Across Africa News
Wednesday, March 11, 2026
Quectel Unveils Versatile Pi Series SBCs to Power Developer Innovation
(BUSINESS WIRE)--Quectel Wireless Solutions, a global end-to-end IoT solutions provider, today announces the launch of its range of Quectel Pi series of single-board computers (SBCs), designed for a broad range of industrial use cases. The portfolio currently includes three compact development platforms - the Quectel Pi M1, L1, and H1 boards - engineered for low power consumption, cost efficiency, and full-stack software support. Designed to accelerate prototyping and product development, they are well suited for embedded applications, IoT solutions, robotics projects, and edge computing deployments.
“We’re delighted to launch the affordable, versatile, open source Quectel Pi series of SBCs to help developers of real IoT projects in areas such as home automation, robotics, sensors and edge computing to achieve their goals,” says Zjelko Maric, Product Development Manager, EMEA, Quectel Wireless Solutions. “It is important to stress that these boards are for industrial use cases, not just the educational sector. We look forward to supporting the developer community at all levels with these highly capable new Quectel Pi boards.”
SBCs are a complete computer on a single printed circuit board (PCB) and comprise the CPU, GPU, memory storage and I/O ports. Versatility is assured thanks to Wi-Fi, Bluetooth, LTE and Ethernet connectivity options and general-purpose input/output pins to support I2C, SPI and UART interfaces. In addition to powerful CPU and GPU capabilities, support for LTE in the Quectel Pi M1 and L1 boards brings new connectivity capabilities to this sector of the market, and the Quectel H1 Pi board opens up edge computing performance for developers including industrial and commercial developers, educators and students, prosumer and home users, tech enthusiasts and developers, and hobbyists and makers.
With dimensions of 68.70mm x 108.94mm x 23.00mm, the Quectel Pi H1 is powered by the Qualcomm QCS6490 processor and offers numerous interfaces, 8GB LPDDR4x and 128GB UFS memory, an Adreno 643 GPU and options to select the Linux, Debian or Ubuntu operating systems. The SBC also supports 2.4GHZ and 5GHz Wi-Fi, Bluetooth 5.0 and gigabit ethernet connectivity.
Also included in the range is the Quectel Pi M1 and L1 boards, both offering LTE Cat 4 connectivity to users. The Pi M1 product is powered by the Qualcomm SM6115 processor and has dimensions of 56mm x 85mm x 23mm. A wide range of interfaces make this board highly compatible with the Raspberry Pi and the needs of that community of developers. This SBC also offers Wi-Fi5, Bluetooth 5.0 and gigabit ethernet as well as LTE Cat 4 and the option of GNSS connectivity. The Quectel Pi M1 also offers 4GB LPDDR4x and 64GB eMMC memory and the option of Linux, Android or Ubuntu operating systems.
The Quectel Pi L1 board features a 64-bit ARM quad-core Qualcomm QCM2290 processor alongside a rich set of interfaces, a 64-bit Adreno 702 GPU and offering 2 GB LPDDR4X* + 32 GB eMMC memory. With dimensions of 56mm x 85mm x 21.66mm, this SBC offers easy compatibility with the Raspberry Pi and offers two SIM interfaces. The Quectel Pi L1 board offers LTE Cat 4, 2.4GHz and 5GHz Wi-Fi, Bluetooth 5.0, and the option of GNSS connectivity. Both the M1 and L1 boards are designed to integrate seamlessly into existing development board ecosystems, enabling straightforward adoption and compatibility with widely used hardware platforms.
About Quectel
Quectel’s passion for a smarter world drives us to accelerate IoT innovation. A highly customer-centric organization, we are a global end-to-end IoT solutions provider backed by outstanding support and services.
With a worldwide team of over 5,800 professionals, we lead the way in delivering end-to-end IoT solutions, spanning cellular, GNSS, satellite, Wi-Fi and Bluetooth modules, high-performance antennas, value-added services and full turnkey offerings including ODM services and system integration.
With regional offices and support across the globe, our international leadership is devoted to advancing IoT and helping build a smarter world.
