Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Meeza reported a 10.1 percent increase in net profit for 2025, reaching QAR 66.514 million, with earnings per share rising to QAR 0.10. The company’s board has proposed a cash dividend of QAR 55.2 million, equivalent to QAR 0.085 per share, pending shareholder approval.
Fawry’s 2025 performance underscores a successful pivot from a simple payment aggregator to a comprehensive digital bank. By integrating AI into operations and launching low-cost merchant tools like Soft POS, the company has solidified its infrastructure for sustainable, high-margin growth in Egypt’s evolving cashless economy.
Beyon reported $189.1 million net profit for 2025, slightly down due to new taxes and acquisition costs, while revenues rose 8% driven by telecom and digital growth. Q4 profit jumped 17%. The company maintained strong margins, solid assets, and proposed dividends, advancing AI and regional brand unification.
The leadership transition comes as e& reported strong full-year 2025 financial results. Consolidated net profit rose 33.6% year-on-year to AED14.4 billion (US$3.8 billion), while revenues increased 23.1% to AED72.9 billion (US$19.9 billion). EBITDA climbed 21.1% to AED32 billion (US$8.7 billion), and the group’s global subscriber base expanded 31.3% to 245 million.
The Board has appointed Masood M Sharif Mahmood, currently CEO of e& UAE, to succeed Dowidar as Group CEO effective April 1, while also continuing in his UAE leadership role.
e& posted record 2025 results with revenues up 23.1% to $19.85bn and net profit rising 33.6% to $3.92bn, alongside strong subscriber growth and a higher dividend payout, while announcing a leadership transition effective April 1.
Robi Axiata posted a record Tk 9.37bn profit in 2025, up 33% year-on-year, driven by data growth and lower operating costs. Subscriber base reached 57.4m, with 99% 4G coverage and a 17.5% cash dividend declared.
Omantel posted record 2025 net profit of OMR371m ($974m), up 88% year-on-year, driven by stronger domestic operations and higher earnings from its 21% stake in Zain Group, whose profit doubled to $777m.
Zain Group reported strong 2025 results with revenue of $7.44bn up 14%, net income doubling to $777m, EBITDA margin 34%. Customer base reached 50.9m. Data, enterprise, fintech and new verticals drove growth, supported by $1.5bn capex and 5G expansion across key markets. Eight markets delivered improved operational performance and profitability.
Robi Axiata reported a record Tk 9.37 billion profit in 2025, up 33 per cent year-on-year, driven by lower operating costs and strong data growth. Revenue rose 1 per cent as voice income declined, while 4G expansion and high dividend payout underscored financial resilience.