Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter, with revenue growing by 6.9% to AED4.1 billion ($1.116 billion), a record EBITDA margin of 49.5%, and net profit growing by 15.5% to AED0.8 billion ($217.8 million).
For more than a decade, the telecommunications industry has been defined by a single metric: speed. In Saudi Arabia’s rapid digital transformation, speed served as the initial catalyst - connecting cities, enabling services, and laying the foundation for a modern, connected economy.
Binance Bahrain, a part of leading global blockchain ecosystem Binance, has announced a strategic partnership with Beyon Connect, enabling the integration of the kingdom’s eKey 2.0 National Identity solution into the group to enable secure digital verification of users when conducting its transactions.
Global telecom major Ericsson and Mastercard have announced a collaboration to reshape how money moves across the world. It is aimed at empowering telecom service providers, banks, and fintechs to expand digital wallet capabilities and reach unbanked or underbanked communities.
Beyon reported a net profit attributable to equity holders of BD19.3 million ($51.2 million) for Q4 2025, a 17% increase from BD16.6 million reported for same quarter of 2024. For the full year of 2025, net profit was BD71.3 million ($189.1 million), a 2% decrease compared to BD72.8 million in 2024,
e&, a telecom and technology leader, has delivered record financial performance in 2025, reporting consolidated revenues of AED72.9 billion ($19.85 billion), an increase of 23.1 per cent year-over-year (YoY) from AED59.2 billion.
Zain Group, a leading provider of innovative ICT and digital lifestyle communications (TechCo) operating in eight markets across the Middle East and Africa, has announced robust consolidated financial results for the full-year 2025 (FY-25), and fourth quarter (Q4-25) ended 31 December 2025.
stc group recorded the highest revenues in its history of SAR77.8 billion ($20.75 billion) in 2025, reflecting a 2.5% increase compared to the previous year. Net profit rose by 12.5% after excluding non-recurring items, demonstrating the strength of the group’s business model and the continued execution of its sustainable growth strategy, the company said.
Batelco by Beyon has announced the renewal of its strategic partnership with the Gulf Cooperation Council Interconnection Authority (GCCIA) during Capacity Middle East.
Saudi telco stc Group has secured the tender for the SAR3 billion ($800 million) Silklink project from the Syrian government that involves the setting up of a 4,500 km fibre-optic network across the country, as well as establishing data centres and international subsea cable landing stations.
