Sharjah-based digital ecosystem re.life announces its expansion across the MENA region, with new offices in Saudi Arabia, Egypt, Jordan, and Turkey. The company operates ‘re.life market’ for recyclable trading and ‘re.life collect’ for logistics services. This expansion follows significant growth in 2023, with a substantial increase in transactions and user engagement on both platforms.
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.
Banglalink, Bangladesh’s third-largest mobile operator, is postponing its IPO launch due to current market conditions, including political uncertainties and underperformance of telecom stocks. The company, optimistic about a 2024 IPO, has also explored partnerships with digital banks and recently initiated a national roaming field trial with Teletalk. Challenges include non-implementation of SMP restrictions and unfeasible regulations for SIM-locked handsets.
Kaspersky announces its participation in the Black Hat 2023 conference in Riyadh, showcasing its new Managed Detection and Response (MDR) solution and Threat Intelligence service. These solutions, designed to enhance cybersecurity for organizations in Saudi Arabia, align with the country’s data sovereignty and privacy standards. Mohamad Hashem, General Manager of Kaspersky in KSA & Bahrain, highlights the company’s growth and commitment to supporting digital transformation security.
Eng. Said Hamoud Al Maawali, Oman’s Minister of Transport, Communications and Information Technology, has reaffirmed the ministry’s commitment to implementing…
Jazz, Pakistan’s leading digital operator, in partnership with AT&T, has launched Pakistan’s first VoLTE roaming services in the US. This service ensures superior voice quality and faster call setup for Jazz customers traveling to the US, especially since AT&T has discontinued its 2G and 3G services.
In Jeddah, a groundbreaking smart tool designed to aid both male and female entrepreneurs in exploring over 50 innovative business…
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) is initiating a nationwide programme for citizens to verify their mobile SIM card registrations. Starting in Kandy from November 13-18, users can dial #132# to check their SIM’s registration status, helping prevent the misuse of mobile numbers for illegal activities.
The Telecommunications Regulatory Authority (TRA) has recently emphasized the importance of activating voice calling over 4G VoLTE (Voice over LTE)…
Taly, backed by Banque du Caire, is set to launch new digital payment platforms for corporate and individual users as part of its expansion strategy. The company, which already provides payment solutions to merchants, is enhancing its services with a focus on digital transformation and security, and aims to significantly increase its customer base and transaction volume.
