Proudly reporting the continuation of Telecom Egypt’s growth momentum at the beginning of the year, Mohamed Nasr Eldin, Managing Director and Chief Executive Officer, commented, “Our Q1 2024 operational and financial results reflect the resilience of our business in the face of macroeconomic challenges.”

Read more: Telecom Egypt Q1 Results: Strong Growth Momentum Sets the Tone for 2024

Saudi Telecommunications Company (stc) and Global Digital Integrated Solutions Company (Aramco Digital) have qualified for the specialized radio network license in Saudi Arabia. Further evaluation will be conducted to determine who will be granted the license.

Read more: Competition Heats Up for Saudi Arabia's Specialized Radio Network License

Aligned with its recent partnership with Startupbootcamp, Umniah has launched the first leg of its entrepreneur-driven challenges through ‘The Tank’ platform. Under the sponsorship of His Excellency Ahmad Hanandeh, Minister of Digital Economy and Entrepreneurship, Jordan's progress in fostering a conducive environment for startups and entrepreneurs was highlighted during the event.

Read more: Umniah Launches First Startupbootcamp MENA Challenge

‘walletii by Ooredoo,’ a new state-of-the-art fintech solution, has officially made its debut in Oman at the 33rd edition of the COMEX Global Technology Show. This launch marks a significant milestone in Ooredoo’s strategy to extend the successful Ooredoo Money platform from Qatar to the broader MENA region.

Read more: Unveiling 'walletii': Ooredoo's Next-Gen Fintech Solution Debuts in Oman

Zain KSA is injecting SAR 1.6 billion to expand its infrastructure, 5G network, and digital services ecosystem. Part of an integrated expansion plan, this step aligns with Zain KSA’s strategy to achieve digital inclusion across the Kingdom and enable an advanced digital infrastructure that provides the best customer experience.

Read more: Zain KSA Plans Major 5G Expansion With SAR 1.6 Billion Investment

du has officially announced a partnership with Gracia Group. Together, both entities intend to unveil a fully-fledged digital ecosystem, which is poised to transform the agricultural sector in the UAE.

Read more: Modernizing Agriculture: du, Gracia Group Launch First-of-its-Kind Agritech Platform

Zain KSA has announced its financial results for the first quarter of 2024, reporting a revenue of SAR 2.5 billion. This marks a 4.7% increase compared to the revenue generated during the same period in 2023. Zain KSA reported a net profit of SAR 67 million compared to SAR 1.1 billion in the first quarter of last year.

Read more: Zain KSA Reports Revenue of SAR 2.5 Billion in Q1 2024

Zain Group announced the publication of its 13th annual sustainability report, entitled “A Pathway to Value Creation,” which reflects the company’s progress and efforts to address deficits and challenges across its footprint, while providing “Meaningful Connectivity” that leads to equitable systemic change through the UN’s Sustainable Development Goals (SDGs).

Read more: Zain’s Latest Sustainability Report Highlights Meaningful Connectivity

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