For more information, please visit: www.quectel.com or LinkedIn
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Forbes 40th Annual World’s Billionaires List
NEW YORK - Tuesday, 10. March 2026 AETOSWire
Elon Musk Is World’s Richest Person Ever Recorded
(BUSINESS WIRE)--Forbes releases its 40th-annual World’s Billionaires list, the definitive ranking of the planet’s richest people. Wealth surged to unprecedented levels over the past year, with fortunes climbing at a record pace. This year’s list features 3,428 billionaires, the most since the list’s inception in 1987. The world’s wealthiest people are worth a record $20.1 trillion combined, up from $16.1 trillion in 2025.
Elon Musk tops the Billionaires list for the second year in a row and is the richest person ever recorded, worth an estimated $839 billion. His net worth skyrocketed by half of a trillion dollars from last year, thanks to a rise in the value of Tesla, and SpaceX which is aiming to go public in 2026. Musk is the first person ever recorded to reach the $800 billion mark, as he moves toward becoming the world’s first trillionaire.
“It’s the year of the billionaire,” said Chase Peterson-Withorn, Forbes Senior Editor, Wealth. “The planet added more than one billionaire per day over the past twelve months as the AI-powered stock market boom boosted fortunes to previously unimaginable heights.”
Larry Page, cofounder of Google, follows far behind Musk, in the No. 2 spot with an estimated net worth of $257 billion, followed by his cofounder Sergey Brin at No. 3 ($237 billion). Jeff Bezos holds the No. 4 spot ($224 billion) and Mark Zuckerberg ($222 billion) rounds out the top 5.
President Donald Trump’s fortune increased by 27%, to an estimated $6.5 billion, thanks largely to crypto dealings and his New York fraud penalty being thrown out. He ranks No. 645 worldwide.
The 2026 ranking features 390 newcomers, including Dr. Dre; Beyonce Knowles-Carter; and tennis legend Roger Federer.
The United States has more billionaires than any other country, now boasting a record 989.
For the full list, visit: www.forbes.com/billionaires.
About Forbes
Forbes is an iconic global media brand that has symbolized success for over a century. Fueled by journalism that informs and inspires, Forbes spotlights the doers and doings shaping industries, achieving success and making an impact on the world. The Forbes brand reaches more than 140 million people monthly worldwide through its trusted journalism, signature ForbesLive events and 49 licensed local editions in 81 countries.
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Feryal Nawaz, fnawaz@forbes.com
For the First Time, Ferring Reports Revenue of Over €2.5 Billion in 2025
SAINT-PREX, Switzerland -
Ferring's total revenues for 2025 exceeded €2.5 billion, an increase of 10% from 2024, mainly driven by our flagship product Menopur®
Continued ramp-up in the US for Adstiladrin®, our novel gene-based therapy for bladder cancer, confirming its position as Ferring’s second major growth driver
Commitment to sustainability demonstrated by SBTi approval of our targets to reduce greenhouse gas emissions, and by our programme to reduce maternal deaths in low- and lower middle-income countries
(BUSINESS WIRE)--Ferring today published its 2025 Annual Report and Sustainability Report. The company achieved total revenues of over €2.5 billion in 2025, an increase of 7% over the previous year at actual exchange rates (AER) and 10% at constant exchange rates (CER). These were mainly driven by our flagship product Menopur® (menotropins for injection) in reproductive medicine, and the ramp-up in the US of our breakthrough gene-based therapy for non-muscle invasive bladder cancer, Adstiladrin® (nadofaragene firadenovec-vncg).
Operating expenses were contained to an increase of €61 million year-on-year (i.e. +5% at AER and +7% at CER), and this includes significant non-recurring items (notably impairment charges and restructuring provisions). Underlying operating expenses remained well-controlled, with increased investments targeted to support the growth of Adstiladrin and other opportunities. Thus, operating profit for the year reached €167 million, a decrease of -€24 million (‑13%) versus the prior year at AER, while remaining flat at CER - with the difference being driven by the weaker US dollar.
Following a focus on improving cash conversion after several heavy investments, free cash flow generation approached neutral despite currency headwinds from the weaker US dollar. This represents a substantial improvement compared to the previous year, and a significant step towards sustainable cash generation.
