Aramco Digital, the technology subsidiary of Saudi petroleum and natural gas company Aramco, is widely reported to be in talks to invest about US$1 billion in telecommunications software maker Mavenir.
African fibre company Liquid Telecommunication Holdings is seeking to raise US$225 million in equity by the end of the year, according to a number of reports.
Turkish technology and communications company Turkcell has secured US$150 million in Murabaha financing from Dubai Islamic Bank, a prominent bank in the Gulf region.