Commerce Minister Piyush Goyal will visit Saudi Arabia on October 29-30 to discuss energy transition, digital transformation, and trade facilitation. His meetings aim to strengthen India-Saudi Arabia relations and explore opportunities in agriculture, energy, and technology. Goyal will also attend the Future Investment Initiative in Riyadh.
The PTCL Group, Pakistan’s largest telecom conglomerate, is facing significant financial challenges despite reporting a 15.3% increase in revenue to Rs160.6 billion for the first nine months of 2024. The company posted a net loss of Rs15.3 billion, highlighting ongoing operational struggles.
The Ministry of Transport, Communications, and Information Technology (MTCIT) in Oman has signed a cooperation agreement with the University of Technology and Applied Sciences (UTAS) to promote digital transformation. Together, they will launch a Master of Science program in Digital Transformation and Innovation, aimed at equipping future leaders with essential skills.
A delegation from Dubai Electricity and Water Authority (Dewa) visited Microsoft in Los Angeles to explore AI solutions aimed at enhancing productivity and advancing smart infrastructure. Led by CEO Saeed Mohammed Al Tayer, the discussions focused on Microsoft’s 365 Copilot and smart building technologies to support Dewa’s sustainability goals.
Jordan has made significant improvements in international rankings for internet download speeds, climbing to 84th place in cellular services and 31st in fixed internet, driven by regulatory efforts and the upcoming rollout of 5G services. These advancements highlight the nation’s commitment to enhancing its digital infrastructure.
Orange Jordan is enhancing its 5G coverage while promoting the “Subscribe & Win with 5G” campaign, allowing subscribers to win prizes like a 2024 BYD ATTO 3 electric car and PlayStation 5 consoles. The campaign aims to encourage the adoption of innovative 5G services across the kingdom.
Grameenphone experienced a modest profit growth of 1.0% in Q3 2024, reaching Tk 7.55 billion, despite challenges from rising operational expenses and political unrest. Revenue fell 3.8% to Tk 39.5 billion due to internet shutdowns, but nine-month profits grew 8.60% to Tk 29.55 billion.
Wahyd’s platform integrates real-time data insights and machine learning algorithms to support efficient decision-making, reduce downtime, and offer transparency across the logistics journey.
stc has reported strong financial results for the first nine months of 2024, with revenues reaching KD 261.8 million, driven by consumer sector growth. The company continues to lead in digital transformation and innovation within Kuwait’s telecommunications market.
du achieved a 49.7% rise in net profits for the first nine months of 2024, marking a significant year with robust revenue growth and operational efficiency.
