Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Ooredoo Kuwait Group reported 9% revenue growth in 2025, driven by strong performance across key markets, continued network investment and expansion into advanced technologies including 5G Advanced and AI infrastructure.
Zain Kuwait earns ‘Best Telecom’ and ‘Most Innovative Telecom’ awards for 2025, recognizing its leadership in 5G-Advanced deployment, AI-driven network operations, Open RAN trials, and digital transformation initiatives that enhance infrastructure performance, customer experience, and support Kuwait’s digital economy ambitions.
Kuwait will host the fifth Digital Cooperation Organization General Assembly, highlighting its growing global role in shaping digital economy policies, fostering international cooperation, and advancing inclusive and sustainable digital development.
stc posted KD 342.5 million in revenue and KD 34.1 million in net profit for 2025, driven by consumer growth, enterprise expansion, and operational efficiency. EBITDA reached a multi-year high, while AI adoption, 5G projects, and strong governance reinforced its leadership in Kuwait’s digital transformation.
stc Kuwait won two major honors at the Global Business Outlook Awards 2025 for corporate governance and compliance leadership. The recognition highlights its robust governance framework, ethical culture, and sector-leading approach to risk, transparency, and regulatory alignment, reinforcing stc’s position as a trusted digital leader in Kuwait’s telecom sector.
India and Kuwait convened a high-level AI dialogue in Kuwait City, spotlighting India’s leadership in digital innovation, ethical AI, and startup growth. The event positioned AI as a bridge for bilateral collaboration and set the stage for the India AI Impact Summit 2026, reinforcing Global South leadership.
Kuwait Investment Authority-backed Raqami Islamic Digital Bank will launch in Pakistan next month with a $100 million investment. The fully digital, Shariah-compliant bank targets individuals and SMEs, expanding financial inclusion and reinforcing growing Gulf interest in Pakistan’s banking and digital finance sector.
Kuwait is accelerating PPP-led infrastructure, with the Supreme Committee reviewing power, water, and digital projects. Approval is pending to award the national fiber network tender, a 50-year PPP delivering up to 10Gbps speeds and 90% home coverage, shifting network operations to the private sector.
Nearly six in ten consumers in Kuwait now rely primarily on digital payments, according to Visa. Cash use is falling across everyday categories, with peer-to-peer payments seeing the sharpest decline. Convenience, security, and rewards are driving the shift toward cards and mobile wallets.
India and Kuwait convened the India–Kuwait AI Impact Dialogue 2026 in Kuwait to advance cooperation in artificial intelligence. The event highlighted India’s AI leadership, startup ecosystem and digital infrastructure while setting the stage for the India AI Impact Summit in New Delhi, fostering cross-border collaboration in emerging technologies.