Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Jordan’s tourism sector recorded an 18 percent increase in visitor numbers and a 16 percent rise in tourism revenues in the first half of 2025. Key destinations like the Dead Sea saw significant growth, supported by infrastructure development, targeted marketing, and public-private collaborations enhancing accessibility and services.
Orange Egypt secured an $80 million syndicated loan from EBRD and Banque Misr to fund its 5G license acquisition and network expansion. The upgrade aims to improve connectivity, foster digital services growth, and reduce carbon emissions, supporting Egypt’s digital transformation and sustainability goals.
Morocco Telecom Group has raised over €272 million through its first private bond issuance, attracting strong investor interest and signaling financial strength. The funds will support network upgrades, digital initiatives, and expansion across Africa, boosting the company’s capacity for growth and innovation in a competitive telecom market.
Free WiFi hotspot services by Nepal’s ISPs are reported to cost telcos Rs 14 billion annually by reducing mobile data usage, fueling revenue concerns amid regulatory disputes and licensing fee imbalances. The Nepal Telecommunications Authority is considering shutting down these services, potentially affecting consumer internet access practices.
UAE’s e& now holds a 16% effective stake in Vodafone following the telecom giant’s share buyback program, which reduced Vodafone’s share capital without e& acquiring additional shares. The move aligns with Vodafone’s strategy to optimize its capital structure and boost shareholder returns.
Pakistan’s IT and telecom sector grew strongly in FY2025 with $2.8 billion in IT exports, expanding freelance workforce, and telecom infrastructure. Government initiatives aim to boost exports to $15 billion under the TechdestiNation campaign.
EBRD and Banque Misr provide $80 million loan to Orange Egypt for 5G licence acquisition and network upgrade. The project enhances digital services, reduces CO2 emissions, and supports Egypt’s sustainable telecom growth, reflecting strong international confidence in the country’s digital economy.
Turkcell has secured a $150 million Shariah-compliant Murabaha financing facility from Dubai Islamic Bank to fund its digital infrastructure projects, including data centers and renewable energy. This five-year deal supports Turkcell’s strategy to diversify funding sources and strengthen ties with Gulf-based investors.
Nepal Telecom to sell 30% shares to the public, with the government maintaining majority ownership, as announced in the 2025/26 budget speech.
SLT-Mobitel delivered a strong Q1 2025 turnaround with a PAT of Rs. 2,001 million, led by growth in broadband and mobile data. The company’s revitalization reflects strategic leadership, technology innovation, and stakeholder collaboration, positioning it as a cornerstone of Sri Lanka’s digital transformation.