Sparrow SMS celebrates its 15th anniversary, marking significant growth from its humble beginnings in 2010. The company has revolutionized communication in Nepal with advanced messaging solutions, social impact projects, and a rebranding as an Enterprise Messaging Platform. To commemorate, Sparrow SMS is offering a lifetime free platform for new users.
Saudi telecom companies saw a 69% increase in net profits for 2024, reaching SAR 28.39 billion ($7.57 billion), driven by higher revenues, a growing customer base, and operational efficiency. Stc led with a profit surge of 85.7%, while Mobily showed growth, and Zain experienced a decline due to higher costs.
Yango Ventures, part of Yango Group, is supporting early-stage startups with an initial $20 million fund. The venture focuses on sectors like O2O, B2B SaaS, and FinTech, aiming to foster innovation and sustainable growth. The initiative also emphasizes digitalization and economic development in high-growth markets globally.
Jordan’s tourism sector saw strong growth in February, with tourism revenue rising by 10% year-on-year to JD428 million. International arrivals surged by 13%, while overnight visitors increased by 9%. These gains are driven by strategic marketing, enhanced services, and resumed flight routes, aligning with Jordan’s goal of sustained tourism growth.
The “Tech-Driven Sustainability Trends and Index 2024” study reveals that 76% of businesses across Asia, Europe, and the Middle East see AI and cloud computing as key to sustainable development. However, concerns over energy consumption remain, with businesses emphasizing the importance of green technologies and human oversight in AI.
Federal Commerce Minister Jam Kamal Khan met with OCCI Chairman Faisal Abdullah Al Rawas in Muscat to discuss enhancing trade between Pakistan and Oman. The meeting was followed by a B2B networking session to explore business opportunities. Both sides agreed to strengthen ties through the Joint Business Council and enhanced connectivity.
Jordan’s imports of mobile devices in 2024 totaled approximately JD176 million, with 1.855 million devices entering the market. Purchases using debit cards reached JD60.2 million, and tablet imports amounted to JD45 million. This marks significant growth in mobile device sales, reflecting increasing demand and the shift towards digital transactions.
Moov Africa Gabon, a subsidiary of Maroc Telecom, avoided nationalization despite Gabon’s recent economic shifts under new leadership. While the country nationalized key energy firms, the telecommunications sector remained untouched. Maroc Telecom holds a 52% market share, with rival Ariel Gabon at 48%, ensuring stability for the telecom market.
Two engineering students from Sohar University, Reem al Dhahouri and Al Zahraa al Maamari, have developed a sustainable hydroponic farming project that uses local agricultural waste, smart sensors, and solar energy to reduce water and fertilizer consumption. The project aims to enhance food security and promote environmentally friendly farming practices.
TAQA and ACWA Power, along with other international firms, have secured multi-billion-dollar green hydrogen projects in Morocco. These projects, focused on ammonia, industrial fuel, and green steel production, are part of Morocco’s efforts to strengthen its position in the global green energy market, with a combined value of nearly $32 billion.
