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.
stc Group has announced its financial results for the first quarter of the year. “We are proud of the achievements, contributions and initiatives that the Group has undertaken to this day, and we are determined to be committed to being a vital tributary to the national economy, and a major enabler of digital transformation in various fields and sectors,” commented Olayan Mohammed Alwetaid, stc Group CEO.
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.
The Zain Group Annual General Meeting (AGM) was held at Zain Group’s headquarters in Kuwait, attended by a quorum of 77% of shareholders. During the AGM, Zain Group’s 2023 annual report entitled “40 Years of Pioneering Innovation and Sustainable Growth” was presented, highlighting the financial statements, governance and auditors reports and the major achievements of Zain Group, its operations and subsidiaries across the Middle East and Africa for the previous year. Additionally, Zain Group released its 2023 Sustainability Report.
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.
du has launched its newest plug and play product, du Smart Car, which provides multiple benefits to both car drivers and passengers.
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).
e& claimed the top spot in the Brand Finance Middle East 150 and Brand Finance UAE 50 reports for 2024, and was consequently recognized as the fastest-growing technology brand in the Middle East.
The Commercial Bank of Dubai (CBD), one of the most prominent national banks in the United Arab Emirates (UAE), has selected HPE GreenLake, hosted in du’s hyper-connected and Tier III Certified data centers, to accelerate CBD’s hybrid cloud journey and optimize the customer and team member experience.
Ooredoo Group announced its financial results for the first quarter of the year on a strong note. To highlight, the company delivered a revenue of QAR 5.9 billion, up by 4%, with an increase in normalized net profit of QAR 1 billion, up by 26%.