Jean-Frédéric Paulsen, Chairman of the Board of Directors and Chief Executive Officer, said: “This was a pivotal year as we continued evolving our business to become stronger, more agile and more resilient, and importantly we got back to free cash flow neutral. Moreover, in 2025, we introduced an enterprise model designed to create greater value for patients and customers while supporting sustainable growth. This reflects our long-term commitment to serving patients’ need, and fostering an environment where people can learn, grow and perform at their best.”
Ferring has always conducted business responsibly by seeking to protect the environment, create value for society, and uphold our high standards of ethics and governance. In 2025, we passed a major milestone when our targets for reducing greenhouse gas (GHG) emissions were approved by the Science Based Targets initiative (SBTi). This globally recognised standard ensures corporate goals are aligned with international climate policy. During the year, we succeeded in reducing our Scope 1 and 2 GHG emissions by 4.3% and Scope 3 emissions by 19%.
Access to affordable healthcare is embedded in Ferring’s purpose and strategic priorities. The Project Family™: Safe Birth initiative aims to reduce maternal deaths in low- and lower middle-income countries by enabling wider access to Carbetocin Ferring (carbetocin, room-temperature stable formulation). In 2025, we worked with partners to supply around 1.7 million doses of this life-saving medicine at an affordable access price, while gaining further approvals in seven low- and lower middle-income countries.
About Ferring Pharmaceuticals
Ferring Pharmaceuticals is a privately owned specialty biopharmaceutical group committed to building families and helping people live better lives. We are leaders in reproductive medicine with a strong heritage in gastroenterology and urology and are at the forefront of innovation in uro-oncology gene therapy. Ferring was founded in 1950 and employs more than 7,500 people worldwide. The company is headquartered in Saint-Prex, Switzerland, and has operating subsidiaries in more than 50 countries which market its medicines in over 100 countries.
Learn more at www.ferring.com, or connect with us on LinkedIn, Instagram and YouTube.
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For more information, please contact
Carine Julen
Senior Manager, Corporate Communications & Public Affairs
carine.julen@ferring.com
Hyperice Introduces Hypervolt 3 Line: More Powerful, Quieter, and Longer-Lasting Percussion Massage Devices
IRVINE, Calif. - Tuesday, 10. March 2026
Upgraded Line Includes Redesigned Head Attachments and New Carry Case for an Enhanced Warm-Up and Recovery Experience
(BUSINESS WIRE)--Hyperice, a high-performance wellness brand, today announced the global launch of the Hypervolt 3 line, its most advanced percussion massage technology to date. The three-device line features the Hypervolt Go 3 ($149), the Hypervolt 3 ($249), and the Hypervolt 3 Pro ($349) — achieving significant performance upgrades across the board at more accessible price points than industry competitors.
Hyperice has built its reputation over the last 15 years on one guiding principle: elite-level recovery technology designed to help everyone perform and move better, from professional athletes to those preparing for or recovering from the day-to-day grind. The Hypervolt 3 line is the latest proof point of that mission.
“The Hypervolt 3 line represents the best percussion massage technology we’ve ever built,” said Jim Huether, CEO of Hyperice. “We’ve taken everything that made the Hypervolt 2 series one of the most trusted products in wellness and recovery and made significant upgrades, delivering more power, reducing noise, and extending battery life. Whether you’re a professional athlete or an everyday athlete, the Hypervolt 3 line was designed to meet you where you are with the most accessible premium percussion massage gun experience.”
The Hypervolt 3 line enables users to massage away stress and tension, loosen muscle knots, maintain flexibility and range of motion, accelerate warm-up before workouts, and recover quickly after activity.
Every device in the Hypervolt 3 line features fully redesigned head attachments that are 33% larger to cover more surface area during each session. All three devices include a carry case, are TSA-friendly for carry-on travel, and are FSA/HSA-eligible in the U.S. The Hypervolt 3 and Hypervolt 3 Pro each come with the redesigned Heated Head Attachment, combining three levels of heat therapy (109 - 120°F / 42.8 - 48.9°C) with percussion massage. The Hypervolt Go 3 is compatible with the new Heated Head Attachment, sold separately.
