Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Omantel achieved a group net profit of OMR 371 million in 2025 (+87.7% YoY) and revenue of OMR 3.41 billion (+11.4%). Growth was driven by a 56.7% surge in ICT services and Zain Group contributions. The company declared a 55% dividend, supported by 5G expansion and a regulatory reduction in mobile service royalties.
Egypt’s ICT sector doubles its GDP share with 16% annual growth, driven by AI, skills training, and digital government initiatives. Strategic partnerships with IBM and a surge in outsourcing bolster Egypt’s digital economy, making it a leading tech hub and data transit gateway in Africa and the MENA region.
Jordan’s ICT sector has grown nearly tenfold in revenue since 2000, driven by royal support and strategic initiatives. With over 46,000 employees, expanding education programs, thriving startups, and growing exports, ICT has become a pillar of Jordan’s economy, supported by advancing telecom infrastructure and increased digital connectivity.
Saudi Arabia’s digital economy grew to 15.6% of GDP in 2023, driven by strong ICT sector performance. ICT imports increased by 19.9%, exports surged 76.1%, and smart device adoption reached 71.6% of connected establishments, highlighting the kingdom’s advancing digital transformation and economic diversification.
Egypt’s mobile phone companies have invested $2 billion over three years to expand frequency spectrums, contributing to the country’s ICT sector, which has grown at over 16% annually. Egypt ranks first in Africa for fixed internet speed and has advanced significantly in AI and digital transformation readiness.