23 December 2024
Headlines
Google Cloud Damman

Google Cloud Inaugurates New Cloud Region in Dammam, Boosting Saudi Arabia’s Digital Ambitions

Editor04 mins

Google Cloud has launched a new cloud region in Dammam, Saudi Arabia, to offer advanced cloud services to various sectors and support Saudi Arabia’s Vision 2030. This strategic expansion is expected to add significant economic value and job creation by 2030. The initiative includes collaborations and a focus on aiding SMEs and startups, particularly through the upcoming Google for Startups Cloud Program.

Read More

re.life Expands Digital Ecosystem Across MENA Region

Editor03 mins

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.

Read More

Telecom Egypt Reports 48% Surge in Net Profit for First Nine Months of 2023

Editor02 mins

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.

Read More
Banglalink IPO

Banglalink Delays IPO Amid Market Uncertainty, Optimistic for 2024

Editor04 mins

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.

Read More
Cybersecurity Solutions

Kaspersky to Showcase New Cybersecurity Solutions at Black Hat 2023 in Riyadh

Editor03 mins

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.

Read More