Telecom Egypt has announced a dividend distribution of EGP 1.5 per share, with the record date set for April 17, 2025, and payment on April 23, 2025. This marks the company’s 23rd coupon and highlights its ongoing commitment to providing value to shareholders.
The Bangladesh Investment Development Authority (Bida) is set to launch the Bangladesh Business Portal, a unified digital platform to streamline investment services. The portal will integrate existing government systems, allowing investors to access all necessary services through a single interface, simplifying the process for local and foreign entrepreneurs.
INJAZ Bahrain and BBK successfully hosted the BBK FinSec Knights Hackathon, empowering university students to develop innovative cybersecurity solutions. The event provided expert-led workshops and hands-on learning, with financial prizes awarded to the best teams. This initiative underscores the importance of preparing the next generation for the evolving cybersecurity landscape.
Khaleeji Bank has launched Visa+, a digital money transfer service that enables users to send funds across GCC countries using just the recipient’s mobile number, without needing card details or IBANs. This innovation enhances security and simplifies cross-border transactions, reinforcing Khaleeji Bank’s leadership in digital banking.
Fortinet’s survey reveals that 85% of African businesses are investing in AI, with Kenya and Egypt leading adoption efforts. Despite the promise AI holds for enhancing operations and cybersecurity, companies face challenges like integration, staff training, and data privacy. AI’s potential in cybersecurity remains largely untapped across the continent.
Egypt has inaugurated the African Space Agency’s headquarters in the New Administrative Capital’s Space City, marking a key milestone in Africa’s space industry. The facility will foster continental collaboration, enhance Egypt’s satellite capabilities, and contribute to sustainable development goals. The country continues to lead space advancements in Africa.
Prime Minister Shehbaz Sharif has highlighted Pakistan’s growing interest in enhancing space cooperation with China, focusing on satellites, telecommunications, and satellite internet. Discussions with Galaxy Space’s delegation could lead to joint projects, while Pakistan continues to advance its space technology with satellite launches and plans for satellite internet services.
Ericsson is expanding its antenna manufacturing in India, aiming to localize 100% of passive antenna production by June 2025. This strategic move will support India’s 5G rollout, accelerate time to market, and strengthen Ericsson’s position in the global supply chain, with significant export opportunities alongside domestic demand.
MTN has officially exited Afghanistan, transferring its stake to M1 Group, which will now operate the company under the brand name ATOMA. The handover ceremony marked the completion of MTN’s strategic shift to focus on African markets, with ATOMA pledging to improve network services and user experience in Afghanistan.
AI-driven personalization in the GCC retail sector faces major challenges, primarily due to a lack of skilled professionals, data management issues, and executive support gaps, according to a new white paper from Al Futtaim Group. It calls for investment in talent development and ethical AI practices to meet evolving customer demands.
