Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Beyon, Bahrain’s telecom giant, reports a 1% rise in net profit to BD56.2 million and a 6% revenue increase in the first nine months of 2024. Comprehensive income surged by 22%, driven by favorable investment gains. EBITDA margin remained steady at 40% amidst consistent growth.
Telecom Egypt and Alcatel Submarine Networks have successfully landed the Africa-1 subsea cable system at the Ras Ghareb cable landing station. This initiative, part of a larger project to enhance connectivity across the Middle East and Africa, is expected to boost broadband capabilities and meet growing demand for high-speed communications.
Salesforce is enhancing its commitment to digitally transform businesses in Sri Lanka by leveraging AI technology, aligning with the country’s 2030 vision for a digital economy. The launch of Agentforce aims to revolutionize customer experiences and drive efficiency for leading Sri Lankan companies across various industries.
Huawei Cloud has hosted its first Fintech Summit 2024 in Egypt, focusing on cloud services for the fintech sector. The event showcased solutions like Huawei Cloud KooVerse, addressing security compliance and digital transformation needs. It emphasized the importance of cloud technology in driving financial inclusion and supporting Egypt’s Vision 2030.
Batelco has signed a memorandum of understanding with Qareeb Data Centers to establish Bahrain’s first White Space Data Centre as part of Beyon’s Data Oasis project. This collaboration aims to enhance digital infrastructure and explore colocation services, responding to the growing demand for digital solutions in the region.
Zain Bahrain has received the “Sustainability in HR Award” at the 2024 HRM Summit Awards for its commitment to sustainable practices. Key initiatives include the National E-Waste Competition, the “Natawasul” sign language health service, and a Paperless Initiative, all emphasizing the company’s leadership in sustainability and digital transformation.
Digital Dubai has launched the Digital Skills Survey to assess the evolving digital talent needs of public and private sector organizations. The survey will focus on identifying skills gaps, particularly in AI, and aims to support Dubai’s digital transformation and strengthen its digital economy as part of the Dubai Economic Agenda D33.
Egypt-based agritech startup Viridia Tech has been awarded the $100,000 grand prize at the 2024 Mega Green Accelerator in Saudi Arabia for its data analytics platform that enhances sustainable farming practices. The competition showcased innovative solutions to food security, clean energy, and the circular economy across the MENA region.
The People’s National Assembly (APN) of Algeria has inaugurated its new data center, located on the fifth floor of its building, on October 31, 2024. The facility is touted as one of Algeria’s most modern and will handle data processing, storage, and security systems.
Trend Micro’s Trend Vision One has been recognized as a leader in the Network Detection and Response category by G2 Grid. The platform excels in advanced security capabilities and user satisfaction, demonstrating its commitment to innovation and excellence in cyber resilience amidst rising cybercrime threats.