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stc announced its annual consolidated financial results for 2021 . Financial highlights include total revenues reaching to SAR 63.4 billion, a YoY increase of 7.6%; the operating profit reaching to SAR 13.1 billion, a YoY increase of 3.1%; and EBITDA reaching SAR 22.8 billion, a YoY increase of 3.4%.

Read more: stc achieves positive overall 2021 results, revenue increased by 7.6%

Virgin Mobile UAE is the first telecom brand in the country to introduce new biodegradable SIM cards.  The move is in line with the UAE’s vision to create a vibrant new green economy that will offer the world a unique model for sustainable development.

Read more: Virgin Mobile unveils UAE’s first eco-friendly SIMs

Orange Group reveals the financial results of full-year 2021, with 42.5 billion euros worth of revenues, up by 0.8%. This is driven by the solid performance of the Middle East and Africa (MEA) region at 10.6% and a strong increase in equipment sales at 8.5%.

Read more: Orange’s FY 2021, driven by solid performance in MEA

Cairo, 14 February 2022: Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and GRID Telecom, subsidiary of the Independent Power Transmission Operator (IPTO) in Greece, signed a strategic Memorandum of Understanding (MoU) to connect Greece and Egypt using submarine cable infrastructure.

Read more: Telecom Egypt and GRID Telecom sign a strategic MoU to connect Egypt and Greece

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