Telecom Egypt has approved a cash dividend of EGP 2.56 billion for 2024, amounting to EGP 1.50 per share. The company reported consolidated net profits of EGP 10.10 billion for 2024, with standalone net profits after tax reaching EGP 2.78 billion, reflecting strong financial performance.
Bangla Phone Ltd has been granted a Nationwide Telecommunication Transmission Network (NTTN) licence by the BTRC, after an 11-year wait. The licence allows the company to build and manage a fibre-optic transmission network, improving broadband access and reducing service costs. The move aims to expand telecom infrastructure across Bangladesh.
Dinar, a new digital platform launched in Bahrain, provides in-depth coverage and analysis of economic trends, investment opportunities, and government initiatives. It aims to foster public dialogue, enhance economic awareness, and support informed discourse through interactive tools, multimedia content, and expert commentary, contributing to Bahrain’s business landscape.
Zain Group has launched its innovative Global M2M Offering, enabling OEMs to seamlessly integrate their devices across regional markets with a single point of integration. The solution simplifies connectivity management and ensures compliance with local regulations, enhancing device adoption and transforming business operations across the Middle East and Africa.
Orange Jordan has partnered with Al-Rai to accelerate digital transformation in the media sector, focusing on modernizing infrastructure and enhancing technological integration in journalism. The agreement aims to improve Jordan’s media landscape, with Orange Jordan reinforcing its role as a trusted digital leader offering innovative solutions for various sectors.
Sabic reaffirmed its commitment to sustainable growth at the Boao Forum for Asia 2025, emphasizing the importance of innovation, collaboration, and cross-regional partnerships. The company highlighted its investments in China, including a new petrochemical complex and plans for an engineering thermoplastics plant, and discussed the chemical industry’s role in the energy transition.
Presight has partnered with Microsoft to launch the Presight AI-Startup Accelerator, aiming to empower AI startups with cutting-edge technology, mentorship, and funding. The collaboration will help startups refine AI-powered products, optimize strategies, and integrate into global markets, driving innovation and scalability within the UAE and beyond.
du has launched its Business Roamer Plan, offering 10GB of roaming data, 300 outgoing minutes, and 200 incoming minutes monthly for Dhs325. This plan, designed for business travelers, provides global coverage in over 170 countries, addressing issues like unpredictable roaming charges and connectivity disruptions for professionals on the go.
Ant International has partnered with LankaPay to enable cross-border mobile payments via Alipay+ in Sri Lanka. Travelers from 10 countries can now use mobile payment apps at over 400,000 merchants across the country, enhancing payment convenience for tourists and boosting local businesses, with a focus on tourism-driven growth.
Starlink satellite broadband service is set to launch in Sri Lanka in April 2025, offering high-speed, low-latency internet access to remote areas. The government has ensured quality service and addressed national security concerns, with no outstanding issues for the service’s rollout.
