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
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.
Du’s Q2 2025 profit rose over 25% to Dh727 million, with H1 net income up 22.4%. Revenue grew 8.6%, EBITDA 16.4%. Subscriber base expanded strongly. Strategic launches and market diversification support continued growth and shareholder returns.
Maroc Telecom’s H1 2025 revenue grew 0.9% to MAD 18.04 billion, driven by strong Moov Africa and fixed data growth offsetting domestic mobile declines. The company launched a transformation strategy and remains focused on network investments to support future growth.
Zain Bahrain reported H1 2025 profit of BD 2.54 million (+4.8%) and revenue growth of 7.3%. The company integrates AI in operations, drives workforce development with high Bahrainization rates, and expands digital offerings and partnerships.
Oman’s SafaQat raised strategic funding from the Oman Future Fund and Idrak Group to enhance its AI-driven procurement platform. Founded by four brothers, it digitizes tenders and supports SMEs, with plans to expand government procurement and new markets. The platform leads Omani digital supply chains.
Space42 raises $695.5M financing for advanced geostationary satellites Al Yah 4 and 5, boosting secure multi-orbit connectivity across key global regions.
stc Kuwait’s H1 2025 highlights include 5G Advanced rollout, 5.2% revenue growth, and initiatives supporting startups, reflecting strong financial health and leadership in digital transformation.
Mastercard and Kashat collaborate to drive digital financial inclusion in MENA by streamlining onboarding and payment processes for unbanked communities.
Vodacom’s Q1 2025 revenue growth is fueled by strong performance in Egypt and fintech services, advancing its digital transformation and financial inclusion ambitions across Africa.