Board proposes a dividend of AED 0.40 per share for H2 2022, representing a total dividend of AED 0.80 per share for FY 2022.
Over the past five years, global averages for capacity pricing in video and data markets have fallen by approximately -20% and -67%, respectively.
IDC is expecting telecommunications services spending to increase 3.6% YoY in 2023 to reach $133.9bn, with IT spending set to grow 4.3% YoY to $99.9bn.
According to the report, business leaders have agreed the Internet of Things is critical to improving ESG outcomes (82%) and improving industry trust (81%).
According to the report, there will be over 60m 5G-based smart city connections globally by 2026.
Despite new unforeseen investment concerns, the global space economy reached $424bn in 2022, according to the report.
The government has set a new record for its spending on space defence due to investments in early warning systems and space security.
According to the report, 5G mobile subscriptions in the GCC are expected to reach 71m by the end of 2028.
According to the report, 83% of all satellites to be launched over 2022-2031 are expected to be part of NGSO constellations.