Latest in Technology Highlight
Latest in Technology

Infinix launches Hot 6 Pro in Egypt
Infinix launched its new smartphone, Hot 6 Pro, in Egypt, featuring a six-inch screen with an 18:9 ratio, in addition to a 13-megapixel camera and 2-megapixel front camera. It also comes with a Qualcomm Snapdragon processor and a 4000 mAh battery. The Hot 6 Pro launched in Egypt in partnership with the local e-commerce giant …

Bekia will take your waste, give you food, metro tickets, school supplies, medicines
First platform trading waste for commodities

14% growth in ICT sector in Q1 2018
Yasser El-Kady, minister of communications and information technology, said that the ICT sector achieved growth rates of 14%, year-over-year, at the end of the first quarter of this year. He added that the achieved growth was 9.5% for the communications sector and 4.5% for the information technology sector. He pointed out that last fiscal year, …

ElBalto: Healthcare app connecting patients, doctors, caregivers
ElBalto, a mobile-based platform, was launched by a startup aiming to transform healthcare through connecting patients, doctors, and caregivers. The co-founder and CEO of the company, Mahmoud Abdalla, explained that receiving medical assistance in non-emergency cases often meets unneeded hassles and obstacles, such as traffic jams, doctor cancellations, or no-shows He added that in Egypt’s …

Most important quality criteria at Samsung maintenance centres
Samsung is the largest smartphone maker in Egypt and the world. The company held 39% of smartphone sales in the Egyptian market at the end of April. Its control over a large share of smartphone sales increases the number of phones in maintenance services compared to the rest of the companies, given Samsung’s large market …

Weelo offers cloud-based delivery platform that digitises orders, delivery
Company has 4,000 customers, more new users every day, says Asfour

Telecom Egypt’s EISCC buys MENA-SCS for $90m
Telecom Egypt has announced that its 50% subsidiary, the Egyptian International Submarine Cables Company (EISCC), has completed an agreement with Orascom Telecom Media and Technology Holding (OTMT) for the purchase of OTMT’s shareholding in Middle East and North Africa Submarine Cable System (MENA-SCS) for a total value of $90m. The transaction aims to be concluded …

Apple takes 47% of April tablet sales in Egypt
Apple accounted for 47.1% of Egypt’s tablet sales in April, leading the domestic tablet market. Apple’s share increased by nearly 3% compared to March, when its market share was 44.3%. Samsung came second on the list with 34% of market sales in April 2018 compared to 39.4% in March. Samsung’s market share of tablet sales …

Honor eyes 5% of smartphone sales in Egypt by end 1Q 2019
We aim to be among top three smartphone sellers in world by 2022, says Baigong

Flat6Labs Cairo graduates 10 innovative startups at its 10th Demo Day
Flat6Labs, the regional early-stage investment company and accelerator, held on Monday its 10th Demo Day in Cairo with 10 new startups graduating from its first cycle in 2018. Flat6Labs Cairo’s 10th cycle commenced on 13 February in 2018 and welcomed 10 promising new teams, filtered from about 400 applications, who are now excited to launch …

TE board of directors approves MENA Submarine Cable Systems acquisition
The board of directors of Telecom Egypt (TE) approved the acquisition of MENA Submarine Cable Systems, in line with the company’s strategy to expand in the field of submarine cables. MENA Submarine Cable Systems will be a part of TE’s network, which will connect a large swathe of the world from the east to the …

Do web directories still work for marketing in 2018?
Internet user penetration in Egypt reached 48% in 2017 according to Statista. The internet has become a very important platform, especially as 81% of internet users in Egypt say that they cannot live without it, according to eMarketing Egypt’s eighth annual report “visions for e-marketing in Egypt”. Nowadays, it is hard to find internet marketers …

