Saudi Telecom Company (stc) has delivered solid H1 results recording a 3.8% jump in its revenue for the six-month period hitting SAR40.11 billion ($10.7 billion), while gross profit increased 5.3% to SAR19.64 billion ($5.1 billion), driven by growth across its telecom and digital businesses.
Zain Group, a leading TechCo providing innovative ICT and digital communications in eight markets across the Middle East and Africa, has reported a 1.4% rise in second-quarter net profit attributable to shareholders, as higher ebitda offset a decline in revenue amid regional geopolitical challenges.
Emirates Telecommunications Group Company (e&) has announced the termination of its relationship agreement with Vodafone Group and sale of its shares in the company for approximately AED21.8 billion ($5.95 billion).
UAE telecom major e& has announced the launch of OneWork, a cloud-based unified collaboration platform built within the UAE to serve organisations operating across the country. It is designed to meet national data sovereignty requirements while enabling advanced digital transformation.
Leading UAE telecom services company e& has partnered with TM Forum to jointly release a new white paper that outlines its roadmap towards Level 4/5 autonomous networks, aligning AI-native operations, intent-based orchestration and cross-domain intelligence.
Omantel has announced the launch of its AI Centre of Excellence, an integrated platform designed to accelerate the adoption of advanced artificial intelligence technologies and support the transformation of promising ideas and applications into scalable digital products across multiple sectors.
Zain Group, a leading TechCo providing innovative ICT and digital communications in eight markets across the Middle East and Africa, recorded a consolidated revenue growth of 6% to reach KD569 million ($1.86 billion) for Q1 2026.
Bahrain-based international technology group Beyon has recorded solid revenue growth for the first quarter hitting BD119 million ($313 million), up from last year's figure of BD117 million ($307 million), primarily driven by growth in digital services, while its net profit fell 15% to BD15.3 million ($40.6 million).
Ooredoo, a major telecom company, has announced a strong start to 2026, delivering higher profitability and solid earnings momentum in the first quarter.
e&, the UAE-headquartered global technology group, reported a strong start to 2026 with a consolidated revenue of AED19.4 billion ($5.28 billion) in the first quarter, reflecting a 15.1 per cent year-on-year (YoY) growth.
