Zain Bahrain reported H1 2024 revenue of BD38.44 million, a 3.5% increase. Net profit fell 11.9% to BD2.42 million. Q2 net profit rose 2.6% to BD1.35 million, with stable revenue at BD18.93 million. Zain expanded business solutions, led in 5G innovation, and won awards for workforce development and leadership.
e& UAE achieved TM Forum’s Platinum Open API certification, the first in the MENA region to do so for 20 unique APIs. This milestone enhances connectivity, interoperability, and system portability. e& UAE’s Developer Portal offers free access to standardized APIs, fostering innovation. This certification underscores e& UAE’s commitment to digital transformation and technological excellence.
BNET and Huawei Bahrain have signed a MoU to enhance Bahrain’s fiber broadband experience. The partnership will deploy Huawei’s cutting-edge solutions, improving coverage for residences and businesses. This collaboration aims to position Bahrain as a global leader in fiber broadband, supporting the nation’s digital transformation and benefiting citizens and businesses alike.
Robi Axiata achieved a 341% year-on-year profit growth in Q2 2023, reaching Tk 1.07 billion, driven by revenue growth and cost efficiency. Despite economic and regulatory challenges, the telecom operator reduced its cost of revenue, expanded its subscriber base, and heavily invested in network improvements, while preparing for future market impacts.
Orange Jordan sponsored the Yarmouk University Computer Games Competition to boost students’ e-gaming design skills. The competition aligns with Jordan’s E-Gaming Strategy 2023-2027, aiming to enhance economic growth and job creation. Winners included teams from Applied Science Private University, Jordan University of Science and Technology, and University of Science and Technology.
Dr. Shai Misan is expanding SaluberMD to Bahrain, merging global expertise with local talent to advance AI-driven healthcare. The new branch will provide top-tier AI training for local professionals, offer high-quality telemedicine services, and create high-tech jobs, positioning Bahrain as a leader in innovative healthcare solutions.
Krohne Group expands its service team across the Middle East, enhancing customer support and delivering superior measurement solutions. With a hybrid workforce in the UAE, Saudi Arabia, Qatar, Kuwait, and Iraq, Krohne ensures increased equipment longevity, reduced wastage, and precise measurement uptime, reinforcing its commitment to the region’s industrial sectors.
The Dubai Chamber of Digital Economy supported 215 digital startups worth $7 billion in H1 2024, achieving 212% YoY growth. They trained 243 Emiratis under the ‘Create Apps in Dubai’ initiative and organized 12 international roadshows. The chamber signed four MoUs to enhance Dubai’s digital business ecosystem and promote industry growth.
Savic has facilitated Gulftainer’s migration from SAP S/4HANA 2020 on Azure to RISE with SAP S/4HANA on Azure, enhancing operational capabilities. This project underscores Savic’s expertise in digital transformation, optimizing core operations, and setting new industry standards, ensuring Gulftainer’s agility, improved customer service, and better decision-making in a dynamic market.
Al Yah Satellite Communications Company (Yahsat) reported a 62% increase in H1 net income to AED269 million, despite a 3% revenue drop. EBITDA surged 25%, driven by growth in key segments. Yahsat’s strong cash position and future contracts secure long-term financial stability amid strategic pivots and upcoming satellite launches.
