Telecom Egypt, owned by the government of Egypt with a share of 80%, announced changes in its Board of Directors by a decree from the Egyptian Prime Minister with immediate effect and for the remaining period of Board of Directors. The Board of Directors appointed Eng. Adel Hamed as the new Managing Director and Chief Executive Officer.
Saudi Telecom Company (STC) has announced the company’s preliminary financial results for the period ending at 31 December 2018:
Commenting on the results, Group CEO of Saudi Telecom Company said, the results for the 4th quarter and 2018 were excellent, reflecting the strong and continuous performance of the company.
Emirates Integrated Telecommunications Company (EITC) today announced the resignation of its chief financial officer, Amer Kazim, who is leaving to take up a position with a Dubai government-owned organization.
Ooredoo Group has announced that it has successfully trialed the first International 5G call in the Arab World. Ooredoo’s call was between Sheikh Saud Bin Nasser Al-Thani, Chief Executive Officer, Ooredoo Group and Sheikh Mohammed Bin Abdulla Bin Mohammed Al-Thani, Chief Executive Officer, Ooredoo Kuwait.
Etisalat business and home subscribers will experience double broadband speed enabling them to implement and use advanced digital technologies in their homes and offices.
Etisalat Digital has entered into a strategic partnership with the Federal Electricity and Water Authority (FEWA) to provide them with ‘Etisalat Direct’. This bespoke solution is hosted and powered by Etisalat’s UAE based OneCloud and is a fully managed application that enables FEWA to connect with their customers more effectively.
Saudi telecommunications operator Zain has expressed their delight following the official announcement of its fiscal results for Q4 in 2018. The company enjoyed record growth as its net profits soared.
As part of its expansion plan, Alfa, managed by Orascom TMT, inaugurated two new stores in Solidere, Downtown Beirut, and Jbeil to better serve its customers across the Lebanese territory.
Etisalat today received ‘The Most Valuable Portfolio Brand’ in Middle East and North Africa (MENA) by Brand Finance as recognition for the company’s impressive portfolio of brands becoming the first Middle East group to break the $10 billion barrier in terms of wider portfolio value.
du, from Emirates Integrated Telecommunications Company (EITC), is set to work alongside some of the world’s leading multinational telco firms as a member of the Carrier Blockchain Study Group (CBSG) – a global consortium of leading telcos constructing the next-generation of blockchain technology and innovations.
