CITRA Marks Exceptional 2024 Success, Expands Digital Infrastructure and Strengthens Leadership in ICT Development

CITRA achieved remarkable success in 2024, with record revenues, new digital infrastructure projects, and strategic partnerships. Key initiatives included launching a regional communications corridor, advancing 5G, and collaborating with Google and Huawei to enhance Kuwait’s digital transformation and ICT sector. The authority is poised for further growth in 2025.

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Dubai Internet City Partners with Nasscom to Boost Technological Innovation and Talent Development

Dubai Internet City has partnered with Nasscom to promote technological innovation and talent development. This strategic collaboration will support Indian tech companies in accessing the Middle East market and provide opportunities for joint research and development, enhancing the capabilities of both organizations in the tech sector.

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BBK Enhances Compliance with SymphonyAI’s Advanced Anti-Money Laundering Technology

The Bank of Bahrain and Kuwait (BBK) has deployed SymphonyAI’s AI-based anti-money laundering (AML) technology to enhance its transaction monitoring and compliance processes across multiple regions. The scalable platform improves detection accuracy, reduces false positives, and adapts to evolving regulations, strengthening BBK’s fight against financial crime.

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Zain Group Launches Groundbreaking Global M2M Offering to Enhance Device Connectivity Across the Middle East and Africa

Zain Group has launched its innovative Global M2M Offering, enabling OEMs to seamlessly integrate their devices across regional markets with a single point of integration. The solution simplifies connectivity management and ensures compliance with local regulations, enhancing device adoption and transforming business operations across the Middle East and Africa.

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SLT Group Reports Strong Profitability Turnaround in 2024, Driven by Operational Efficiency and Cost Optimization

SLT Group reported a strong financial turnaround in 2024, with a Profit After Tax of Rs. 3.1 billion, reversing a loss from 2023. Revenue grew by 4.4%, driven by improved operational efficiency, cost optimization, and robust growth in broadband, mobile, and enterprise sectors. The Group also made significant contributions to state revenue.

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