Telecom

Yahsat, Bayanat merger to be completed on October 1, to list as SPACE42

On October 1, Bayanat will change its trading symbol to SPACE42

Ooredoo Qatar upgrades to Oracle Exadata Cloud@Customer, pioneering AI-driven innovation

Database 23c AI will bring advanced AI capabilities, streamlining app development and enhancing critical workloads

Dubai iPhone 16 prices, features and Apple Intelligence: All you need to know

Pre-orders for the four iPhone 16 models begin on September 13 in the UAE

Abu Dhabi’s Yahsat approves interim dividend of $55.79 million for H1 2024

Dividends will be distributed to shareholders registered by the end of the business day on September 12

UAE to host major global events in September: All you need to know

The DIFC will host the inaugural Dubai AI & Web3 Festival on September 11-12 at Madinat Jumeirah

UAE telemarketing rules: Key guidelines companies must follow

Violations and penalties range in value from AED10,000 to AED150,000 depending on the type and nature of the violation

Saudi’s stc Group recommends 37.5 percent increase in annual dividends, totaling $2.93 billion over 3 years

The group reported 7.73 percent surge in net profit, 4.79 percent rise in revenues in H1 2024

du, etisalat by e& partner with Nakheel to provide fixed telecom services for key Dubai projects

The partnership will deliver cutting-edge telecom services to Dubai's citizens, residents, and visitors.

Telecom Egypt revenues surge 35 percent to $774 million in H1 2024

Company's EBITDA reached EGP15.5 billion, up 29 percent annually and recording a margin of 41 percent

e& and du paid $963.78 million in federal royalty to UAE government in H1 2024

The aggregate amount of royalty payable by the e& group in the first half of 2024 reached $748.43 million

e& revenue climbs 6 percent to $7.7 billion in H1 2024

The e& board approved an interim dividend of 41.5 fils per share for the first half of 2024

stc Group net profit rises 7.73 percent to $1.76 billion in H1 2024, revenues up 4.79 percent

The group attributes this growth in revenues to the increase in stc KSA’s revenues by 0.6 percent

Dubai’s du posts 54.2 percent net profit surge to $322.35 million in H1 2024

In its Q2 2024 financial results report, du announced that its net profit reached AED581 million

Telecom Egypt partners with Nokia for 5G services in major cities

Nokia will deploy 5G radio access network (RAN) equipment from its industry-leading AirScale portfolio in Egypt

ADNOC, e& partner to build energy industry’s largest private 5G wireless network

The 5G network is projected to generate $1.5 billion in value during the first five years of its operation

Abu Dhabi’s Yahsat selects SpaceX to launch advanced new geostationary satellites AY4 and AY5

The agreement is part of the AY4 and AY5 procurement program, expected to cost $1.06 billion

e& UAE, Khalifa Fund for Enterprise Development partner to accelerate local startup growth

Khalifa Fund members will gain access to special offers and tailored telecommunications and digital solutions from e& UAE through a dedicated online portal

e& UAE adopts TM Forum and Camara-based Open APIs, launches Developer Portal to drive innovation

The strategic move will enable third-party developers and startups to access and leverage API solutions

Dubai’s du partners with Oracle Alloy to offer hyperscale cloud and sovereign AI services in the UAE

Through Oracle Alloy, du will offer over 100 OCI services, plus its own cloud services and apps

Airbus to construct Yahsat’s new Al Yah 4, Al Yah 5 satellites

AY4 and AY5 procurement program will likely reach a total cost of $1.1 billion

UAE tightens telemarketing rules, announces fines of up to $41,000

Telemarketing calls can only be made between 9am and 6pm

center3 completes acquisition of CMC Networks

Acquisition aligns with center3’s strategic vision for growth and expansion in the Middle East and African markets

Huawei advances digital transformation with F5G-A networks

Huawei's launch of F5G-A products and solutions addresses three key trends in the optical industry