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 Kuwait Group reported 9% revenue growth to KWD 774 million in 2025, driven by strong performance in Algeria, Tunisia and Kuwait, alongside growth in EBITDA and net profit as the company advances 5G, AI infrastructure and digital services to support long-term regional expansion and shareholder value.
Vodacom reported a 13% increase in service revenue driven by strong growth in Egypt and the DRC, while fintech services continued expanding rapidly, highlighting the growing importance of international markets and mobile financial services in supporting the group’s overall performance.
Palmpay, active across emerging markets in Africa and South Asia, did not disclose financing terms for the pilot, including pricing, eligibility, or repayment structure.
stc reported revenues of KD 342.5 million and net profit of KD 34.1 million in 2025, driven by consumer growth, higher EBITDA, 5G Advanced projects, AI-led efficiency gains, and strong corporate governance, with dividends of 38 fils per share recommended.
stc posted KD 342.5 million in revenue and KD 34.1 million in net profit for 2025, driven by consumer growth, enterprise expansion, and operational efficiency. EBITDA reached a multi-year high, while AI adoption, 5G projects, and strong governance reinforced its leadership in Kuwait’s digital transformation.
Zarea has signed a $2m MoU with China’s Wang Chuang Xi Jun Chang Agri to introduce modern seed technologies, agronomic services, and scalable production systems in Pakistan. The partnership targets productivity, supply-chain efficiency, and export linkages, accelerating the modernisation of Pakistan’s agri-value chain.
Consulting HAUS guided Snoonu through its $245 million acquisition by Jahez, valuing the Qatari startup above QAR 1 billion and delivering Qatar’s first billion-riyal tech exit. The deal sets a national benchmark, underscores Qatar’s rise as a tech hub, and accelerates Snoonu’s regional growth ambitions.
Egypt’s KNOT Technologies has raised a $1 million pre-seed round led by A15 to scale its AI-native ticketing platform. The startup uses AI to authenticate identity, control distribution, and prevent market leakage, giving organizers greater visibility while rebuilding trust between event owners and audiences.
EBRD has approved up to €190 million in development-linked financing for Tunisie Telecom to accelerate 5G rollout, expand fibre connectivity to 200,000 homes, modernise core networks, and connect to the Medusa submarine cable. The package includes EU grants and marks Tunisia’s first non-sovereign public-sector financing since 2012.
Nepal Telecom has approved a Rs 30 per share cash dividend from its FY2024/25 profits. The company posted Rs 3.819bn in revenue and Rs 600m in profit, with management signaling potential bonus shares ahead, as it prepares for capital needs tied to the MEGA project and rising data demand.