News
Oracle Is Planning To Build Two New Cloud Regions In Morocco
The data centers will be situated in Casablanca and Settat, bringing the global tech company’s number of MENA facilities to eight.
Oracle is planning to open two new data centers in Morocco, which are expected to boost one of North Africa’s fastest-growing IT ecosystems and add to the influx of investments in the MENA technology scene.
The facilities are to be built in the capital, Casablanca, and the southern city of Settat. They will support digital transformation in Morocco and across North Africa while bringing the number of Oracle’s global cloud regions to 72. The company will offer dedicated, public, hybrid, and multi-cloud services to both enterprises and start-ups, as well as universities and government agencies.
“As one of the largest economies in Africa […] Morocco offers unique growth opportunities for businesses that are aiming to accelerate their expansion by deploying the latest digital technologies,” explained Richard Smith, executive vice president for technology in Europe, the Middle East and Africa at Oracle.
The rate of adoption for cloud services in the Middle East continues to grow, driven by a technology-savvy young consumer base and a rapidly evolving digital landscape. The technology sector in Morocco is one of Africa’s fastest-growing and is now a vital component of its economy.
Also Read: Meet JAIS Chat: The AI-Powered Chatbot For Arabic Speakers
Overall, Morocco’s economy continued to strengthen last year, with real gross domestic growth expected to reach around 3.5% in the medium term.
“Oracle’s strategic investment marks a significant milestone in North Africa’s digital transformation journey,” noted Jyoti Lalchandani, regional managing director for the Middle East, Turkey, Africa, and India at market intelligence firm IDC.
Including the latest news about Morocco, Oracle’s MENA cloud regions have now increased to eight. In South Africa, the company has data centers in Johannesburg, and another is planned for Kenya. Meanwhile, the Middle East has centers in Abu Dhabi, Dubai, and Jeddah, with two additional facilities planned for the Saudi capital, Riyadh, and the high-tech city of Neom.
News
Visa’s Return To Syria Starts With A Test And A Bank In Lebanon
Foreign visitors will be the first users to benefit, but whether Syria’s own banks and cardholders follow is still an open question.
Visa is returning to Syria. Its first live international card transaction in the country was a test rather than a launch, and the milestone event ran through a Lebanese bank.
The acquirer (the bank on the merchant’s side of a card payment) was Fransabank Lebanon, with Paymera as the other named partner. Nadim Moujaes, who heads a Fransabank Group subsidiary, describes the test as both the culmination of “longstanding efforts to link Syria back to international payment networks” and “the first step in a larger path”.
Syrian President Ahmed Al-Sharaa makes the first electronic payment in Syria using a @Visa card at a store in Damascus, following the lifting of US sanctions on Syria. pic.twitter.com/lpAN7nQ6Fc
— Tech Magazine (@TechMGZN) August 27, 2026
“We are excited to have successfully tested live transactions today as we plan to enable international visitors to use their Visa cards while in Syria,” says Leila Serhan, Visa’s senior vice president and group country manager for the North Africa, Levant and Pakistan region. Although a significant first step, that plan doesn’t come with a hard date for when a visitor’s card will work normally.
Mohammed Safwat Raslan, governor of the Central Bank of Syria, says the test paves the way for international card acceptance in Syria and that maintaining strong compliance, risk management and operational controls will remain essential. Serhan likewise stresses that Visa has worked within applicable legal, regulatory and compliance requirements. For a test transaction, it seems there was a great deal of attention paid to the rules, with the entire operation being carefully managed.
Also Read: Lebanon’s 5G Era Begins With 150 Stations And A $1M Budget
The test is the latest step in a sequence that began in December 2025, when Visa announced a strategic roadmap to support Syria’s integration into the global digital economy. In February 2026 it hosted its first industry gathering of banks, ecosystem partners and policymakers in Damascus and, the same month, signed an agreement with Syria’s Ministry of Communications and Information Technology in San Francisco.
Michel Kattouah, Paymera’s CEO, called the test “the return of international card acceptance,” but while that’s positive news, there’s no word yet on when a Syrian bank will issue a Visa card to a Syrian customer.
-
News3 weeks agoInstagram Redraws Its Wordmark And The Internet Reads “Instagzam”
-
News3 weeks agoAnghami’s New Elite Program Starts With A Three-Decade Catalog
-
News3 weeks agoQatar Is Getting Its First EV Plant, Built To Cope With Gulf Heat
-
News3 weeks agoDubai’s aradus Wants AI To Run The Back Office Of Physical Trade