Hypervolt Go 3 ($149 / CA$199 / £129 / €149) — For the go-getter
The Hypervolt Go 3 is a lightweight percussion massage gun designed for recovery on the go. Weighing just 1.6 lb (0.73kg) with a slanted ergonomic handle, it has five speeds of percussion and four hours of battery life via USB-C charging. Powered by QuietGlide® technology, it includes two redesigned head attachments for more targeted relief. At $149, the Hypervolt Go 3 delivers pro-level recovery in the most portable package on the market, while also offering longer battery life and more precision control.
Key Features: 5 speeds with digital dial, Hyperice App connectivity, 4-hour battery, 1.6 lb (0.73kg), 45 lbs of stall force. Compatible with new Heated Head Attachment.
What's Included: 2 attachments (flat, wedge), carry case, USB-C cord.
Hypervolt 3 ($249 / CA$329 / £219 / €249) — For the everyday performer
The Hypervolt 3 is more powerful than the Hypervolt 2 with five precision speeds and near-silent operation. A pressure sensor guides intensity, while Bluetooth connectivity enables personalized recovery routines via the Hyperice App. The device weighs 2 lb (0.91kg) and includes five redesigned head attachments, among them the Heated Head Attachment, plus a carry case. Battery life extends up to four hours on an 18V wall charger with international plugs included.
Key Features: 5 speeds with digital dial, pressure sensor, Hyperice App connectivity, 4-hour battery, 2 lb (0.91kg), 60 lbs of stall force.
What's Included: 5 attachments (Heated Head, flat, wedge, fork, cushion), carry case, 18V wall charger.
Hypervolt 3 Pro ($349 / CA$469 / £309 / €349) — For the pro
The Hypervolt 3 Pro is Hyperice's flagship percussion device, built for athletes training at high volume, physical therapists, and anyone whose performance depends on their body recovering. At 2.5 lb (1.1kg), it includes the Heated Head Attachment, a premium carry case, and app connectivity for personalized protocols. The Hypervolt 3 Pro delivers therapist-level deep-tissue pressure trusted by professional sports teams at $349.
Key Features: 6 speeds with digital dial, 70 lbs stall force, whisper-quiet 51 dB, Hyperice App connectivity, 4-hour battery, 2.5 lb (1.1kg).
What's Included: 5 attachments (Heated Head, flat, wedge, fork, cushion), carry case, 18V wall charger.
All three devices introduce key upgrades from the Hypervolt 2 generation: more percussion speeds, longer battery life, quieter operation via patented QuietGlide® technology, and fully redesigned attachments that cover more surface area.
“When we introduce the Hypervolt 3, it will be almost 8 years to the day from when we introduced the first Hypervolt at the 2018 NBA All-Star game in LA,” said Anthony Katz, Hyperice Founder. “A lot has changed since then, but we still believe in developing new products that help passionate people move better. Whether it’s introducing a whole new product category, or evolving an existing product line in our ecosystem, our values haven’t changed: to pursue every product idea with the highest level of thought and care for design and performance. And it’s with that mindset that we introduce the Hypervolt 3 line.”
The Hypervolt Go 3, Hypervolt 3, and Hypervolt 3 Pro are available now at hyperice.com and nike.com as well as Best Buy, Dick’s Sporting Goods, and REI in the U.S.
Images: HERE
About Hyperice
Hyperice is a technology-driven company with a giant mission, to help everyone on Earth move and live better. For more than a decade, Hyperice has led a global movement at the confluence of recovery and wellness, specializing in percussion (Hypervolt line), dynamic air compression (Normatec line), vibration (Vyper and Hypersphere lines), thermal technology (Venom line), contrast therapy (Hyperice X), and Hyperboot collaboration with Nike. Now, as a holistic high-performance wellness brand, Hyperice is designed for all – from the most elite athletes, leagues, and teams to consumers everywhere looking to unlock the best version of themselves to help them do what they love, more. Recognized as one of Fast Company’s Most Innovative Companies and a TIME Best Inventions winner, Hyperice has applied its technology and know-how to industries including fitness, hospitality, healthcare, massage, physical therapy, sports performance, and workplace wellness on a global scale. For more information, visit hyperice.com.
