Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Space42’s H1 2025 results highlight steady profit, strong cash position, and secured funding backed by significant future revenues. Growth in Space Services and advancements in Smart Solutions, including Thuraya-4 satellite and geospatial platforms, position the company for accelerated expansion in H2 2025.
Ooredoo’s robust H1 2025 financials and strategic investments across data centres, fintech, tower assets, and subsea cables position it as a regional digital transformation leader. The Group continues expanding 5G and AI services while maintaining strong profitability and customer growth.
Microsoft has become the second company ever to cross a $4 trillion market cap, driven by strong AI and cloud growth. Nvidia remains the leader at $4.4 trillion. Microsoft’s revenue grew 18% and net profit 25% in the latest quarter.
e& reported a 23.3% revenue increase and 60.7% profit growth in H1 2025, expanded its subscriber base, launched key digital initiatives, and earned global recognition for innovation and growth.
Vodafone Qatar’s H1 2025 net profit rose 12.1% to QR329 million, driven by revenue growth and cost efficiency, with service revenue and subscriber base expanding alongside strong EBITDA and ROE performance.
Ooredoo posted a 4% net profit increase to QR1.9 billion in H1 2025, supported by strategic investments, expanded fintech services, and growth in key markets, while maintaining a disciplined financial position and reaffirming full-year guidance.
Beyon posted a 9% revenue increase to BD242.8 million in H1 2025, driven by mobile, broadband, and digital services growth. Despite tax-related net profit decline, strong EBITDA and regional expansions, including Bahrain’s first digital eSIM launch, underpin confidence in its growth strategy.
Orange’s Africa and Middle East segment led a 12.8% EBITDAaL growth, prompting the group to raise its 2025 growth target above 3%. The company reported solid H1 results, with strong Orange Money growth and a new cybersecurity division launch.
stc Group achieved record H1 revenues of SAR 38.66 billion with net profit up 13.38%. Growth was driven by cost efficiency, digital banking expansion, and a strategic Oracle cloud partnership. Sustainability efforts boosted its MSCI ESG rating to “A.”
Telecom Egypt’s Q2 2025 financial results will offer insights into its performance across fixed and mobile services, digital infrastructure, and cloud offerings, reflecting its pivotal role in Egypt’s telecom sector.