Egypt ranks fifth globally for affordable internet, with an average cost of $8.31 per month, enhancing its technological accessibility. The country’s advancements in broadband speed and increases in mobile and fixed internet subscriptions highlight its growing digital connectivity, crucial for supporting its youthful population’s potential for innovation.
Bahrain’s Survey and Land Registration Bureau has partnered with Aetosky and Planet to introduce an AI-enhanced urban planning system using high-resolution satellite imagery. This system improves urban management by monitoring changes and streamlining building permit processes, advancing Bahrain’s commitment to smart, sustainable urban development.
Corero Network Security has partnered with stc Bahrain to enhance telecom security with advanced DDoS protection services. This collaboration strengthens stc Bahrain’s commitment to service quality and innovation, providing robust protection against both external and internal DDoS threats. The partnership sets a new standard for telecom security in the region.
WorldLink has launched its FTTH fiber internet service in Taplejung, Koshi Province, enhancing connectivity for residents, businesses, and government bodies. This expansion supports digital inclusion and provides high-speed internet access, IPTV, and improved opportunities in education, healthcare, and business in remote Nepal. WorldLink plans to extend services nationwide.
Telenor Pakistan has launched 4G services in Hunza and upgraded its network in Gilgit and Skardu, enhancing connectivity and driving digital transformation in the Gilgit-Baltistan region. This initiative aims to boost local tourism, expand e-commerce, and support economic growth, positioning the region as a digital hub in Pakistan.
Smartphone shipments in the Middle East (excluding Turkey) grew by 20% in Q2 2024, reaching 11.5 million units. Samsung led with a 28% market share, followed by Xiaomi with 20%, and TRANSSION with 16%. The region saw strong growth in key markets, with significant contributions from affordable models and strategic pricing.
Yuze, a UAE-based FinTech, raised $30 million in a funding round led by Osten Investments to expand its financial services for SMEs, e-traders, and freelancers. The investment will support Yuze’s growth into new markets, aiming to reach one million customers in five years, and advance financial inclusion for SMEs.
Smart Vision, a leading Saudi telecom infrastructure company, is revolutionizing the industry with innovative solutions and a commitment to quality. Offering comprehensive services, from network planning to turnkey solutions, the company leverages cutting-edge technology and sustainable practices. With a growing presence in the GCC, Smart Vision is positioned to lead the future of telecom infrastructure.
Oman will launch its Open Data Platform by the end of the year, a major step in its digital transformation strategy. The platform will enhance public access to government data, fostering transparency and innovation. Aligned with Oman’s Vision 2040, it aims to support economic growth and position Oman as a leader in data transparency.
Nepal Telecom (NT) reported a 16.44% decline in net profit for Q4 FY 2080/81, dropping to Rs. 6.62 billion. The decrease was driven by a 4.99% reduction in revenue and significant declines in investments and finance income. However, the company saw a slight increase in reserves and reduced operating expenses by 12.98%.
