e& has announced that its shareholders have endorsed the Board of Directors' proposal for a new progressive dividend policy. This policy will see a yearly incremental increase of AED 0.03 for the fiscal years 2024, 2025, and 2026, culminating in a dividend per share (DPS) of AED 0.89 by fiscal year 2026, as announced during the group's Annual General Meeting (AGM).
HITEK, part of the Farnek Group, has signed a JV partnership with Virgin Mobile Saudi, a Beyond ONE subsidiary, making it the preferred technology partner to enable a joint strategic approach to develop smart cities in Saudi Arabia.
The Board of Directors of stc Bahrain has announced the appointment of Eng. Khalid bin Baijan Al Osaimi as the new CEO of stc Bahrain, succeeding Eng. Nezar Banabeela.
Zain KSA has launched the first 100% Saudi-made fleet management system for the business sector. This comprehensive solution incorporates state-of-the-art tracking devices designed, manufactured, and assembled locally. Leveraging the advanced capabilities of Zain Cloud and hosting all data locally, Zain KSA is the first telecom operator in the Kingdom to offer a fleet management solution for the 'Made in Saudi' Program.
du, commercially rebranded from Emirates Integrated Telecommunications Company (EITC), has announced the launch of du Pay, marking a significant milestone in the UAE's transition toward a cashless economy and aligning seamlessly with the national agenda for digitalization.
During the last quarter of 2023, Umniah claimed the prestigious Speedtest Awards title for Jordan's fastest mobile network. An exhaustive analysis revealed Umniah's impressive Speed Score of 40.57, boasting median download speeds of 30.76 Mbps and median upload speeds of 22.75 Mbps.
e& UAE has announced its membership in MEF, a global industry association of network, cloud, security, and technology providers. This move underscores the digital telco’s commitment to delivering world-class network solutions and enabling seamless connectivity for its customers across the region.
du, commercially rebranded from Emirates Integrated Telecommunications Company (EITC), has announced the signing of a Memorandum of Understanding (MoU) with Expereo—an intelligent internet provider—to extend du's reach to global enterprises that have a presence in the UAE. This collaboration will enable du to deliver a full suite of global network services, tailored to the specific needs of enterprises and government entities in the UAE.
The Public Investment Fund (PIF) and Saudi Telecommunications Company (stc Group) has announced the signing of definitive agreements whereby PIF will acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL) from stc Group.
In a market first for the UAE, Virgin Mobile UAE has integrated the UAE PASS into their app-based eSIM onboarding journey, eliminating the need for customers to visit to a physical store or order a physical SIM for delivery.
