Zain Bahrain reported a 2.6% increase in Q2 2024 net profit to BD 1.35 million and a 7.6% rise in H1 2024 EBITDA to BD 11.79 million. Revenue for H1 2024 grew by 3.5% to BD 38.44 million. The company highlighted significant achievements in 5G innovation, sustainability, partnerships, and awards for excellence.
The Institute of Business Management (IoBM), New Horizon, and Huawei Technologies showcased their new IT infrastructure at an event in Karachi. The initiative aims to enhance digital transformation in education, improve data security, and support innovative teaching. Key speakers emphasized the importance of technology in modernizing education and driving Pakistan’s technological advancement.
The Communications, Space and Technology Commission (CST) held a one-month Aerospace Engineering Internship Program with Boeing for scholarship students. The program, featuring theoretical studies and practical projects, aims to develop national capabilities, enhance skills in space technologies, and prepare students for the job market, contributing to the nation’s growth in space sciences.
Ooredoo reported a 14% increase in normalised net profit to QR1.9 billion for H1 2024. Revenue grew by 3% to QR11.8 billion, and EBITDA rose by 6% to QR5.1 billion. The company completed the sale of Ooredoo Myanmar and launched several strategic initiatives, including the “walletii” mobile money app and MENA Digital hub.
Digital Dubai, in collaboration with government and private sector partners, is implementing the Strategic Vision for the Data Centre Economy. This initiative aims to position Dubai as a leading destination for sustainable, AI-driven data centres, enhancing digital transformation and economic productivity, and supporting next-generation technologies like Web 3.0, Metaverse, and Smart Cities.
Leading UAE telecom company e& reported a 6% increase in H1 2024 revenue, reaching AED28.3 billion ($7.7 billion), and a 17% rise in net profit to AED5.5 billion ($1.5 billion). The strong performance was driven by innovation and digital transformation, with the subscriber base growing to 175 million.
