Saudi Telecom (STC Group) has received approval from the Spanish government to increase its stake in Telefonica to 9.97%. The decision follows an analysis to ensure compliance with Spanish legislation and national defense interests. STC has stated that it does not seek control or a majority stake in Telefonica.
Tamkeen and Salica Investments have launched the second cohort of the Riyada Business Accelerator Program in Bahrain, inviting tech start-ups with MVPs or near-launch products to apply by December 4, 2025. The six-month accelerator will provide mentorship, funding, and commercialization strategies to empower entrepreneurs and help their businesses grow.
du is celebrating the UAE’s 53rd National Day with exclusive offers for postpaid and prepaid customers. From November 28 to December 4, postpaid users get 53GB of data, while new Prepaid Flexi yearly plan customers enjoy the same offer for a year. This aligns with du’s commitment to connecting people.
Bangladesh’s telecom consumers, entrepreneurs, and experts are calling for internet access to be recognized as a fundamental right in the country’s constitution. They also demand the inclusion of data privacy and protection clauses, highlighting the economic impact of internet shutdowns and the need for secure data handling in the digital age.
Abu Dhabi Business Week 2024 will convene over 150 global leaders, innovators, and entrepreneurs from December 4-6, focusing on growth, sustainability, and innovation. Key speakers include Netflix’s Marc Randolph, retail mogul Jo Malone, and astronaut Dr. Sara Sabry, aiming to empower startups and businesses with transformative insights.
Rasasi Perfumes has entered the metaverse by launching an immersive experience that blends the ancient allure of oud with digital innovation. Through a virtual forest, users can explore Agarwood’s rich aroma using advanced scent simulation, redefining luxury fragrance experiences and appealing to digital-native audiences.
Viasat has successfully demonstrated direct-to-device (D2D) satellite connectivity in Saudi Arabia, showcasing the potential of satellite-enabled communication for everyday devices. The demonstration highlighted the feasibility of satellite-to-cell phone connectivity and the future possibilities of seamless mobile and satellite integration, furthering the development of global connectivity solutions.
The proposed merger between PTCL and Telenor Pakistan promises to advance the country’s telecom sector by driving infrastructure development, including 5G rollout. The merger aims to improve service quality, efficiency, and connectivity, particularly in rural areas, while fostering investment and enhancing Pakistan’s competitiveness in the regional market.
Yango Drive has unveiled key trends for 2024, highlighting growing demand for flexible daily rentals and long-term mobility solutions in the UAE. The platform caters to a wide range of users, offering everything from economy cars to luxury models, while its “no deposit” option enhances accessibility for both residents and tourists.
Sohar International has launched its fully digital E-Mandate Direct Debit solution, streamlining recurring payments for individuals and businesses. This initiative enhances efficiency, security, and convenience while promoting sustainability by reducing paper usage. The new service reflects the bank’s commitment to financial innovation and aligns with Oman’s digital transformation efforts.
