Latest in Technology Highlight
Latest in Technology

Outsource technicians demanding to join TE or TE Data
The company avoids hiring them for not giving them financial benefits to their original employees

Agreement signed between Fawry, B.Tech for customers’ instalments
The demand for instalment services has increased in light of the current economic conditions in Egypt. Nevertheless, an investment opportunity is created for electronic payment companies to represent the link between the installment customer and the collection, especially that Egypt aims to implement financial coverage. Fawry, the main electronic payment network in the Egyptian market, …

Mobile internet users up by 10% in August
The Internet market attracted 3.5 million new clients in August, compared to the same period last year. According to a report of the Ministry of Communication and Information Technology, mobile Internet had a significant impact on the growth of Internet users in Egypt. The report explained that the number of mobile internet users increased by …

Jumia negotiates a number of banks to offer new payment solutions to buy online
We will soon launch the instalment service in cooperation with Aman Financial Services, says Safwat

How can Egyptian companies benefit from ITIDA’s Africa Together program?
The Information Technology Industry Development Agency (ITIDA) launched the Africa Together programme to boost Egyptian IT companies’ exports. The programme comes in cooperation with the International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. Africa Together is part of ITIDA’s …

TE added 22,000 new customers to fixed-line services in August
Telecom Egypt (TE) added 22,100 new customers to its fixed-line services in August, according to a report by the Ministry of Communication and Information Technology. The number of customers increased from 6.25 million customers in July to 6.27 million customers in August. Despite the growth in the number of customers in August, the number of …

ADSL attracts 10,000 clients in August
The fixed Internet sector (ADSL) attracted 10,000 new clients in August. According to a report by the Ministry of Communication and Information Technology, the number of ADSL subscribers in Egypt increased from 4.91 million in July to 4.92 million in August. Internet users have increased by 1.4% in June over May, rising from 34.3 million …

Mobile market loses 360,000 clients in August
Vodafone attracts 100,000 subscribers

IKU begins operating in Egypt, aims to lure traders
The competition in Egypt’s smartphone market is strong and fierce among brands dominating the market share of larger market sales, such as Samsung (which controls more than 40% of the market). Strong Chinese companies are achieving good returns and achieving rapid growth rates. IKU, which began its business in the Middle East in 2014, has …

How much revenues will TE realise by increasing landlines subscription fees?
Telecom Egypt (TE) raised the fees of landlines subscriptions last week starting from October bills. The company attributed the increase to the rise in costs following the float of the pound. This raises the question: how much revenues will be realised from this? TE changed to fees to EGP 15 per month, up by EGP …

CIB Smart Wallet partners with Careem Egypt to promote e-payments
The Commercial International Bank-Egypt (CIB) announced collaboration model with Careem-Egypt for the first time in the local and regional markets The new partnership provides Careem-Egypt with an integrated set of digital financial solutions to efficiently manage the incentives and payments disbursement to company captains via CIB Smart Wallet. Careem staff can also deposit and withdraw …

22% growth in electronic payments market in Egypt throughout 2016
The volume of electronic payments market by 2020 will amount to $14bn

Decline of purchasing power reduced mobile phone sales by 30%
The company will inject EGP 70m to establish an assembly line of washing machines

Bee focuses on financial inclusion with bundle of services, deals
We will utilise the recent investment to expand our products portfolio, says Abo Khadra

Uber opens regional customer service centre in Egypt next Tuesday
Uber’s Vice President and Head of Operations of Europe, Middle East, and Africa set to attend the opening

ITIDA discusses with NxtVn establishing outsourcing centre in Egypt
Strengthening of strategic relations through an agreement with ITIDA

Bee agrees with TE to provide self-payment machines
We supplied some machines as a first phase for a trial: Abo Khadra

How Dsquares changed the concept of loyalty programs ?
Dsquares works with top local & international brands like Vodafone Egypt, Orange Jordan, NBE

New prices may affect customer consumption: Vodafone
We have submitted a different proposal for repricing cards six months ago, NTRA rejected it, says Essam

Xiaomi, Huawei amend mobile phone prices in September
Xiaomi announced its price list for its mobile phones in September. The price list included eight different kinds of smartphones. The company’s mobile phones’ prices ranged between EGP 2,099 and 7,999. Xiaomi company for electronics is planning to open three customer services and sales centres in the Egyptian market during this September as a first …

‘We’ logo: amalgamation of the four classical elements
Prepaid cards and logo designs are available on Shutterstock

Vapulus aims to attract $3m of investment in 6 months
Company has devised a sophisticated application for electronic payment solutions that is more secure than the current payment methods

How will the mobile market change after fourth operator joins?
The competition will focus on which SIM will be the main for customers: El Laithy

7% expected growth in Middle East’s booking flights via Internet
Cairo, Dubai, and Bangkok are the main destinations for tourist trips, according to Tajawal

Herzone.com monitors Egypt’s online shopping trends during summer
80% growth in mobile purchases, while school supplies and bags are the best sellers

Infinix nears completing contract with TE
Market sales have regained growth and have approached one million units per month, says Wagih

Samsung announces release date of Note 8 in Egypt
Samsung Egypt is opening the door for the early booking of its newest Galaxy device, the Note 8, starting from 17 September to 4 October. According the official Samsung Egypt page, the price of the device will be about EGP 18,000, while the early booking requires a down payment of EGP 3,000. The Korean company …

How to benefit from ITIDA’s commercial trips programme?
The Information Technology Industry Development Agency (ITIDA) launched a commercial trips programme, which is a special funding programme with the aim of promoting Egyptian companies’ exports and increasing their presence in foreign markets. The programme allows Egyptian companies to participate in international events and foreign exhibitions individually as an exhibitor, a visitor in the event, …

Mobile market lost 11,000 clients in June
Internet gains 71,000 new users

Lenovo depends mainly on achieving proliferation for its strategic plans for the coming period
The liberalization of the exchange rate contributed to the stability and availability of the currency: Shaheen