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SAMENA Daily - Industry News Briefing

Industry News Briefing
April 11, 2023

Featured Member News

e&’s AGM approves a dividend per share for H2 2022 of AED 0.4, representing a total dividend of AED 0.8 per share for FY2022

e& announced that its shareholders have approved the Board of Directors' recommendation to distribute cash dividends for the second half of 2022 at a value of AED 0.4 per share during the Group's Annual General Meeting (AGM). The total annual dividend per share stands at AED 0.8, demonstrating the Group's commitment to delivering value to its shareholders...

Member News

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stc group provides advanced digital technologies in response to the increase in demand on its network in AlMadina Al Monawara

stc Group, the digital enabler in the region, expanded its network cap/abilities by 18% in Madina to meet the growing demand and keep pace with the rising visitor numbers and pilgrims during the peak of Umrah season in the...

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Largest dental product distributor in France harmonizes communications solutions with Avaya Cloud Office® by RingCentral

Avaya, a global leader in solutions to enhance and simplify communications and collaboration announced Stemmer Distribution, the largest distributor of dental products in France, has successfully harmonized and modernized...

Recent Developments

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e& to acquire a majority stake in Careem Super App

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stc Bahrain announces the "Ana Laha" program, in collaboration with the Ministry of Information and Omar Farouk

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Huawei Cloud announces a startup program to empower regional SMEs to go digital

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center3 signed a strategic deal with Huawei to build Huawei cloud region in Saudi Arabia

Policy and Regulation

•	First-ever robot press conference scheduled for ITU's AI for Good Global Summit Over 40 specialized robots demonstrating capabilities ranging from fighting fires and building houses to providing healthcare and farming sustainably will also be on display during the full event running from 6 to 7 July...

•	OFCA and telecommunications industry join hands in launching new measure to combat fraudulent calls The Office of the Communications Authority (OFCA) has announced that in order to raise public awareness of suspicious calls originating from outside Hong Kong...

Middle East

•	G42 teams up with Microsoft to explore acceleration of UAE's digital transformation G42 and Microsoft announced their intention to collaborate on the development of public sector and industry focused solutions that leverage Microsoft's partner ecosystem and cloud capabilities...

•	Forbes Middle East unveils the region’s top Fintech companies The list was curated considering the amount of money executed through digital channels in 2022, the number of app downloads and active users, geographical presence, annual growth, innovation, impact, valuation, and funding...

•	Beyon Cyber wins best Cybersecurity Startup award The Cybersecurity Excellence Awards recognise and honour the world’s best cybersecurity organisations that demonstrate excellence, innovation, and leadership in the information security industry...

South Asia

•	Google introduces new requirements for digital lending apps in Pakistan Personal loan apps targeting users in Pakistan are now required to submit country-specific licensing documentation to prove their ability to provide or facilitate personal loans...

•	Dialog Axiata launches DeafTawk paving the way for greater inclusivity Bringing deaf and hearing-impaired persons closer to their communities, Dialog Axiata PLC announced the launch of a trilingual version of the internationally renowned sign language interpretation app ‘DeafTawk’...

Content & Immersive Technologies

•	Smart TVs pass 200 million milestone Confirming smart TVs’ growth in presence and in use, the fifth annual wave of Hub Entertainment Research’s Connected Home study has revealed that American homes now own an estimated 204 million smart TV sets...

•	Metaverse startup Deemos launches ChatAvatar powered by generative AI Deemos Technologies has recently launched ChatAvatar, a text-to-3D digital character creation tool powered by generative AI amid the hype surrounding this emerging technology...

North Africa

•	Egypt's GAFI to launch digital platform for establishing companies next July GAFI will launch a digital platform for establishing companies on 1 July, by which investors will be able to establish their companies electronically in minutes...

3G, 4G and 5G Networks

•	UK aims for full 5G standalone coverage by 2030 UK is aiming to deliver full 5G standalone coverage to all populated areas by 2030 and has unveiled a fund for 5G innovation to encourage “growth at a local level”...

•	RACSA to deploy private 5G networks for businesses this year Costa Rica’s state utility/telecoms firm Grupo ICE has announced that its Radiografica Costarricense unit will deploy private business networks based on 5G technology before the end of this year...

Satellite & Internet

•	KOREASAT 6A to embark a satellite-based augmentation system payload KASS is expected to improve the GPS position error to 1.0-1.6 metre from the current 15-33 metre level in real time to ensure positioning reliability throughout the country...

•	Lumos plans 655-mile FTTP expansion in New Hanover County and Wilmington, NC Fiber broadband services provider Lumos has revealed plans to expand its fiber to the premises (FTTP) footprint in North Carolina...

Global Telecom Update

•	Worldwide IT spend to grow 5.5 percent to US$4.6 trillion in 2023: Gartner Worldwide IT spending is projected to total $4.6 trillion in 2023, an increase of 5.5% from 2022, while in the Middle East and North Africa (Mena), IT spending is estimated to rise 2% to $175.5 billion, up from $171.9...

•	Docomo agrees patent deal with Samsung NTT Docomo forged a standard-essential patents deal with Samsung Electronics, which will pay the Japan-based operator a licensing fee for its IP portfolio which covers 5G technology...

•	Telefónica and Atento renew their Global Alliance until the end of 2025 Further solidifying the alliance, the two companies have extended their reciprocity agreement whereby Telefónica will continue to be the preferred provider of telecommunications services for Atento globally...

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