Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
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.
Morocco Telecom achieved 1.2% revenue growth to MAD 27.27 billion (USD 2.95B) in the first nine months of 2025, supported by African subsidiaries and broadband demand, offsetting local market pressures.
stc Kuwait recorded KD 255.7 million in revenue and KD 25.8 million in profit for the first nine months of 2025, reflecting steady growth, improved efficiency, and strong progress in digital transformation and 5G expansion.
e& reported AED 8.8 billion net profit in H1 2025, up 60.7% year-on-year, with strong 5G, AI, and cloud ecosystem expansion. The company launched the UAE Sovereign Cloud Launchpad, partnered with Qualcomm and AWS, and continued driving digital transformation across global markets.