
Qatar and UAE top Ookla® Speedtest Intelligence® data study with 370 Mbps+ 5G roaming speeds - Middle East Business News and Information
The Gulf region's strategic focus on tourism empowers mobile operators to leverage 5G roaming as a key revenue driver.
UAE,, February 2025: A study based on Speedtest Intelligence® data by Ookla®, a global leader in connectivity intelligence, has revealed that Gulf nations offer some of the best 5G roaming speeds globally, facilitating an enhanced digital experience for visitors. The study assessed the mobile user experience of inbound roamers visiting Gulf countries, including Kuwait, Qatar, Saudi Arabia, and the UAE, in 2024 and compared it with their home network experiences.
Karim Yaici, Lead Industry Analyst for the Middle East and Africa at Ookla, said: 'Mobile connectivity is a critical factor shaping one's travel experience by enabling visitors to stay connected with their family and friends, use essential navigation features, locate tourist attractions, access restaurant reviews, and share their experiences on social media. By leveraging 5G technology's capabilities when roaming, users can access high-speed internet, stream HD videos, and perform lag-free video calls.'
Yaici further stated: 'At Ookla, we are committed to analysing, understanding, and improving connected experiences, in line with our vision to create a world with better connectivity. We also uphold the principles of neutrality and independence in all our analyses.'
The research revealed that many travellers visiting Qatar, the UAE, and Kuwait enjoyed top speeds on 5G networks, with median download speeds over 5G reaching 381.05 Mbps in Qatar, 374.60 Mbps in the UAE, and 240.37 Mbps in Kuwait. It also revealed that visitors to the Middle East from Austria, Saudi Arabia, and Hong Kong were most likely to use 5G while roaming. On the other hand, travellers from Pakistan, India, and Egypt were identified as being least likely to use 5G while roaming.
In the UAE, over 37 percent of roaming users anonymously identified by Speedtest were visitors from India, Saudi Arabia, Austria, Russia, and Hong Kong. However, their network experiences varied significantly, with Saudi Arabian and Russian travellers experiencing the fastest download speeds across all technologies and over 5G. Russian tourists experienced more than a threefold increase in median download speeds compared to their home networks. On the other hand, travellers from Austria, India, and Hong Kong experienced comparatively lower performances in the UAE. Saudi visitors to Kuwait experienced a high 5G roaming speed of 240.37 Mbps, but their 'all technologies' speeds were around 40 percent lower than 5G.
As the Gulf Cooperation Council (GCC) rapidly evolves into a global tourism and business hub, the demand for seamless high-speed connectivity is also increasing. This is further bolstered by the fact that the Travel & Tourism market in GCC is poised to sustain its ongoing expansion in coming years, generating USD 9.57 billion in revenue in 2029, growing from an estimated USD 8.32 billion in 2025 at an annual growth rate of 3.56 percent.
This growth will be driven by the region's ongoing infrastructure investment, world-class amenities, and the availability of simplified visa policies streamlining the tourist entry process. Such a strategic focus on tourism empowers regional mobile operators to leverage 5G roaming as a key revenue driver. In this context, Ookla's analysis empowers mobile service providers and other businesses to optimise their networks and enhance the lives of individuals who rely on these networks daily.
ABOUT OOKLA®
Ookla® is a global leader in connectivity intelligence that provides consumers, businesses, and other organizations with data-driven insights to improve networks and connected experiences. We help our clients efficiently solve their biggest connectivity challenges and drive forward innovation.
