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Middle East & North Africa

Saudi Arabia launches Tonomus, Neom’s tech arm with nearly $1bn in digital infrastructure projects

Saudi Arabia-based NEOM Tech & Digital Company, the first company to be established as a full-fledged subsidiary of NEOM, has launched as 'Tonomus’. Tonomus has been conceptualised to build the cognitive foundation and adopting solutions integral to the development of NEOM and its flagship initiatives, including THE LINE, OXAGON and TROJENA. Tonomus is launching wi...

September 27

Qatar’s Ooredoo mulls 20,000 telecoms towers assets sale

Qatari telecoms company Ooredoo Q.P.S.C. (QSE: ORDS) has confirmed its intention to sell up to 20,000 telecom towers assets. The potential carve out of its tower portfolio comprises real estate spread across the countries where it operates in the Gulf region and other markets including Iraq and Algeria. The company said in a statement: “This transaction will allow the ...

September 26

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