Beehive to sell majority stake to Etisalat

Beehive to sell majority stake to Etisalat

Etisalat announced the agreement to acquire a majority stake in Beehive, MENA’s leading peer-to-peer digital platform, to tap into opportunities in the Small and Medium Enterprise (SME) lending market. Beehive, founded in 2014, leads the crowdfunding platform space in the UAE, with operations in KSA and Oman. It connects creditworthy SMEs seeking finance with private…

Etisalat announces first 5G SatComs in the UAE

Etisalat announces first 5G SatComs in the UAE

Etisalat has announced implementing the EUTELSAT QUANTUM satellite solution, becoming the first telco in the country to expand 5G network capabilities over a  software-defined satellite giving customers access to high speeds, enhanced coverage and scalability to meet future demands for high bandwidth applications. This deployment resulted from rigorous testing with customers for over a year to…