Latest in Technology Highlight
Latest in Technology
Samsung and Huawei prices up by 11.1%
Galaxy S7 at EGP 10,400 and P9 Plus at EGP 7,500
e-finance begins automating agricultural holdings documents
We are applying the system in two phases, and we began an experimental phase in Ismailia, says Sarhan
Ousta negotiating investment of EGP 50m in 2016: founder
Service available in 10 cities through 4,000 cars, plans to increase to 10,000 cars by end of 2016
3.2% growth in fixed telephone subscriptions in April
Telecom Egypt adds190,000 new customers
Infinix to sell 1.5m smartphones locally by the end of 2016
Infinix Mobility, a brand of Transsion, targets to sell 1.2m to 1.5m smartphones by the end of this year. According to Andy Yan, vice president of Transsion Group, the company aims to reach average sales of 120,000 units per month during the second half of 2016. Yan added that the company seeks to expand into …
Pokemon Go warning triggers Nintendo stock slump
Nintendo shares have taken a deep dive after the company warned the Pokemon Go mania would only have a limited impact on net profits. Investors had been hoping for a big leap forward in the months ahead.
Yahoo reported near deal to sell core assets
Internet pioneer Yahoo appears close to a deal to sell its core online assets to telecom giant Verizon. Several media reports hinted an official announcement was likely to be made in the course of Monday.
Internet market attracts 200,000 new customers in April 2016
Slight decline in number of subscribers, says Ministry of Communications
Orange Egypt net losses decrease by 63.3% in 2016
Orange Egypt’s consolidated financial results showed a decrease of 63.3% in net losses for 2016, according to the company’s stock exchange statement. The company’s net losses in the first six months of 2016 went down to EGP 33.4m, compared to losses amounting to EGP 91.1m in the same period of 2015. On the …
€390m revenues of Vodafone Egypt in Q4 of FY 2015/2016
Average revenues of Vodafone Egypt customers reached EGP 28.3 monthly
Zain, Ismail, Minister discuss 4G implementation plans
The Ministry of Communications and Zain agree to continue discussions
Communications Minister receives officials from TRANSSION to discuss local manufacture of mobile phones
The ministry’s short-term plan is to develop five key industries: mobile phone, GPS, LED bulbs, local production of screens, and solar power plants
Sophos continues cybersecurity innovation in the Egyptian market
Sophos is protecting over 200,000 customers and 100 million end users in more than 140 countries
Communications Ministry to launch talks about free zones, technological areas with industry, finance ministries
Mobile phone manufacturers demand exemption from custom duty on manufacturing components
ITIDA selects Borg El-Arab, Assiut to establish innovation centres outside Cairo
The establishment of the two innovation centres will cost EGP 100m
Payfort partners with Shopify to empower MENA’s startups
Online payment service provider Payfort partnered with commerce platform Shopify to help startups in the Arab region create online stores using the former’s online payment solutions. Businesses worldwide have created more than 275,000 online stores using Shopify, selling an estimated worth of $17bn of goods and services. Payfort’s merchants will be able to use Shopify’s …
Communications Ministry receives official letter from Kuwaiti Zain to obtain 4G licence
Too early to disclose how companies will choose to offer services from outside Egypt, says official
Japan’s SoftBank to buy British chipmaker ARM
The Japanese cellphone carrier SoftBank is buying the chipmaker ARM, the most valuable tech company listed in London. The deal is one of the most valuable in the European tech sector to date.
Facebook is Egypt’s most ‘positively’ perceived brand for second year running: YouGov BrandIndex
YouGov’s market research found, through interviews, that technological giants like Facebook, Google, YouTube are the most positively perceived brands in Egypt
Minister of Communications, Information Technology to meet with electronics manufacturing companies
The companies may ask for customs exemptions or reductions on the manufacturing components
Mumm and A15 join forces to provide home-made food online
Mumm is a digital platform through which customers can order home-cooked meals delivered to their doorstep
Russia uses the law to put pressure on internet users
More and more people in Russia are being given jail sentences for controversial posts on the internet. Simply questioning the annexation of Crimea is enough to lead to charges. Now, laws have been tightened once again.
Line messenger app shares soar in IPO
Priced high to begin with, Line shares shot up even further in value in its first day of trading. The chat app’s emojis have made it a hit in Asia, and investors seem confident that it’s success will spread.
Nintendo shares soar on ‘Pokémon Go’ mania
Shares in Japanese gaming giant Nintendo have extended their week-long rally as investors ride the coattails of the Pokémon Go craze sweeping across the globe, with an estimated 65 million user already playing the game.
Voice call quality continue to decline across all 3 major networks in May
Orange tops internet indicators, according to NTRA report
38.1% prefer Google Chrome in July
Internet Explorer was ranked fourth, preferred by 11.33% of internet users, followed by its newer version Microsoft Edge, which acquired only 1.9%.
Internet acquires 300,000 more users in April
Slight growth in mobile internet users and 190,000 new landline clients
Beta Technology Egypt holds session with Investment Ministry to complete establishment of new factory
We are in negotiations with banks to obtain funding in accordance with the CBE initiative for SMEs, says Hatem Hassan
Electronics Industry Committee develops a detailed plan to support, develop local manufacturing
The plan includes the manufacture of mobile phones, GPS, solar energy components, smart metres, and screens
Significant decline in quality of mobile internet in May: NTRA
The report also showed that Etisalat came in first place among mobile operators in terms of internet browsing quality, after testing 5,105 browsing attempts. None of these attempts were blocked, while only two were dropped.