Tech
Durana tech park launches in Albanian capital
PM Edi Rama hopes new tech park to ultimately bring €0.5bn in budget revenues by backing Albanian tech talent.
TikTok reports intense fraudulent activity related to elections in Romania
Video sharing network reveals the scale of online manipulation around Romania's cancelled 2024 presidential election, with nearly 100,000 fake accounts blocked.
Tether breaks record, surpasses dollar in Tehran crypto market
Tether cryptocurrency has reached a new record high of IRR 1.04mn, surpassing Ferdowsi Street's hard dollar exchange rate on March 30 as people dump the rial further weakening the national currency.
Kazakhstan has emerged as one of world’s fastest-growing technology hubs, says report
Value of country's startup ecosystem soared to $26bn in 2024, up 18-fold since 2019, says Dealroom.co and Astana Hub analysis.
SplxAI raises €6.45mn backed by Bulgaria-based LAUNCHub
Funding to be used to further develop SplxAI’s platform, which provides automated security testing, remediation and monitoring for AI agents and applications.
Russia's VK Plans to launch a copycat of China's WeChat
Russian tech giant VK, which has recently disclosed significant losses, is planning to introduce a “super-app” in an effort to replicate the functionalities of China’s widely used WeChat app.
Albanian journalists and rights groups challenge TikTok ban in court
The government ordered internet providers to block TikTok for one year from March 13, citing safety concerns.
_1742813486.jpg)
IMF: How Artificial Intelligence can boost productivity in Latin America
Latin America and the Caribbean has long been a region with one of the most informal labour markets. A large part of the workforce is outside of the formal economy, leaving many people without access to benefits and protections.
_1742436223.jpg)
Indonesia to launch national data centre by April 2025
Equipped with 25,000 core processors, 200 terabytes of memory, and 40 petabytes of storage, the facility will operate with an initial electricity capacity of 20 megawatts, expandable to 80 MW.
Tether emerges as a key crypto for Russia's foreign trade.
Recent reports indicate that Russia has been increasingly using the crypto stablecoin Tether in international transactions in a bid to circumvent Western sanctions.
Iraq ditches dollar in digital dinar bid to end parallel market
Iraq's Central Bank is preparing to launch a digital dinar as part of its transition to digital currency management as it prepares to take steps away from a cash-based economy.
Telegram CEO Durov returns to Dubai amid French investigation
Telegram founder has left France and returned to his adopted home of the United Arab Emirates after several months detention in the country.
Albanian opposition Democrats protest against TikTok ban
The Democrats have accused the ruling Socialist Party of exploiting a teenager's death linked to an online dispute to tighten control over online speech ahead of this year’s general election.
Saudi Arabia’s first “AI employee” goes online, saving 10,000 man-hours
Saudi Arabia has launched the first "digital employee" in the Kingdom, saving 10,000 man-hours in local employees' work.
Russia uses crypto in Chinese and Indian oil trade
Russian oil traders are said to uses cryptocurrencies in settlements for oil trade with China and India
Turkish logistics startup Navlungo raises $6.5mn across pre-Series A rounds
Search engine enterprise seen as potential unicorn.
Canada’s Enghouse acquires Slovenian transit tech firm Margento R&D
Slovenia-based Margento provides transit fare collection, account-based ticketing, automatic vehicle tracking and payment solutions.
Israel launches satellites built by students into space from California
Nine small research satellites built by high school students were launched into orbit from Vandenberg Space Force Base
Iraq establishes National Mobile Company with Vodafone partnership
Iraq to create National Mobile Company to operate 5G technology in partnership with Vodafone International
Tehran-based ride-hailing giant sets record with nearly 6mn daily trips
Uber clone in Islamic Republic reaches new daily ride record of 5.8mn.