Zain Bahrain discloses Q1 2024 financials, revealing a 25.3% decline in net profit but a 7.4% revenue surge, driven by innovative data solutions. Despite challenges like start-up costs for its Fintech subsidiary, the telecom giant launches Bede, a Shariah-compliant Fintech Mobile App, and upgrades its 4G network for improved user experiences.
Afghan Wireless Communication Company (AWCC) has introduced telecommunication services in Noor Gul, Kunar, for the first time, providing essential connectivity to a region previously lacking such services. This initiative is part of broader efforts to enhance telecommunications across remote areas of Afghanistan, significantly improving local access to communication.
Lenovo has partnered with ZAK Solutions, becoming its first Tier 1 partner in the META region and offering an extensive range of products. This strategic collaboration aims to enhance technological accessibility and drive digital transformation across the Middle East, aligning with Lenovo’s commitment to democratizing AI and advancing regional growth.
Bayer and Huma Therapeutics have launched a digital heart health screening tool in Saudi Arabia, supporting the Vision 2030 strategy. This tool predicts cardiovascular disease risk using a non-invasive algorithm, aligning with efforts to reduce the burden of such diseases in the country through preventive care and early detection.
Yotta Data Services, in collaboration with BLC Holding Pvt. of Nepal, is set to construct a supercloud data center near Kathmandu. This strategic initiative marks Yotta’s entry into Nepal, aiming to support the region’s digital expansion with advanced facilities designed for hyperscalers, enterprises, and AI development.
Google for Education and Tech Valley Pakistan met with Minister Shaza Fatima Khawaja to discuss enhancing education for out-of-school children in Pakistan. They explored deploying educational tools and Chromebooks to bridge learning gaps, emphasizing public-private partnerships to transform Pakistan into a knowledge export hub and improve educational outcomes.
Dialog Axiata’s Techliya programme, part of Ideamart for Women, concluded successfully, empowering Sri Lankan women entrepreneurs by enhancing their digital skills. The initiative provided resources, mentoring, and tools for business digitalisation, financial technology, and international expansion, highlighting the importance of ongoing support in the SME sector’s digital transformation.
The Fibre Connect Council MENA (FCC MENA) and the FTTH Council Europe have signed a collaboration agreement to accelerate FTTH network deployment in the MENA region and beyond. This partnership focuses on sharing resources and expertise, driving innovation, and facilitating networking and knowledge exchange between their members.
du reported a strong first quarter in 2024, with revenues rising to AED 3.58 billion and net profit up by 62.7% to AED 603 million, driven by significant EBITDA growth. The telecom giant also launched “du Pay,” advancing UAE’s digital and financial inclusion, and continued investing in 5G and fiber infrastructure.
European software company Ice Warp has announced a multimillion-dollar investment to develop a state-of-the-art data warehouse in Karachi, Pakistan, in partnership with HexaLys. This initiative marks Ice Warp’s entry into Pakistan, aiming to provide advanced data services and enhance digital sovereignty and privacy for local businesses.
