e& Group’s Q2 profit jumps 3.8% to $681m

e& Group’s Q2 profit jumps 3.8% to $681m on subscriber growth

The group has a record subscriber base of 165 million users as of June 30, the highest in the company’s history

Airalo secures $60m in Series B funding round led by e& Capital

Airalo raises $60m in Series B fundraising round led by e& Capital

The company is leveraging cutting-edge technology and a user-centric approach to empower travellers with seamless access to mobile networks

e& c

Abu Dhabi’s e& enterprise concludes majority stake acquisition in Beehive

The telecom company announced it was acquiring 63.3 per cent of the peer-to-peer lending platform in May

Nokia Moon Mission

An inside look at Nokia’s moon mission

For the first time, Nokia is digging into the details of its lunar mission and explaining its reasons for voyaging to the Moon

HONOR pad XR image Honor

UAE: Honor 90 5G, Pad X9 now available, free gifts on offer

From July 17 to October 31, Honor 90 Series users can get a range of exclusive gifts from Honor Game Center, Themes and Game Manager

ETIC reports Q2 2023 results Image: Du EITC

UAE telco du sees Q2 net profit rise 31.2%

On the basis of the Q2 2023 results, the company’s board of directors has approved the distribution of an interim half year cash dividend of Dhs0.13 per share

Ooredoo mulls tower assets merger with Zain and TASC

Qatar’s Ooredoo, Zain, TASC in talks to merge tower assets

The three entities are proceeding with negotiations with the aim to sign definitive agreements in Q3 2023

Apple

Apple eyes historic $3tn valuation amid big tech surge

The iPhone maker was on the cusp of making history on Friday, rising as much as 0.6 per cent to $190.80 in premarket trading

Ericsson Ooredoo

Ericsson, Ooredoo extend partnership to advance 5G connectivity in Qatar

As part of the five-year contract, Ericsson will also provide support and maintenance services

Huawei nova 11 pro

Review: Stepping up the game with Huawei nova 11 Pro

With features such fast charging and robust privacy and security measures, it’s a device that caters to the needs of the modern smartphone user

sustainable broadband

UAE consumers prioritise sustainable broadband, 92% open to paying more

The Cisco Broadband Survey highlights the growing environmental awareness among UAE consumers

WhatsApp Channels Image credit whatsapp

WhatsApp introduces Channels, here’s how it will help

To help you select channels to follow, WhatsApp is building a searchable directory where you can find your hobbies, sports teams, updates from local officials and more

Appled developes Open AI, Ajax

Top highlights from Apple’s annual Worldwide Developers Conference

The annual event is a showcase for Apple’s latest software — and an attempt to keep both its developers and customers locked in to its product ecosystem

iOS 17

Watch the launch of Apple’s iOS 17 and other exciting reveals at WWDC 2023

Taking place at the company’s campus in Cupertino, California, the event is scheduled to start today at 9:00 pm GST

iPhone

Apple’s iPhone maker expects to more than double AI server sales

Hon Hai, the listed vehicle of Foxconn Technology Group posted $35.8bn of revenue from its overall server business in 2022

Honor

Ahead of the game: Honor’s quest to become the preferred choice in the Middle East

The GCC has witnessed huge commitment from the global technology brand to drive innovation, aiming to create a smarter and more inclusive future for all

Magic5 Pro

Honor unveils Magic5 Pro, Magic Vs flagship smartphones in the UAE

The Magic series will be available for pre-order starting May 25 until June 1

Broadcom

Apple signs multibillion-dollar deal with Broadcom for 5G components

The components will be designed and built in several US manufacturing hubs including Fort Collins, Colorado, where Broadcom has a major facility

Apple and Samsung

Apple, Samsung looking to expand in India, minister says

The South Asian nation is seeking to expand its early success in smartphones to other product categories

Vodafone

Vodafone to slash 11,000 jobs in new CEO’s turnaround plan

Margherita Della Valle said she would reallocate resources to focus on quality service that customers expect and grow the Vodafone Business unit

Zain HQ Building 2021

Zain Group creates global wholesale services JV with Omantel

The venture will manage all international wholesale requirements of Zain and Omantel operations in eight countries

Telecom Egypt sells shares

Telecom Egypt offers over 162 million shares up for sale

The second offering, dedicated to staffers of Telecom Egypt, started on Sunday and will go on until May 25

Oppo Find N2 Flip

OPPO unveils Find N2 Flip smartphone

The Find N2 Flip will be among the first smartphones in the world to receive the new Google Android 14 Beta 1 update

Pixel Fold

Google enters foldable market with Pixel Fold

The move into the pricier foldables category marks a strategy shift for Google, which has so far focused on undercutting the cost of competitor’s devices

Huawei

Huawei launches line-up of flagship devices in the UAE

With pre-orders starting May 10, the devices are available from Huawei’s e-shop, Huawei Experience Stores and across select retailers in the country

Yahsat Ali Al Hashemi

Yahsat reports record Q1 2023 revenue to the tune of Dhs369m

Yahsat’s net income and earnings before interest, taxes, depreciation and amortisation both grew by 35 per cent and 4 per cent respectively year-on-year

Qualcomm

Qualcomm forecast indicates smartphone slump will drag on

Revenue will be $8.1bn to $8.9bn in the fiscal third quarter, Qualcomm said, falling well short of the $9.25bn average analyst estimate

Beehive

UAE’s e& enterprise to acquire majority stake in Beehive

Beehive leads the crowdfunding platform space in the UAE, with operations in Saudi Arabia and Oman

Image e& Group

UAE’s e& reports consolidated revenue of Dhs13bn in Q1 2023

In the UAE, etisalat by e& recorded 13.9 million subscribers an increase of 6 per cent compared to the same period last year

Samsung

Samsung posts record chip losses

Korea’s largest company reported net income of KWR1.4tn and its semiconductor division posted a loss of KWR4.58tn