markets. This partnership will integrate Aamal IT into the Huawei Cloud Partner Network, leveraging advanced cloud technologies to drive growth and digital transformation for businesses. CEO Rashid bin Ali al-Mansoori emphasized the collaboration's potential to position Aamal IT as a leader in the technology sector.
Yuno and Snoonu have formed a strategic partnership to enhance digital payment solutions in Qatar, signing a Memorandum of Understanding at Web Summit Qatar 2025. This collaboration will integrate Yuno’s payment orchestration technology into Snoonu’s platform, improving payment efficiency, security, and user experience while supporting Qatar’s fintech growth. The partnership aligns with Qatar’s National Vision 2030, aiming to advance digital commerce in the region.
Bitcoin mining is increasingly utilizing renewable energy sources, with around 60% of operations powered by clean energy, which enhances grid efficiency and reduces carbon emissions. Genesis Digital Assets Limited (GDA) is innovating by repurposing excess heat and using stranded gas, while expanding its capacity in Texas, a key hub for mining due to favorable energy policies. As the U.S. accounts for 36% of global Bitcoin mining power, the industry is evolving into a significant player in the energy sector, driving sustainability and innovation.
The QRDI Council launched the Small Business Innovation Grant at Web Summit Qatar 2025 to support early-stage ventures, aiming to enhance R&D in SMEs and drive economic diversification. This initiative provides essential resources for innovation, positioning Qatar as a global hub for technological advancement. Interested startups can apply through the Innolight platform.
Snap Inc. has partnered with Qatar’s Government Communications Office to launch the MENA region's first Augmented Reality Academy at Web Summit Qatar 2025. This initiative aims to enhance digital innovation and align with Qatar’s Vision 2030 by equipping developers with advanced AR skills, fostering a thriving creator ecosystem in the region. With over 85% of daily Snapchat users in MENA engaging with AR, the academy is set to unlock new opportunities and position Qatar as a leader in immersive technology.
QAT
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
QNB Group enhances fintech innovation with strategic partnerships at Web Summit 2025
13:14 27.02.2025
Aamal IT and Huawei collaborate to enhance cloud services in Qatar
10:23 27.02.2025
Morocco's Mouja platform wins award for innovation in blue tourism
Euro
United States Dollar
Qatar Airways
QAT
MAR
EGY
NLD
Fatim-Zahra Ammor
Peter Mollema
Will Smith
Zurab Pololikashvili
Anas Zaki
Omar Rezk
Karim Zidan
Badr Mohammed Al Meer
Show more
09:11 27.02.2025
Moroccan startup Mouja wins UN award for sustainable maritime tourism innovation
United States Dollar
Qatar Airways
ARE
USA
NLD
TUN
SAU
QAT
EGY
LBY
Peter Mollema
Omar Rezk
Will Smith
Badr Mohammed Al Meer
Show more
09:01 27.02.2025
yuno and snoonu collaborate to enhance payment systems in qatar
06:51 27.02.2025
Aamal and Huawei partner to enhance cloud solutions in emerging markets
00:45 27.02.2025
Yuno and Snoonu partner to enhance digital payments in Qatar
16:48 26.02.2025
bitcoin mining reshapes energy markets through sustainability and innovation
13:55 26.02.2025
Qatar launches Small Business Innovation Grant to boost SME development
13:12 26.02.2025
snap and qatar launch mena's first augmented reality academy at web summit
12:29 26.02.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Retail and Consumer Goods
Finance Mergers & Acquisitions
Global Financial Events
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Global Trade Developments
Market Analysis and Predictions
Financial Scams and Security
Government Policies
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Supply Chain Management
Government Economic Policies
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Bank of America Corporation
Credit Suisse Lux Digital Healt
Citigroup Inc.
Wells Fargo & Company
UBS Group AG
BNP Paribas SA
Banco Santander, S.A.
Morgan Stanley
Lloyds Banking Group plc
Commerzbank AG
UniCredit S.p.A.
Huawei Technologies CO. Ltd.
SpaceXCoin USD
Berkshire Hathaway Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Mexican Peso
United Arab Emirates Dirham
Offshore Chinese Yuan
Hong Kong Dollar
Indonesian Rupiah
Saudi Riyal
South Korean Won
Turkish Lira
Malaysian Ringgit
People: