Middle East > Communication
Communication / ICT in Middle East
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Kuwaiti telecoms industry on cusp of service expansion
KUWAIT, 2017/07/15 The telecoms sector in Kuwait has maintained steady increase in recent months, with profits rising on the back of robust request for mobile broadband and data services. In June National Bank of Kuwait (NBK) reported that profits from the telecoms sector hit KD60.8m ($200.4m) in the initial quarter of the year, representing increase of 5.8% year-on-time(y-o-y) and 13% of the total profits of exchange-listed companies, according to Boursa Kuwait figures. In addition, annual net profits for listed telecoms firms rose 9% last time– equivalent to 16% of total profits – reaching KD238m ($784.5m). -
Israeli co develops robots to ease loneliness
ISRAEL, 2017/07/14 -
Pelephone CEO: Mobile revolution just beginning
ISRAEL, 2017/07/14 "It is customary in Israel to say refer to the cellular revolution as something in the completed, but that's not right. This revolution is still taking place. There's a tsunami of innovation, increase, and great consumption of data. The request for cellular products is inexhaustible. Everyone wants additional availability, additional data, and additional uses, and as operators, we have to provide them," Pelephone Communications Ltd. CEO Ran Guron said today at the "Globes" Marketing, Advertising, Digital (MAD) Conference. "It appears to us that this revolution has bogged down, but it's only beginning. An average cellular user today uses four gigabytes a month. Heavy users use 10 gigabytes, and it's going to increase. In a year, a heavy user will consume 30 gigabytes. This is enormous increase, because we all want additional Google, Facebook, video, and uses. -
Telecom News in Brief 25 May 2017
WORLD, 2017/05/28 Africa: European access - Econet World subsidiary Liquid Telecom said on 15 May that it had established a point of presence (PoP) at Interxion's data centre in Marseille, its initial foothold in mainland Europe. The PoP will reduce roundtrip delays from Africa by up to 20 milliseconds. Interxion's MRS1 data centre in Marseilles is a major connectivity hub for Europe since it opened in 2014. It offers direct access to 13 major international submarine cables, inclunding SEACOM, I-ME-WE and SEA-ME-WE4, providing Liquid Telecom with onwards connectivity to its World PoPs in London, Mombasa and Fujairah. MRS1 provides direct access to the France-IX, NL-ix and DE-CIX Internet exchanges, providing new peering opportunities for Liquid Telecom. -
Oman’s business environment gets major boost from e-services
OMAN, 2017/04/16 Last year saw a surge in activity on Oman’s Invest Easy portal – a one-stop shop for investment and business procedures – with the authorities as well rolling out key reforms aimed at attracting investors. According to the new figures from the Ministry of Commerce and Industry (MoCI), additional than 193,000 commercial transactions were carried out through the online service in 2016 – a 448.6% increase on 2015. -
ICT in Saudi Arabia draws private sector interest
SAUDI ARABIA, 2017/04/15 Several international players have recently committed to enhancing their engagement with Saudi Arabia’s ICT sector. Internal support -
The company showcases both Israel’s chip-making power and its communications acumen
CHINA, 2016/11/02 atellite communications startup SatixFy is celebrating this morning following the announcement Tuesday that they had raised a $25 million Series B investment led by the Israeli-Chinese venture, Catalyst CEL Fund. SatixFy sells indoor and outdoor VSAT units (“Very Small Aperture Terminal” that links a computer with a transceiver), plus designs its own chips that are capable of supporting IoT networks. They recently opened a new research center in the UK next receiving a grant from the UK Space Agency via ESA. -
Azerbaijan to introduce single database of produced goods
AZERBAIJAN, 2016/09/23 Azerbaijan, which has set a goal to form economic increase through the non-oil sector, is continuing to take measures aimed at protecting and promoting local entrepreneurship. The recent decree of President Ilham Aliyev on the creation of a single database of goods produced in Azerbaijan is as well considered to be a certain step toward the further development of entrepreneurship in the country. The database will contain thorough data about domestically produced goods and their manufacturers, inclunding legal address, contact, production opportunities, and partners. -
Orange eyes stake in Iranian telecom titan
IRAN, 2016/09/12 French telecom giant Orange SA is in early talks about buying into Iran's biggest cellular network operator, the Wall Street Journal reported on Wednesday. Such a transaction could make history as the initial time a Western firm has acquired a significant holding in a major Iranian company since Tehran agreed to curb its nuclear program last year in exchange for the lifting of international sanctions. Orange, which is part owned by the French government, is one of several European companies that have explored the potential of getting a stake in Mobile Telecommunication Co. of Iran, or MCI, the Journal said, citing people close to the matter. Orange would need to coax financing for a transaction out of Western Banks likely to be wary of tripping over US sanctions. -
Etisalat net profits jump 51% in Q2
UNITED ARAB EMIRATES, 2016/08/30 UAE telecoms giant Etisalat announced Wednesday net profits of $625 million in the second quarter of 2016, a 51-% jump on the same period of last year. Net profit in April-June next royalty reached 2.3 billion dirhams ($625 million), Etisalat said, while revenues increased two % to 13.3 billion dirhams ($3.61 billion).
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