DXC Technology and ServiceNow Partner to Accelerate Generative AI Adoption for Businesses
The companies have established a GenAI Center of Excellence (CoE) to combine their expertise and streamline AI adoption for customers.
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Tunisie Telecom Expands Fiber Optic Network in Tataouine Region
The project aims to improve fixed internet connectivity and service quality in the region.
Omantel and Zain Omantel International Co-Host the 11th Annual Global Carrier Community Meeting in Muscat
Omantel and Zain Omantel International are co-hosting the 11th annual Global Carrier Community Meeting (GCCM) in Muscat on November 5th and 6th. The event will showcase Salalah’s growth as a connectivity hub and feature masterclasses from Google and AWS, aligning with Oman’s Vision 2040.
Zoho fuels Egypt’s digital transformation with 33% revenue growth and strategic Fawry partnership
Zoho partners with Fawry to offer $35 million in wallet credits, enabling 70,000 businesses to digitalize their operations.
SAMENA ACCELERATOR on October 17th to Promote 10 Gigabit Digital Infrastructure Development in the Region, with Focus on AI & F5G-A
SAMENA Council invites industry leaders and professionals to register for free-of-cost participation.
MENA Fintech Association Launches Bahrain Chapter to Boost Fintech Innovation
The MENA Fintech Association has launched its Bahrain Chapter, led by Suzy Al Zeerah of Bahrain FinTech Bay. The chapter aims to foster fintech innovation, collaboration, and growth in Bahrain by promoting cutting-edge technologies, providing resources and mentorship, and facilitating global partnerships to position Bahrain as a leading fintech hub.
Morocco Hosts Conference on Digitalisation of Foreign Trade in Casablanca
Morocco’s conference on trade digitalisation, supported by EBRD and ICC, focuses on reducing costs and increasing transparency. Key discussions include legal frameworks, international initiatives, and the importance of digital infrastructure. The event aims to align Morocco’s trade procedures with global standards, benefiting its economy and integration into the global market.
AI, digital transformation to shape future of Qatar’s banking sector
Qatar’s banking sector, highlighted in KPMG’s ‘Qatar Banking Perspectives Report – 2023’, showcases resilience and agility amid global economic challenges, emphasizing the importance of digital transformation and robust risk management in maintaining profitability and adapting to a dynamic financial environment.
Oman Telecommunications Company Group Reports Robust Growth in 2023
Oman Telecommunications Company Group reported a notable financial performance for the first nine months of 2023, with a 28.7% increase in net profit to RO251 million and a 10.6% growth in revenue to RO2.19 billion. Key growth drivers included increased transit voice revenue and device sales, alongside strong mobile postpaid and fixed broadband revenue. Subsidiary Zain Group also showed significant growth in both revenue and net profit.
Telecom Egypt Reports 48% Surge in Net Profit for First Nine Months of 2023
Telecom Egypt (ETEL) reported a 48.26% year-on-year increase in net profit for the first nine months of 2023, reaching EGP 9.148 billion. This growth is reflected in both its consolidated and standalone financial statements, with significant rises in operating revenues and net profits, underscoring the company’s strong position in the telecommunications sector.
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