Alfa welcomed the New Year by celebrating 2017 milestones during an evening held at Biel in Downtown Beirut, Lebanon. The celebration was held under the theme #LebanonCelebrates focusing this year on the concept of the Lebanese village and the importance of attachment to the land, which is rooted in Alfa's culture.

Read more: Alfa welcomes New Year by celebrating 2017 milestones during #LebanonCelebrates

UAE telecom provider Etisalat has launched a new payment service for the Small and Medium Business (SMB) segment in the UAE. The new service, Mobile Cashier, allows for easy on boarding and affordable mobile point-of-sale that enables SMBs to accept card payments from their customers, while enjoying mobile business plan benefits anywhere in the UAE, the company said.

Read more: Etisalat launches new payment service for UAE SMBs

Saudi Telecom Company (STC) reported an annual net profit increase of 14.3% compared to the previous year, for the period ending 31 December 2017, to reach SR 10,174m. Gross profit for the year reached SR 29,555m, an increase of 3% compared to the previous year. STC CEO Dr. Khaled Biyari touted the company's cost optimization initiatives and the shift in its strategy with a clear focus towards digitization.

Read more: STC publishes strong results despite lift on VoIP

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