Latest in Technology Highlight
Latest in Technology
Amazon close to launching new streaming service
Amazon is reportedly a month away from launching a new subscription-based music streaming service. Once licensing agreements are signed, Amazon will enter a crowded market dominated by Spotify and Apple Music.
Slight growth in mobile, internet subscribers with 700,000 new customers
34.3 million internet users in May, says Ministry of Communications
WhatsApp to share users’ phone numbers with Facebook
The instant messaging app has updated its privacy policy, allowing owner Facebook more access to user data, including their phone numbers.
Orascom Telecom announces EGP 44m losses during Q2 2016
The company reported a 56.3% increase in revenues during the second quarter of 2016
5.2% growth in GDP of telecommunications sector during first quarter of 2016
EGP 13.8bn total investments in the sector over three months
220 hotels shut down as occupancy collapses in tourist areas
Fifty-four hotels have shut their doors in Sharm El-Sheikh, while 34 have closed in Hurghada
Huawei aims to increase market share to 30% with new products in 2017
Sales of the Huawei Y family of products recorded 500,000 mobile phones, says director of Huawei Egypt office
German court rules against predatory bidder on eBay
Ending a listing early on eBay is not against the law, Germany’s highest court has ruled, throwing out a claim for damages from a buyer, who has made a business out of suing sellers that cancel their auctions.
Vezeeta selected among top 20 emerging companies in Egypt
Forbes Middle East magazine has ranked Vezeeta among the top five start-ups in Egypt. Vezeeta is specialised in providing health care services online. The research team in Forbes Middle East sent a questionnaire to 350 start-ups in different fields, including TIEC, A15, Cairo Angels, Flat6Labs, and Sawari Ventures. The evaluation depended on the potential prevalence …
Cost of ADSL amounts to $6.4 during Q1 2016
Service cost declined by 36.3 % compared to 2015, says communications ministry
Seamless Waves invention reduces battery consumption for mobile devices by 200%
Mobile phones have an electric circuit for each service: Bluetooth, Wi-Fi, 3G, and 2G; Hassan Aboushady invented one electric circuit for all these wireless communication services
Slight growth of 1.3% in mobile users in Q1 2016
Internet users drop by 1.4% compared to the fourth quarter of 2015
Twitter axes 235,000 more ‘terror-related’ accounts
The social media giant says it has closed nearly a quarter of a million accounts with links to terrorism since February. The action follows growing criticism that Islamist extremists are winning a “digital jihad.”
Lenovo profit up, but PC business sluggish
Chinese technology giant Lenovo has reported a decent jump in quarterly profits. A closer look at its business figures revealed that the positive result was mainly due to cost-cutting measures, while PC sales slumped.
Low prevalence of smartphones, 4G service launch are opportunities to boost Infinix’s growth in Egypt: Andy Yan
Transsion Holding has two trademarks in Egypt to provide a variety of devices to all customers
Buseet launches new line between Maadi and Nasr City
Buseet, an online mass transit company, is implementing strategic plans that focus on expanding its services across Greater Cairo, according to Amr El-Sawy, CEO of Buseet. A new line for mass transit has been launched to transport people between Maadi and Nasr City—the company’s second line after its October-Fifth Settlement line. The new line includes …
TIEC accepts 10 companies for START contest first stage
Contestants will develop creative solutions for six major challenges
Huawei increases product prices again by 4.5%
Company increases prices for second month in a row
Uber increases investment in Egypt, MENA
Uber Egypt reaches a record 30,000 drivers, commits to EGP 500m investment given rapid success
Telecom Egypt revenues increase by 10% during first half of 2016
TE’s retail activity grew by 20%; the company controls 76% of the ADSL market
Thumbs to the rescue: Digital volunteers put vulnerable people on the map
Imagine you can help relieve disasters as they happen – by using your smartphone. NGOs have used crowdsourced information to locate vulnerable people for years. But can a mapping app really save lives in times of crisis?
Payfort offers instalment service for e-commerce websites in cooperation with CIB
Payfort, a company specialised in electronic payment services in the Middle East, has started offering customers of the Commercial International Bank (CIB) a service by which they can pay for products purchased on e-commerce websites in instalments. The instalment programme is one of the most successful means of enabling e-commerce websites to increase their sales, …
App-savvy company Instabug is here to fix your problems
The company, created by two young Egyptians, has seen its popularity soar amid a growing market for startups in Egypt. Daily News Egypt sits down with Instabug founders Omar Gabr and Moataz Soliman to learn about the company’s plans for the future
Global Telecom to launch 4G service in Algeria in last quarter of 2016
Djezzy, a subsidiary of Global Telecom, aims to launch fourth generation wireless services (4G) in Algeria this autumn, during the last quarter of 2016, according to an investment report by Global Telecom. The company explained that the 4G network is considered a major step towards supporting Djezzy’s situation after revenues declined during the second quarter …
The rise of political bots on social media
Automated social media accounts – bots – have become part of our political communication. Bot armies can influence online discourse and pick fights with users. But are all bots bad? Thomas Baerthlein reports from London.
Egyptian Competition Authority accepts reconciliation with Telecom Egypt
The company partly suspended internet services from September 2013 until October 2015
ArabyAds aims to expand affiliate marketing services in Gulf region
Internet marketing helps young people to boost their income on their own time, says CEO
Fed up with personal driver apps? Wait for Buseet
The goal is to encourage private car owners to leave their vehicles at home in favour of an affordable, comfortable means of public transportation
Vodafone customers use 29.7m minutes, 804m messages over 3 months
32,040 terabytes used through mobile internet services
Etisalat Egypt profits increase to EGP 540m, despite revenue drop
10.7% drop in company’s revenues