Nepal Telecom, Agriculture Development Bank, and Citizens Investment Trust Announce Dividends for Shareholders

Nepal Telecom (NT), Agriculture Development Bank Limited (ADBL), and Citizens Investment Trust (CIT) have announced dividend payouts for their shareholders. NT has proposed a 30% dividend, CIT 13%, and ADBL 10.53%. NT’s revenue decline has been attributed to reduced voice call usage due to OTT services and increased competition.

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BisB STC

Bahrain Islamic Bank (BisB) Partners with stc to Boost SME Initiatives

Bahrain Islamic Bank (BisB) has partnered with telecom services group STC to implement initiatives supporting small and medium-sized enterprises (SMEs) in Bahrain. BisB offers digital banking services and aims to provide innovative solutions for SMEs and corporate customers through this collaboration. STC Bahrain’s Chief Business Officer expressed their commitment to empowering SMEs and contributing to Bahrain’s Economic Vision 2030.

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Huawei and Virgin Mobile UAE Partner to Deliver Seamless Pre-Loaded Connectivity Experience

Huawei and Virgin Mobile UAE have partnered to pre-load the Virgin Mobile app on upcoming Huawei devices, enabling instant access to mobile plans during device setup. The integration streamlines onboarding, supports Huawei’s ecosystem strategy, and enhances Virgin Mobile’s digital-first customer experience, creating a frictionless and convenient connectivity journey for users across the UAE.

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Telenor Pakistan Joins Launch of Nation’s First Low-Carbon Energy Storage as a Service (ESaaS) Project

Telenor Pakistan is part of the launch of the country’s first low-carbon Energy Storage as a Service (ESaaS) project, which aims to reduce the telecom sector’s carbon footprint by 8.33 kilotons annually. The initiative involves deploying 25 MWh of battery infrastructure, reducing reliance on diesel, and saving PKR 5 billion in costs.

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Kuwait Finance Ministry Reaffirms Commitment to Expanding Digital Transformation

Kuwait’s Ministry of Finance reaffirmed its dedication to digital transformation after receiving the AI Excellence Award for its “Tarasul Plus” system at the Microsoft AI Summit. The event highlighted government-wide achievements in cloud, AI, and cybersecurity innovation, with awards presented to CAIT, the Ministry of Health, and other public institutions. These efforts align with Kuwait’s broader vision of building a data-driven, AI-enabled government ecosystem.

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Bangladesh Launches Platform for Resilient Supply Chains to Boost Inclusive Growth and Job Creation

Bangladesh has launched the Platform for Resilient Supply Chains, a collaborative initiative involving government and industry stakeholders. This platform aims to foster policy discussions, enhance local job creation, improve working conditions, and boost economic growth. It supports Bangladesh’s transition to a more inclusive and resilient economy as it nears LDC graduation.

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