Jordan Telecom Companies Reevaluate Proposed Price Hikes Following Discussions with Authorities

Jordan’s mobile telecom companies have engaged in discussions with relevant authorities regarding potential adjustments to service prices. After further studies, the price changes will be implemented according to each company’s business model and operational costs. Telecom companies had planned to raise prices on December 17, 2024, but this decision is now under review.

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Tradeling Acquires Axiom Telecom’s MENA Distribution Operations in Strategic Move to Boost Regional Growth

Tradeling Holding has acquired Axiom Telecom’s MENA distribution operations, a move expected to drive growth in the region’s B2B e-commerce landscape. With anticipated annual revenues exceeding AED2 billion, the acquisition strengthens Tradeling’s position as a key player in the Middle East’s technology and distribution sectors.

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Saudi Awwal Bank and United Pharmaceuticals Achieve Milestone in Digital Islamic Supply Chain Finance

Saudi Awwal Bank and United Pharmaceuticals have completed Saudi Arabia’s first digital Islamic supply chain finance transaction. The initiative streamlines payments and enhances working capital management for suppliers through a Shariah-compliant, automated platform. This marks a significant step in integrating Islamic finance and digital transformation in the Kingdom.

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ServiceNow Expands Partner Ecosystem in Saudi Arabia to Drive Digital Transformation

ServiceNow has expanded its MEA partner ecosystem by partnering with Saudi-based Solutions by STC and global integrator Customizo. This collaboration aims to drive digital transformation in Saudi Arabia, supporting Vision 2030 objectives. New AI-powered solutions will enhance productivity, helping businesses meet the Kingdom’s ambitious goals for innovation.

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