Ooredoo has reported a 10% increase in shareholder profits to QAR 2.92 billion for the first nine months of 2024. Revenues also rose by 2% to QAR 17.65 billion. The company continues to focus on expanding its digital infrastructure and securing financing to support growth in data center and AI operations.
Zain sponsored the 11th e-Government Forum in Kuwait, emphasizing collaboration between public and private sectors for digital transformation. The forum featured discussions on enhancing digital services and showcased Zain’s latest innovations. CEO Nawaf Al-Gharabally highlighted the importance of strategic partnerships in achieving sustainable development goals for Kuwait.
The Advanced Technology Research Council (ATRC) and VentureOne have launched SteerAI, an advanced mobility system that transforms standard vehicles into autonomous units. Targeting logistics and defense sectors, SteerAI enhances operational efficiency with AI-powered navigation and fleet management, representing a significant step forward in the UAE’s autonomous technology landscape.
The Information Technology Industry Development Agency (ITIDA) and Flat6Labs have launched the IT Invest program to support tech-enabled startups in Egypt. The initiative aims to equip seed and pre-Series A startups with training, resources, and networking opportunities to enhance their investment prospects and contribute to economic growth.
The BTRC Chairman, Maj Gen (retd) Md Emdad Ul Bari, indicated that additional Nationwide Telecommunication Transmission Network (NTTN) licenses may be issued if service quality declines. He emphasized the need for improved connectivity in Bangladesh, addressing challenges faced by NTTN operators and their impact on the telecommunications sector.
Bahrain’s Tamkeen has launched a national program with Amazon Web Services (AWS) to develop local talent in Artificial Intelligence. The initiative offers qualifications in generative AI, machine learning implementation, and technology application, aiming to enhance the competitiveness of Bahraini nationals in the evolving job market.
Ooredoo Kuwait has launched new 5G internet packages aimed at enhancing digital connectivity for all customers. The offerings include unlimited internet options with competitive pricing, catering to individuals, families, and small businesses. The initiative underscores Ooredoo’s commitment to providing advanced communication technologies and seamless experiences.
du has partnered with Dubatt Battery Recycling to initiate a lead acid battery recycling program in the UAE. This initiative aims to reduce environmental impact and support sustainability goals, with plans to repurpose valuable materials and promote the circular economy while enhancing du’s commitment to ecological responsibility.
Ooredoo Algeria has reported strong financial growth for the first three quarters of 2024, with revenues reaching 77.3 billion Algerian dinars, a 15% increase from 2023. The company also emphasized its commitment to social responsibility through various humanitarian initiatives and educational support for underprivileged communities.
Beyon’s telecommunications subsidiary, Sure, has completed its acquisition of Airtel Vodafone, aligning with its strategy to expand international investments. The move includes a £48 million investment in a new 5G mobile network, enhancing connectivity and digital standards for Channel Islanders while promising improved services and faster speeds.
