Emirates Integrated Telecommunications Company P.J.S.C, commercially rebranded as du, has reported a 54.2% net profit spike in the first half of 2024 (H1 2024), bringing its total net profit to AED 1.184 billion, compared to AED 768 in H1 2023. Meanwhile, the company's revenue grew 5.7%, reaching AED 7.174 billion, compared to AED 6.787 billion in H1 2023.

Read more: du Records 54.2% Net Profit Rise in H1 2024, Eyes Long-Term Growth

Zain KSA has announced its financial results for the first half of 2024, recording revenues of SAR 5 billion, a 6% increase compared to the same period in 2023. The company also reported a net profit of SAR 172 million, compared to SAR 108 million, a 60% growth over the same period in 2023, excluding the tower infrastructure sale transaction worth SAR 1.1 billion.

Read more: Zain KSA’s H1 2024 Results: SAR 5 Billion Revenue, 60% Net Profit Growth

Ericsson will deploy its cutting-edge artificial intelligence and machine learning (AI/ML) solutions to significantly reduce energy consumption across Umniah’s network operations in Jordan. This marks a significant advancement in the telecom industry’s efforts towards environmental sustainability.

Read more: Umniah Reduces Environmental Footprint with Ericsson’s AI/ML Solutions

With 2023 being an exceptional year, Vodafone Qatar reported its half-yearly net profit of QAR 293 million, representing an increase of 12.8% year-on-year, mainly driven by higher EBITDA. The company’s Q1 results have previously shown positive improvements across all key indicators.

Read more: Vodafone Qatar Reports 12.8% Increase in H1 2024

Zain KSA, a leading telecom and digital services provider, has launched its new digital authentication services in Saudi Arabia through a strategic partnership with the Sadq platform. This initiative contributes to enhancing the digital transformation landscape and bolstering sustainability in the Kingdom’s business sector.

Read more: Zain KSA Launches Innovative Digital Authentication Services

As part of its corporate sustainability strategy and commitment to environmental preservation in Saudi Arabia, Zain KSA has signed a strategic partnership with non-profit organization, Ertiqa, to roll out the second phase of its e-waste management and recycling campaign.

Read more: Zain KSA, Ertiqa Reinforce E-Waste Recycling Campaign

Ooredoo Oman’s 23rd Springboard program has successfully trained over 200 Omani women, strengthening and empowering them to leverage their talent and skills to achieve their aspirations and become future business owners.

Read more: Ooredoo Oman Trains 200 Omani Women with Award-Winning Springboard Program

stc Group has reported strong financial results for the first half of 2024. Commenting on the results, Eng. Olayan bin Mohammed Alwetaid, stc Group’s CEO, commended the efforts made by the Group through its various sectors and subsidiaries in strengthening the Group’s position in a competitive market, which were achieved due to the Group's commitment to its "Dare 2.0" strategy.

Read more: stc Group's H1 2024 Financial Highlights and Strategic Advances

du, commercially rebranded from Emirates Integrated Telecommunications Company (EITC) has announced the launch of Future X, an innovative graduate trainee program for UAE nationals to nurture and convert fresh talent into outstanding professionals.

Read more: du Equips Digital Innovation Leaders Through Future X Graduate Program

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