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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

    8 hours ago8 hours ago
  • NTT DATA appoints Vinesh Maharaj as the Director of Smart Manufacturing & Industry for the Middle East Africa Region.

    8 hours ago8 hours ago
  • ServiceNow teams up with Ferrari Hypercar to boost real-time raceoperations

    8 hours ago8 hours ago
  • stc Group Launches Nationwide LTE Network for Mission-Critical Sectors in Saudi Arabia

    8 hours ago8 hours ago
  • RAKBANK Partners with Bitpanda to Launch Comprehensive Digital Assets Platform in UAE

    8 hours ago8 hours ago
  • Sri Lanka to Connect All Secondary Schools to Internet by End of 2026

    8 hours ago8 hours ago
  • Tarmeez Capital Secures Strategic Funding from stc Group’s Tali Ventures to Accelerate Sukuk Fintech Growth in Saudi Arabia

    8 hours ago8 hours ago
  • Saudi Arabia Sets Global Standard in Mobile-First Shopping Fueled by Female Consumers

    8 hours ago8 hours ago
  • Qatar’s Snoonu Joins Forces with Saudi Arabia’s Jahez Group, Achieves QR 1 Billion Valuation

    8 hours ago8 hours ago
  • Syntys Powers Ooredoo’s Sovereign AI Cloud Launch in Qatar with Next-Gen Data Centers

    8 hours ago8 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
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How Digital Tools Are Revolutionizing Your Engineering Job Search

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

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VEON and QazCode Launch AI Tutor to Enhance Kazakh Language Learning

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

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Financial

  • Financial

Telecom Egypt Reports Strong Revenue Growth in First Nine Months of 2024

Abu Areej8 months ago8 months ago04 mins

Key Takeaways: Cairo, Egypt – Telecom Egypt has announced strong financial results for the first nine months of 2024, with a…

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  • Financial

Sri Lanka Telecom PLC Reports Improved Financial Performance in Q3 2024

Abu Areej8 months ago8 months ago03 mins

The company achieved a net profit in Q3 2024, compared to a net loss in the same period last year. This positive trend continued for the nine-month period as well.

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  • Financial

Telecom Egypt Reports 5.59% Drop in Net Profit for the First Nine Months of 2024

Shahzaib8 months ago8 months ago02 mins

Telecom Egypt reported a 5.59% YoY decline in consolidated net profit for the first nine months of 2024, totaling EGP 8.637 billion. Operating revenues rose to EGP 58.43 billion. The company’s standalone profit also decreased during the same period, reflecting a challenging year for the telecom operator.

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  • Financial

Saudi Arabia’s Public Investment Fund Completes $1.03 Billion Sale of Stake in Saudi Telecom Company

Shahzaib8 months ago8 months ago02 mins

The Public Investment Fund (PIF) of Saudi Arabia completed the sale of 100 million shares in Saudi Telecom Company (stc), raising $1.03 billion. The oversubscribed offering marks the largest accelerated bookbuild in Saudi Arabia and the MENA region. PIF retains 62% of stc’s shares as part of its strategic capital recycling plan.

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  • Financial

Space42 Reports Strong Nine-Month Performance Fueled by Bayanat-Yahsat Merger

Shahzaib8 months ago8 months ago02 mins

Space42, the UAE-based space tech company, reported a 17.5% increase in profit for the first nine months of 2024, totaling $118.8 million. The company’s performance was boosted by the merger with Bayanat and Yahsat. Despite a revenue decline, Space42 remains focused on profitable growth and innovation in tech solutions.

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  • Financial

Mobile Telecommunications Company K.S.C.P. Reports Third-Quarter and Nine-Month Earnings for 2024

Shahzaib8 months ago8 months ago01 mins

Mobile Telecommunications Company K.S.C.P. reported third-quarter sales of KWD 500.61 million, a rise from KWD 485.11 million last year, with net income increasing to KWD 54.12 million. For the nine months, sales grew to KWD 1,445.46 million, but net income dropped to KWD 135.53 million.

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  • Financial

Zain Reports Solid Growth Across Markets in Q3 and 9M 2024 Driven by Digital Transformation and Fintech Expansion

Shahzaib8 months ago8 months ago04 mins

Zain reports steady revenue growth in Q3 and 9M 2024, driven by digital transformation, fintech expansion, and investments in 5G. The company highlights strong growth in digital services and data revenue across its operating regions.

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  • Financial

Dialog Axiata PLC Reports Q3 and Nine-Month Earnings Results for 2024

Shahzaib8 months ago8 months ago02 mins

Dialog Axiata PLC reported its earnings for Q3 and the nine months ending September 30, 2024. Q3 sales decreased to LKR 42.83 billion, while net income rose to LKR 4.50 billion. For the nine months, sales were LKR 125.38 billion, with net income dropping to LKR 5.69 billion.

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  • Financial

Beyon Reports Strong Financial Growth in First Nine Months of 2024

Shahzaib8 months ago8 months ago03 mins

Beyon, Bahrain’s telecom giant, reports a 1% rise in net profit to BD56.2 million and a 6% revenue increase in the first nine months of 2024. Comprehensive income surged by 22%, driven by favorable investment gains. EBITDA margin remained steady at 40% amidst consistent growth.

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  • Financial

Egypt’s Telecommunications Sector Sees Significant Growth and Global Recognition

Shahzaib8 months ago8 months ago02 mins

Egypt’s telecommunications sector has experienced significant growth, with its GDP contribution increasing from 3.2 percent to 5.8 percent. The outsourcing sector expanded by 54 percent, and Egypt now ranks first in Africa for internet speed. The country also improved its digital transformation and cybersecurity rankings.

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Popular News

1

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

  • AI
2

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  • 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

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

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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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