Friday 5 March 2021

Post-Covid emerging digital solutions to be worth over $3 trillion

  With an estimated market value of $350 billion today, the array of emerging digital solutions for life after Covid-19 is likely to be worth over $3 trillion by 2025, according to UNCTAD's Technology and Innovation Report 2021, which examines the crucial issue o


ITC partners with Huawei for key Saudi 5G network expansion

Integrated Telecom Company (ITC), a leader in telecom and ICT services in Saudi Arabia, has joined hands with top global ICT infrastructure provider Huawei to start implementing the second phase of 5G infrastructure expansion through addition of 1,000 new sites.   


Kone boosts Orange partnership; moves contact centre to cloud

Kone, a global leader in the elevator and escalator industry, said it has strengthened its partnership with Orange Business Services by moving its global contact center solution to the cloud.    Orange is one of the world's leading telecommunications op


Dubai group CorporateStack launches new design house

CorporateStack, a fast-growing Dubai-based software company that digitally transforms businesses through its diverse solutions, said it is diversifying its business with the launch of a new creative design house: Pixels Tree.   With the world moving towards a di


Airbus, Atlas Telecom in smart communications solutions deal

Airbus and Atlas Telecom, a UAE-based communications technology integration and security solutions company, have signed a strategic partnership agreement at the ongoing IDEX 2021 to combine their local and global expertise and reinforce collaboration among public safety agencies in Abu Dhabi.


UAE firm unveils ultra-secure messaging app

Digital14, a UAE-based leader in digital transformation and cyber resilience, has announced the latest release of Katim Messenger, the world's first ultra-secure chat application, now available to UAE businesses and all government entities. It means that organisations can be


Du announces foreign ownership limit increase to 49%

The Emirates Integrated Telecommunications Company (du) has announced that it has raised its foreign ownership limit to 49 percent. In a filing to Dubai Financial Market, the company said effective February 23, 2021, individual UAE nationals and wholly UAE establishments, compani


Zain Group's 2020 revenue hits $5.3bn, net income down 10pc

Zain Group, a leading mobile telecom innovator in seven markets across the Middle East and Africa, has registered a consolidated revenue of KD1.63 billion ($5.3 billion) for 2020, reflecting a 2% Year-on-Year (Y-o-Y) decline, while consolidated ebitda for the period declined by 8% Y-o-Y, to r


Etisalat records solid revenue for 2020, net profit hits $2.4bn

UAE's leading telecom services operator Etisalat has registered consolidated revenues of AED51.7 billion ($14.1 billion) for the 12-month period ending December 31, 2020, while its net profit after federal royalty surged to hit AED9 billion ($2.4 billion), up 3.8 per cent over the year be


Etisalat and stc named MEA’s strongest telecoms brands

Etisalat and stc remain the frontrunners across the MEA region, claiming the title of the MEA’s strongest and most valuable telecoms brands, respectively.   stc is the region’s most valuable brand, its brand value up an impressive 14% to US$9.2 billi

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