du posts record AED 2.9 billion net profit for 2025 as shareholders approve full-year dividend of equal size
Emirates Integrated Telecommunications Company, operating as du, has reported a record net profit of AED 2.9 billion for the full…
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EV Startup GoSwap Secures Seed Funding to Electrify Morocco
Morocco’s GoSwap raises seed funding to scale battery-swapping EV infrastructure, reducing costs, emissions, and charging time for urban mobility and delivery fleets.
Sudan to enable USSD-based financial services for wider inclusion
Sudan is introducing USSD-based banking services to expand financial access, especially for users without reliable internet or smartphones.
Jazz invests Rs58.7b in FY25 to expand digital platforms, network capacity
Pakistan’s largest telecom operator Jazz invested Rs58.7 billion in FY25 to strengthen network capacity, expand digital platforms, and accelerate its evolution into an integrated digital service company under the JazzWorld ecosystem.
MTN Uganda sees record service revenue and fintech growth in 2025
MTN Uganda reported strong financial growth in 2025, with total revenue rising 13.6% to UGX 3.6 trillion and service revenue increasing 13.4%. Data and fintech services drove performance, with data revenue up 28.8% and fintech revenue up 17.3%. The operator also expanded 4G and 5G coverage while continuing investments in network infrastructure and digital financial services.
Air Link Subsidiary Select Technologies Announces PSX Listing Plans
Select Technologies Limited is moving toward a public listing on the PSX, appointing Arif Habib Limited as the lead manager for the IPO. Founded in 2021, Select has quickly become a key manufacturing arm for Air Link, already operating state-of-the-art assembly lines for global brands like Xiaomi. The upcoming IPO is expected to fund further capacity expansion, particularly in the domestic production of consumer electronics, reducing Pakistan’s reliance on imported finished goods.
Omantel Reports Explosive 87% Profit Surge in 2025 as Digital Pivot Pays Off
Omantel achieved a group net profit of OMR 371 million in 2025 (+87.7% YoY) and revenue of OMR 3.41 billion (+11.4%). Growth was driven by a 56.7% surge in ICT services and Zain Group contributions. The company declared a 55% dividend, supported by 5G expansion and a regulatory reduction in mobile service royalties.
Ooredoo Group Approves Record QR0.75 Dividend Following Historic $1 Billion Profit
The Ooredoo Annual General Meeting approved a QR0.75 per share dividend following a record-breaking 2025 where normalized profits exceeded $1 billion, driven by strong performances in regional markets and a strategic pivot toward AI-ready digital infrastructure.
Maroc Telecom completes first private bond issuance worth 3 billion dirhams
Maroc Telecom raises 3 billion dirhams through its first private bond issuance to refinance debt and fund investments in 5G, fibre networks and digital services across Africa.
Ooredoo Kuwait Approves Record 150 Fils Cash Dividend Following 56% Profit Surge
Ooredoo Kuwait shareholders officially approved a record cash dividend of 150 fils per share during their general assembly on March 4, 2026. This payout is the highest in the company’s history, representing a significant increase from the 90 fils distributed the previous year.