stc Group and Ooredoo Oman Launch SONIC Project to Enhance Regional Digital Infrastructure
STC Group and Ooredoo Oman have signed a Head of Terms agreement to launch the SONIC Project, aimed at establishing…
ICT & Telecoms
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Emirates Telecommunications Group Reports Strong FY 2024 Results, Beating Revenue Expectations
Emirates Telecommunications Group reported a 10% increase in revenue for FY 2024, surpassing analyst expectations. The company’s net income rose by 4.3%, while its profit margin decreased to 18%. Despite higher expenses, the company forecasts 8.1% revenue growth over the next three years.
Mohamed Benchaaboun Appointed Chair of Maroc Telecom’s Management Board
Mohamed Benchaaboun has been appointed as the new chair of the management board of Maroc Telecom, replacing Abdeslam Ahizoune after his 27-year tenure. The appointment follows a challenging period for the company, which was fined $630 million for unfair competition practices, exceeding its 2023 profit.
Orange Launches SD-WAN Over Huawei Cloud Stack in Egypt
Orange Egypt has partnered with Huawei to launch SD-WAN services over the Huawei Cloud Stack (HCS) platform, the first of its kind in Egypt. This solution enhances network management, security, and user experience, supporting remote work and business continuity. The collaboration strengthens their long-standing strategic relationship.
iXAfrica Unveils First Phase of NBOX1 Hyperscale Data Centre in Nairobi, Strengthening Kenya’s Digital Infrastructure
iXAfrica has launched the first phase of its NBOX1 hyperscale data centre in Nairobi, featuring 4.5MW of IT capacity. The facility is optimized for AI-driven workloads and includes a partnership with KIXP to reduce latency and costs. It’s part of iXAfrica’s broader expansion to support cloud and digital growth.
Batelco Unveils New Fiber Speed Plans Offering Speeds Up to 2Gbps
Batelco by Beyon has introduced new Fiber Speed plans, offering speeds up to 2Gbps, with entry-level speeds increased from 100Mbps to 300Mbps. Existing customers benefit from the upgrade at no extra cost. This enhancement improves online experiences with faster downloads, smoother streaming, and better overall performance.
Zain Bahrain Enhances Fiber Internet Speeds, Offering Up to 2 Gbps for Customers
Zain Bahrain has tripled internet speeds for its fiber plans, now offering speeds up to 2 Gbps. This upgrade ensures faster browsing and better connectivity for both new and existing customers, supporting Bahrain’s digital transformation and enhancing the digital lifestyle for businesses and households.
Transguard Group Partners with DIFC Innovation Hub to Revolutionize Smart Building Solutions in the UAE
Transguard Group has partnered with the DIFC Innovation Hub to drive innovation in smart building solutions across the UAE. The collaboration will focus on AI-driven systems, predictive maintenance, and energy optimization, with workshops and pilot programs designed to advance sustainability, efficiency, and security in intelligent infrastructure.
Space42 Reports Resilient 2024 Financial Performance and Strategic Advancements in SpaceTech and Connectivity
Space42 reported a strong financial performance in 2024, with an EBITDA of USD 317 million and a net profit of USD 166 million. The Company advanced its strategic objectives, including satellite launches and partnerships in Earth Observation and mobile satellite solutions, positioning itself as a leader in the space and connectivity sectors.
SLT Group Reports Strong Profitability Turnaround in 2024, Driven by Operational Efficiency and Cost Optimization
SLT Group reported a strong financial turnaround in 2024, with a Profit After Tax of Rs. 3.1 billion, reversing a loss from 2023. Revenue grew by 4.4%, driven by improved operational efficiency, cost optimization, and robust growth in broadband, mobile, and enterprise sectors. The Group also made significant contributions to state revenue.
