stc, the Kuwait Telecommunications Company, renowned for its digital leadership and innovative services, continues to champion the digital transformation journey in Kuwait by announcing the continuation of the first phase of its groundbreaking “InspireU” initiative. This entrepreneurial incubator and accelerator have been pivotal in supporting budding start-ups and small to medium-sized enterprises (SMEs).

Read more: stc Extends 'InspireU' Initiative to Nurture Kuwaiti Start-ups and SMEs

Al Rusayl Industrial City has entered into a Memorandum of Understanding (MoU) with Omantel, aiming to provide fiber optic networks and 5G services to every business that chooses to invest in the industrial city. The expected completion date for this project is the first quarter of 2024.

Read more: Omantel Offers Fiber, 5G Services in Al Rusayl Industrial City

Vodafone customers now have access to 4G and 5G services at two major West End Tube stations, Oxford Circus and Tottenham Court Road. This expansion allows commuters and travelers to stay connected using mobile data while navigating the London Underground.

Read more: Vodafone Launches 4G and 5G Services at Major West End Tube Stations

In a significant development, Omantel has announced the signing of a Memorandum of Understanding with Visit Oman, marking the establishment of a strategic alliance set to revolutionize digital innovation in Oman's tourism and technology sectors.

Read more: Omantel Forges Partnership to Further Digital Innovation in Tourism

Zain KSA signed a strategic partnership agreement with Pioneers Systems, the renowned Saudi company specializing in the design, development, manufacture and assembly of electronic circuits. This strategic agreement aims to develop Internet of Things (IoT) solutions and localize specialized products and expertise in this field to achieve sustainability of innovation in the communications and digital services sector in the Kingdom, aspiring to contribute to raising the sector’s local content percentage in line with Saudi Vision 2030’s goals.

Read more: Zain KSA Drives IoT Innovation in Saudi Arabia

stc Group announces that it has acquired a 9.9% stake in Telefónica, one of the largest telecommunications companies in the world, for a total consideration of SAR 8.5 billion (EUR 2.1 billion). Telefónica holds a significant presence in Spain, Germany, the UK and Brazil.

Read more: stc Group Acquires Sizable Stake in Telefónica

du, from Emirates Integrated Telecommunications Company (EITC), and GoDaddy, a US-based Internet domain registrar and web hosting company, have announced a collaboration that aims to empower entrepreneurs and Small and Medium-sized Enterprises (SMEs) by providing them with essential connectivity solutions and enabling their online presence.

Read more: du Arms SMEs With Digital Tools for Stronger Online Presence

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