Pure Storage partners with CERN openlab to evaluate the benefits of flash for scientific research
The Pure Storage Platform will accelerate High Performance Computing support for physics April 15, 2025: Pure Storage has announced a…
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Space42 Reports Resilient 2024 Financial Performance and Strategic Advancements in SpaceTech and Connectivity
Space42 reported a strong financial performance in 2024, with an EBITDA of USD 317 million and a net profit of USD 166 million. The Company advanced its strategic objectives, including satellite launches and partnerships in Earth Observation and mobile satellite solutions, positioning itself as a leader in the space and connectivity sectors.
GCC Companies Prioritize Innovation Amid Challenges in Readiness and Talent
A Boston Consulting Group report reveals that 85% of GCC senior executives prioritize innovation, surpassing the global average. However, GCC firms face challenges in converting ambition into readiness. Key recommendations include aligning innovation with business strategy and leveraging Generative AI. Addressing talent constraints and funding challenges will enhance innovation readiness.
Egypt’s Smartphone Market Stabilizes After Regulatory Overhaul
Egypt’s smartphone market is stabilizing after the implementation of a whitelisting regulation to curb illegal imports. Although shipments dropped by 18%, the government’s strategy to boost local manufacturing and reduce reliance on grey markets could ensure long-term growth, despite challenges like higher prices for legally imported devices.
bKash Reports 67% Profit Increase and 20% Revenue Growth in 2024
bKash, a leading mobile financial services provider in Bangladesh, reported a 67% increase in profit and a 20% rise in revenue for 2024. The company posted a profit of Tk 315.77 crore and revenue of Tk 5,058.20 crore, reflecting strong growth since its establishment in 2010.
Hans Wijayasuriya Resigns from Axiata to Lead Digital Economy Initiatives in Sri Lanka
Hans Wijayasuriya has resigned as Axiata Group’s executive director and CEO to become chief adviser on digital economy initiatives for the Sri Lankan government, effective January 15, 2025. He praised Axiata’s contributions to digitalization while expressing gratitude for his 30-year association with the company.
Huawei Showcases 5G Advanced and AI-Powered Innovations at MWC Shanghai 2025
Huawei demonstrated breakthroughs in 5G Advanced monetization and AI-powered network solutions at MWC Shanghai 2025, highlighting collaboration with China’s major carriers and global partners. With innovations spanning services, infrastructure, and operations, Huawei aims to drive new telecom revenue streams and foster intelligent network evolution worldwide.
Orange Jordan Launches Digital Self-Registration Service Using eKYC System
Orange Jordan launched a Digital Self-Registration Service using the eKYC system, enabling customers to electronically authenticate prepaid mobile lines. This innovation allows remote identity verification via the “SANAD” app, enhancing the digital customer experience. The initiative reflects Orange’s commitment to digital leadership and supporting Jordan’s digital transformation vision.
du Joins FreeMove Alliance to Expand Mobile Connectivity in the Middle East
du has joined the FreeMove Alliance, extending its global mobile connectivity solutions into the Middle East. The partnership enables du to offer multinational corporations access to enterprise mobility solutions, centralized management, and global support, strengthening its service portfolio and enhancing telecommunications for international businesses in the region.
Saudi Arabia Positions Itself as a Global AI Leader with $40B Investment and Strong Governance Focus
Saudi Arabia is investing $40B to become a global AI hub, with AI projected to contribute 12% of GDP by 2030. Backed by SDAIA and ranked 3rd globally in AI governance, the Kingdom is coupling bold adoption with ethical frameworks to drive growth across healthcare, energy, finance, and mobility.