Latest in Technology Highlight
Latest in Technology

Arpu Plus to provide 3 banks, private universities with mobile messaging services
We expect 10% compound growth over the coming 3 years, says Nessim

Ineffective cybersecurity costs industrial firms $497,000 annually
Although the majority of industrial organisations believe they are well-prepared for cybersecurity incidents, this confidence may be not well-founded. Every second, ICS companies experienced between one and five incidents last year, according to a survey conducted by Kaspersky Lab. On average, ineffective cybersecurity costs industrial organisations up to $497,000 per year. The emerging industry 4.0 …

Samsung manufactures its most recent QLED TV in Beni Suef
The company plans to manufacture another household gadget over upcoming months

CIT focuses on innovation in its future strategy
The chamber allocated 10% of its budget to working groups

3mamin app seeks to attract EGP 1.2m in 2018
The application has 24,000 users and targets 40,000 by the end of the year: Sawaf

elmenus plans to expand in Africa, Middle East in 2018
A threefold increase in the number of visitors during Ramadan

Herzone for e-commerce aims to enter Saudi Arabia next year
We plan to deploy our services in the Middle East, North Africa, and the United States, says Hassan

1 million users joined the mobile services market in March
Subscribers increase to 100 million, Vodafone accounts for 70% of new clients

2.6 billion people to be connected to the internet over next 6 years
70% increase in mobile data over telecom networks: Ericsson

Egypt is the largest Arab country using Facebook with 17 million users
Lowest in context of population at 30%

£533m revenues of Vodafone Egypt in H2 of FY 2016/2017
The company’s revenues declined in H2 by £263m compared to H1 of the same year

Market is in need of good security solutions: sales and customer support director at Trend Micro
Company blocks more than 73,000 malicious URLs, 334,000 spam mails, 59,000 malware per month

WUZZUF launches its Internships programme for Summer 2017
WUZZUF, the recruitment website in Egypt, has announced the launch of their internship programme for Summer 2017. This is the second year in a row the site has offered opportunities at1,000 companies all over Egypt. WUZZUF internship programme aims to empower students and fresh graduates through an introduction to the market. Participants get the chance …

37% of shoppers use smartphone apps to buy goods during Ramadan
A report issued by Payfort expected that Egyptians will spend over 50% of their financial income on services and household goods during Ramadan. According to the report, during the month of Ramadan sales via the internet increase, before they decline during the Eid al-Fitr period. According to the indicators of the report, the percentage of …

Wasla plans opening branch in Assiut with capacity of 400 seats next year
Company contracted with 90% of charities, allocated 200 seats to receive donations during Ramadan, says Riyad

Samsung agrees with Raya, B.Tech, Mobile Shop to have its phones paid in installments without interest or down payment
The Egyptian market is promising despite economic shocks: Abo Zeina

Smartphone acquisition accounts for 50-60% of the market’s sales
80-85% of our products support 4G services

Samsung will increase its market share to 50% by the end of June
Sherif Barakat, the executive vice president of Samsung Electronics Egypt, revealed that the company is seeking to increase its share of mobile phone sales in Egypt to reach 50% by the end of June. He pointed out that the company accounted for 43% of the handsets market at the end of March. It increased its …

Local mobile sales drop 50% after flotation
Slight growth brings the decline up to 30% in the second half of 2017, says Wagih

Global mobile sales grow 9% in Q1 2017
Chinese companies increase market shares and press Samsung and Apple

Despite falling sales, Egyptian mobile market still has potential to grow
The Egyptian mobile market is suffering from the effects of the flotation of the Egyptian pound and the devaluation of the national currency against the US dollar, which hiked the prices of mobile phones. Prior to the flotation, the most expensive phone in Egypt sold at EGP 6,000; after the flotation, that jumped to EGP …

Global mobile sales grow 9% in Q1 2017
Chinese companies increase market shares and press Samsung and Apple

Mobile ransomware more than tripled in Q1 2017
US is most affected

Egypt’s mobile users increase by 4.5% in February
The internet market loses 840,000 customers

Cloud Predictions 2017
Cloud computing is moving at a dizzying pace. With cloud technologies evolving at such an irrepressible rate, it’s difficult to keep track of where it’s all headed. How will your relationship with the cloud change over the course of the coming year? A modern cloud must support and energise the cloud journey from any starting …

Egyptian FlyEx.aero aims at expanding in the Gulf and US
We are negotiating with a number of investors to get seed investment, says El-Masry

NTRA launches campaign on mobile markets this weekend
Campaign aims to confiscate unauthorised mobile devices and illegal mobile lines

World Telecommunication and Information Society Day
15.95% increase in the number of households that have a computer in 2016

The web can help Egyptian SMEs grow and reach more customers: Google MENA managing director
Lino Cattaruzzi is confident in the growth opportunities provided by digital infrastructure

41.6m calls to and from e-commerce companies during Q4 2016
Uber accounted for 58% of all calls related to requesting rides via smartphone applications