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  • CODE81 and Commercial Bank of Dubai Sign Strategic MoU to Accelerate Digital Transformation through Advanced Data Analytics

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  • MENA is one of the world’s most dynamic and fast-moving digital economies: Checkout.com report

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  • LG Enhances Home Entertainment Across The Region With 2025 Ai-Powered Oled And Qned TV Lineup

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  • Vertiv showcases latest AI innovations and customer insights at Datacloud Global Congress 2025

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Financial results

  • Financial

Dialog Axiata Reports Strong Q1 2025 Results with Record Revenue and Profit Growth

Shahzaib3 weeks ago3 weeks ago05 mins

Dialog Axiata reported a strong performance in Q1 2025, with revenue reaching Rs 43.3 billion, a 4% increase YoY. EBITDA grew 45% YoY to Rs 19.7 billion, with an EBITDA margin of 45.5%. NPAT rose 49% YoY to Rs 4.1 billion. The company also reported significant tax contributions and robust cash flow.

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  • Financial

Sudatel Telecom Group Reports Decline in Net Profits and Revenues for 2024

Shahzaib2 months ago2 months ago01 mins

Sudatel Telecom Group reported a decline in net profits to $18.25 million for 2024, down from $21.27 million in 2023. Operating revenues also fell to $381.68 million, and total assets decreased to $758.79 million, reflecting a slowdown in the company’s financial performance.

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  • Financial

Telecom Egypt Approves Cash Dividends of EGP 1.5 Per Share for 2024

Shahzaib2 months ago2 months ago01 mins

Telecom Egypt has approved a cash dividend of EGP 1.5 per share for 2024, with ex-dividend and payment dates set for April 17th and April 24th. The company’s consolidated net profits dropped by 3.78%, totaling EGP 10.098 billion, compared to EGP 11.720 billion in 2023.

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  • Financial

Telecom Egypt Approves EGP 2.56 Billion Cash Dividend for 2024

Shahzaib2 months ago2 months ago01 mins

Telecom Egypt has approved a cash dividend of EGP 2.56 billion for 2024, amounting to EGP 1.50 per share. The company reported consolidated net profits of EGP 10.10 billion for 2024, with standalone net profits after tax reaching EGP 2.78 billion, reflecting strong financial performance.

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  • Financial

Telecom Egypt Approves EGP 2.56 Billion Cash Dividends for 2024

Shahzaib2 months ago2 months ago01 mins

Telecom Egypt has approved cash dividends of EGP 2.56 billion for 2024, distributing EGP 1.50 per share. The company reported consolidated net profits of EGP 10.10 billion, with standalone net profits of EGP 2.78 billion for the same year.

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  • Financial

Tecom Group Approves $109 Million Dividend for FY 2024 and Reports Strong Performance

Shahzaib3 months ago3 months ago02 mins

Tecom Group shareholders have approved the FY 2024 financial statements and a cash dividend of AED400 million ($109 million) for the second half of 2024. The company reported an 11% YoY revenue increase, reaching AED2.4 billion, alongside a 14% rise in net profits to AED1.2 billion.

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  • Financial

Telecom Egypt Reports 45% Revenue Growth for FY 2024, Eyes Strong 2025 Outlook

Shahzaib3 months ago3 months ago02 mins

Telecom Egypt reported a 45% YoY revenue increase for FY 2024, reaching EGP 82 billion. Data revenue growth, a surge in IDD revenue, and a strong customer base drove the results. The company expects continued robust performance in 2025, supported by a solid financial position and integrated services.

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  • Financial

Telecom Egypt to Release Audited Financial Results for 2024

Shahzaib4 months ago4 months ago02 mins

Telecom Egypt will release its audited financial results for 2024 on February 27, 2025, before trading begins. The report, prepared in line with Egyptian Accounting Standards, will provide insights into the company’s performance, reinforcing its role as a leading player in Egypt’s telecom sector and its strategic investments in Vodafone Egypt.

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  • Financial

Dialog Axiata PLC Reports Q3 and Nine-Month Earnings Results for 2024

Shahzaib7 months ago7 months ago02 mins

Dialog Axiata PLC reported its earnings for Q3 and the nine months ending September 30, 2024. Q3 sales decreased to LKR 42.83 billion, while net income rose to LKR 4.50 billion. For the nine months, sales were LKR 125.38 billion, with net income dropping to LKR 5.69 billion.

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  • Financial

Beyon Reports Strong Financial Growth in First Nine Months of 2024

Shahzaib7 months ago7 months ago03 mins

Beyon, Bahrain’s telecom giant, reports a 1% rise in net profit to BD56.2 million and a 6% revenue increase in the first nine months of 2024. Comprehensive income surged by 22%, driven by favorable investment gains. EBITDA margin remained steady at 40% amidst consistent growth.

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