Grameenphone (GP) posted a 10% profit growth in 2024, reaching Tk 36.4 billion, and declared a record 330% cash dividend. Despite a 4.9% revenue decline due to cautious consumer spending, GP’s EBITDA rose, and the company plans continued investment in network improvements and AI technology to drive future growth.
Arab Financial Services (AFS) has partnered with Nsano to enhance digital payments across Sub-Saharan Africa. By integrating AFS’s card processing services into Nsano’s mobile money infrastructure, the partnership will enable Visa and Mastercard processing, boosting financial inclusion and providing more payment options for financial institutions and merchants in the region.
L’Algérienne Vie (AGLIC) has partnered with Banque Nationale d’Algérie (BNA) to launch a digital solution for underwriting and paying insurance policies online via the “WIMPAY-BNA” app. AGLIC reported a 154.3% increase in net profit for 2023, reaching 501 million DZD, with a return on equity of 31%.
TRAI has recommended auctioning mmWave spectrum for 5G services in the 37-40 GHz bands at a 14% lower price than previous auctions. The reserve price is set at INR 59.8 million per MHz. This move aims to encourage more participation from telcos and speed up 5G deployment in India.
e& Carrier & Wholesale is expanding globally with new strategic hubs in Miami and Johannesburg, while enhancing its presence in London and Singapore. This expansion strengthens its role in providing advanced connectivity services, including AI-driven solutions, to telecom operators, enterprises, and digital-first businesses in emerging markets.
The UAE has announced it will host the Ai Everything Global Summit & Expo in 2026, solidifying its position as a leader in AI. The summit aims to accelerate AI adoption, foster global collaborations, and contribute to the UAE’s vision of becoming the world’s first fully AI-powered government.
Tamkeen is supporting 14 leading Bahraini tech companies at the LEAP 2025 Technology Conference in Riyadh. This collaboration provides an opportunity for the companies to engage with the global tech community, secure investment, and explore strategic partnerships, advancing Bahrain’s digital economy and competitiveness in the private sector.
Nepal Telecom will discontinue its 2G service by the end of the year and launch eSIM services. The company aims to enhance customer experience and expand into 5G, as directed by the government. NT is also focusing on 4G coverage and broadband services for local communities.
IFS solution will complete the energy giant’s strategic industry backbone, integrating with TotalEnergies’global ERP to turbocharge asset performance and profitability…
Dubai, UAE – 03 February, 2025 – Myne, a groundbreaking wealth and asset tracking platform,has announced today that the company…
