Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Bangladesh has approved a SIM-lock smartphone installment policy allowing telcos to sell devices on flexible payment plans, expanding access for low-income users and accelerating digital inclusion while ensuring fair competition and consumer protection.
Zain Group achieved its best performance in 16 years, with KD 1.7 billion in revenue and 31% profit growth, driven by fintech, AI, and enterprise solutions under its 4WARD strategy — reaffirming its position as MENA’s leading digital powerhouse.
Zain posts 16-year-high revenues of KD1.7 billion, driven by subscriber and data growth; net profit climbs 31% year-on-year as expansion in Iraq and Sudan boosts performance.
Ooredoo Group posted a 6% profit rise to QR3.1 billion and upgraded its dividend policy following strong 9-month performance driven by regional growth, digital investments, and data centre expansion. Strategic ventures in towers, fintech, and AI-ready infrastructure continue to strengthen its MENA leadership.
Zain Group posted a record $5.4 billion in revenue for the first nine months of 2025, up 15% year-on-year, driven by strong growth across digital verticals and operations. The Group declared a second interim dividend and reaffirmed its 4WARD strategy focus on AI, sustainability, and customer experience.
Kuwait City, October 29, 2025 — Zain Group, a leading telecommunications and digital services provider operating across eight markets in the Middle East and Africa, has announced a 16-year high consolidated revenue of KD 1.7 billion ($5.4 billion) for the first nine months of 2025, marking a 15% year-on-year (YoY) increase.
Zain Group achieved record nine-month revenue of $5.4 billion (+15%) and net profit of $581 million (+31%), driven by strong data, fintech, and enterprise growth. With 51 million customers and a 16-year revenue high, Zain continues to lead digital transformation across the Middle East and Africa.
Robi Axiata PLC posted a Tk625 crore profit in the first nine months of 2025, up 55% year-on-year, driven by cost efficiency despite a slight 2.5% revenue drop. The operator added 1 lakh new users in Q3 and now covers 99% of the population with its 4G network.
e& posted Q3 2025 revenue of $5.06 billion and net profit of $816.8 million, up 29.2% and 39.7% year-over-year respectively. With 202.2 million subscribers and growing AI, cloud, and 5.5G investments, e& reinforced its position as a global tech leader driving the UAE’s digital transformation.
Thawani Pay became Oman’s first fintech licensed by Visa to issue credit cards, marking a major step in digital payments innovation and aligning with Oman Vision 2040’s financial inclusion goals.