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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, …

Mohamed Alaa El-Din

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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 …

Daily News Egypt

ITIDA

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 …

Daily News Egypt

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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 …

Daily News Egypt

Internet market

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 …

Daily News Egypt

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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 …

Daily News Egypt

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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 …

Daily News Egypt

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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 …

Daily News Egypt

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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 …

Daily News Egypt

ITIDA

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, …

Daily News Egypt