Ooredoo reported a 2% revenue increase to QAR 17.7 billion and a 15% rise in normalized net profit to QAR 2.9 billion for the first nine months of 2024. The company is positioning itself as a leading digital infrastructure provider and has secured significant financing for its data center expansion.
Moroccan company Panafsat has partnered with Thales Alenia Space to develop a satellite communications system aimed at providing very-high-throughput services (VHTS) to 26 African countries. This initiative will enhance digital infrastructure and connectivity, benefiting a population of approximately 550 million and contributing to economic growth across the continent.
INTRO Technology has partnered with Sterling and Wilson Data Center (SWDC) to develop the Kemet Data Center in the Suez Canal Economic Zone. This collaboration aims to enhance Egypt’s digital infrastructure, positioning the country as a leader in data center and cloud services across the Middle East and Africa.
Saudi Arabia is set to leverage artificial intelligence (AI) to drive economic transformation as it moves away from oil dependency. With AI expected to contribute 12% to the GDP by 2030, the Kingdom is investing in digital infrastructure and training to enhance productivity and create job opportunities.
Batelco has partnered with Mayflower Investment to provide advanced digital services for the new District Courtyard Mall in Hamala, enhancing security and connectivity with smart building solutions, including CCTV systems and Integrated Building Systems.
This innovative offering enhances fault and performance management and aims to streamline operations for telecommunications providers in the Middle East and Africa.
The project aims to enhance the country’s data processing capabilities and support the growing demand for digital services.
The SAMENA ACCELERATOR 2024 will spotlight 10 Gigabit network development, AI integration, and broadband infrastructure upgrades to drive digital transformation across the Middle East and Central Asia. In collaboration with Huawei, the event aims to foster innovation and enhance the region’s digital economy.
The Qatar Investment Authority (QIA) plans to merge the telecommunications operations of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI). This integration aims to create a carrier-neutral digital infrastructure leader, enhance international connectivity, and support Qatar’s economic diversification and digital transformation goals, expected to close in Q4 2024.
Qatar’s sovereign wealth fund plans to merge Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI) to create a digital infrastructure leader. This initiative aims to position Qatar as a key digital hub globally, enhancing connectivity and unlocking new opportunities for growth.
