Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Abu Dhabi-based startup Skipr has raised $2 million to develop sovereign AI trust infrastructure that enables secure interoperability between AI systems across clouds and jurisdictions.
du confirmed that its network and core systems are operating normally across all segments. With strong liquidity, stable revenues, and continued investment in 5G and digital services, the company maintains operational resilience and financial strength.
The Iraqi-UAE World Link project is a US$700 million hybrid subsea and terrestrial fiber network linking Asia and Europe through Iraq and Turkey. Designed for hyperscale traffic with sub-100ms latency, it supports AI workloads and cloud services, diversifies global data routes, and positions Iraq as a key Eurasian connectivity hub.
The leadership transition comes as e& reported strong full-year 2025 financial results. Consolidated net profit rose 33.6% year-on-year to AED14.4 billion (US$3.8 billion), while revenues increased 23.1% to AED72.9 billion (US$19.9 billion). EBITDA climbed 21.1% to AED32 billion (US$8.7 billion), and the group’s global subscriber base expanded 31.3% to 245 million.
Khazna said the milestone reflects its commitment to delivering resilient, high-performance digital infrastructure tailored to the accelerating demands of AI-driven computing. The company’s UAE portfolio currently includes 30 data centres, with 22 already achieving Tier III Certification of Constructed Facility status.
The Board has appointed Masood M Sharif Mahmood, currently CEO of e& UAE, to succeed Dowidar as Group CEO effective April 1, while also continuing in his UAE leadership role.
Mashreq has launched a digital cross-border banking service enabling UAE-based Pakistanis to remotely open and manage Mashreq Pakistan accounts through its UAE app. The service includes a unified dashboard, zero minimum balance accounts, and free instant remittances via Quick Remit, simplifying cross-border financial management.
e& Carrier & Wholesale Services has activated the 2Africa submarine cable at its SmartHub data centre in the UAE. Spanning 45,000 km, the system enhances international capacity, resilience, and latency performance, reinforcing the UAE’s role as a global connectivity hub amid growing demand for cloud and digital services.
e& posted record 2025 results with revenues up 23.1% to $19.85bn and net profit rising 33.6% to $3.92bn, alongside strong subscriber growth and a higher dividend payout, while announcing a leadership transition effective April 1.
du achieved an 89% employee engagement score in its latest Microsoft Viva Glint survey, ranking among the top 10% of organisations globally and outperforming regional and tech sector benchmarks. The results underscore du’s commitment to inclusivity, innovation, and a purpose-driven workplace culture.