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10 July 2025
  • New BenQ PD Series Monitors Empower Designers with Color Precision from Concept to Creation
  • NTT DATA appoints Vinesh Maharaj as the Director of Smart Manufacturing & Industry for the Middle East Africa Region.
  • ServiceNow teams up with Ferrari Hypercar to boost real-time raceoperations
  • stc Group Launches Nationwide LTE Network for Mission-Critical Sectors in Saudi Arabia
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Headlines
  • New BenQ PD Series Monitors Empower Designers with Color Precision from Concept to Creation

    9 hours ago9 hours ago
  • NTT DATA appoints Vinesh Maharaj as the Director of Smart Manufacturing & Industry for the Middle East Africa Region.

    9 hours ago9 hours ago
  • ServiceNow teams up with Ferrari Hypercar to boost real-time raceoperations

    10 hours ago10 hours ago
  • stc Group Launches Nationwide LTE Network for Mission-Critical Sectors in Saudi Arabia

    10 hours ago10 hours ago
  • RAKBANK Partners with Bitpanda to Launch Comprehensive Digital Assets Platform in UAE

    10 hours ago10 hours ago
  • Sri Lanka to Connect All Secondary Schools to Internet by End of 2026

    10 hours ago10 hours ago
  • Tarmeez Capital Secures Strategic Funding from stc Group’s Tali Ventures to Accelerate Sukuk Fintech Growth in Saudi Arabia

    10 hours ago10 hours ago
  • Saudi Arabia Sets Global Standard in Mobile-First Shopping Fueled by Female Consumers

    10 hours ago10 hours ago
  • Qatar’s Snoonu Joins Forces with Saudi Arabia’s Jahez Group, Achieves QR 1 Billion Valuation

    10 hours ago10 hours ago
  • Syntys Powers Ooredoo’s Sovereign AI Cloud Launch in Qatar with Next-Gen Data Centers

    10 hours ago10 hours ago
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Popular News

1

Jordan and Syria to Hold Technical and Economic Forums as Reconstruction Gains Momentum

  • Emerging Technologies
2

Saudi Arabia and UAE Compete to Become Middle East’s Leading AI Tech Hub with Massive Investments in Data Centers and Innovation

  • Emerging Technologies
3

IBM Unveils Plan for World’s First Large-Scale Fault-Tolerant Quantum Computer by 2029

  • Emerging Technologies
4

Saudi Arabia and UAE Vie for AI Supremacy in Middle East with Massive Investments and Data Center Expansion

  • Emerging Technologies
5

How Digital Tools Are Revolutionizing Your Engineering Job Search

  • Emerging Technologies
6

stc Group Introduces Advanced IoT Technologies and Smart Tents to Enhance Hajj Pilgrimage Experience

  • Emerging Technologies
7

VEON and QazCode Launch AI Tutor to Enhance Kazakh Language Learning

  • Emerging Technologies
8

Cisco Unveils Quantum Network Entanglement Chip and Quantum Labs to Accelerate Quantum Internet

  • Emerging Technologies

Financial

  • Financial

Sudatel Telecom Group Reports Decline in Net Profits and Revenues for 2024

Shahzaib3 months ago3 months ago01 mins

Sudatel Telecom Group reported a decline in net profits to $18.25 million for 2024, down from $21.27 million in 2023. Operating revenues also fell to $381.68 million, and total assets decreased to $758.79 million, reflecting a slowdown in the company’s financial performance.

Read More
  • Financial

Zain Announces 35 Fils Cash Dividend for 2024, Reflecting Strong Financial Performance

Shahzaib3 months ago3 months ago04 mins

Zain has announced a 35 fils cash dividend for 2024, totaling KD151.4 million ($492 million), reflecting a 73% payout ratio. The dividend follows a semi-annual payout and is part of Zain’s strategy to drive business growth, despite socio-economic challenges, with a focus on digital transformation and new revenue streams.

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  • Financial

UAE’s e& Approves 83 Fils Per Share Cash Dividend for 2024

Shahzaib3 months ago3 months ago04 mins

e& announced a cash dividend of 83 fils per share for FY 2024, marking another successful year of growth. The company reported record revenues of AED 59.2 billion and net profits of AED 10.8 billion. e& plans to further its transformation and digital innovation in 38 countries.

