Latest in Technology Highlight
Latest in Technology

Fawry, Ministry of Interior negotiate over civil affairs e-payment solutions
Five new financial services sought in cooperation with banks during 2015, says Sabry

Intel, education ministry trained over 500,000 teachers: Corporate Affairs Manager
Economy, social issues in Egypt are opportunity to boost entrepreneurship, bureaucracy, legislations, copyrights are prominent challenges

Egypt not sluggish joining entrepreneurship field: Intel Programme Manager
The government can provide bigger market for small businesses by introducing law allowing a percentage of big company contracts to go to small companies

Local alliance, banks negotiate to discuss financing of PPP projects
We are preparing to participate in the qualifying tender once it is launched, says Fayyad
Microsoft plans acquisition of Israeli company developing touch services
By Sally Saad US technology company Microsoft will purchase Israeli company N-trig, specialised in fast-response touch techniques and digital pens, with a total cost of $200m. The 190 company’s employees will be moved to Microsoft to be part of a research centre developing the touch technology and digital pens, according to Israeli newspapers Yedioth and …
Egypt Post committee formed for real estate investment: Chairman
15 buildings affiliated to Egypt Post identified for solar power generation utilisation

Google to support next wave of mobile app developers in Egypt
Google’s initiative with Ministry of Communication and Information Technology will cover two years, aims at empowering young talents
Independent union files 4 lawsuits to prevent the disassociation of Telecom Egypt from Vodafone
By Mohamed Alaa El-Din The Independent Trade Union of Workers at Telecom Egypt (TE) filed four lawsuits to stop the disassociation of TE from Vodafone in order to protect workers’ rights and the 5% lobby of minority shareholders. The case has been registered in Cairo and the first hearing was set for the 9 April. …

EGP 4.5bn total sales of dual-SIM smart phones in 10 months
By Mohamed Alaa El Din The smart phone market in Egypt witnessed a retreat in the sales of dual-SIM smart phones at the end of October to reach 70.9% of the total market sales compared to 75% last August. According to a report by GFK, the total sales of dual-SIM smart phones reached 463,400 devices …

Postal Authority contracts with 6 companies to manage stock market portfolios in stock market
Khaled Negm, Chairman of NPA, said that the contract was relevant for a limited practice tender in June 2014, with 18 companies registered.

Souq.com to launch new e-commerce learning project in Upper Egypt
Website to negotiate with the government to make an e-commerce companies audit

2.8 million double-camera phone devices sales locally in 10 months
Single-camera devices sales during the same period reached 249,000 devices with a market share of 42.3% of total mobile phone sales during last August.

30% growth in Huawei’s consumer business revenue in 2014
Sales of the latter were more than 2m pieces in the three months since it was launched in September.
Ministry of Communications offers mechanised traffic project tender
By Mohamed Alaa El-Din The Ministry of Communications and Information Technology offered a tender to develop traffic services using information technology, aiming to improve and develop traffic services. The only method currently used in traffic units is direct interaction with employees, according to a ministry official. The ministry’s development plan includes five steps: a centralised …

ITG close to agreement with oil companies to recycle electronic waste
We aim to recycle 100 tonnes a month during 2015, says CEO

Android continues to increase its market share at others’ expenseby
Android continued, in the Q3 2014, to dominate the market according to IDC, having gained 84.4% of the market by the end of the quarter, compared to 81.2% for the same period in 2013.

Samsung Egypt hires 15 Korean experts to improve after-sale services
Regarding the decline of Samsung’s market share in 2014, Al-Gamal emphasised that the company still has a local market lead.
Telecom Egypt resorts to appeals court to annul interdependence case verdict
The verdict came out in favour of Vodafone

National Postal Authority projects in 2015
Daily News Egypt prepared a list of the most important projects that are planned to be run by the authority during 2015.

Samsung sells EGP 5.5bn-worth of smart phones in Egypt over 10 months
Samsung represented the largest share of smart phone sales on the market, with 72.9% or EGP 5.5bn in sales over the 10-month period, according to the report.

Less than 4,000 Egyptians transact online: Egypt Business Directory
Despite fast penetration of internet in Egypt, e-commerce remains slow in growth

TE provides infrastructure services worth EGP 15bn to Vodafone, Mobinil
TE offers international telecommunications services for mobile operators as commercial alternative instead of their obtaining international gateways licence

2014: The year Samsung’s throne shook
The entrance of new players onto the market will force the company to waive a portion of this share, especially for products that compete in the Android field.

Vodafone monitors EGP 9.5bn investments in Egypt over 3 years
We increased infrastructure investments by 40%, says Al-Hegazy

Saudi company acquires controlling stake in professional network Jobzella
We are taking advantage of a new round of investment by expanding to the Gulf, says Batrawi

Telecom Egypt experiences profits drop in 2014
TE’s revenue amounted to EGP 9.1bn during the first nine months of 2014, compared to EGP8.3bn for the same period last year, according to a company statement.

IBM predicts 50% growth in cloud computing in Egypt by end of 2015
ITIDA and IBM launch 2nd phase of joint-initiative to help telecom SMEs enter new markets

Lenovo to lead Egyptian computer sales by end of 2015: CEO
Lenovo spends $3bn globally per year in research and development, says CEO YasserShaheen

30% growth target in 2015: Dell sales manager
2014 figures targeted 20% growth, but company reached only a “not acceptable” 10%, says distribution sales manager

E-finance launches new “Banzenty” app
New app provides details on the nearest petrol station