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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Telecom
Telecom
UAE’s e& secures board membership in Vodafone
Following stake increase in British company to 14.6%
Saudi Arabia
stc Group achieves highest quarterly revenues in its history
Company's net profit reached SAR3,109 mn
Telecom
UAE’s e& records consolidated revenues of $3.5 bn in Q1
Company registered 13.9 mn subscribers
Saudi Arabia
stc’s longest subcable to connect 33 countries by 2024
A step towards digital expansion
Telecom
e& further raises Vodafone stake
Stake raised to 14.6%
Saudi Arabia
stc provides largest indoor coverage solutions for King Abdulaziz Endowment
In Makkah
Telecom
UAE’s e& acquires majority stake in Careem Super App for $400 mn
As part of e&'s plan to expand consumer digital offerings
Region
center3, Huawei to build Huawei Cloud Region in Saudi
center3's goal is to provide digital infrastructure and data center solutions
Interviews
center3 aims to establish Saudi Arabia as MENA’s data center hub
Initiative aims to bridge three continents with advanced hosting tech
Saudi Arabia
Mobily demonstrates global achievements at Capacity 2023
Interview with Khalid Al-Osaimi, Vice President of Wholesale Marketing, Mobily, Saudi Arabia
Saudi Arabia
stc Group to power F1 stc Saudi Arabian Grand Prix 2023
By providing digital infrastructure
Region
Zain Group 2022 revenues jump to $5.6 bn
Net profit up 6%
Interviews
Capacity 2023: Exclusive Interview with Fahad Al Hajeri, CEO of center3
Integrated solutions through 16 submarine cables and 25 data centers
Saudi Arabia
stc Group awarded the sustainability ME champion of the year
Confirms its outstanding achievements in driving sustainability in region
Region
Challengers in the telecom sector need to extract growth from saturated markets
Saturated markets characterized by price wars and monetization challenges
Telecom
UAE’s e& increases stake in Vodafone to 3.79 bn shares
UAE company now owns 14% of Vodafone Group
Saudi Arabia
Saudi’s stc reports highest-ever 2022 revenue of SAR67 bn
Up 7.02 percent as compared to 2021
Saudi Arabia
stc launches its corporate investment fund
To invest in 9 advanced technological areas, including fintech, cybersecurity
Telecom
e& raises stake in Vodafone to 3.2 billion shares
Or 12 percent
Region
stc Group to feature latest medical digital solutions at Arab Health 2023
To increase digital empowerment in the healthcare industry
Egypt
Telecom Egypt positions country on global map via submarine cables
Company invested $500 million to develop international infrastructure
Telecom
Motorola Solutions introduces AI-powered video security solutions
To help organizations detect, analyze critical events
Saudi Arabia
stc is most valuable telecom brand in the Middle East
A value of $12.3 billion, according to Brand Finance
Oman
Oman Cables launches the Global Sustainability Academy
Involving all the 29,000 Prysmian employees across over 50 countires
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