The UAE’s second largest telco, Emirates Integrated Telecommunications Company (EITC) or “du” officially appointed on Tuesday Fahad Al Hassawi as its new CEO, the operator said in a statement to the Dubai Financial Market. Al Hassawi had already been the company’s chief executive since September 2020, replacing Johan Dennelind, who stepped down for undisclosed reasons. […]
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DubaiCoin, the digital currency intended to pay for a range of goods and services both in-store and online in the UAE, has been unveiled to be a scam, Dubai’s government said earlier last week. “DubaiCoin cryptocurrency was never approved by any official authority,” the government said on its Twitter account. “The website promoting the coin […]
The United Arab Emirates has always been known to have a hands-on approach when dealing with challenging situations, placing the safety of their citizens as their top priority, especially during the COVID-19 global pandemic. Under the helm of Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, the Emirate – with a population of approximately 9.9 […]
Ethiopia’s Finance Ministry announced on Monday that two bids have been made for two new telecoms operating licenses, as the country looks to liberalize its telecoms industry and economy. The two license bidders include South Africa’s MTN Group and a consortium of Kenya’s Safaricom, Vodafone, Vodacom, CDC Group (a UK development finance institution) and Japanese […]
Amsterdam-based telco VEON Ltd announced earlier this week its acquisition of a 15 percent minority stake in Pakistan Communications Limited (PMCL), which is the operating company of the country’s leading operator Jazz, from Dhabi Group for a sum of $273 million. The deal follows the Dhabi Group’s exercise of its put option announced on 28 […]
STC Kuwait and Virgin Mobile Middle East and Africa (VMMEA) announced on Sunday that they have received approval of a license as Kuwait’s first virtual network operator (MVNO) from the country’s Communication and Information Technology Regulatory Authority (CITRA). The announcement, made during a press conference attended by senior government and industry figures, will allow STC […]
Dubai’s airport, the world’s busiest for international travel, can already feel surreal, with its cavernous duty-free stores, artificial palm trees, gleaming terminals, water cascades and near-Arctic levels of air conditioning. Now, the key east-west transit hub is rolling out another addition from the realm of science fiction — an iris-scanner that verifies one’s identity and […]
India-based Sterlite Technologies Ltd. (STL), a large integrator of digital networks, announced recently new deals and extensions to current engagements with leading telcos in the Middle East and Africa region (MEA). The deals worth more than $100 million exhibit the company’s focus on building future-ready digital networks in the region. Since mid-2020, Tier 1 MEA […]
Dubai’s healthcare regulator announced earlier this week that it will be working on enhancing its MedTech capabilities, emphasizing AI-powered remote patient monitoring. The Dubai Health Authority (DHA) is currently collaborating with homegrown startup Enpy – which specializes in medical artificial intelligence (AI) – to use its AI-powered device for remote patient monitoring. According to the […]
Anghami announced on Wednesday its merger with Vista Media Acquisition to become first Arab technology company to list on the NASDAQ, according to statement from the company, a leading music streaming platform and service in the Middle East and North Africa. Vistas Media Acquisition Company Inc. is a publicly traded special purpose acquisition company led […]