Quantum has raised $7 million in funding to expand its operations and refine its advertising technology platform. The investment will support the company’s growth in the GCC and Southeast Asia. With a data-driven approach, Quantum aims to reshape the ad tech industry and become a global leader in the next few years.
The Saudi Broadcasting Authority (SBA) has signed a long-term partnership with Arabsat to expand the global reach of Saudi TV channels. The collaboration, which includes broadcasting via key Arabsat satellites, aims to enhance Saudi media’s visibility, promote Saudi culture, and offer high-quality content to viewers globally.
Nepal has imported 1.229 million smartphones worth Rs 19 billion in the first seven months of FY 2024/25, showing an increase in both the number and value of imports compared to the previous year. This growth reflects the rising demand for smartphones, especially those priced between Rs 20,000 to Rs 30,000.
Invest Qatar has partnered with Naseej for Technology to enhance Qatar’s digital transformation efforts. The collaboration focuses on human capital development, AI, data analytics, and cultural institution digital platforms. Naseej will establish a presence in Qatar, contributing to innovation, sustainable growth, and the country’s expanding digital economy.
Thales strengthens its partnership with Qatar Airways by expanding IFE services to the airline’s new A321 NX fleet, including the FlytEDGE solution. The collaboration includes the creation of a local service hub in Doha, aimed at enhancing operational excellence and supporting the airline’s growth and technological advancements in aviation.
Sri Lanka will introduce mobile number portability in June 2025, allowing users to switch telecom operators while retaining their numbers. The decision, aimed at boosting competition in the sector, was announced during a Ministerial Consultative Committee meeting. This long-awaited move is expected to benefit consumers and enhance market dynamics.
The Pakistan Telecommunication Authority (PTA) has initiated the licensing of VPN service providers to ensure the legitimate use of private internet gateways. This move aims to improve data security, privacy, and regulatory compliance, supporting the IT and e-commerce sectors and ensuring uninterrupted service for businesses and stakeholders in Pakistan’s digital economy.
Vodafone Oman celebrates its third anniversary with a strong market presence, 14% market share, and impressive growth. The company’s 5G rollout covers 98% of the population, while revenue grew by 58% in 2024. Its investments prioritize Omani SMEs, and its commitment to cybersecurity and digital transformation remains strong.
IFC is contemplating a $20 million investment in WorldLink Communications Ltd, Nepal’s largest ISP, to support the expansion of the country’s digital infrastructure. The investment aims to enhance connectivity, promoting economic growth and digital inclusion in Nepal, in line with IFC’s commitment to improving digital access in emerging markets.
HMD has launched the Crest 5G smartphone in Nepal, featuring 12 GB of RAM, a 50 MP selfie camera, and a rich display at an affordable price. The launch marks a pivotal moment for HMD, as it introduces its first smartphone, targeting Gen Z consumers with a focus on creativity, sustainability, and user experience.