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Contact
Jack Taylor PR
hyperice@jacktaylorpr.com
Tuesday, March 10, 2026
Andersen Global Expands African Presence with Addition of Bravura
(BUSINESS WIRE)--Andersen Global strengthens its presence in Africa through a Collaboration Agreement with Bravura, a leading independent tax and financial advisory firm based in South Africa and Namibia.
Founded in 1999, Bravura provides tax and financial advisory solutions to listed and private companies, entrepreneurs, and high-net-worth families across the region. Bravura combines deep financial expertise with an entrepreneurial mindset to deliver tailored strategies that drive value. The firm’s multidisciplinary team provides advisory services in mergers and acquisitions, capital raising, corporate restructuring, and succession planning. Additionally, the firm offers tax and accounting strategy, international tax structuring, global mobility, and exchange control compliance solutions.
“At Bravura, we’re driven to redefine standards and deliver bespoke, results-driven solutions that create lasting value for our clients,” said Ian Matthews, head of business development at Bravura. “Our collaboration with Andersen Global enables us to leverage its expansive platform and build working relationships with professionals globally, who share our unwavering commitment to excellence, integrity, and performance.”
Global Chairman and CEO of Andersen, Mark L. Vorsatz added, “Bravura’s proven track record and forward-thinking approach position them as a valuable addition to our platform. The firm’s deep expertise and knowledge of the local market complement our capabilities in Africa and enhance our ability to deliver seamless, multidisciplinary solutions to clients in the region and globally.”
Andersen Global is an international association of legally separate, independent member firms comprised of tax, legal, and valuation professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 50,000 professionals worldwide and a presence in over 1,000 locations through its member firms and collaborating firms.
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Megan Tsuei
Andersen Global
415-764-2700
Kinaxis Goes All-In on Innovation at Upcoming Kinexions in Las Vegas
Annual customer conference will bring together global supply chain leaders to explore the latest trends, best practices and technologies in AI-powered planning, decision-making and agentic innovation
(BUSINESS WIRE)--Registration is officially open for Kinexions North America, the premier global supply chain orchestration conference hosted by Kinaxis® Inc. (TSX: KXS). Taking place June 1–3 in Las Vegas, Nevada, the event brings together supply chain leaders, innovators and practitioners from around the world to explore how organizations can leverage AI-driven strategies and technologies to connect data, people and decisions.
After a year defined by market volatility, geopolitical risk and disruption, this year’s conference will focus on how intelligent supply chain orchestration enables organizations to move beyond reactive planning to building true enterprise adaptability. The program promises to be the most immersive and future-forward Kinexions yet, with renowned author, entrepreneur and innovation expert, Peter Hinssen confirmed as a featured keynote address.
“Kinexions has always been the place where the best in supply chain come together to calibrate and share ideas, rethink what’s possible and accelerate real innovation — and 2026 is going to set a new bar,” said Kinaxis Chief Executive Officer, Razat Gaurav. “What I’m hearing consistently from our customers is the challenge of making smart supply chain decisions with unprecedented levels of change and uncertainty. The leaders pulling ahead are the ones embracing outcomes‑driven thinking and leveraging AI‑powered agentic orchestration. We’re excited to welcome our community of customers and partners as they come together for three days of impactful networking, learning, and shaping what’s next.”
Throughout the conference, attendees will hear directly from numerous Kinaxis customers, many of which are operating some of the world’s most complex supply chains, and will have the opportunity to see firsthand how the Kinaxis Maestro™ platform and Maestro Agents are helping to transform today’s supply chain environments and dive further into how AI is reshaping decision making.
Key highlights for the 2026 conference include:
- Mainstage keynote from Peter Hinssen, who will share an exclusive perspective on how leaders can turn uncertainty into opportunity and build bold, future‑ready organizations in a “Never Normal” world, following the release of his latest book ‘The Uncertainty Principle’.
- A robust lineup of customer speakers from some of the world’s most complex and extensive supply chains.
- Dozens of sessions, hands‑on training, deep‑dive technical workshops, and product innovation showcases designed to help organizations accelerate value adoption.
- The annual Kinaxis Customer Awards, recognizing individuals and organizations leading the way in innovation, transformation, and supply chain excellence.
- Access to exclusive product announcements, networking receptions, and the full Kinaxis community experience.
