IT industry leaders in Bangladesh have urged the government to extend the tax exemption for the IT sector by three years to maintain growth and competitiveness. Highlighted during a policy dialogue, this extension is deemed crucial for enhancing reinvestment and supporting the sector’s contribution to the national GDP.
Robi Axiata, Bangladesh’s second-largest telecom operator, reported a 154% year-on-year profit increase in Q1 FY24, driven by revenue growth and reduced forex losses. The company’s focus on expanding its 4G network and digital services has significantly contributed to this growth, aligning with its strategic vision for digital transformation.
The UAE’s Telecommunications and Digital Government Regulatory Authority (TDRA) unveiled the National Digital Accessibility Policy, aimed at ensuring inclusivity in digital services. Aligned with UAE’s vision for an integrated society, the policy emphasizes equal access for people of determination. TDRA commits to robust infrastructure and public-private collaboration to realize this vision.
Algeria’s digital journey takes center stage at an INESG gathering, highlighting achievements in high-speed internet deployment and the transition to online processes. Experts commend the nation’s digitization efforts, emphasizing collaboration and innovation as keys to success in advancing Algeria’s digital landscape.
ZTE collaborates with Banglalink to upgrade its 4G network in Bangladesh, enhancing coverage and capacity. The partnership aligns with Banglalink’s focus on customer experience and supports the government’s “Smart Bangladesh” vision. Banglalink aims to maintain its status as Ookla’s fastest data network, while ZTE commits to optimizing user experiences.
Alat, backed by Saudi’s PIF, introduces Electrification and AI Infrastructure units, targeting global energy transition and AI-driven innovation. With a $100 billion investment commitment, the move aligns with market trends, aiming to revolutionize industry practices and fortify Saudi Arabia’s position as a sustainable industrial leader.
Zain Bahrain discloses Q1 2024 financials, revealing a 25.3% decline in net profit but a 7.4% revenue surge, driven by innovative data solutions. Despite challenges like start-up costs for its Fintech subsidiary, the telecom giant launches Bede, a Shariah-compliant Fintech Mobile App, and upgrades its 4G network for improved user experiences.
EZPac, a burgeoning digital printing startup, is set to transform the stand-up pouch market in Morocco with the installation of…
Afghan Wireless Communication Company (AWCC) has introduced telecommunication services in Noor Gul, Kunar, for the first time, providing essential connectivity to a region previously lacking such services. This initiative is part of broader efforts to enhance telecommunications across remote areas of Afghanistan, significantly improving local access to communication.
Telenor Velocity and Google have partnered to nurture tech startups in Pakistan through the Google Cloud Startup Competition 2024. This initiative aims to drive innovation in AI, fintech, and other sectors, offering winners a cash prize and networking opportunities, thereby enhancing Pakistan’s tech ecosystem and entrepreneurial landscape.