Ookla is a division of Ziff Davis (NASDAQ: ZD), a vertically focused digital media and internet company whose portfolio includes leading brands in technology, entertainment, shopping, health, cybersecurity, and martech. Ookla's world-renowned brands include Speedtest®, Downdetector®, Ekahau®, RootMetrics®, and more.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


See - Sada Elbalad
a day ago
- See - Sada Elbalad
Russia's Oil Revenues at Two-year Low
Taarek Refaat Russia's revenues from oil fell last month to their lowest level since June 2023 amid the global oil price slump. Oil-related tax revenues fell 32% year-on-year last month to 430.4 billion rubles ($5.5 billion), according to Bloomberg estimates based on data released by the Finance Ministry on Wednesday. Total oil and gas revenues amounted to 512.7 billion rubles, a decline of more than 35%. Crude prices fell as US President Donald Trump's tariff policy threatened to slow the global economy, while the OPEC+ alliance accelerated production increases in an already oversupplied market. The alliance's decision to increase production, led primarily by Saudi Arabia, drew opposition from a group led by Russia at a meeting over the weekend. Oil and gas are the backbone of Russian state finances, accounting for about a third of tax revenue. Amid the decline in oil prices, the government revised its budget forecast and tripled its fiscal deficit target. Oil revenues fell by more than half in May compared to the previous month, according to Bloomberg estimates. This reflects the fact that one of Russia's main oil taxes—which is levied on profits—is paid four times a year: in March, April, July, and October. The Finance Ministry estimated oil taxes based on an average price of Urals crude at $54.76 per barrel in April, a drop of more than a quarter compared to the same period last year. The price remained below the $60 per barrel ceiling imposed by the Group of Seven nations to squeeze Russia's revenues for the second consecutive month, according to historical data. The rouble's strength has also impacted the price of crude oil in Russia. The rouble's strength has also contributed to lower revenues from the oil sector, with the currency rising 10% during the tax period compared to the same period last year, to 83.317 rubles to the dollar. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream


Tahya Masr
2 days ago
- Tahya Masr
Nasdaq Dubai Welcomes Mashreq's USD 500 Million Sukuk Listing
Nasdaq Dubai welcomed Mashreq's (''Mashreq'' or ''the Bank'') debut listing on the exchange with the admission of a USD 500 million Sukuk issued by Mashreq Al Islami Sukuk Company Ltd . The Trust Certificates, due in 2030, were issued under Mashreq's USD 2.5 billion Trust Certificate Issuance Programme and are being admitted as a secondary listing following strong demand in the primary market. This marks an important milestone for Mashreq as it expands its access to international capital markets and strengthens its presence in the Islamic finance space. It also reflects Nasdaq Dubai's continued role in connecting regional issuers with a global investor base through a well-regulated and diversified platform. Senior officials from Mashreq, including Ahmed Abdelaal, Group Chief Executive Officer; Joel Van Dusen, Group Head of Corporate & Investment Banking; and Salman Hadi, Group Head of Treasury & Global Markets, attended the market opening ceremony at Nasdaq Dubai to celebrate the listing. The bell was rung by Ahmed Abdelaal in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM). Abdul Aziz Al Ghurair, Chairman of Mashreq, commented: "This Sukuk listing marks an important step in Mashreq's commitment to strengthening the global Islamic finance landscape. It is a clear demonstration of Mashreq's long-term commitment to Islamic finance, the deepening of cross-border capital flows, and the UAE's continued emergence as a global nexus for ethical and Sharia-compliant financing. Through this programme, we are proud to reinforce investor trust and contribute meaningfully to the maturing of Islamic capital markets . Ahmed Abdelaal, Group Chief Executive Officer, Mashreq said: 'Our debut listing on Nasdaq Dubai marks a new chapter in Mashreq's capital markets journey. This Sukuk issuance not only attracted strong investor interest, but also affirms our disciplined approach to funding, even in a complex macro environment. As we continue to diversify our capital structure through Sharia-compliant channels, we remain committed to delivering strong fundamentals, market transparency, and sustainable value for all stakeholders. Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), said: 'This listing reflects Mashreq's growing ambitions in the Islamic finance sector and underscores our role as a leading marketplace that connects regional issuers with global investors. As Dubai continues to strengthen its capital markets infrastructure, we remain committed to providing an efficient and transparent platform that supports diverse financing needs and promotes sustainable growth across the financial ecosystem. This landmark Sukuk issuance marked Mashreq's successful return to the international debt capital markets. It was also the first public issuance from the CEEMEA region since the announcement of U.S. tariffs in April 2025, which had triggered heightened volatility across global markets. The success of this transaction renewed market participants' confidence, and was followed by a string of issuances, thereby helping to reopen the market for regional issuers. The transaction attracted significant investor interest, resulting in an orderbook of USD 2.9 billion, nearly six times oversubscribed. The final pricing was tightened to UST +105 basis points with a fixed profit rate of 5.03% per annum, reflecting the strength and quality of the orderbook and strong investor confidence in Mashreq's credit fundamentals. With broad participation from over 90 global investors across the Middle East, Europe and Asia, the issuance reaffirms Mashreq's leadership in Islamic finance and reinforces Dubai's growing stature as a global hub for Sharia-compliant capital markets. With this listing, the total value of Sukuk listed on Nasdaq Dubai has reached USD 97.2 billion, further strengthening the exchange's position as one of the world's largest centres for Islamic fixed income. The overall value of debt securities listed on Nasdaq Dubai now stands at over USD 140 billion, across 163 issuances. These figures reflect the depth and maturity of the UAE's capital markets, as well as the growing appeal of Dubai as a gateway for regional and international investment.


