Jordan’s telecommunications sector is booming with nearly 798,800 fixed broadband subscriptions and a 69% market share for fiber internet. The Telecommunications Regulatory Commission’s report highlights robust high-speed internet demand, mobile broadband growth, and 5G adoption, reflecting the nation’s rapid digital transformation and technological advancements.
Telecom Egypt has signed a multi-year agreement with Mada Communications to be its preferred strategic international SMS service provider. This partnership will leverage Mada®’s expertise to enhance Telecom Egypt’s A2P messaging services, improve customer experience, and maximize messaging revenues through secure and innovative communication solutions.
UAE telecom operators e& and du paid AED3.54 billion in federal royalty for H1 2024, down from AED3.73 billion in H1 2023. The new royalty guidelines exclude international profits, applying a 38% rate on UAE net profits and a 9% corporate tax rate.
Oracle has opened its second public cloud region in Saudi Arabia, in Riyadh, as part of a $1.5 billion investment. This expansion aims to meet growing demand for AI and cloud services, enabling organizations to modernize applications and innovate with data, analytics, and AI, enhancing the kingdom’s digital economy.
stc Group has partnered with Nexthink to implement digital employee experience (DEX) management solutions, improving service delivery and maintaining its leadership. The collaboration has led to a 50% improvement in DEX scores, faster issue resolution, and enhanced employee productivity, positioning stc Group for continued digital-driven success.
Presight AI Holding reported a 17.4% revenue increase to AED603.5 million and a 39.1% rise in pre-tax profit for H1 2024. Key achievements include acquiring a 51% stake in AIQ, forming IntelliGrid, and securing major partnerships, driving strong financial performance and reinforcing their commitment to AI-driven innovation.
Kaspersky’s report reveals a surge in cyberattacks targeting telecom, mass media, and construction sectors in H1 2024. Telecoms faced the highest attacks due to sensitive data, while mass media and construction firms were also significantly targeted. Oman’s MTCIT managed over 460 cybersecurity incidents in 2023, showcasing resilience.
Grameenphone, Bangladesh’s largest telecom provider, partners with Mobileum to implement an AI-powered Revenue Assurance and Fraud Management solution. This collaboration aims to prevent revenue leakage, enhance fraud detection, and improve customer experience, supporting Grameenphone’s commitment to innovation and secure service delivery.
She Loves Tech launched its Islamabad round, co-hosted by Telenor Velocity and organized by CIRCLE Women Association. Held at Telenor Pakistan’s Campus ‘345’, the event featured ten women-led tech startups competing for a spot in the National Finale, offering mentorship, workshops, and networking opportunities.
Bahrain Telecommunications Company (Beyon) announced stable Q2 2024 profits of BD19.8 million, consistent with Q2 2023. Revenues increased by 7% to BD112.5 million. H1 2024 saw a 2% profit rise to BD38.6 million and a 7% revenue increase to BD222.9 million, driven by mobile, datacoms, and digital services.
