Latest in Technology Highlight
Latest in Technology

Careem targets expansion in 40 cities nationwide in 2017
We have agreed with a financing company to fund the purchase of cars for those who want to work for Careem, Shalaby says

Prices of Samsung TVs fall by 8.1% in February
The prices of Samsung televisions saw drops in February by 3.9-8.1% as part of a plan to expand in the Egyptian market and acquire a larger share. Price lists sent to its distributors, and obtained by Daily News Egypt, indicated that the price of the 32-inch smart television decreased from EGP 5,790 in January to …

IBM invests $70m to bring digital skills to Africa through Watson platform
IBM, listed in the New York Stock Exchange (NYSE), announced that it will invest $70m in building and developing digital, cloud, and cognitive IT skills to help support a 21st century workforce in Africa. The initiative, “IBM Digital – Nation Africa”, provides a cloud-based learning platform designed to provide free skills development programmes for up …

Discovery Education, EKB celebrate 1st anniversary by launching Curriculum Connect
Curriculum Connect to deliver education to 50,000 Egyptian schools

INJAZ Egypt launches its retailored startup programme
INJAZ Egypt has launched its retailored startup programme. The new improved programme, according to a press release, ensures that only the passionate, hardworking, and creative young entrepreneurs can successfully launch their businesses in a nurtured entrepreneurial environment. The statement noted that the new pipeline is being conducted in two phases. The first phase is a …

Egypt assigns legalisation of online cab-booking to Investment Ministry
The company follows up on the developments of the legalisation process to adjust its situation in the market, says Fakharany

How to benefit from e-learning initiatives?
The Ministry of Communications and Information Technology (MCIT) has opened the door for graduates of 2006 and onwards to join its e-learning initiatives, which has been launched to train and qualify Egyptian cadres on the latest technology in the fields of telecommunications, information technology, and electronics. MCIT is leading the implementation of this initiative through …

HTC sales increased by 40%, although overall market sales dropped by 10%: HTC Middle East & Africa President
More than 70% of our employees are focusing on R&D

Careem targets 30% month-on-month growth in business size in Egypt during 2017
Careem Egypt aims to achieve a 30% month-on-month growth rate in the size of its business throughout 2017, according to Careem’s Cairo General Manager Hadeer Shalaby. Careem is an online transportation company that connects passengers with drivers via a mobile application. Shalaby told Daily News Egypt that the company also aims to increase the number …

Vodafone gains 623,600 subscribers from July to September 2016
Data usage services increased to 39.15m terabytes

How could Sony Mobile change the future of selfies?
One-third of the participants in the survey would feel more secure if banks replaced passwords with selfie photos

Egypt exports talent to the world: LinkedIn
33% of Egyptian professionals assume senior positions when back

Samsung agrees with major outlets to enable instalment services for home appliances and mobile devices
5% expected decline in value of mobile sales in 2017

Internet users increase by 8.8% in October 2016
Mobile, ADSL subscribers increase significantly

Careem expands services to include 3 new Pakistani cities
Careem, the company specialised in booking cars through a smartphone application, has announced that it will expand the range of its services to include more than 50 cities in the Middle East and North Africa, South Asia, and Turkey, as the company launched its services in three new cities in Pakistan. “Our main goal is …

Significant decline in quality of mobile voice services in November
Improvement in mobile internet connection, says NTRA
We are optimistic about 2017, we will continue to grow: Xerox Egypt
We have over 30% share in the A3 printing and copying market, says Duffelen

K5 Middle East announces construction of first manufacturing facility in Middle East
K5 Middle East, a firefighting products, solutions, and technologies company, announced the construction of its first manufacturing facility in the Middle East in Amman. The announcement was made on the sidelines of the company’s participation in Intersec 2017, the trade fair for security, safety, and fire protection taking place from 22-24 January at the Dubai …

ICT sector tops state’s fastest growing economic sectors
Sector grew by 11.2% in Q1 of FY 2016/2017

China’s Tsinghua to build $30 billion chip factory
China’s largest chip maker has announced it has secured state backing for a new semiconductor factory in the city of Nanjing, which is intended to reduce China’s dependence on foreign chip technology.

Prices of Samsung TVs increase in January
The televisions’ prices range between EGP 5,800 and EGP 49,000

Samsung phones bear new price increases in January
The local mobile market in Egypt is expected to continue shrinking throughout 2017

OPPO inaugurates new after-sales centres in Egypt
Inaugurating a new centre in Ismailia in a few weeks, says Shi

Lenovo aims to double share in Egyptian market in 2017
30% decline in the number of sold mobiles during 2016, says Salem

NTI agrees with ETIT to locally manufacture tracking devices
The National Telecommunications Institute (NTI) and the Egyptian Company for Tracking and IT services (ETIT) signed an agreement to locally design, manufacture, and market vehicle-tracking devices. The signing ceremony was attended by Minister of Communications and Information Technology Yasser Al-Qadi. This comes in the framework of the state’s steps to activate the presidential initiative “Egypt, …

Swedish ambassador discusses cooperation in innovation, entrepreneurship with ITIDA
During the meeting, ITIDA discussed their efforts in industry development and support for domestic companies through a number of special skills development programmes and information technology

ITIDA, Al Quiyadia Saudi Group discuss sponsoring ideas to support technological innovation
The Information Technology Industry Development Agency (ITIDA) and Al Quiyadia Saudi Group are in talks to discuss cooperation in the field of innovation and technological creativity. ITIDA CEO Asmaa Hosni and Al Quiyadia Saudi Group CEO Mohammed bin Hamad Al Ajami held a meeting on Monday to discuss the issue. This includes cooperation between the …

Transsion acquires 20% market share in mobile market in 2016
Transsion, the brand that owns TECNO, itel, and Infinix mobile phones, acquired 20% of the mobile market share in 2016, according to regional business development director Mohamed Ismail. According to Ismail, the last quarter in 2016 saw the least sales in the mobile market in general due to the Egyptian pound’s flotation in November. He …

Silicon Waha creates technical designs for mobile phone factories in technological zones
Silicon Waha is currently working on the technical designs for factories planned to be established in two technological zones at Borg El Arab and Assiut, according to chairperson of the company’s board of directors Ahmed El-Sobky. El-Sobky told Daily News Egypt that the construction of mobile phone factories differs from other factories; therefore, the company …

Vezeeta seeks expansion in Arab Gulf, Jordan, Lebanon in 2017
The company seeks to increase bookings to 100,000 per month by the end of 2017