Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Grameenphone Ltd reported strong financials in 2024, with a 60% EBITDA margin and a 20% profit margin. However, subscriber losses and economic challenges, including inflation and increased taxes, pressured growth. The company made strides in digitalization and sustainability, with significant investments in CapEx and renewable energy.
Dewa and ABB Smart Power Division officials met in Dubai to explore collaboration on smart grid automation, predictive maintenance, and energy management. The partnership aligns with Dewa’s digital transformation goals and sustainability initiatives, leveraging AI, Blockchain, and IoT to build a sustainable energy ecosystem in Dubai.
stc has reported solid financial results for 2024, with a 2.8% revenue growth and a customer base of 2.3 million. The company emphasized its commitment to digital transformation, sustainability, and innovation. stc also plans to distribute cash dividends to shareholders, reflecting its strong financial position and growth outlook.
Hutch Sri Lanka has partnered with Ceylon Waste Management to launch an e-waste recycling initiative. Customers can recycle mobile phones and batteries at collection stations in Hutch stores and earn rewards such as data and talk time. This initiative promotes sustainability and responsible disposal of electronic waste.
Zong 4G partnered with Waste Hero for environmental initiatives, including waste management activities and workshops on recycling and e-waste disposal. The company aims to promote sustainability through education and collective action, with events targeting students, professionals, and employees, fostering a culture of environmental responsibility in Pakistan.
Dialog Axiata has partnered with EcoMatcher to launch Sri Lanka’s first tech-driven tree-planting platform, allowing individuals and businesses to contribute to reforestation and carbon offset efforts. Users can track the growth of their trees and monitor their impact through EcoMatcher’s transparent, digital platform.
Zain Group has officially received approval from the Science Based Targets initiative (SBTi) for its climate targets, aiming to achieve net-zero emissions by 2050. This includes a 42% reduction in Scope 1 and 2 emissions by 2030. The approval further solidifies Zain’s leadership in corporate sustainability in the region.
Artificial intelligence (AI) is being used to reduce wastewater and redesign systems for water recycling, as discussed at the World Economic Forum in Davos. Experts highlighted how AI can help manage water resources more efficiently, reduce energy usage, and create sustainable solutions for the growing global water crisis.
CSSL has unveiled its 2030 strategy to position Sri Lanka as a leader in the global digital economy. The plan focuses on innovation, inclusivity, and sustainability, aiming to create a $15 billion digital economy. Key initiatives include fostering emerging technologies, bridging the digital divide, and promoting environmental sustainability.
The World Future Energy Summit 2025 kicked off in Abu Dhabi, highlighting discussions on clean energy, sustainability, and innovation. Key topics included the role of women in decarbonisation, digital technologies for energy transition, and sustainable water management. The summit also showcased groundbreaking projects and strategic partnerships for a greener future.