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Telecom
Telecom
Dubai telecom du posts AED 319 mn in Q3 net profit
A 12.7 percent increase
Qatar
Qatar’s Ooredoo posts nine-month revenue of $4.66 billion in 2022
Revenue up 4 percent and free cash flow up 3 percent
Saudi Arabia
stc invests further $300 mn to accelerate regional digital champions growth
Funding directed to MENA-based tech investment firm STV
Saudi Arabia
stc Group receives PIF offer for acquiring 51% stake in its “TAWAL” company
Offer valued at more than SAR 21 bn
Region
Ooredoo Tunisia invests in Peace subsea cable system to Europe
Investment is set to be operational in early 2024
Telecom
etisalat by e&, Builder.ai, partner to support UAE-based SMBs
On their digital journey
Saudi Arabia
Zain Saudi Arabia earns SAR 1.1 bn from towers sale to PIF
Company will acquire 20% stake in GLI when financial completion achieved
Interviews
The company that dares to digitally enable LIFE
stc into fintech, IoT, AI, data, connectivity, 5G, e-gaming and all what matters
Saudi Arabia
stc Group launches Center3 to enhance digital economy growth in Saudi
A billion-dollar investment
Telecom
Arabsat to send up 7A satellite with SpaceX’s Falcon 9
The 7A will ensure more efficient use of spectrum
Op-eds
Samsung Electronics extends reach, diversity and innovative capabilities amidst crises
Consumer-electronics purchase behavior constantly changing
Saudi Arabia
Saudi’s stc shareholders approve 150% capital hike to SAR 50 bn
Largest capital increase for listed company in Saudi stock market
Saudi Arabia
The ICT sector in Saudi may reach $53 bln in 2025
stc: "Today, we have reached 70% Saudisation rate"
Saudi Arabia
stc launches Saudi Vision Cable, the 1st high-capacity submarine cable in Red Sea
Its length is 1,160,000 meters long
Telecom
e& reports net profit of AED 4.9 bn for H1
Profits rose by 2,5%
Qatar
Is Qatar’s Ooredoo planning an exit from Myanmar?
Mobile data remains difficult to access in parts of Myanmar
Telecom
Cellular tariff hurts the Lebanese, fails to solve telecom sector
One of the main challenges is failure to implement law 431
Kuwait
Kuwait among top countries in mobile internet speed
It scored fifth globally and third in GCC
Kuwait
Virgin Mobile launches first virtual network operator in Kuwait
Virgin Mobile Kuwait offers users a completely digital experience
Saudi Arabia
stc, Alibaba to launch cloud services in Saudi
The new investment is valued at $238.3 million
Saudi Arabia
Nonprofit City launches smart strategy
Solutions by stc contracted to implement the strategy
Telecom
UAE’s e& becomes Vodafone’s biggest shareholder
The group confirms $4.4 billion acquisition of Vodafone
Telecom
Dubai telecom operator Du posts net profit jump of AED 311 mn
The surge is driven by sustained demand for broadband and mobile services
Saudi Arabia
Saudi’s “solutions by stc” to buy controlling stake in Egypt’s Giza System
The deal is worth $158 million
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