Engro Corp, in partnership with Veon, plans to expand telecom tower-sharing coverage in Pakistan. The collaboration aims to enhance telecom infrastructure, explore use cases like electric vehicle charging and drone landing, and capitalize on Pakistan’s improving economic conditions, positioning the country as a more attractive investment market.
Prime Minister Shehbaz Sharif discussed efforts to improve telecommunication services and internet access in remote areas during a meeting with the Economic Advisory Council. He highlighted plans to boost IT exports and freelancer growth, despite facing criticism over government actions that opponents claim are aimed at stifling dissent.
ICS Arabia has initiated construction on the Desert Dragon Data Centers in Saudi Arabia with a capacity of 187 MW. This project, in collaboration with Lumaotong Group and China Mobile International, aims to enhance digital infrastructure and support Saudi Arabia’s Vision 2030 with advanced data center technologies.
Al Yah Satellite Communications Company (Yahsat) reported a 62% increase in H1 net income to AED269 million, despite a 3% revenue drop. EBITDA surged 25%, driven by growth in key segments. Yahsat’s strong cash position and future contracts secure long-term financial stability amid strategic pivots and upcoming satellite launches.
Veon is negotiating with SpaceX to bring Starlink satellite services to Bangladesh, aiming to expand satellite internet access across several emerging markets. The partnership could provide essential connectivity during crises and offer telecom access to underserved regions.
Orange Jordan has been awarded the “Fastest Fixed Internet – Fiber Network” certificate for 2024, marking its third consecutive year of recognition. The award highlights the company’s superior network performance, driven by significant investments in fiber optic infrastructure and innovative technologies, reinforcing its leadership in Jordan’s digital transformation.
Mideast Communication Systems (MCS) partners with Nokia to enhance Egypt’s digital transformation. This strategic collaboration aims to provide advanced technology solutions across various sectors, supporting the country’s digital development goals.
Dell Technologies has partnered with Saudi-based Ejada to advance AI and multi-cloud solutions, focusing on innovation in Saudi Arabia. This strategic collaboration, aimed at driving technological advancements, was sealed with an MoU signed at the 24 Fintech Summit in Riyadh.
JazzCash has revealed a three-year roadmap to accelerate Pakistan’s transition to a cashless society, aiming to integrate the informal economy, boost financial inclusion, and increase tax compliance. With nearly 20 million active users, JazzCash is a key player in driving digital payments and expanding its regional footprint.
Viettel High Tech has signed a $1 million deal with High Cloud Technologies to supply 5G systems in the Middle East. This partnership includes the provision of 4G and 5G base stations and cloud-based infrastructure. The goal is to improve telecom coverage, particularly in rural areas, and enhance regional development.
