Nepal Telecom Limited (NTC) will distribute a cash bonus of NPR 55 per share to shareholders from its profits for the fiscal year 2074/75. The proposal was approved during NTC’s 11th annual general meeting, and bonuses will be disbursed through NMB Bank starting January 15.
Orange Jordan sponsored an IoT event at PSUT, bridging the gap between academia and industry while promoting innovation in technology. The event featured expert talks and workshops on the latest IoT developments, providing students and professionals with a platform for collaboration and exploring new opportunities in the tech sector.
Raseedi has acquired Kashat, owner of Pharos Microfinance S.A.E., to expand its product offerings by introducing instant loans for Egypt’s underbanked population. This acquisition enhances Raseedi’s daily fintech app and leverages its credit scoring algorithm to offer quick, digital loans to small business owners, driving financial inclusion.
PTCL has restored full internet services in Pakistan following the repair of the AAE-1 undersea cable. After facing slow speeds and access issues in 2024, PTCL teams worked swiftly to resolve disruptions. The added bandwidth minimized service interruptions, ensuring smooth browsing for users, including on major social platforms.
Tawakkalna continues to improve digital services for Saudi citizens, residents, and visitors by offering access to over 600 e-government services. The app simplifies daily tasks and supports government entities with technical integration. Its ongoing updates align with Saudi Arabia’s Vision 2030 goals for enhanced digital government services.
The International Crimes Tribunal (ICT) ordered the NTMC and BTRC to preserve data from the August mass-uprising period and instructed telecom operators to assist in the investigation. The tribunal also addressed a media report on a non-existent order regarding wealth statements, calling for an explanation from the reporter.
On Pan African Post Day, Algérie Poste highlighted its role in financial inclusion, managing over 29 million postal accounts and providing services to 15 million Gold Card holders. The organization continues expanding its digital services, ensuring accessibility for all, including those with special needs, and fostering sustainable development and economic growth.
beIN SPORTS launches a new podcast series, Tales, Tears & Trophies, hosted by Mikael Silvestre. The six-part series features exclusive interviews with football stars like Joe Hart, Ashley Cole, and Luis Garcia, providing unique insights into their careers and personal journeys at the highest level of professional football.
Iraqi Prime Minister Mohammed Shia Al-Sudani emphasized the government’s support for the long-term partnership with Vodafone, focusing on the new 5G network. The agreement aims to modernize Iraq’s telecom infrastructure, increase efficiency, and enhance service quality, with the goal of joining the 54 countries already utilizing 5G technology.
Nepal has seen a rapid shift towards digital payments, driven by the COVID-19 pandemic and improved mobile and internet access. The Payment System Oversight Report 2023/24 highlights significant growth in platforms like connectIPS, QR codes, and mobile banking, as traditional payment methods like cheques and cards show slower adoption.
