The SMB sector plays an instrumental role in the current UAE economy, accounting for 86 percent of the total private sector workforce and more than 60 percent of the country’s current GDP.
Telecom Operators
Etisalat’s eWallet unveils free digital utility bill payment services
Digital Financial Services, a joint venture between Etisalat and Noor Bank, today announced the launch of eWallet's utility bill payment services, giving customers peace of mind and savings while paying their bills.
Telecom Egypt reports 20% revenue growth, monitors stc acquisition ‘closely’
Telecom Egypt has announced a 20% year-on-year increase in consolidated revenue in the quarter ended 30 June 2020, with turnover rising to EGP7.94 billion (USD497 million). It attributed this level of growth to what it called a ‘spike’ in retail revenue, which rose by 43% y-o-y to EGP3.63 billion.
stc Kuwait records $445.7 million revenues
Kuwait Telecommunications Company (stc) announced its financial results for the six-month period, which ended 30 June 2020.
Etisalat prepares to serve the ‘new normal’ by fast-tracking UAE’s digital transformation
Etisalat claims its readiness to serve the ‘New Normal’ by encouraging and advancing digital transformation with the help of new partnerships, collaborations and investments with digital adoption being key for new digital services, said Dr. Ahmed Bin Ali, Senior Vice President, Corporate Communications, Etisalat Group.
Etisalat: over four decades of evolution in the telecom sector
stc to deploy Kuwait’s first expanded 5G network on 2.1 GHz frequency
Kuwait Telecommunications Company, stc, has announced the successful trial of its expanded 5G network on a 2.1 GHz frequency band, the first of its kind in Kuwait, with the ability to provide better 5G solutions to its customers.
stc secures 5G contract in NEOM’s “cognitive cities”
NEOM announced its first step to create the “world’s leading cognitive cities” after signing a contract with stc group to establish a 5G network infrastructure that will accelerate NEOM’s digital ambitions.
MTN delivers strong first half results during pandemic and pulls out from Middle East
MTN Group has reported encouraging results for the first half of 2020, navigating well through the economic crisis brought on by COVID-19, and have announced they are pulling-out of the Middle East.
Ooredoo Kuwait H1 revenue points to pandemic disruption
Ooredoo Kuwait said that revenues decreased by 5 percent to KWD 294.1 million in the first six months to 30 June from KWD 310.4 million a year earlier.