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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

Batelco launches mobile peering service in MENA region

Batelco is the first in the MENA region to offer a Mobile Peering service.
  • The many benefits of this service include enhanced network efficiency and reduced latency by establishing direct connections between mobile providers
  • Exchanging mobile traffic directly with other mobile networks results in a better roaming experience for the mobile operators’ end users

Manama, Bahrain – Batelco, part of the Beyon Group, announces its latest service “Mobile Peering” for members of the platform. Batelco is the first in the MENA region to offer a Mobile Peering service, which is an open interconnecting solution, enabling mobile operators and Internet Packet Exchange (IPX) providers to securely exchange their global mobile roaming data.

The many benefits of this service include enhanced network efficiency and reduced latency by establishing direct connections between mobile providers. Exchanging mobile traffic directly with other mobile networks results in a better roaming experience for the mobile operators’ end users.

The mobile peering service eliminates the need to pay a third party to carry mobile data traffic, hence reducing overall costs, which can be passed on to the end-users, leading to more competitive mobile roaming data plans.