Thuraya Telecommunications Company, a subsidiary of Yahsat, has launched IP NEO, a next-generation satellite communication product. Developed with Cobham Satcom, IP NEO offers advanced voice and data capabilities, tailored to diverse industry needs. Officially unveiling at Critical Comms World Dubai, the product highlights Thuraya’s commitment to technological advancement in satellite communications.
UAE telecommunications company du has partnered with STL, an optical and digital solutions provider, to expand fibre-dense mobile and FTTH networks. This collaboration will enhance network performance and deployment efficiency. The UAE continues to lead globally in FTTH penetration, achieving a 99.3% rate, according to the latest FTTH Council report.
Dubai’s du and HPE have partnered with the Commercial Bank of Dubai (CBD) to implement HPE GreenLake, enhancing CBD’s hybrid cloud capabilities. Hosted in du’s Tier III data centres, this solution aims to improve IT efficiency, security, and customer experience while supporting CBD’s five-year strategic digital transformation plan.
UAE’s Yahsat has restored Thuraya satellite services in parts of Southeast Asia and China by reconfiguring its Thuraya 2 satellite after Thuraya 3 experienced an anomaly. However, service remains unavailable in the Asia-Pacific region east of Thuraya 2’s footprint.
Zain Group’s Q1 2024 results show a 5% revenue increase to $1.5 billion, with an EBITDA of $480 million. Despite challenges in Sudan, strong performance in Iraq, Kuwait, KSA, and Jordan bolstered growth. The group remains focused on mitigating Sudan’s impact through various operational measures.
Fils, a UAE-based digital infrastructure provider, has teamed up with Arab Financial Services (AFS) to promote sustainable practices and climate action across the Middle East and North Africa. This partnership leverages Fils’ fintech technology and AFS’s digital payments expertise to integrate sustainability into business operations, financial transactions, and customer journeys.
Saudi Arabia’s e-commerce market is set to reach $14.78 billion this year and $25 billion by 2029. WebCastle Technologies, recently entering the Saudi market, won the Best E-Commerce Agency Award at the 6th Middle East Retail & E-Commerce Summit and Awards KSA for their role in accelerating digital growth.
STEMpedia has successfully concluded the fifth edition of its global innovation fest, Codeavour 5.0 International. The competition encourages children to develop innovative projects using PictoBlox, a visual programming software, while learning AI, coding, and robotics. Supported by various organizations, the event attracted over 1200 participants from 18 countries.
Wink Pay, in collaboration with Visa and Codebase Technologies, has launched Lebanon’s first service for instant issuance of Visa prepaid virtual cards. This innovative solution facilitates secure, transparent payments and digital financial inclusion, targeting over 5 million Lebanese, particularly benefiting those without traditional bank accounts.
Moroccan Minister Ghita Mezzour discussed potential AI collaborations during her meeting with OpenAI in San Francisco. The discussions aimed at tailoring AI systems for Morocco’s needs and leveraging the country’s tech talent. This visit highlights Morocco’s commitment to becoming a central hub for technological innovation.
