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TELECOM

Ooredoo and Huawei discuss 5G, IoT and AI

April 23, 2018

Ooredoo and Huawei discuss 5G, IoT and AI

Ooredoo Kuwait attended a special series of presentations organized by strategic partner Huawei. The “Ooredoo Huawei Mobile Kuwait Congress 2018” held at Huawei’s Head Office in Kuwait last week, was attended by Ooredoo’s Technology and Strategy Departments, and included in-depth discussions and live demonstrations on the latest industry trends and innovative technologies.

... Continue Reading

ITU chief thanks Kuwait for increasing contribution

April 21, 2018

ITU chief thanks Kuwait for increasing contribution

The International Telecommunication Union (ITU) General Director, Zhao Houlin, has expressed admiration for Kuwait's substantial increase of financial contribution to the union.
Addressing the ITU board session, on Friday, Zhao expressed gratitude to Chairman of Kuwait's Communications and Information Technology Regulatory Authority (CITRA) Salem Al-Uthaina for his role in increasing the Kuwaiti"... Continue Reading

GSMA Launches Global Mobile Money Certification Scheme

April 12, 2018

GSMA Launches Global Mobile Money Certification Scheme

(AETOS Wire)-- At the Mobile 360 – West Africa event, the GSMA announced the launch of the GSMA Mobile Money Certification, a global scheme for mobile money providers to offer safer, more transparent and more resilient financial services to millions of mobile money users around the world. The certification relies on an independent assessment of a mobile money"... Continue Reading

Mobile Ecosystem to Be Worth More Than $50 Billion to West Africa Economy by 2022, Finds New GSMA Study

April 11, 2018

Mobile Ecosystem to Be Worth More Than $50 Billion to West Africa Economy by 2022, Finds New GSMA Study

(AETOS Wire)-- The mobile industry in West Africa is forecast to contribute more than $50 billion annually to the region’s economy by 2022, according to a new GSMA study published today at the ‘Mobile 360 – West Africa’ event being held in Abidjan, Côte d’Ivoire. The new report, The Mobile Economy: West Africa 2018, calculates that"... Continue Reading

Zain Group to distribute $0.11 per share to shareholders for 2017

April 10, 2018

Zain Group to distribute $0.11 per share to shareholders for 2017

Zain Group's shareholders have approved the distribution of 35 fils per share ($0.11) for the financial year ended 31 Dec 2017 to shareholders registered on the company records as of 11 April 2018. This entitlement date reflects an additional 10 working day period after the holding of the AGM as per new Boursa Kuwait regulations.

"... Continue Reading

Viva Kuwait launches Huawei P Smart Device with KWD 10 Plan

April 5, 2018

Viva Kuwait launches Huawei P Smart Device with KWD 10 Plan

Viva Kuwait has launched the new Huawei P Smart device with postpaid plans starting from KWD 10, which give customers KWD 8 of credit for voice calls, 10 GB of internet and 100 local and international SMS. The Huawei P Smart has a 5.65-inch LCD display with a resolution of 1080 x 2160, or an aspect ratio of 18:9.

It has a dual"... Continue Reading

Huawei’s net profits jump 28% to $7.3 billion; revenue $92.5 billion

April 5, 2018

Huawei’s net profits jump 28% to $7.3 billion; revenue $92.5 billion

Huawei released its audited financial results for 2017, reporting solid business growth. The company’s total annual revenue was CNY603.6 billion ($92.5 billion based on year-end exchange rates), an increase of 15.7 percent over 2016. Net profits were CNY47.5 billion ($7.3 billion), an increase of 28.1 percent year-on-year.
In Huawei’s consumer business, the Huawei and Honor brands ran full"... Continue Reading

VIVA and Careem Sign Strategic Partnership with Exclusive Offers

April 4, 2018

VIVA and Careem Sign Strategic Partnership with Exclusive Offers

VIVA, Kuwait's fastest-growing and most developed telecom operator, and Careem the region’s leading ride-hailing company and only Middle East tech unicorn, signed a strategic partnership agreement that offers exclusive discounts and promotions to VIVA customers in Kuwait, allowing them to use the ride hailing app at preferential"... Continue Reading

Zain Group in Sudanese currency swap talks with Kuwait government

April 3, 2018

Zain Group in Sudanese currency swap talks with Kuwait government

Kuwait-based telecom operator Zain Group is in talks with the government of Kuwait to swap Sudanese pounds for hard currency, its chief executive said on Wednesday.

Remitting cash from Sudan can be difficult due to a shortage of hard currency in the country, where the pound has plummeted to record lows on the black market this"... Continue Reading

Zain holds AGM, OKs cash dividend of 35 fils – Two new members elected to Board of Directors; Al Tahous, Chairman and Al-Kharafi as Vice-Chairman and Group CEO

March 31, 2018

Zain holds AGM, OKs cash dividend of 35 fils – Two new members elected to Board of Directors; Al Tahous, Chairman and Al-Kharafi as Vice-Chairman and Group CEO

Zain Group, the leading mobile telecom innovator in eight markets across the Middle East and Africa announces the holding of its Annual General Assembly (AGM) at the company’s headquarters in Shuwaikh, Kuwait today.

After satisfying the legal quorum requirements with 74.97%, the shareholders approved the distribution of 35"... Continue Reading

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