Latest in Technology Highlight
Latest in Technology
Vodafone Egypt negotiates with Russian operators for offers to Egyptian fans at World Cup
Company expects 10% increase in its investments over next 3 years
Samsung negotiates with Aman Financial to provide installment services with facilitation for its electronic, household products
Large part of mobile market has recovered, we are still leading the market sales, says Barakat
What did ITIDA provide the IT sector in 2017?
Establishment of two microelectronics complexes at Sadat and Beni Suef technological parks
MCIT plans to raise IT sector contribution to GDP to 3.8% in 2018
Negotiations underway with international companies to set up design centres in Egypt, expand electronics industry, reveals minister of communications
Orange looks to profit after financial restructuring
Parent company’s loan reduces debt to EGP 5bn
Egypt conducts first 5G test today
Sisi, Kady launch first locally manufactured mobile
Where does Egypt rank in entrepreneurship, emerging companies globally?
Botswana tops Africa, UAE ahead of Arab countries
Top reasons startups fail
Entrepreneurship is one of the leading industries in the international market and the Egyptian market in particular, but a large percentage of startup companies fall before they reach advanced stages of growth. According to some international reports, only 10% of emerging companies succeed. CB Insights says that the main reasons why startups fail is poor …
Telecommunications sector suffers from quick implementation of economic reform decisions
CBE is at clear pace to push electronic payments sector: Sabry
Fawry gets $20m from foreign investment fund
Ashraf Sabry, CEO of Fawry electronic payment company, disclosed that his company has received an investment of $20m from a foreign investment fund. Currently, the company is working to expand and develop the services it provides to consumers. Fawry annually invests EGP 30-40m to develop its technological infrastructure and increase the number of points offering …
Review: Samsung Galaxy J7 Pro 2017
Samsung launched the Galaxy J7 Pro for the middle and upper class with advanced features at favourable price
RiseUp 2017 starts in December with Sawiris participating
150 start-up companies are attending the summit
TE collects EGP 224m from VAT in 2017
Company pumped EGP 1.4bn of investments into mobile services
Vodafone Egypt revenue EGP4.8bn in Q3
29,000 new Vodafone ADSL customers
Xiaomi considers introducing new products to Egyptian market
Egypt will be our launch platform in Africa: Zeng
46.9% of Egyptian children use mobile phones: CAPMAS
38 million users under 18, accounting for 40% of population in 2017
Vodafone, AlexBank aim to increase Vodafone Cash customers to 5 million by mid 2019
Vodafone negotiates with CBE to include companies in the service and raise transaction value to EGP 10,000 with a cap of EGP 50,000 per month
4.5 million ADSL internet users in Egypt in April
The Ministry of Communications and Information Technology (MCIT) revealed, in a report, an increase in the number of internet users in Egypt to 33.19 million in April 2017, compared to 30.45 million in March and 26.8 million in April 2016. The report showed that the number of ADSL subscribers rose to 4.57 million in April …
TE profits up by 12% in 9 months
Company raised revenues to EGP 13.2bn, up from EGP 9.6bn
100,000 TVs sold in September
Televisions sales in the Egyptian market reached 100,000 devices in September, according to the German market research institute GfK, while Samsung topped the market with a share of 35% maintaining its top spot in the Egyptian market. “The Samsung screen factory in Beni Suef has contributed significantly to launching products with world-class technology at competitive …
Mobile sales increased 30% in September
Samsung tops the market and accounts for 43% of sales
War of banners rages among mobile manufacturers
The Egyptian market is one of the promising markets and has many growth opportunities in the field of selling smartphones, supported by the potential of 100 million consumers, of whom less than 50% have 4G-enabled smartphones. Local competition is at its highest between Samsung, which controls the largest market share at over 40%, and Chinese …
Jumia expects 18 million visitors for its Black Friday offers
We invested EGP 70m in this year’s discounts: Safwat
Bango, Victory Link cooperate to offer mobile payment service in Egypt
Bango, the company specialised in mobile payments, has announced that it will expand its operations in Africa by partnering with Victory Link in Egypt. As a result of this new relationship, stores that use the Bango platform and its merchant partners will be able to spread payments via mobile bills of the three mobile operators …
Rich Communication Suite and the future of mobile industry
Global mobile usage has tripled over the last five years, as noted by GSM Association (GSMA), a trade body consisting of international mobile operators. With the skyrocketing number of mobile phone users, text messaging remains one of the most interactive channels for key mobile operators today—making the next-generation, GSMA-initiated Rich Communication Suite (RCS) a major …
Cairo Opera House works with E7gezly to provide online ticketing
Cairo Opera House announced a new partnership with E7gezly, the digital ticketing provider in Egypt and an A15 portfolio company, to simplify ticket purchases and event entrance experience for its customers. E7gezly will be working alongside Fawry, which will be providing the payment processing component of the service. The partnership with E7gezly will introduce online …
China’s VIWA offers leisure trips, commissions to stimulate domestic sales
The company offered trips to Dubai and the Czech Republic, as well as provided commissions up to 2.5% of total sales
Samsung increases commission for dealers selling J7
While the Egyptian market is witnessing a fierce competition among mobile phones manufacturers, Samsung Egypt increased commissions for the sale of the new J7 for the models “J7 CORE-J7PRO”, as an attempt of boosting the sales of the device in the Egyptian market. Samsung Egypt revealed an increase in dealers’ commissions for the J7 CORE …
How did Egyptians use their mobile phones in 2017?!
Egypt has nearly 100 million mobile phone users according to the Ministry of Communications and Information Technology (MCIT), but for what purpose do the Egyptians use their mobile phones? A recent report by the MCIT showed that about 87% of the Egyptians use their mobile phones to conduct and receive calls. The report relied on …
Trend Micro survey finds ransomware threatens businesses in Egypt
Trend Micro Incorporated, a global leader in cybersecurity solutions, conducted a survey in partnership with Enterprise, the daily e-news round-up of economics, business, and most important news, which was designed to uncover the threat of ransomware in Egypt. Aimed at top business leaders, a quarter of the survey respondents were c- suite executives, while about …