Ooredoo Qatar has partnered with Oracle to enhance its telecommunications services through advanced AI capabilities and cloud solutions. This strategic alliance will optimize Ooredoo’s database infrastructure, improve operational efficiency, and enhance cybersecurity, positioning the company as a leader in digital innovation.
Leading Saudi telecom group stc has reported solid financial results for the first half of 2024, with a 4.79% increase in revenues, reaching SAR38.25 billion ($10.2 billion). Net profit surged by 7.73% to SAR6.6 billion, driven by growth in customer and carrier revenues, as well as subsidiary performance. The company’s “Dare 2.0” strategy and cost efficiency programs were key factors in achieving these results.
Algerie Telecom has reached a milestone of one million fibre-to-the-home (FTTH) subscriptions, growing from 50,000 in 2020, in line with Algeria’s ICT strategic goals.
Liquid Intelligent Technologies has partnered with Medi Telecom, part of the Orange Group, to expand network coverage in Morocco. This partnership enables Liquid to be the sole supplier of its digital services, providing Medi Telecom access to Liquid’s extensive connectivity network and innovative cloud and cybersecurity solutions.
Ooredoo Kuwait, in collaboration with CITRA, has launched the “Kashef” service to enhance caller identification and communication security in Kuwait. This service aims to provide users with verified caller information, reducing spam and fraudulent calls, and improving overall telecommunications reliability and trust.
Ooredoo reported a 5% decrease in Q1 2024 net profits, with earnings at QAR 912.93 million, despite a 4% revenue increase to QAR 5.86 billion. The telecom company also announced a dividend of QAR 0.55 per share and aims to boost stakeholder value through strategic initiatives and operational efficiencies.
Morocco has launched a digital training program aimed at equipping 15,000 young people with digital skills by 2026. This initiative, part of the “JobinTech” program, focuses on socio-economic development in rural areas and offers free courses in software development and data analysis.
Pakistani engineers have developed “Beep,” a secure government messaging app for officials, ready for launch after successful trials. The app could extend to citizens if approved, amid ongoing social media restrictions and internet shutdowns. “Beep” aims to ensure uninterrupted communication among officials, featuring text, audio, video sharing, and conference calls.
Dubai-based entertainment streaming platform OSN+, part of Kuwait’s KIPCO, has announced a major stake acquisition in the Nasdaq-listed music streaming…
ICAEW and UAE Banks Federation have partnered to guide companies through the UAE’s evolving digital assets landscape, with a focus on Central Bank Digital Currencies (CBDCs). The collaboration emphasizes the UAE’s leadership in financial innovation, the importance of cybersecurity, and the need for standardized accounting practices to ensure secure, compliant digital integration.