Mid East Info
2 days ago
- Mid East Info
AliExpress Revolutionizes the Online Shopping Experience with Electric Vehicles - Middle East Business News and Information
For the first time, you can order a state-of-the-art EV on AliExpress Big Save Dubai, UAE – June, 2025 – AliExpress is pushing the boundaries of online shopping by enabling customers to purchase the latest electric vehicles (EVs) directly from their homes , marking a significant milestone for e-commerce globally. This unprecedented service will launch in June during the platform's Summer Sale, offering consumers an innovative way to embrace sustainable transportation. At the initial stage, the cars will only be sold to the UAE with the plan to expand to other GCC markets. The Ideal Fit: Aligned with the UAE's Vision 2031, AliExpress will simplify the purchasing process for the latest brand-name EVs delivered from China. The UAE Vision 2031 seeks to position the nation as a leader across multiple sectors while enhancing the quality of life for its residents and ensuring sustainable development for future generations. This initiative serves as a perfect match for the country's aspirations, providing an accessible solution for consumers and promoting eco-conscious choices. By offering more affordable EVs, AliExpress is broadening the appeal of electric mobility across diverse demographic groups, benefiting all income brackets and contributing positively to the UAE's economy. Fueling the Future of Transportation: The electric vehicle market in the UAE is witnessing significant growth, driven by government incentives and robust infrastructure investments. Currently, there are over 70,000 EVs in the UAE, and this number is expected to reach 100,000 by 2027. Residents are increasingly drawn to electric vehicles due to their environmental advantages, such as zero emissions and reduced air pollution, fostering a cleaner, healthier environment. Additionally, consumers appreciate the lower operating costs that EVs offer compared to traditional gasoline-powered vehicles. Transparency at Its Finest: With AliExpress, purchasing the latest EV shipped from China has never been easier or more affordable. Through the platform's Big Save Channel, customers can conveniently select their desired model with AliExpress 15 years of e-commerce expertise. Once purchased, the electric vehicle will arrive via sea freight from China. This innovative approach is revolutionizing the way you shop for big-ticket items. Expect renowned brands like BYD, Geely, Jetour, and Toyota at significant savings, making these cutting-edge electric vehicles even more accessible to the Emirati consumer. The electric vehicle market in the United Arab Emirates is experiencing swift growth, driven by consumers' increasing demand for eco-friendly transportation, supportive government initiatives, and the establishment of a comprehensive charging infrastructure. Additionally, the country's commitment to sustainability has fostered a positive environment for electric vehicle adoption. In this dynamic landscape, AliExpress is stepping in to enhance accessibility by offering customers the ability to purchase the latest electric vehicles through its platform, further accelerating this shift toward sustainable mobility. About AliExpress: Launched in 2010, AliExpress is a global e-commerce platform dedicated to creating a better shopping experience for hundreds of millions of consumers in more than 200 countries and regions. In addition to the English version, the AliExpress platform is available in 15 other languages. AliExpress is part of Alibaba International Digital Commerce Group.