National Bank of Kuwait (NBK) and Ooredoo Kuwait are set to develop digital services, products and solutions, in the framework of a memorandum of understanding that they signed recently, with the aim of enriching customer experience in both entities.
Etisalat has made history by emerging as the strongest brand across all categories in Middle East and Africa (MEA) region. This feat puts Etisalat among the top 25 brands globally in the strongest brands index by Brand Finance, the world’s leading independent brand valuation and strategy consultancy.
Telecom Egypt’s (WE) fixed network was deservedly named the fastest fixed network in North Africa for the third and fourth quarters of 2020 for reaching average internet speeds of 32.66 Mbps, according to Ookla®, a world leader in measuring and evaluating internet speeds. Evaluations are based on a careful analysis of tests that are run by users through Speedtest®. This award confirms Telecom Egypt’s keenness to support Egypt’s digital transformation through its continuous investments in developing and upgrading its infrastructure.
Help AG, the cybersecurity arm of Etisalat Digital, has appointed Fahad Al-Suhaimi as country director for Saudi Arabia.
STC and its partner in 5G network deployment in the Middle East, Huawei, have signed a memorandum of understanding (MoU) with Saudi Aramco to launch a joint innovation program to study the application of 5G technology in the oil and gas industry and develop solutions. The MoU is expected to fuel economic growth and societal benefits in the Kingdom and around the world.
Etisalat rolled out its vaccination programme for eligible employees across the UAE in co-ordination with the Ministry of Health.
Zain KSA announced the launch of leased line telco services that are enabled by the 5G technology for the business sector, characterized mostly by their low cost and high efficiency and reliability, which is identical to the efficiency and reliability of fiber networks.
Zain Saudi Arabia has won the three prizes devoted to the experience of 5G users for each of the indicators of "download speed of the fifth generation network" (5G) and "the provision of fifth generation services (5G)" and "Download speed for fifth generation (5G) users."
The National Bank of Oman (NBO), the largest local bank in Oman, recently chose Infinet Wireless' solutions for the deployment of its new national network, one that is reliable enough to connect all its mission critical applications and linking up the bank's local branches, its main training center and head office. According to the statement, the main criteria for choosing Infinet was its ability to deliver optimal connectivity, “always-on” and cost-effective. This new platform was also able to overcome previous challenges related to the bank's legacy network, primarily based on the Free Space Optics technology.
stc announced the company’s preliminary financial results for the period ending at 31 December 2020. Revenues for the 4th quarter reached SR 15,213m with an increase of 14.69% compared to the corresponding quarter last year. For the 12 months period of 2020, the revenues reached SR 58,949m, registering an increase of 8.43%.
