AfricInvest fund plans to invest $100m in Egypt within two years
We aim to seal two new deals in 2020: Ismaill Talbi
Karim Salah
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Latest by Karim Salah
MerQ launches LaRa e-wallet services
We attracted 100,000 users within 8 months of operating its services locally: Walid
MCIT to introduce Electronic Transactions Law; begins community dialogue in month
Providing safety for citizens, ensuring obligations of e-commerce companies in new law: Hegazy
Fawry awaits CBE’s approval to provide banking services through Fawry Plus
50% projected growth in e-payment next year: Okasha
Aman e-payment is considering providing funding for traders during service 2019
We aim to increase our transactions to 1m per month, attract 20,000 POS: Wahby
Communication Ministry seeks partnerships with private sector in digital transformation projects
Talaat revealed that the government intends to include small and medium-sized enterprises (SMEs) into the implementation of these projects, especially since 76% of the total jobs which are provided are from the private sector.
‘Nafham’ launches new service allowing online communication between teachers, students
Platform has curricula of Ministry of Education throughout all grades
Parliament plans to impose ad fees on Facebook, Google
Draft budget for next fiscal year approved with EGP 1.4tn total expenditure, EGP 989bn revenue, target deficit of 9.8%, growth rate of 5.8%
PayMe targets collecting EGP 20m by end-2018
We are negotiating with four investors to sell 10% of company’s shares for EGP 5m says El-Ashry
Presentation begins negotiating with FIFA to broadcast the matches of Egypt World Cup on local channels
Offer to set up a friendly match with Serbia for $1m in November: Wahby
Ministry will implement 16 projects worth EGP 380m in the current fiscal year: Youth and Sports Ministry
The plan includes establishing 24 swimming pools, 12 indoor pitches, 5 clubs for disabled individuals, 5 ministry directorates
Wasla plans opening branch in Assiut with capacity of 400 seats next year
Company contracted with 90% of charities, allocated 200 seats to receive donations during Ramadan, says Riyad
Catalyst targets business volume of $16m in Middle East in 2017
Company aims to expand our business in Turkish and Omani markets this year
Careem increases its capital to $350m in December, backed by Elsewedy Electric
The company has 50,000 drivers in Egypt and works in 52 cities around the world, El-Fakharany says
e-finance in cooperation with Visa, MasterCard to issue 5m smartcards
The financial institutions operation company e-finance aims to achieve revenues worth EGP 500m in 2017. The company’s priority is expanding in northern and central African markets to implement its expansion plan in the region so as to open its resources of US dollar income. CEO Ibrahim Sarhan told Daily News Egypt that the production capacity …
Taxi drivers intend to submit request to cabinet to increase tariff
The Taxi Drivers and Owners Association intends to submit an official letter to the cabinet, seeking to increase the tariff for the white taxi from EGP 1.4 per kilometre to EGP 2, and a set fare to start at EGP 6 instead of EGP 3, on the back of the government’s decision to increase fuel …
How did the Communications Ministry manage to take the Egyptian market to 4G?
Companies are paying the value of the licences in cash, with a one-month grace period to transfer required amounts, says Abdel Wahed
ITIDA postpones bestowing its mark of confidence to e-commerce websites
We are studying opening technological representative offices to support export
ECA is reviewing 20 cases of monopolistic practices in sectors of food, basic infrastructure, and internet
Import controls offer favourable climate for monopolistic practices and decisions must be temporary
Chairman of Central Administration of Cairo Customs on new customs’ procedures
GAFI to establish a developed logistics centre to accelerate importing shipments
Intel plans to launch competition on industrial projects for Egypt and the region
Intel “She Will Connect” programme aims to close the Internet gender gap, connecting millions of girls and women to opportunity