Saudi Arabia's telecom infrastructure market is on the verge of one of its biggest potential deals. TAWAL, a company fully owned by Saudi Arabia's Public Investment Fund (PIF), is reportedly in talks to acquire over 10,000 telecom tower sites from Mobily. This deal could be worth several billion dollars, according to Semafor, which cited informed sources.
Tags
Related editorial
Uber Launches 'Mashwarha' Initiative to Boost Women's Economic Empowerment in Egypt
Uber is teaming up with Injaz Egypt for the first phase of its new 'Mashwarha' initiative. This program will offer comprehensive training to female driver-partners on the Uber platform, equipping them with practical skills to help them grow both personally and professionally. It's all about empowering women and fostering economic inclusion in Egypt!
Egyptian Engineering Talent Shines: Ain Shams University Team Makes History at UK Formula Student
The Ain Shams University engineering team recently made history at the UK Formula Student competition, becoming the first from Egypt and Africa to win the Formula AI category for autonomous vehicles. But their success didn't stop there! They also snagged impressive second-place finishes in the Simulation and System Design challenges, truly showcasing their comprehensive engineering skills and innovative spirit.
Ahmed Ameer (Asphalt & Sinbad) Explains Egypt's Shift to Smarter Line Haul Pricing
Egypt's inter-city logistics market is undergoing a significant transformation in how 'Line Haul' services are priced. Entrepreneur Ahmed Ameer explains that the industry is moving away from older methods like per-invoice or per-bag pricing towards a more modern 'per-shipment' model. This exciting shift makes logistics services much easier to measure and scale, ultimately boosting operational efficiency and helping businesses manage their costs more effectively.
Four Egyptian Companies Team Up to Build an Integrated Logistics Ecosystem
Get ready for a big step forward in Egypt's logistics! Four leading companies – Daman, Transporter, Sinbad, and Asphalt – are joining forces. This isn't just a simple partnership; they're building a complete ecosystem to seamlessly connect e-commerce, digital payments, logistics, and transportation, making things much smoother for businesses and customers alike.