Quantum has raised $7 million in funding to expand its operations and refine its advertising technology platform. The investment will support the company’s growth in the GCC and Southeast Asia. With a data-driven approach, Quantum aims to reshape the ad tech industry and become a global leader in the next few years.
Nepal has imported 1.229 million smartphones worth Rs 19 billion in the first seven months of FY 2024/25, showing an increase in both the number and value of imports compared to the previous year. This growth reflects the rising demand for smartphones, especially those priced between Rs 20,000 to Rs 30,000.
Thales strengthens its partnership with Qatar Airways by expanding IFE services to the airline’s new A321 NX fleet, including the FlytEDGE solution. The collaboration includes the creation of a local service hub in Doha, aimed at enhancing operational excellence and supporting the airline’s growth and technological advancements in aviation.
Sri Lanka will introduce mobile number portability in June 2025, allowing users to switch telecom operators while retaining their numbers. The decision, aimed at boosting competition in the sector, was announced during a Ministerial Consultative Committee meeting. This long-awaited move is expected to benefit consumers and enhance market dynamics.
Vodafone Oman celebrates its third anniversary with a strong market presence, 14% market share, and impressive growth. The company’s 5G rollout covers 98% of the population, while revenue grew by 58% in 2024. Its investments prioritize Omani SMEs, and its commitment to cybersecurity and digital transformation remains strong.
HMD has launched the Crest 5G smartphone in Nepal, featuring 12 GB of RAM, a 50 MP selfie camera, and a rich display at an affordable price. The launch marks a pivotal moment for HMD, as it introduces its first smartphone, targeting Gen Z consumers with a focus on creativity, sustainability, and user experience.
The Dubai Maritime Authority (DMA) has launched a project to improve telecommunications coverage across key maritime zones, installing four new telecom towers. This initiative will enhance connectivity for commercial vessels, recreational boaters, and emergency services, supporting Dubai’s ambition to be a global maritime hub and fostering investment in the sector.
Jordan’s mobile phone imports in January 2024 reached JD15.1 million for 155,000 devices, showing a marked increase from the previous year. Overall, imports for 2024 amounted to JD176 million, reflecting a 13.7% rise in value and a 7.5% increase in the number of devices compared to 2023.
Egypt has seen a significant rise in internet users and earned top global cybersecurity rankings, despite rising cyber threats. The country ranks second in Africa for cyberattacks, with data breaches targeting multiple sectors. In response, Positive Technologies will host a cybersecurity event in Cairo to foster collaboration and knowledge-sharing.
KATIM and e& UAE have partnered to enhance the security of critical communication technologies. The collaboration focuses on developing ultra-secure smartphones, data protection gateways, and encrypted communication apps. This initiative aims to push the boundaries of cybersecurity and provide advanced encryption to ensure data integrity for all users.
