Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Vodafone Qatar reported strong financial growth in 2024, with a net profit of QR601 million, driven by increased service revenue and EBITDA. The company continues to lead in digital innovation, sustainability, and customer experience, highlighted by key partnerships and technology advancements such as the launch of Instant SIM and 5G trials.
Mumtalakat and M42 have partnered to establish the Amana Healthcare facility in Bahrain, aiming to enhance the healthcare sector with specialized long-term care services. The facility, set to open in 2025, will bring world-class medical care and create skilled jobs for Bahrainis.
PTCL’s CEO highlighted the company’s readiness to participate in Pakistan’s 5G spectrum auction, provided terms like extended payment terms and rupee-based pricing are met. The move aims to drive digital transformation and innovation while addressing the impact of currency devaluation on spectrum costs.
Pakistan’s 3G and 4G user base declined slightly in December 2024, with operators facing challenges in sustaining mobile service growth. The PTA also reported efficient complaint resolution, with 99% of consumer grievances addressed.
E& has partnered with DE-CIX to enhance its SmartHub IX data centres and expand interconnection services across the Middle East. This collaboration will improve connectivity, reduce latency, and drive innovation in the region’s digital economy.
du has accelerated the rollout of 5G-A technology and is preparing for the transition to 6G, contributing to the UAE’s digital transformation. The company is focused on expanding its infrastructure to support growing mobile data traffic and enhance connectivity, while also prioritizing sustainability.
TELNET Holding Group reported a 13.2% increase in 2024 revenues, reaching a record 70 million dinars. The company saw significant growth across its R&D, Electronic Banking, MultiMedia, and Telecom activities, while also maintaining solid profitability and advancing its CSR/ESG initiatives.
Intel’s Christoph Schell discussed Saudi Arabia’s progress in digital transformation at the WEF, emphasizing the country’s growing demand for custom technology solutions and the importance of AI with cultural relevance. The partnership with Aramco Digital and other tech advancements contribute to Saudi Arabia’s Vision 2030.
SAMA has partnered with Google to integrate Google Pay into Saudi Arabia’s national payments network, mada. The move supports Saudi Vision 2030 by advancing digital payments and promoting a less-cash-dependent society.
STC Group has acquired a 9.97% stake in Telefonica and is now seeking a board seat following Telefonica’s CEO change. This move comes after significant ownership changes at Telefonica, with the Spanish government and Criteria increasing their stakes.