PTCL Group showcased its women empowerment initiative, ‘Ba-Ikhtiar,’ at GITEX 2024 in Dubai, highlighting the success of entrepreneurs Farhat ul Ain and Marrium Hussain. The initiative provides digital tools and training to small-scale women entrepreneurs, empowering them to thrive in the digital economy and contribute to Pakistan’s growth.
Emirates Integrated Telecommunications Company (EITC) reported a 46.3% increase in Q2 net profit to AED581 million, driven by 7.3% revenue growth. Mobile and fixed customer bases grew, with strong performance in enterprise and consumer products. EBITDA rose by 3.2%, and Capex moderation led to a 10.9% increase in free cash flow.
Ooredoo has partnered with Tech Mahindra to enhance its Managed Security Services (MSS) for B2B customers in Qatar. This collaboration aims to deliver cutting-edge cybersecurity solutions by leveraging Tech Mahindra’s global expertise in SOC management, Cloud Security, and Zero Trust Platforms.
Saudi Arabia saw a 14% annual increase in expatriate remittances in April, totaling SR11.35 billion. Payments from Saudis also rose by 30%, reaching SR4.94 billion. This growth is driven by new development projects, improved economic conditions, digitalization, and supportive regulatory reforms, enhancing the ease of doing business.
stc Bahrain has received the Middle East Technology Excellence Award for its Web3 Launchpad program, which supports innovative blockchain initiatives and the development of a robust Web3 ecosystem in line with Bahrain’s Economic Vision 2030.
The Bangladesh Telecommunication Regulatory Commission (BTRC) is inviting public feedback on draft guidelines for Non-Geostationary Orbit (NGSO) Satellite Service Operators. The guidelines, available on BTRC’s website, aim to regulate satellite-based services in Bangladesh, with feedback due by 18 November. No licenses have yet been granted for NGSO services.
In a significant development for Africa’s internet infrastructure, Telecom Egypt and the Internet Corporation for Assigned Names and Numbers (ICANN)…
du is participating in the International Government Communication Forum (IGCF) in Sharjah, focusing on enhancing government communication strategies and cultural excellence in the UAE. The event, centered on “Agile Governments…Innovative Communication,” will explore the future of resilient governments through innovative communication, addressing global challenges and opportunities in governance.
NSG, a Public Investment Fund-owned company, has acquired Airbus Defence and Space’s UP42 platform to enhance its geospatial capabilities in Saudi Arabia. This acquisition supports the growth of the space economy, contributing to Saudi Vision 2030, while enabling cutting-edge geospatial solutions across various sectors.
Zain reports steady revenue growth in Q3 and 9M 2024, driven by digital transformation, fintech expansion, and investments in 5G. The company highlights strong growth in digital services and data revenue across its operating regions.
