Technology News and insights in the Middle East, South Asia, and Africa
Zain Bahrain has partnered with Ericsson to launch a new hybrid power solution that combines a diesel generator with lithium batteries, significantly reducing fuel consumption and emissions. This initiative aligns with Bahrain’s sustainability goals and aims for a daily average reduction of 25% in fuel usage.
Aluminium Bahrain (Alba) has announced a strategic partnership with Array Innovation to enhance its Industry 4.0 digitalization efforts. This collaboration will deploy advanced AI and data analytics solutions to optimize operations, improve efficiencies, and align with Bahrain Economic Vision 2030 by investing in local talent.
Bahrain partners with Amazon Web Services to launch an AI upskilling program for local talent, announced at the Gateway Gulf Investment Forum. This initiative aims to enhance Bahrain’s innovative capabilities and strengthen its economy through advanced AI training.
With the newly formed strategic alliance, KoçSistem and SBM will create synergies to complement their strong existing capabilities and service offering for customers in the MENA region.
Ooredoo has reported a 2% revenue increase for the nine-month period ending September 30, 2024, reaching QAR17.7 billion. The company also achieved a 15% rise in normalized net profit and secured a $500 million bond issuance to support growth, particularly in its data center business and digital infrastructure.
The Saudi Ministry of Media has announced the ImpaQ Impact Makers Forum, set for December 18-19 in Riyadh. This event will gather over 300 influencers and industry experts to redefine influence in the digital landscape, featuring discussions on social responsibility, purpose-driven influence, and the future of social platforms.
HUTCH has excelled at the SLIM Digis 2.4 Awards, winning multiple honors for its innovative digital marketing efforts. The telecom operator received GOLD for Best Performance Marketing Campaign and multiple SILVER and BRONZE awards, underscoring its commitment to creativity and customer-focused campaigns in the digital space.
The Pakistan Telecommunication Authority (PTA) has confirmed that internet services in the country have been fully restored after resolving issues with the South East Asia-Middle East-Western Europe 4 (SMW4) and Asia-Africa-Europe 1 (AAE-1) submarine cables. This resolution eliminates the 1,750 Gbps shortfall, ensuring optimal internet performance.
Jazz has completed its second unsecured Sukuk issuance, raising Rs15 billion, significantly oversubscribed with 4x demand from the non-bank market. The funds will enhance Jazz’s 4G network expansion, aiming to provide digital services to over 71.5 million customers across Pakistan, reinforcing its commitment to bridging the digital divide.
Accenture and du have partnered under a five-year contract to enhance the application development and maintenance of du’s IT landscape. This collaboration aims to improve agility and market responsiveness while adopting new technologies such as generative AI and advanced analytics, supporting du’s digital-first strategy.