Technology News and insights in the Middle East, South Asia, and Africa
Jordan has made significant improvements in international rankings for internet download speeds, climbing to 84th place in cellular services and 31st in fixed internet, driven by regulatory efforts and the upcoming rollout of 5G services. These advancements highlight the nation’s commitment to enhancing its digital infrastructure.
Orange Jordan is enhancing its 5G coverage while promoting the “Subscribe & Win with 5G” campaign, allowing subscribers to win prizes like a 2024 BYD ATTO 3 electric car and PlayStation 5 consoles. The campaign aims to encourage the adoption of innovative 5G services across the kingdom.
Grameenphone experienced a modest profit growth of 1.0% in Q3 2024, reaching Tk 7.55 billion, despite challenges from rising operational expenses and political unrest. Revenue fell 3.8% to Tk 39.5 billion due to internet shutdowns, but nine-month profits grew 8.60% to Tk 29.55 billion.
Wahyd’s platform integrates real-time data insights and machine learning algorithms to support efficient decision-making, reduce downtime, and offer transparency across the logistics journey.
stc has reported strong financial results for the first nine months of 2024, with revenues reaching KD 261.8 million, driven by consumer sector growth. The company continues to lead in digital transformation and innovation within Kuwait’s telecommunications market.
du achieved a 49.7% rise in net profits for the first nine months of 2024, marking a significant year with robust revenue growth and operational efficiency.
Ooredoo Qatar and Hayya have partnered to manage international visitors for Ooredoo’s major events, streamlining visa processes and integrating eSIM services for enhanced connectivity and entry experience.
Telecom Egypt has clinched an EGP 18 billion syndicated loan led by 13 banks to refine its financial structure and support expansion. This strategic financial maneuver is set to enhance the company’s liquidity and align its long-term growth strategies with improved financial management practices.
Deloitte has launched the Deloitte Innovation Hub in Cairo with a $30 million investment over three years, recognizing Egypt’s talent in technology fields. The hub aims to foster local talent and provide services in AI, data analysis, and cybersecurity, with plans to expand its workforce to 5,000.
Dialog Axiata has partnered with Barista to enhance its Metaverse platform, Dialog Futureverse, by introducing a virtual Barista Café. Users can socialize, enjoy virtual coffee, and earn vouchers redeemable at Barista outlets. This collaboration marks Barista as the first Quick Service Restaurant partner on Futureverse.