Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Telecom Egypt and Alcatel Submarine Networks have successfully landed the Africa-1 subsea cable at Ras Ghareb, Egypt, boosting connectivity across Africa, the Middle East, and Europe. This 10,000-kilometer, high-capacity system aims to enhance global data capacity and resilience for bandwidth-intensive needs.
Bahrain has attracted over $100 million in investments from Singapore across financial services, ICT, and tourism sectors. The Bahrain Economic Development Board highlighted this milestone at the Singapore Fintech Festival, showcasing Bahrain’s appeal as a business-friendly hub with advanced regulatory frameworks and a skilled workforce.
Etihad Airways and e& UAE have signed an MoU to integrate loyalty programs, enhance marketing, and promote Abu Dhabi as a premier destination. The collaboration aims to boost customer engagement, provide flexible benefits, and support small businesses, aligning with both companies’ long-term goals.
Beyon, Bahrain’s telecom giant, reports a 1% rise in net profit to BD56.2 million and a 6% revenue increase in the first nine months of 2024. Comprehensive income surged by 22%, driven by favorable investment gains. EBITDA margin remained steady at 40% amidst consistent growth.
Telecom Egypt and Alcatel Submarine Networks have successfully landed the Africa-1 subsea cable system at the Ras Ghareb cable landing station. This initiative, part of a larger project to enhance connectivity across the Middle East and Africa, is expected to boost broadband capabilities and meet growing demand for high-speed communications.
The initiative, dubbed “Project Transcendence,” will focus on developing AI infrastructure, supporting startups, and attracting global talent.
The data center is built in cooperation with Omantel, enhancing Oman’s position as a key connectivity hub in the region
Both initiatives highlight the growing role of telecom operators in driving environmental sustainability and promoting circular economy practices.
A new SAP survey reveals a surge in demand for AI expertise in the UAE, with 84% of companies planning to hire specialized AI staff.
Positive Technologies is actively expanding its partner network geographically, including regions beyond the Middle East, to enhance cybersecurity capabilities globally.