Oman’s cybersecurity conference focused on enhancing cybersecurity in the logistics sector. Discussions covered risks, IoT threats, and industrial control system security. The event, under the Ministry of Transport’s auspices, emphasized creating national cybersecurity standards and frameworks to ensure robust information security practices in logistics and other critical sectors.
The conference will feature industry leaders discussing the latest trends in payments and fintech, with over 600 companies showcasing their innovations.
Devsinc, a Pakistani IT company, acquires Alchemative Group, a leader in ecommerce and digital retail solutions, to capitalize on the growing regional market.
Zain Bahrain reported a 2.6% increase in Q2 2024 net profit to BD 1.35 million and a 7.6% rise in H1 2024 EBITDA to BD 11.79 million. Revenue for H1 2024 grew by 3.5% to BD 38.44 million. The company highlighted significant achievements in 5G innovation, sustainability, partnerships, and awards for excellence.
Bahrain’s Ministry of Transportation and Telecommunications has signed a letter of intent with APM Terminals to enhance Khalifa Bin Salman Port infrastructure. The collaboration focuses on integrating advanced technologies, increasing operational capacity, and supporting sustainability, aligning with Bahrain’s Economic Vision 2030 and reinforcing its position as a regional logistics hub.
Iran’s TIC, Omantel, and Pishgaman have partnered to create a data transit corridor between Iran and Oman. This collaboration aims to increase data capacity to 4.5 Gbps, enhance international connectivity, and position Iran as a regional data hub, reducing data transfer costs and time between Asia, the Middle East, and Europe.
Chairman of the Pakistan Telecommunication Authority (PTA), Major General Hafeez Ur Rehman, represented Pakistan at the GSMA roundtable on spectrum challenges at the Mobile World Congress 2025 in Barcelona. He emphasized global collaboration for equitable spectrum allocation and advancing telecom infrastructure to bridge digital divides.
stc has achieved 100% compliance with the GSMA’s signalling security guidelines, making it one of the few telecom operators globally to do so. In partnership with Enea, stc has implemented robust security measures to protect its network from data leaks, unauthorized tracking, and communication interception.
Dr. Saira Siddique’s healthcare tech start-up, MedIQ, has raised $6 million to expand its AI-driven platform that connects insurers, healthcare providers, and patients. Following its success in Pakistan, MedIQ is now expanding into Saudi Arabia, Qatar, and other GCC markets, aligning with healthcare modernization goals in the region.
e& announced a cash dividend of 83 fils per share for FY 2024, marking another successful year of growth. The company reported record revenues of AED 59.2 billion and net profits of AED 10.8 billion. e& plans to further its transformation and digital innovation in 38 countries.
