Intelligent CIO Middle East Issue 121 | Page 33

PROJECT ROUND-UP

BAHRAIN EGYPT
Beyon Cyber, part of the Beyon Group, has signed a MoU with Bahrain Polytechnic to collaborate on advancing AI research and supporting the development of national cybersecurity expertise.
The partnership underscores a shared commitment to strengthening Bahrain’ s position as a regional leader in AI-driven security operations and to nurturing the next generation of Bahraini talent in emerging technologies.
Bahrain Polytechnic is introducing new postgraduate research programmes at both Master’ s and Doctoral levels, focused on Cybersecurity and AI. The collaboration will also enable the exploration of patentable innovations, reinforcing Bahrain’ s standing as a regional hub for AI and cybersecurity research while expanding pathways for local job creation and talent development.
QNB Group, one of the largest financial institutions in the Middle East and Africa, has announced the license approval has been received for a digital-first banking entity, ezbank, from the Central Bank of Egypt.
This milestone reflects the Group’ s commitment to supporting the Central Bank of Egypt’ s vision for financial inclusion and Digital Transformation, as well as the government’ s broader economic development strategy.
The license approval for ezbank is an important step in Egypt’ s on-going efforts to transform the banking sector. By securing the approval, ezbank positions itself at the forefront of this transformation, reflecting Egypt’ s growing role as a hub for innovation and financial inclusion.
Prof. Ciarán Ó Catháin, CEO of Bahrain Polytechnic, said:“ This collaboration aligns with Bahrain Polytechnic’ s mission to bridge the gap between academia and industry.” ezbank will combine advanced digital technology with international best practices to offer seamless financial services to a broad customer base. The bank will use mobile-first platforms, AI-driven tools and smart risk management to make transactions easier, increase access and support Egypt’ s digital economy.
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