The ultimate tech festival gave its last farewells to innovations, firm representatives, and intrigued visitors. From day one till the end, the emergence of technology was a breath-catching voyage taking us to the depths of innovation while modernizing our visualization of what the future holds for us. Tech companies from all around the globe centered […]
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The fourth day of GITEX Tech Week 2021 was mixed with farewells and new trends; some companies left while others led training sessions. One of the most distinguished ones was presented by the AAPL collection. A private collection of Dubai-based vintage Apple products, from 1976 till the present, showcased the world’s biggest collection of rare […]
The third day of GITEX Tech Week 2021 was one full of announcements; many companies had waited until everyone was immersed into the action to get them fired up with their innovations and news. Ceremonies, statements, new releases, partnerships, and the like reciting exciting opportunities opened up in the world of tech. Be they local, […]
Airspeeder, a company that specializes in electric flying cars, took center stage on Etisalat’s booth, showcasing their aerodynamic flying EV, with many eyes focusing on the inventions made by the company. “These electric flying racing cars can go up to a 150km/h, we’re hoping to push that to 200km/h next year; these cars can race […]
Saudi Arabia’s sovereign wealth fund proposed a non-binding offer to acquire a 60 percent stake in Kuwaiti-backed Zain’s KSA towers with various investors offering to buy another 20 percent, leaving the telco’s assets with an $807 million valuation, according to Zain KSA. The Public Investment Fund (PIF) offered a whopping $484 million for 60 percent […]
Under U.S. pretense that the Chinese telecom vendor Huawei could expose the Gulf to national security threats, United Arab Emirates (UAE) telco firms are urged by U.S. Lockheed Martin’s F-35 jets and drones’ sales deal to push Huawei from its 5G infrastructure contracts. The UAE has always held a fierce stance concerning its strong mobile […]
Etisalat, Emirate’s biggest telecom firm saw a 2.4 percent increase in its stock market after agreeing to acquire another stake in Maroc Telecom Group for $505 million. After obtaining the Abu Dhabi Fund for Development’s 8.7 percent stake in the holding firm Etisalat Investment North Africa (EINA), the deal boosted Etisalat Group’s ownership in Maroc […]
Network provider and joint venture between two telecoms UAE’s du and Bahrain’s Batelco, Arc Solutions, announced on Tuesday that it has expanded its network to Bahrain in the digital business platform Global Zone. Global Zone — that is considered the region’s hub for data movement — is a carrier-neutral digital business platform based in Bahrain’s highly secure Tier III data center. It offers terrestrial and underwater cable […]
Morocco’s largest telecoms operator, Maroc telecoms reported a 5.8 percent decline in its revenues of $317 million for the initial half of 2021. Due to lower mobile usage, the Moroccan telecom provider experienced a 3 percent plunge in its revenues during the first two quarters of the current year. However, it wasn’t all doom and […]
Five network operators in the Middle East signed on Sunday a Memorandum of Understanding (MoU) to provide support and deployment of open RAN technology in their future infrastructure rollouts. Etisalat Group, Saudi Telecom Company (stc), Zain Group, Mobily – the Saudi operator part-owned by Etisalat- and du announced in a joint statement their aim to […]