Latest in Technology Highlight
Latest in Technology
Exhibiting companies at ‘EgyptOn’ pavilion report €3.6m in projected sales
About eight Egyptian ICT companies expect deals worth more than €3.6m (approximately EGP 36m), after they participated at the GSMA Mobile World Congress 2016 held last month in Barcelona, Spain, according to an ITIDA press statement on Thursday. The companies participated in the event under the representation of the ‘EgyptOn’ pavilion, which is supported by …
Fresh fight for control over struggling Yahoo
An influential hedge fund has launched a bid to overthrow Yahoo’s entire board of directors. The fund cites a lack of results in the California-based firm’s battle to regain ground lost to rivals.
Carpooling app Raye7 looks to expansion plans as interest grows
70% of private cars in Greater Cairo have vacant places and Raye7 hopes to use this statistic to reduce traffic congestion
Former minister of communications named as Orange Egypt chairman
Egypt’s former minister of communications and technology Atef Helmy was named as chairman of Orange Egypt.
Smartphone makers brace for bumpy 2016
As Apple looks set to unveil new iPhones at its annual spring product debut at the company’s campus in Silicon Valley, leading smartphone makers are already grappling with market saturation.
10 unforgettable Twitter moments for its 10th anniversary
It has become an essential part of the Internet: The popular microblogging platform Twitter turns 10 on March 21, 2016. From politics to entertainment, here are some of the tweets that made it big.
Samsung increases the price of mobile, tablet, computer, smart watches
Samsung Electronics follows a “fair pricing policy” in the local market, says Barakat; traders indicate Samsung prices increased by 6% to 9.8%
ITIDA finances over 10 programmes to support SMEs
Agency assigns EGP 40m the EXPORT IT programme
Members of ICT, industry look to CBE initiative for growth
Members of both the industrial and commercial sector and the information and communications technology (ICT) sector expect the CBE’s initiative to positively impact their fields
Lack of financing main obstacle facing start-ups and small companies in IT sector
Sector suffers from a shortage in number of “angel investors”, says El-Gebaly
Will CBE’s initiative solve funding concerns for IT companies?
Egyptian banks, however, are seeking to make their loans more competitive with other funding sources to increase their funding share
Beta Technology Egypt negotiates with 2 banks to finance EGP 160m factory
We aim to manufacture VR glasses, wireless laptop chargers, says CEO
Ministry of Communications pushes tender to secure Administrative Control Authority networks
The ministry set 21 March as the deadline for companies to submit technical, financial offers
Moving beyond speed-of-paper, PFU provides businesses, government tools to digitise
Fujitsu subsidiary PFU limited generates over $1bn in turnover annually, says EMEA manager of public and social relations
Landlines lose 300,000 customers in November 2015
2.8% decline in users compared to October
Decline in number of internet users, mobile users increased month-on-month
3.3% decline in number of mobile-web users, according to Ministry of Communications report
Sony secures another stake in Michael Jackson’s music venture
Sony has said it’s buying another big chunk of late pop star Michael Jackson’s music venture. The Japanese are eying a 50-percent stake in ATV Music Publishing, owning titles by the Beatles, Marvin Gaye and others.
Intel launches initiative to provide technological solutions to students, SMEs
Technology increases small businesses’ productivity by 10%, says Khalifa
Hacker’s spelling slip foils billion-dollar bank heist
Last month, hackers plundered the accounts of Bangladesh’s central bank, making off with $80 million. It was one of the biggest banking heists in history – and it would’ve been a lot bigger were it not for a simple typo.
Game Over! AlphaGo defeats S. Korean grandmaster at Go
A computer program has claimed victory over another pre-emminent Go champion after winning its third consecutive game. DeepMind’s executive hailed Lee Sedol’s “incredible genius” despite the Go champion’s loss.
Samsung has a 27% market share in TV market, 60% in mobile phones: Barakat
We will launch the “Entalek” initiative to support entrepreneurs
Imposing taxes on Facebook traders expected to hit online businesses hard
Chairman of the Central Administration Tax Research Salah Yousif said the decree will impose taxes on electronic traders, rather than personal Facebook accounts, comparing it to a similar UK decree that imposed taxes on Facebook
Samsung begin plan to launch smart home appliances in Egypt
Samsung Forum 2016 revealed SUHD TVs and TabPro S
55.3% decline in proportion of spam messages in 2015: Kaspersky lab
The US is source of 15.2% of malicious e-mails
Samsung raises number of customer service centres in Egypt to 31
Decision to increase customs tariffs on electronic devices will not affect market prices, says head of consumer electronics
Ousta, another private taxi app to hit market in March: Ousta founder
We will start with 2,000 cars with the aim of increasing them to 10,000 by the end of 2016, says El-Batrawi
Etisalat Misr launched Expert Tech app with IBM MobileFirst
The new application aims to improve technical support offered to clients, and will reduce the cost of services by 15%
New social forms in gestation: Viber sets sights on Public Chats, expanded user base
Daily News Egypt interviewed chief marketing officer Mark Hardy who discussed the company’s current and future plans for growth, its main partners and supporters, and explained the new chatting services it offers
Ousta to launch in Egypt next March
Ousta adopts precise standards for the selection of drivers and cars: Batrawi
Apple tops list of highest value tech companies in 2016
The Apple brand is valued at $145.9bn, according to Brand Finance