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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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  • 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
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

Robi Reports Decline in Q3 Revenue Due to Internet Shutdown and Floods

Shahzaib8 months ago8 months ago05 mins

Robi reported a 5% revenue decline in Q3 2024, impacted by an internet shutdown and floods. Revenue reached 2,474.4 crore taka, with voice revenue up 3.7% but data revenue down 15.5%. Despite challenges, profit after tax grew significantly, reflecting strong cost efficiency measures.

Read More
  • Financial

Ooredoo Reports 10% Increase in Shareholder Profits for 2024

Shahzaib8 months ago8 months ago03 mins

Ooredoo has reported a 10% increase in shareholder profits to QAR 2.92 billion for the first nine months of 2024. Revenues also rose by 2% to QAR 17.65 billion. The company continues to focus on expanding its digital infrastructure and securing financing to support growth in data center and AI operations.

Read More
  • Financial

Ooredoo Algeria Reports Strong Growth and Community Commitment in 2024 Financial Results

Shahzaib8 months ago8 months ago06 mins

Ooredoo Algeria has reported strong financial growth for the first three quarters of 2024, with revenues reaching 77.3 billion Algerian dinars, a 15% increase from 2023. The company also emphasized its commitment to social responsibility through various humanitarian initiatives and educational support for underprivileged communities.

Read More
  • Financial

Ooredoo Reports Financial Growth in Q3 2024 with Revenue of QAR17.7 Billion

Shahzaib8 months ago8 months ago05 mins

Ooredoo has reported a 2% revenue increase for the nine-month period ending September 30, 2024, reaching QAR17.7 billion. The company also achieved a 15% rise in normalized net profit and secured a $500 million bond issuance to support growth, particularly in its data center business and digital infrastructure.

Read More
  • Financial

Jazz Successfully Completes Rs15 Billion Sukuk Issuance to Boost 4G Network Expansion

Shahzaib8 months ago8 months ago02 mins

Jazz has completed its second unsecured Sukuk issuance, raising Rs15 billion, significantly oversubscribed with 4x demand from the non-bank market. The funds will enhance Jazz’s 4G network expansion, aiming to provide digital services to over 71.5 million customers across Pakistan, reinforcing its commitment to bridging the digital divide.

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  • Financial

Telenor Pakistan Reports 6.7% Revenue Growth in Q3 2024 Amid Economic Challenges

Shahzaib8 months ago8 months ago03 mins

Telenor Pakistan reported a 6.7% revenue increase for Q3 2024, totaling Rs. 30.11 billion, despite challenging economic conditions. The company achieved an organic growth rate of 8%, though its subscription base declined by 3%. Average Revenue Per User (ARPU) rose by 11%, contributing to a robust 9% growth in EBITDA.

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  • Financial

Robi Axiata Reports 78% Profit Growth in Q3 2023 Despite Revenue Decline

Shahzaib8 months ago8 months ago04 mins

Robi Axiata reported a 78% year-on-year increase in profit, reaching Tk 1.89 billion in Q3 2023, driven by effective cost management and reduced foreign exchange losses. Despite a nearly 3% decline in revenue to Tk 24.74 billion, the company maintained growth momentum through strategic investments.

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  • Financial

Ooredoo Reports Positive Financial Results for Nine Months Ended September 30, 2024

Shahzaib8 months ago8 months ago08 mins

Ooredoo reported a 2% revenue increase to QAR 17.7 billion and a 15% rise in normalized net profit to QAR 2.9 billion for the first nine months of 2024. The company is positioning itself as a leading digital infrastructure provider and has secured significant financing for its data center expansion.

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  • Financial

e& Announces Strong Financial Performance and Strategic Expansions in Q3 2024

Shahzaib8 months ago8 months ago05 mins

e& reported Q3 2024 revenues of AED14.4bn, a 10% YoY growth, and AED42.7bn for nine months, up 9%. Strategic acquisitions and a growing global footprint mark its transition to a global technology leader, enhancing its digital and enterprise solutions across new markets.

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  • Financial

Zain Saudi Arabia Reports Strong Q3 Profit Despite Year-to-Date Decline

Shahzaib8 months ago8 months ago02 mins

Zain Saudi Arabia reported a net profit of 150 million riyals for Q3 2024, a 114.3% increase from the previous year. However, net profits for the first nine months declined by 75.6% to 322 million riyals. The company also faced rising operating and credit loss expenses.

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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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