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.
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 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 (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.
Eng. Said Hamoud Al Maawali, Oman’s Minister of Transport, Communications and Information Technology, has reaffirmed the ministry’s commitment to implementing…
