Intelligent CIO Middle East Issue 58 | Page 30

PROJECT UPDATE LATEST REGIONAL PROJECT UPDATE EGYPT Egypt’s Minister of Communications and Information Technology, Amr Talaat, has outlined the steps the country is taking to implement its national strategy for AI. Talaat said that a promising capacity building programme had been launched with the aim of introducing all segments of society to AI. KSA Saudi Arabia-based stc pay, a digital wallet and subsidiary of stc Telecom Company, and digital payments firm Visa, have signed a strategic partnership to launch customercentric financial services and digital payment solutions to stc pay customers. The new agreement, Visa’s first fintech collaboration in Saudi Arabia, further builds on stc pay and Visa’s alliance from 2018, and will involve issuance of Visa payment credentials to millions of stc pay customers. 30 INTELLIGENTCIO www.intelligentcio.com