Hosted at The Cosmopolitan of Las Vegas, Kinexions will offer a vibrant and immersive backdrop for learning and connection, blending modern luxury with the energy of one of the world’s most iconic destinations. Attendees will gain early visibility into new platform innovations and expanded capabilities within Maestro, reinforcing the Kinaxis commitment to advance supply chain orchestration beyond traditional planning processes.
Registration for Kinexions North America is open now at www.kinexions.com.
To learn more about Kinaxis and its industry‑leading supply chain orchestration platform visit www.kinaxis.com.
About Kinaxis
Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.
Source: Kinaxis Inc.
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Contacts
Media Relations
Erin Boyle | Kinaxis
eboyle@kinaxis.com
+1 519-574-4065
Investor Relations
Rick Wadsworth | Kinaxis
rwadsworth@kinaxis.com
613-907-7613
Estithmar Holding Net Profit Surges 122% to QAR 938 Million; Revenue Rises 54% to QAR 6.4 Billion for the Year Ended 31 December 2025
Doha, Qatar - Tuesday, 10. March 2026
- Sustainable Growth Driven by International Expansion
- Significant Increase Across Key Metrics
Estithmar Holding Q.P.S.C. has announced its financial results for the year ended 31 December 2025. The group reported a 54% increase in revenue to QAR 6.4 billion, compared with QAR 4.2 billion in 2024. Gross profit rose to QAR 2.1 billion, up from QAR 1 billion in 2024, representing growth of 111%. EBITDA reached QAR 1.5 billion, an increase of 102% year-on-year.
Net profit climbed 122% compared with 2024, reaching QAR 938 million. Earnings per share increased by 145% to QAR 0.264.
The growth in net profit was primarily driven by higher revenues, particularly from the specialized contracting and healthcare sectors. The results reflect the group’s ability to convert operational growth into sustainable profitability while maintaining financial discipline.
Total assets increased by 23% in 2025 compared with the previous year, largely due to new projects added to Estithmar Holding’s portfolio, including Baghdad International Hospital in Iraq.
The Board of Directors has recommended the distribution of dividends equivalent to 20% of the company’s share capital, in the form of 2 bonus shares for every 10 shares held.
The 2025 results show a marked improvement across key financial indicators, supported by expansion in the group’s core sectors, improved project execution, and enhanced operational efficiency across its businesses. These results demonstrate Estithmar Holding’s ability to scale its operations while maintaining financial discipline and strengthening profitability.
Commenting on the results, Juan Leon, Holding Chief Executive Officer of Estithmar Holding, said: “2025 represents an important milestone in Estithmar Holding’s journey. Our strong financial performance reflects the successful execution of our growth and expansion strategy across the group’s sectors, as well as the considerable efforts of our teams across multiple markets.
“Achieving strong growth across all key financial indicators highlights the resilience of our diversified business model and our continued focus on operational excellence, maintaining financial discipline and governance. As we expand our footprint and strengthen our presence in regional markets, we remain committed to delivering sustainable value to shareholders while exploring new growth opportunities.”
“The group’s strong financial position allows us to move forward with upcoming strategic initiatives, while also evaluating potential opportunities in capital markets to support the next phase of the group’s expansion”, Leon added.
The specialized contracting group accounted for the largest share of revenue contribution in 2025. The sector delivered strong activity both locally and regionally, particularly in Saudi Arabia, Syria, Algeria and Iraq. During the year, the industrial and specialized contracting businesses continued to expand, executing major projects across 12 countries. These include large-scale developments such as the Red Sea projects in Saudi Arabia, infrastructure projects in Syria, and several major developments in Qatar, including educational facilities.
During the year, the group secured 262 new contracts, reflecting growing confidence in its companies as partners for the delivery of major projects.
Estithmar Holding’s healthcare group, through its subsidiary Apex Health, also continued to deliver sustainable growth, driven by the implementation of its regional hospital management and operations model, including in Iraq and Libya.
Within Qatar, the group’s hospitals; The View Hospital and the Korean Medical Center continued to build patient trust through adherence to the highest international quality standards and by hosting leading global medical professionals. In 2025, The View Hospital performed more than 100 robotic surgeries.
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Nesrine Nacef
Corporate Communications Manager
0097466157504