Minister Kamel Al-Wazir conducted an inspection tour of key industrial factories in Egypt, including Elsewedy Telecom Cables, Utopia Pharmaceuticals, and Schneider Electric. The tour highlighted significant investments, local production, and export capabilities, with a focus on boosting Egypt’s industrial growth, employment, and competitiveness in the global market.
Grameenphone Ltd reported strong financials in 2024, with a 60% EBITDA margin and a 20% profit margin. However, subscriber losses and economic challenges, including inflation and increased taxes, pressured growth. The company made strides in digitalization and sustainability, with significant investments in CapEx and renewable energy.
LuLu Exchange has partnered with Fintech Galaxy to improve cross-border payments in Bahrain by leveraging open banking solutions. This collaboration aims to enhance transaction speed, security, and convenience, aligning with Bahrain’s financial inclusion goals. The partnership positions LuLu Exchange as the first licensed company to integrate open banking for payments.
Algeria has launched a national campaign to protect children from online dangers, focusing on safe internet practices. The initiative, involving multiple government bodies and organizations, aims to raise awareness about cyberbullying, online predators, and excessive gaming. The campaign promotes digital literacy, responsible internet use, and cybersecurity.
Iran and Oman have signed an MOU to enhance data transit between their countries, increasing capacity to 4.5 terabits per second. This collaboration strengthens Iran’s role as a regional data hub, optimizing infrastructure and reducing transmission costs, while boosting Iran’s position in the global digital economy.
Vodafone Qatar, in partnership with DHL, hosted an event focused on empowering SMEs through digitalisation. The event highlighted the importance of adopting digital tools for improved efficiency and aligned with Qatar’s Vision 2030. Vodafone Qatar remains dedicated to supporting SMEs with innovative solutions for growth and operational enhancement.
Ooredoo is the Official Telecom Sponsor of the Qatar TotalEnergies Open 2025, a WTA 1000 event featuring top women’s tennis players like Aryna Sabalenka and Iga Świątek. The tournament offers a $3.65 million prize pool and strengthens Qatar’s position as a global sports hub, with tickets starting from QR30.
In 2024, Bahrain’s Telecommunications Regulatory Authority (TRA) conducted 148 inspections and reviewed 11,423 import license applications. Violations related to telecommunications imports dropped, reflecting improved compliance. The TRA’s proactive inspections, in collaboration with the Ministry of Interior, ensure adherence to technical regulations, preventing interference and supporting Bahrain’s telecom infrastructure.
Lenovo, in partnership with Alat, has begun construction on a new $2 billion manufacturing hub in Riyadh, Saudi Arabia. The facility, set to produce Saudi-made laptops and servers, aligns with Vision 2030 goals and is expected to create thousands of jobs while enhancing Lenovo’s regional presence in the MEA market.
Bahrain’s iGA, in collaboration with Beyon Connect, has launched eKey 2.0, a biometric authentication system to streamline access to services. This upgrade enhances security, user experience, and data privacy while supporting Bahrain’s digital transformation goals under Economic Vision 2030, providing benefits across various sectors including banking, telecommunications, and healthcare.