Fawry Plus POS to reach 360 outlets in two years: Okasha
Fawry, an e-payments company, aims to expand its Fawry Plus services in the coming period. According the company’s managing director, Mohamed Okasha, it now operates 60 Fawry Plus points of sale (POS). Okasha said the company intends to reach 120 outlets by the end of the year and 360 outlets in two years. Last year, …

IDC hosts Egypt’s most influential ICT leaders for annual CIO Summit in Cairo
The International Data Corporation (IDC) hosted the fourth Egypt CIO Summit at the Nile Ritz-Carlton in Cairo. The annual summit, titled Developing a Blueprint for Thriving in the Digital Economy, brought together more than 100 of the country’s most influential ICT leaders and chief information officers (CIOs). The distinguished guests engaged in full-day discussion sessions …

One Global ready to roll out in Nigeria by Q3: COO
Company targets 1.5m users in first phase

Ericsson to focus on developing operators’ networks towards 5G future
5G will give birth to new businesses, fuel innovations: country manager

Smartphone market shares in April
Samsung still in lead despite its market share dip

Uber will serve 50% of Egypt by December 2018: COO
Barney Harford to visit Egypt next week to confirm local expansion plans

Nexford University creating technological learning experience to serve Egyptian students
There is still a gap between the higher education systems in developing markets, including Egypt, and the needs of the global labour market, especially in view of the challenges and difficulties faced by Egyptian students in reaching high quality American universities in their educational systems at appropriate prices. Nexford University announced the completion of its …

Weak purchasing power postpones R-series launch in Egypt: Oppo
Andy Shi, Oppo brand director for the Middle East and North Africa, said that the company does not intend to launch the R-series in the Egyptian market in the near future. He noted that the R-series phones are the leading series of the company’s devices, which come with a hefty price tag, so the company …

Egypt to host IDC CIO Summit 2018 to develop blueprint for thriving in digital economy
Egypt will host on Monday the International Data Corporation (IDC)’s annual flagship event, Egypt-Chief Information Officer (CIO) Summit. A number of Egypt’s most influential CIOs and decision-makers are set to attend at the Nile Ritz-Carlton in Cairo. The fourth edition of the summit offers a unique opportunity for the region’s leading CIOs to network with …

Wuzzuf seals agreement for further investments
We plan to provide 1m jobs by 2020, says Sharif

Egypt’s internet users decline by 3.6m in January
The total number of internet users in Egypt declined in January by 3.6 million, reaching 37.8 million users compared to 41.4 million in December 2017. According to a report issued by the Ministry of Communications, the number of mobile internet users decreased from 32.8 million in December 2017 to 29.3 million in January 2018. The …

La Reina raises $1m from Algebra Ventures, 500 Startups
La Reina, Egypt’s first online platform for rental couture, announced receiving $1m in a series A funding round, led by Egypt’s largest venture capital fund, Algebra Ventures, with participation from the global VC fund, 500 Startups. For her part, the co-founder of La Reina, Ghada El Tanawy, said that La Reina aims to grow its current …

WE introduces 100 Mbps ADSL package
WE internet is new era of internet speed, prices in Egypt, says El Behairy

Communication minister discusses investment opportunities in IT sector
The Fifth Annual Conference of the General Division of Digital Economy and Technology will begin today under the title Tech Invest 2, in the presence of Yasser El-Kady, minister of communications and information technology. Khalil Hassan Khalil, a member of the board of directors of the Federation of Egyptian Chambers of Commerce (FEDCOC) and head …

Samsung continued to dominate Egyptian smartphone sales in March 2018
Huawei, Apple compete for second place

Slight growth in ADSL users in January
The ADSL market acquired 129,500 new users in January this year, increasing its base from 5.1 million users in December 2017 to 5.32 million. In a different context, Telecom Egypt gained 7,500 new landline clients in January, increasing from 6.6 million in December 2017 to about 6.61 million in January 2018. The internet market added …

LG aims to acquire 33% of TV market
Local market expects 40% growth in TV sales during 2018

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