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.
Synapse Analytics secured $2 million in funding to expand its AI technologies across the GCC and Africa. The investment, led by Silicon Badia and Hub 71, will enhance financial inclusion and decision-making for financial institutions. Synapse’s AI solutions include credit scoring, dynamic pricing, and eKYC, positioning it as a key player in digital finance transformation.
stc pay Bahrain achieved PCI DSS v4.0 certification, highlighting its commitment to secure digital payment transactions. The rigorous audit by a Qualified Security Assessor ensured compliance with global standards. This milestone reinforces stc pay’s position as a leader in the digital payment landscape, providing customers with a secure and reliable financial platform.
Du, in collaboration with Nokia and MediaTek, achieved a 70% boost in uplink performance on its 5G Advanced network in the MEA region. This trial, a first in the region, utilized advanced 5G technologies to enhance connectivity and indoor coverage, supporting high-demand applications like video conferencing and live streaming.
United Arab Emirates: The Telecommunications and Digital Government Regulatory Authority (TDRA) has launched the Knowledge Hub program designed to train employees…
The FAO launched the Digital Agriculture Consortium (DAC) in Islamabad, aiming to transform Pakistan’s agriculture through digital means. The event showcased advanced technologies and discussed strategies to enhance productivity and efficiency. The DAC will integrate key stakeholders to drive the digital transformation of agriculture, fostering collaboration and sustainable development across Pakistan.
Cartona, a B2B platform digitizing Egypt’s traditional trade market, raised $8.1 million in a Series A extension. The funds will accelerate growth, expand market share, and support regional expansion. The company’s asset-light model and strong unit economics have driven substantial growth, now serving over 188,000 retailers across 17 Egyptian cities.
UNESCO Kathmandu organized a consultation on AI in Education, uniting over eighty stakeholders to explore AI’s transformative potential in Nepal’s education system. Discussions focused on integrating AI to enhance learning, promote inclusivity, and develop robust policies. This initiative aims to prepare students for a tech-driven future and improve educational outcomes.
Al-Attal Properties has partnered with Orange Egypt to equip its Park Lane and West Leaves projects with advanced communication services through Orange’s Triple Play. This collaboration aims to enhance internet, telephone, and IPTV services, creating smart urban communities with modern infrastructure and sustainable designs in the New Administrative Capital and 6th of October City.
Grameenphone launched ‘gpfi unlimited’, a fixed wireless access service providing Wifi-like internet without cables. Customers can choose from routers priced at Tk 4,000 and Tk 7,500, and plans ranging from Tk 1,000 to Tk 1,900 per month. The launch event featured key figures from the telecom industry and Grameenphone executives.
