Huge efforts towards digital transformation are now underway in the Middle East region. Not just businesses, but governments as well, are increasing their investment in technology — some more than double from 2021-2026 — to become digital hubs and ensure a suitable transition into the advanced world of technology.

Read more: Will Middle East Overcome Latest Challenges in ICT Sector?

An analysis by GlobalData, a leading data and analytics company, indicates that the Content Delivery Networks (CDN) segment is poised for significant expansion, giving various chances for existing telecom connectivity providers. The report credits this upbeat forecast to continuing product and service innovation in the CDN sector.

Read more: GlobalData: CDN Segment Growth Expected to Create Opportunities for Telcos

The ITU Arab Regional Cyber Security Center (ITU-ARCC) and Huawei have signed an agreement to jointly promote public-private partnerships (PPPs) in cybersecurity. The cooperation agreement was signed by Eng. Badar Al Salehi, Director General, Oman National CERT, and Head of the ITU Arab Regional Cybersecurity Center (ITU-ARCC), representing ITU-ARCC, and Shunli Wang, VP of Huawei Middle East and Central Asia, during COMEX 2023.

Read more: Huawei, ITU-ARCC to Jointly Focus on Cybersecurity in Arab World

With Muscat heralded as the Arab Digital Capital for 2022, the country is laying out its long-term development and national implementation program, “Oman Vision 2040.” This instrumental plan will foster many services and opportunities for Oman and the greater region through digital transformation in the ICT sector and beyond.

Read more: IT’S TOMORROW: Find Out More About The Progress of Oman’s Telecom Industry

The global cyber insurance market registered significant growth in 2020 and 2021, primarily due to substantially increased premiums. The increased frequency and severity of cyberattacks, coupled with the global shift to remote working in the wake of the pandemic, prompted insurers to raise prices.

Read more: Global Cyber Insurance Market to Reach $33 Billion by 2027

Telecom Review has successfully concluded its latest webinar titled “E-Oman: The Success of Digital Transformation,” which gathered the telecom industry leaders within Oman. The panel featured executive panelists, namely Sheikh Talal Bin Saeed Bin Marhoon Al Mamari, CEO, Omantel Oman; Bassam Yousef Al Ibrahim, CEO, Ooredoo Oman; and Bader Al Zidi, CEO, Vodafone Oman. The panel was moderated by Abdullah S. Al-Balushi, Partner and Technology Consulting, EY.

Read more: Telecom Review Virtual Panel, 'E-Oman: The Success of Digital Transformation'

The Telecommunications and Digital Government Regulatory Authority (TDRA) announced the registration of more than 46,000 new domain names under the UAE national domain .ae in 2022, bringing the total number of registered domain names to 300,000 by Q1 2023. This shows an increase of nearly 20% compared to 2022.

Read more: Domain ‘.ae’ Among Fastest Growing in Arab Region, Says TDRA

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