Zain Bahrain announces the launch of ZainTech, the one-stop digital and ICT solutions powerhouse of Zain Group, aiming to accelerate the digital transformation of enterprises and government entities in the Kingdom.
e& was recognized as the most valuable UAE brand of the year 2022, leading the UAE’s league table with a brand value of US$11.84 billion and showing a value growth of 120% between 2020 and 2022.
Zain Group, a leading ICT service provider in Middle East and Africa and Huawei announce the successful testing of the first AI-In-Network use case: site power saving, an intelligence-based energy-saving solution. The successful launch took place during the recent Zain Group and Huawei ICT Technology Summit 2022, marking Zain Group’s Intelligence-based network transformation and entry into the Autonomous Driving Network (ADN) era. Additionally, the use case fast-tracks Zain Group's ambitious transition to Net Zero by 2050.
Zain KSA shows consistent financial and operational growth upon recording triple-digit growth in net profit and comprehensive income during the first nine months of 2022.
e& (formerly known as the Etisalat Group) declared its net zero targets by 2030 during the Group’s participation at the 27th Conference of the Parties of the UNFCCC (COP27), currently taking place in Egypt, aimed at reducing carbon emissions across its operations and accelerating its efforts to contribute to global climate action.
e&, formerly known as Etisalat Group, announced its financial results for Q3 2022. The telco’s consolidated revenues reached AED 13 billion, an increase of 5.5% at constant exchange rates. Consolidated net profit was AED 2.5 billion, a YoY increase of 1.9%. At constant exchange rates, its revenue increased by 5.5%.
du, from Emirates Integrated Telecommunications Company (EITC), and Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, have announced the successful completion of the “Seeds for the Future” program for 2022. The two-part program is designed to enhance skillsets and accelerate efforts to drive talent progression for women and Emirati graduates in the UAE.
Emirates Integrated Telecommunications Company (EITC) published its financial results for the third quarter ending September 30, 2022. Revenues increased by 10.5% to AED 3.17 billion on sustained demand for broadband and mobile services. EBITDA grew 18.5% to AED 1.3 billion, thanks to a sharp increase in service revenues and gross margin expansion. Net profit increased by 12.7% to AED 319 million.
The Johannesburg-based company announced that MTN Group is selling its Afghanistan business for $35 million to Beirut-based M1 New Ventures, owned by Lebanon’s Mikati family, to exit the Middle East. This news comes alongside the release of the company’s third-quarter results.
Infobip, a global communications and leading customer experience platform, has concluded a strategic agreement with Zain Jordan that will see the leading Middle East and Africa telecom operator elevate their offer with Infobip’s Communications Platform as a Service (CPaaS) and Software-as-a-Services (SaaS) solutions to the Small and Medium Enterprise (SME) market.
