Telecom Egypt has approved a cash dividend of EGP 1.5 per share for 2024, with ex-dividend and payment dates set for April 17th and April 24th. The company’s consolidated net profits dropped by 3.78%, totaling EGP 10.098 billion, compared to EGP 11.720 billion in 2023.
NERA, the US-based consultancy hired for Pakistan’s 5G spectrum auction, has supported telecom operators’ demands for extended payment terms, reasonable reserve prices, and a shift to rupee-based pricing. NERA warned that high spectrum prices could harm competition and innovation, urging lower prices for long-term government revenue and sector growth.
Dialog Axiata and Meta successfully completed an “AI for Network” trial to enhance network optimization and Quality of Experience (QoE). Using Meta’s Llama AI models, the trial showed improvements in call quality and user satisfaction. Dialog plans to deploy the AI-powered solution across Sri Lanka starting in March.
Iran is nearing the completion of its 5G internet development for mobile phones, with the transfer of a new 1500 MHz frequency broadband underway. This step paves the way for enhanced mobile internet speed and quality, with additional efforts to secure broader access through 700 and 800 MHz frequency bands.
Dubai, UAE – 3 March 2025: Kingston Technology Europe Co LLP, an affiliate of Kingston Technology Company Inc., a world…
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.
e& PPF Telecom has acquired a 100% stake in Serbia Broadband (SBB) for EUR 825 million ($891 million), funded through secured debt. The acquisition expands e&’s footprint in Central and Eastern Europe, diversifying revenue sources, and will see the integration of SBB with its Serbian mobile subsidiary, Yettel.
Egypt University of Informatics and SAP Egypt signed a partnership to enhance digital skills and AI education. This initiative incorporates SAP applications into curricula, offering hands-on training. Minister Amr Talaat highlighted Egypt’s progress in AI innovation, education reforms, and ICT growth, emphasizing AI’s transformative potential and the country’s commitment to responsible AI development.
Parcel, a Hope Ventures portfolio company, has expanded into Riyadh, Saudi Arabia, after successfully completing over 1.5 million deliveries in Bahrain. The platform offers businesses a cost-effective, tech-driven alternative to managing delivery fleets, connecting them with a network of on-demand drivers. The expansion marks a key milestone in regional growth.
Hewlett Packard Enterprise (HPE) has launched Wi-Fi 7 access points in the UAE, offering 30% more capacity and enhanced security for enterprise applications. Announced at HPE Discover Dubai, these APs support AI, IoT, and more, while HPE’s Digital Life Garage showcases their transformative impact on technology and society.
