Qlik Announces Close of Significant Investment Led by ADIA and Thoma Bravo
With strong market adoption and platform innovation, Qlik continues advancing enterprise AI with discipline and scale Philadelphia and San Francisco,…
2025
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Libya Launches ‘Medusa’ Submarine Cable to Connect with Europe and Boost Digital Transformation
Libya’s LPTIC has launched the “Medusa” submarine cable project, connecting the country to Europe through an 8,700-kilometer undersea cable. The project aims to enhance internet speed and quality in key cities, support 5G, and drive digital transformation by improving services and data governance across public institutions.
Iran to Roll Out 5G Internet in Major Cities by March 2025
Iran plans to roll out 5G internet in major cities by March 2025, with a focus on metropolises. The government will auction radio frequencies needed for the expansion, and an agreement with South Korea will enable 5G on Samsung phones. The network will offer speeds up to 500 Mbps.
Buraimi Governorate Achieves 100% School Connectivity with High-Speed Internet
All schools in Buraimi Governorate are now connected to high-speed Internet, with 100% coverage via fiber optics and 5G. Residential areas also benefit from 5G and fiber-optic broadband, with satellite services for remote villages. TRA has expanded 5G and 4G stations and completed 32 telecom projects in 2024.
Nepal Telecom Launches 4G Mobile Data Service in Kotrang, Jajarkot
Nepal Telecom has launched 4G mobile data services in Kotrang, Junichande Rural Municipality, Jajarkot, marking the first introduction of 4G in the area. The service also includes 2G coverage, enabling faster data, reliable voice services, and video calling. NTC aims for nationwide coverage and future 5G implementation.
du Partners with Ignyte to Accelerate AI Innovation and Support UAE Startups
du has partnered with Ignyte, a DIFC-backed digital platform, to accelerate AI innovation and support UAE startups. The collaboration offers mentorship, funding, and digital solutions to enhance SME growth and digital transformation. It also strengthens du’s role in fostering a sustainable, innovative ecosystem for entrepreneurs.
Mastercard and LankaPay Partner to Accelerate Sri Lanka’s Digital Economy
Mastercard and LankaPay have partnered to enhance Sri Lanka’s digital economy through three key initiatives: co-branded debit cards, low-cost QR payments for tourists, and AI-powered fraud detection. These efforts aim to improve financial inclusion, support SMEs, and boost tourism-driven revenue, advancing the country’s digital transformation.
Dialog Axiata Reports Strong Q1 2025 Results with Record Revenue and Profit Growth
Dialog Axiata reported a strong performance in Q1 2025, with revenue reaching Rs 43.3 billion, a 4% increase YoY. EBITDA grew 45% YoY to Rs 19.7 billion, with an EBITDA margin of 45.5%. NPAT rose 49% YoY to Rs 4.1 billion. The company also reported significant tax contributions and robust cash flow.
Standard Chartered Launches Third Edition of ‘Women in Tech’ Accelerator in Saudi Arabia
Standard Chartered has launched the third edition of its ‘Women in Tech’ accelerator programme in Saudi Arabia, in partnership with Falak Investment Hub. The programme supports women-led startups with tech-driven solutions, offering mentorship, masterclasses, and $45,000 in grants to top performers. Applications are open until June 27, 2025.
Saudi Launches Digital Service for Hajj 2025 Permits via Tawakkalna App
Saudi Arabia has launched a new service via the Tawakkalna app for displaying all official Hajj 2025 permits. Integrated with the Tasreeh platform, the service allows both domestic and international pilgrims to access various permits required for the pilgrimage. Strict regulations are in place to prevent unauthorized pilgrims.