Read More
  • Financial

Telecom Egypt Approves Cash Dividends of EGP 1.5 Per Share for 2024

Shahzaib3 months ago3 months ago01 mins

Telecom Egypt has approved a cash dividend of EGP 1.5 per share for 2024, with ex-dividend and payment dates set for April 17th and April 24th. The company’s consolidated net profits dropped by 3.78%, totaling EGP 10.098 billion, compared to EGP 11.720 billion in 2023.

Read More
  • Financial

Telecom Egypt Approves EGP 2.56 Billion Cash Dividend for 2024

Shahzaib3 months ago3 months ago01 mins

Telecom Egypt has approved a cash dividend of EGP 2.56 billion for 2024, amounting to EGP 1.50 per share. The company reported consolidated net profits of EGP 10.10 billion for 2024, with standalone net profits after tax reaching EGP 2.78 billion, reflecting strong financial performance.

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  • Financial

Telecom Egypt Approves EGP 2.56 Billion Cash Dividends for 2024

Shahzaib4 months ago4 months ago01 mins

Telecom Egypt has approved cash dividends of EGP 2.56 billion for 2024, distributing EGP 1.50 per share. The company reported consolidated net profits of EGP 10.10 billion, with standalone net profits of EGP 2.78 billion for the same year.

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  • Financial

Deliveroo Posts First Annual Profit Amid Growing Orders and Revenue, Despite Hong Kong Exit

Shahzaib4 months ago4 months ago04 mins

Deliveroo achieved its first annual profit, posting £2.9 million after tax for the year. Despite exiting markets like Hong Kong and Spain, the company saw a two percent increase in revenue and orders. Moving forward, Deliveroo plans to expand grocery and retail offerings, while supporting restaurant partners’ growth.

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  • Financial

Omantel’s Market Share and Profits Decline in 2024

Shahzaib4 months ago4 months ago02 mins

Omantel’s market share dropped by five percentage points in 2024 to 48% of Oman’s telecom market, leading to a 3% decrease in net profit, which amounted to $795 million. Competitors such as Ooredoo, Vodafone, and Awasr gained ground, impacting Omantel’s position in the country’s telecom sector.

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  • Financial

Alpha Data’s IPO Sees Strong Debut, Offering Growth and Income Potential

Shahzaib4 months ago4 months ago01 mins

Alpha Data’s shares rose nearly 7% on debut after raising $163 million in its IPO. With a market cap of $408 million, the company is positioned for growth in the digital infrastructure sector. It also announced a high dividend yield of 8.7% for 2025, attracting both growth and income investors.

Read More
  • Financial

Ooredoo Announces QR0.65 Per Share Dividend After Strong 2024 Financial Performance

Shahzaib4 months ago4 months ago03 mins

Ooredoo shareholders approved a QR0.65 per share cash dividend after the company reported strong growth in 2024, with a 2% revenue increase and a 14% rise in net profit. Key developments include partnerships with NVIDIA, the launch of a new data center, and the acquisition of the ‘Fibre in Gulf’ subsea cable.

Read More
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Popular News

1

Syntys Powers Ooredoo’s Sovereign AI Cloud Launch in Qatar with Next-Gen Data Centers

  • AI
2

Indosat Ooredoo Hutchison Launches Vision AI: Advanced AI-Based Surveillance Solution for Industry Transformation

  • AI
3

Samsung Electronics Unveils Galaxy Z Flip7: Compact AI-Powered Foldable Phone with New FlexWindow

  • AI
4

Futurity Launches Sri Lanka’s First AI-Native R&D Centre in Colombo to Drive Innovation and Client Delivery

  • AI
5

Pakistan Launches Data Vault, Its First AI-Focused and Solar-Powered Data Centre

  • AI
6

Kuwaiti AIoT Association and Saudi AI Governance Authority Sign Strategic Cooperation Agreement to Advance AI and IoT in Gulf Region

  • AI
7

Morocco Launches Graduate School of Engineering Focused on Digital Transition and AI

  • AI
8

Huawei Partners with Egyptian Universities to Launch AI Program Reaching Over 25,000 Students

  • AI
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