Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
stc Group achieved record H1 revenues of SAR 38.66 billion with net profit up 13.38%. Growth was driven by cost efficiency, digital banking expansion, and a strategic Oracle cloud partnership. Sustainability efforts boosted its MSCI ESG rating to “A.”
Telecom Egypt’s Q2 2025 financial results will offer insights into its performance across fixed and mobile services, digital infrastructure, and cloud offerings, reflecting its pivotal role in Egypt’s telecom sector.
Robi’s strong profit rebound driven by cost controls and subscriber growth underscores its resilience amid revenue pressures and highlights its leadership in 4G and data services in Bangladesh.
Robi Axiata’s robust profit growth amid revenue challenges underscores its operational resilience and strategic investment in digital transformation, positioning it for sustainable growth in Bangladesh’s competitive telecom market.
e&’s strong Q1 performance and strategic innovations in AI governance and connectivity underscore its evolution from a telecom operator to a global technology leader, driving sustainable growth and digital transformation.
Ooredoo Kuwait reported strong H1 2025 results with 6% revenue growth and a 65% rise in net profit. EBITDA grew 19%, driven by 5G rollout, operational efficiency, and strategic partnerships. Customer base increased 4% to 26.4 million.
Zain Bahrain’s H1 2025 revenue grows 7.3%, profit rises 4.8%, driven by digital transformation and AI integration. Strong enterprise deals, inclusive workplace initiatives, and youth empowerment remain core focuses.
e& reports 12.9% subscriber growth and strong Q1 revenue and EBITDA gains. Launches AI governance framework with IBM and strengthens global connectivity, driving digital innovation and brand value over $20 billion.
Du reports robust Q2 2025 growth with 8.6% revenue and 25.1% net profit increases, driven by mobile, fixed, and diversified revenues. Strong margins and increased capex underscore commitment to innovation and long-term digital infrastructure.
Zain Bahrain posts 7.3% revenue and 4.8% profit growth in H1 2025. Strong digital transformation and AI integration drive performance amid EBITDA decline. Expansion in enterprise solutions and inclusive workplace initiatives underscore future-focused strategy.