1237 Articles
After Wael Fakharany was dismissed from his post at Careem earlier this week, an exclusive source in Careem told Daily News Egypt that the main reason behind the removal of Fakharany from his post as head of the company was his alleged disregard of workers, managers, and officials in the company, as well as making …
Company’s unit in Egypt accounts for 19% of the group’s business
We cooperate with Ministry of Health to mechanise the first phase of the health insurance system, says Al-Qadi
Joint stock company to be established for development of the complexes and creating basic infrastructure
Etisalat lost 120,800 clients; Orange gained 107,100; Vodafone took lion’s share
We plan to export to 12 new markets within the five upcoming years, says El Sayed
The company produces 1.2m cookers and 700,000 heaters in Egypt annually
Commercial sector projects took advantage of the fund ‘s financing programmes with 132,700 projects
8.6% increase in Huawei prices, 7.9% increase in Infinix
Telecom Egypt attracts 270,000 new subscribers to land-line services
Sameh Sabry, Egypt’s general manager for Unicom Trade, the dealership and distributor of FreeTel phones in Egypt, said that the company intends to acquire a 5% share of the mobile phones market in 2017. Sabry told Daily News Egypt that the competition in Egypt is not easy, adding that the company aims to meet the …
We have agreed with a financing company to fund the purchase of cars for those who want to work for Careem, Shalaby says
The prices of Samsung televisions saw drops in February by 3.9-8.1% as part of a plan to expand in the Egyptian market and acquire a larger share. Price lists sent to its distributors, and obtained by Daily News Egypt, indicated that the price of the 32-inch smart television decreased from EGP 5,790 in January to …
1.5 hp air-conditioners settle between EGP 6,500 to EGP 8,800
The Information Technology Industry Development Agency (ITIDA), represented by the Technology Innovation and Entrepreneurship Center (TIEC), signed the contract for managing and operating the innovation cluster in Borg El Arab Technology Park with an alliance represented by Eitesal Association. The alliance includes the Academy of Scientific Research & Technology, Alexandria University, the Egypt-Japan University of …
Turnout of more than 8,272 applications, prize money exceeds $160,000
INJAZ Egypt has launched its retailored startup programme. The new improved programme, according to a press release, ensures that only the passionate, hardworking, and creative young entrepreneurs can successfully launch their businesses in a nurtured entrepreneurial environment. The statement noted that the new pipeline is being conducted in two phases. The first phase is a …
The company follows up on the developments of the legalisation process to adjust its situation in the market, says FakharanyÂ
More than 70% of our employees are focusing on R&D
Careem Egypt aims to achieve a 30% month-on-month growth rate in the size of its business throughout 2017, according to Careem’s Cairo General Manager Hadeer Shalaby. Careem is an online transportation company that connects passengers with drivers via a mobile application. Shalaby told Daily News Egypt that the company also aims to increase the number …
Data usage services increased to 39.15m terabytes
The company has 50,000 drivers in Egypt and works in 52 cities around the world, El-Fakharany says
Commercial enterprises account for EGP 1bn of these finances
The National Authority for Tunnels (NAT) will start the fiscal space of the proposals from private companies for the electrical works on metro trains and carriages, the storage centre, and the overhaul of the workshop at Kozzika station. According to an official at the NAT, the authority accepted technical proposals submitted by Colas Rail, Petrojet, …
The value of the company’s revenues in Egypt in H1 of FY 2016/2017 was €796mÂ
NAT invites experienced Japanese companies to prequalify for construction of phase 1 of fourth line
5% expected decline in value of mobile sales in 2017
14.2% growth in cargos traded in Damietta port during 2016
Ministry of Supply had the largest share of corruption
Mobile, ADSL subscribers increase significantlyÂ