Tech Gulf investors help finance growth of Turkish data centres Turkey’s data centre sector is riding a wave of new investment that is likely to support expansion in the country’s digital economy, with much of the funding coming from the Arabian Gulf. Last month, Turkish e-commerce platform Trendyol announced it was partnering with the UAE’s Castle Investments, headed by Gulf Data Hub founder Tarek Al […] June 10, 2025
Telecoms Gulf companies compete for Syrian fibre optic project Syria’s government is in talks with regional telecoms companies Zain, Etisalat, STC and Ooredoo for a $300 million project to develop the country’s fibre optic communications network, two Syrian officials have said. The talks with the Gulf Arab companies are part of growing global investor interest in Syria’s economy following US President Donald Trump’s announcement […] June 5, 2025
Telecoms Starlink to begin operating in Lebanon Satellite internet provider Starlink, owned by US billionaire Elon Musk, has secured initial approval from Lebanon to start operating in the country. The agreement comes just a few months before the crisis-battered nation signs a landmark rescue agreement with the International Monetary Fund (IMF). Lebanese media reported on Monday that economy and trade minister Amer […] June 3, 2025
Video length: 04:09 VIDEO Telecoms Veon boss reveals why the telco swapped Europe for Dubai Telecom and digital services company Veon delisted from the Amsterdam stock market last year and moved its operations to Dubai, becoming the largest Nasdaq-listed company with headquarters in the UAE. AGBI spoke to the company’s CEO, Kaan Terzioglu, about its plans to dual-list in Dubai within the next three to five years. “I am bullish […] June 2, 2025
Telecoms Elon Musk’s Starlink in talks to enter Iraqi market Starlink, a US satellite internet provider owned by billionaire Elon Musk, has sent a team to Baghdad to discuss pushing into the Iraqi market, a market of 47 million people. Prime Minister Mohammed Al-Sudani met the team in Baghdad on Wednesday and the talks focused on potential services related to digital transformation and improving Iraq’s […] May 29, 2025
Telecoms Turkcell secures $150m loan from Dubai Islamic Bank Turkey’s mobile operator Turkcell has secured its second loan from a UAE bank in a week. Dubai Islamic Bank will provide $150 million financing to fund digital infrastructure. The five-year Islamic facility will allow Turkcell to advance critical infrastructure such as data centres, cloud technologies and renewable energy, the lender said in a statement. Last […] May 28, 2025
