Ooredoo Group chaired the third International Institute of Communications (IIC) MENA Chapter meeting in Bahrain, focusing on regulatory frameworks for AI, Cybersecurity, and IoT. Discussions highlighted the need for collaboration to address regulatory challenges and unlock the potential of emerging technologies, with a significant focus on a transformative IoT Whitepaper.
Blood Strike MENA has launched with full Arabic support, expanding to over 20 countries in the region. Published by Steller Gate Games, the game offers various modes, unique strikers, and exciting battle scenarios. The move follows NetEase’s strategy to tailor games for local markets, though no official comment has been made.
IBI and Pakistan’s Ministry of IT and Telecommunications have established a strategic cooperation to enhance Pakistan’s industrial and digital landscape. The agreement, involving IBI’s subsidiary Toodudu, aims to leverage digital economy and cross-border industrial strengths, promoting economic collaboration and development between China and Pakistan.
Naver Corp plans to establish its Middle Eastern headquarters, Naver Arabia, in Saudi Arabia by the end of 2024. This strategic expansion aims to harness AI, cloud computing, and robotics technologies, aligning with Saudi Arabia’s Vision 2030 and enhancing Naver’s global business footprint.
Telecom experts suggest that Teletalk, Bangladesh’s state-owned mobile operator, can revitalize its services through significant investment and innovative strategies. Recommendations include a joint venture with BTCL and a focus on data services to improve customer engagement and operational efficiency, addressing current challenges and enhancing competitiveness in the telecom market.
Oman’s telecommunications sector has seen significant changes with a 23% increase in postpaid mobile subscriptions and growth in broadband usage. Despite a decline in prepaid subscriptions and traditional fixed-line services, mobile broadband and high-speed internet subscriptions continue to rise, reflecting the country’s shift toward modern digital infrastructure.
Genesis Digital Assets (GDA) is expanding globally with a focus on sustainability. Their initiatives in Argentina and Sweden repurpose waste gases and heat for agricultural and community benefits, showcasing how bitcoin mining can contribute to environmental and technological progress.
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.
CloudFret, a logistics startup, has raised €2 million for its innovative solution to optimize empty truck returns, aiming to expand its operations and double its workforce by 2024.
The 14th annual IDC Saudi Arabia CIO Summit, hosted by e& enterprise, will explore the future of IT in an AI-driven world. This event in Riyadh will feature industry thought leaders, discussions on AI, digital transformation, and the launch of the inaugural CIO50 Awards.
