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

Emirates Integrated Telecommunications Company PJSC (“EITC”) announced its financial results for the year-ended 31 December 2021. Full-year revenues grew by 5.4% to AED 11.7 billion on sustained demand for broadband services and 5G handsets as well as a gradual recovery of mobile services.

Read more: du reports 5.4% revenue growth in full-year 2021 results

During LEAP 2022, stc showcased several innovative services, technologies and digital solutions that contribute to accelerating the digital transformation of various sectors to provide a safe environment for digital infrastructure. This enables connectivity for business sectors by providing the largest advanced 5G network in the Middle East, ensuring advanced transactions for various sectors.

Read more: stc at LEAP 2022: Over 15 MoUs signed to enable digital transformation in the region

du, from Emirates Integrated Telecommunications Company (EITC), advanced its commitment to supporting online child safety through its collaborations with the United Nations Children's Fund (UNICEF) and the Supreme Council for Motherhood and Childhood (SCMC) in light of Safer Internet Day.

Read more: du partners with UNICEF, SCMC to provide safer online environment for children on Safer Internet...

Etisalat Group has announced the appointment of Mikhail Gerchuk as CEO - International and Khalifa Hassan Al Forah Al Shamsi as CEO - Etisalat Consumer Digital. Reporting to Hatem Dowidar - Etisalat Group CEO, Gerchuk and Al Shamsi will help secure the organisation’s growth mandate. Gerchuk will be responsible for providing comprehensive direction to develop and implement the international telco strategy and the accompanying long-term plans needed for practical, maintaining growth across international operations. Al Shamsi’s appointment is part of Etisalat Group’s ongoing digital transformation strategy to significantly expand Etisalat’s digital portfolio by growing the existing business, as well as capturing new opportunities in the consumer market, through its new dedicated vertical – Etisalat Consumer Digital. 

Read more: Etisalat appoints two new CEOs to drive growth across its operations

Honeywell and solutions by stc, have signed a Memorandum of Understanding (MoU) to help develop strategic mega projects across the Kingdom in support of Saudi Vision 2030 and its efforts to create a more diverse and sustainable economy and accelerate digital transformation.

Read more: solutions by stc to develop projects for Saudi vision 2030

Zain and the fast-growing gaming startup PLAYHERA announced a joint-venture agreement to launch PLAYHERA MENA powered by Zain eSports. Zain, Zain eSports, and PLAYHERA plan to invest more than SR 375 million over the upcoming five years; the newly established JV will have Riyadh as its headquarters and go after MENA’s lucrative gaming market with an estimated 100 million gamers across the region.

Read more: Zain KSA unveils multi-million dollar deal

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