Page 33 - SAMENA Trends - Oct-Nov 2023

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

down into categories including 22 million leap forward in our mission to fortify the Trend Micro. “This partnership heralds a
email threats, 5 million URL threats, 14 security landscape in the kingdom of new era of cybersecurity resilience, and
million malware threats, and upwards Saudi Arabia. By hosting advanced security we are committed to making this digital
of 190,000 Smart Home Network (SHN) solutions on Mobily's data center and transformation a secure and confident
events, among others. The data from the delivering tailored cloud security, we are journey for all our customers." This
report highlights the pressing need for a not only providing cutting-edge technology collaboration will enable both companies
robust cybersecurity framework to ensure but also empowering businesses with the to enter new markets and expand their
the sustained success of enterprises within essential tools they need to not only survive customer base, resulting in increased
Saudi Arabia in the face of evolving digital but thrive in the dynamic and challenging sales, broader market share, and notable
threats. "This partnership with Mobily is not digital age,” Dr. Moataz Bin Ali, Regional Vice business growth for both entities.
just a collaboration; it's a transformative President and Managing Director, MMEA,

Mobily Awarded ‘Best Middle Eastern Carrier’ at the Global Carrier Awards
2023

Mobily, the leading telecommunications
provider, announced that it has been
awarded ‘Best Middle East Carrier’ at this
year's Global Carrier Awards (GCAs). This
prestigious event took place alongside
the renowned Capacity Europe 2023.
Mobily's achievement reflects its ongoing
commitment to providing innovative digital
solutions in wholesale services on local,
regional, and international levels. The
award also highlights the effectiveness of
the company's strategies, which focus on
building numerous partnerships. These
collaborations aim to adapt Mobily’s
services and business model to meet the
ever-changing needs of its customers
and partners, driving forward the digital Mobily has recently launched the Digital stations, and an Internet exchange – the
transformation in the Kingdom. The GCAs Hub initiative, which aims to strengthen the globally neutral JED1 IX. This system
are a significant recognition in the wholesale Kingdom’s position as a premier regional not only boosts business agility but also
telecoms industry. The ceremony sees top center. This initiative encompasses a ensures data security and delivers a
global entities in communications and comprehensive system: submarine cables dependable communication experience, all
tech services compete for honors across bridging the world from east to west, in support of the digital infrastructure in the
various categories. It is worth noting that terrestrial networks, data centers, landing Kingdom.

Omantel Net Profit Jumps 28.7% in 9M 2023

Oman Telecommunications Company rose 8.2% to OMR458.1 million, primarily was 0.4% lower year-on-year, however,
(Omantel), the Sultanate’s incumbent driven by an increase in wholesale transit totaling OMR54.7 million, amid aggressive
telecoms operator, reported revenue of revenue, device revenue and mobile post- competition in both the mobile and
OMR2.19 billion (USD5.7 billion) for the paid services. Group EBITDA rose 5.7% fixed markets. Omantel’s total domestic
first nine months of 2023, an increase of from OMR738.4 million in 9M 2022 to subscription base was 3.363 million as
10.6% from OMR1.98 billion in the year-ago OMR780.3 million the following year, while of 30 September 2023 (or 3.972 million
period. Zain Group contributed revenue of group net profit jumped 28.7% year-on-year including mobile resellers), up 4.9% from
OMR1.75 billion, while domestic turnover to OMR251.0 million. Domestic net profit 3.207 million a year earlier.

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