Technology News and insights in the Middle East, South Asia, and Africa
Mobily has announced the landing of the Africa-1 submarine cable in Duba, Saudi Arabia, enhancing broadband connectivity across Africa, the Middle East, Asia, and Europe. With a capacity of 96 terabits per second, it will power 5G networks, AI systems, and IoT, contributing to Saudi Arabia’s Vision 2030 goals.
Microsoft’s AI Tour arrived in Cairo to demonstrate AI’s impact on Egypt’s digital transformation. The event, coinciding with Microsoft’s 30th anniversary in Egypt, showcased AI’s role in enhancing productivity and public services. It aligns with Egypt’s AI Strategy (2025-2030) and highlights Microsoft’s commitment to fostering innovation across sectors.
Nepal Telecom (NTC) reported a 33% decline in profit for Q2 FY 2081/82, with revenue dropping by 1.4%. Customer service revenue fell slightly, while financial revenue saw a significant decrease. The government plans to increase NTC’s public share to 25%, aiming to strengthen its financial position.
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%.
PTCL announced that internet services in Pakistan are fully operational after the complete restoration of the AAE-1 undersea cable. The repair resolves the slow internet speeds and disruptions that users experienced in 2024. Additional bandwidth minimized disruptions, ensuring a seamless browsing experience for users, including Meta platforms.
Oman has hosted the inaugural Firnas Summit, showcasing drone innovation with DJI’s regional launch of the Matrice 400. Led by the Ibn Firnas Drone Centre, the summit highlighted Oman’s ambition to be a regional drone hub, aligning with Vision 2040 and advancing smart cities, AI, and digital transformation.
UAE Ambassador Fahad Mohammed bin Kardous Alameri and Bahraini Minister Sheikh Abdullah bin Ahmed Al Khalifa discussed strengthening bilateral relations and enhancing cooperation in transportation, communications, and logistics. Both emphasized the importance of strategic partnerships and knowledge exchange for mutual growth and prosperity.
PetroApp’s $50 million funding round led by Jadwa Investment supports its IPO plans and regional growth across four countries. The platform leverages Saudi Arabia’s digital transformation and rising demand for efficient, integrated fleet management, marking a significant evolution in Middle East payment ecosystems.
Oman Towers has completed its strategic partnership with Brookfield, confirming the latter’s majority acquisition. The deal expands Brookfield’s global telecom tower portfolio and strengthens Oman’s infrastructure ambitions, with 2,450 sites under management and renewed focus on operational excellence, sustainability, and digital growth.
Egypt has emerged as the top African country in fixed internet speed, driven by its digital transformation efforts. The country has also seen growth in digital service exports and outsourcing, alongside investments in AI and digital skills development. Egypt’s ongoing progress is positioning it as a digital leader in Africa.