Mobile Telecommunications Company K.S.C.P. reported third-quarter sales of KWD 500.61 million, a rise from KWD 485.11 million last year, with net income increasing to KWD 54.12 million. For the nine months, sales grew to KWD 1,445.46 million, but net income dropped to KWD 135.53 million.
Egypt has launched the InvestIT programme to support seed and pre-Series A tech startups. In collaboration with Flat6Labs, ITIDA, and TIEC, the programme offers consultancy, tools, and investor connections to help startups scale operations and enhance their competitiveness, fostering growth in Egypt’s digital economy.
The “Build By Her” hackathon series empowers women in Pakistan’s STEM fields, supporting women-led startups through mentorship and skill-building. The latest event saw innovative projects pitch for seed funding, highlighting the potential of women entrepreneurs to drive economic growth and technological progress across Pakistan.
Algérie Télécom has launched a pioneering 1.2 Gbps high-speed internet package, part of its Idoom Fibre offerings, marking a significant leap in Africa’s digital connectivity. Announced at a regional workshop, this service reinforces Algeria’s commitment to digital transformation and expanding fiber optic networks nationwide.
Google Cloud Summit Saudi Arabia underscored the Kingdom’s digital transformation goals and Google Cloud’s pivotal role. Marking the Dammam Cloud Region’s anniversary, it brought together leaders, showcased innovations in AI, and highlighted initiatives for startups, developers, and women in tech, fueling Saudi Arabia’s Vision 2030.
Space42, in partnership with the UAE Ministry of Education, has launched a campaign to inspire the next generation of scientists. UAE public school students will visit Yahsat Space Services, engage with engineers, and explore satellite technology. This initiative aligns with the nation’s goals to advance STEM education and space exploration.
Ericsson and e& UAE have partnered to explore 6G technology and its future mobile network evolution. The collaboration focuses on advancing 6G concepts, leveraging both companies’ expertise to shape the next generation of connectivity, and aims to enhance the digital transformation in the UAE and beyond.
The Saudi Ministry of Communications and Information Technology has launched the LogisTech Challenge to drive innovation in the logistics sector. The competition focuses on improving fleet sustainability, alternative delivery solutions, and data-driven logistics intelligence. Participants will undergo training and pitch their solutions in January 2025.
Qatar’s Communications Regulatory Authority (CRA) has issued the fifth version of the Class License for Short-Range Devices, introducing new frequency bands and increased flexibility for transmit power values. This update aligns with international standards and supports Qatar’s National Vision 2030 by enhancing communication technology services across the country.
Ooredoo has partnered with Jusoor to advance workforce development and innovation in Qatar. This collaboration focuses on supporting entrepreneurship, attracting talent, and fostering workforce growth through key programs. The initiative aligns with Qatar’s vision for economic development and digital transformation.
