Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
du has deployed its 5G-Advanced network, achieving 10.56 Gbps speeds and ultra-low latency, setting a new standard for telecommunications in the UAE. This breakthrough will support data-intensive applications, smart city infrastructure, and IoT deployments, further advancing the UAE’s digital transformation and global leadership in technology innovation.
Salam has partnered with CDNetworks to enhance internet services in Saudi Arabia, focusing on ultra-low latency and high-speed solutions. The collaboration aims to meet the growing demand for digital services, including gaming and video streaming, with a robust digital ecosystem and improved connectivity across industries in the Kingdom.
Kingdee has established its regional headquarters in Qatar to expand its presence in the MENA region. The partnership, supported by QIA, Invest Qatar, and QFZ, aligns with Qatar’s Vision 2030. The company will provide digital solutions, including financial management and supply chain optimization, contributing to Qatar’s technological advancement.
Fawry has made strategic investments totaling EGP 80 million in three Egyptian tech companies—Dirac Systems, Virtual CFO, and Code Zone. These investments expand Fawry’s “Fawry Business” suite, enhancing its ERP, financial management, and digital payment solutions for businesses, driving Egypt’s digital transformation and contributing to its cashless economy.
Orange Egypt and Huawei have partnered to launch SD-WAN services in Egypt, utilizing Huawei’s Cloud Stack (HCS) Platform. The collaboration enhances network management, security, and performance across dispersed offices. This initiative supports Egypt’s Vision 2030 digital transformation strategy, contributing to the growth of the country’s ICT sector.
e& reported record financial results for FY 2024, with net profit growing 4.3% to AED10.8 billion. Revenues increased by 10.1%, driven by expansion across business verticals and strong subscriber growth. The company’s AI-driven innovation, strategic acquisitions, and expansion into Europe underscore its continued leadership in digital transformation.
stc Group reported strong FY 2024 results, with an 85% surge in net profit reaching SAR24.7 billion. The company saw revenue growth of SAR75.8 billion and made significant strategic moves, including launching a digital bank, expanding in Telefónica, and enhancing its infrastructure offerings. Cash dividends of SAR3.75 per share were declared.
Vodafone Qatar has signed an MoU with SAWAA Technology to drive digital transformation for startups. The partnership will provide training, consultations, and joint product offerings, leveraging Vodafone Qatar’s advanced digital solutions to support local businesses, SMEs, and entrepreneurs in Qatar’s growing digital ecosystem.
Metito Utilities has partnered with SAP to accelerate its digital transformation using GROW with SAP, implementing SAP S/4HANA Cloud to optimize operations, financial agility, and workforce management. The partnership supports Metito’s global expansion, driving innovation and sustainability in water management solutions across multiple regions, starting with the UAE.
IBM has partnered with Riyadh Air to integrate AI-driven solutions, including watsonx and IBM Consulting’s services, to transform the airline’s operations. This collaboration will enhance guest and employee experiences, positioning Riyadh Air as the world’s first digital-native airline, aligning with Saudi Arabia’s Vision 2030.