Latest in Tag: Technology Highlight
Latest in Tag: Technology

Fawry financial transactions increase by 50% in Q1 of 2015
The company started working through a paid capital worth EGP 77m, of which 75% belonged to Egyptian banks and entities including: Amlak Egypt, AlexBank, the Information Technology Development Fund, the Arab African International Bank, Raya Holdingand HSBC.

Vodafone attracts 1 million clients using mobile money transfer services
Fixed Internet acquires 7% of company’s profits

Raya board approves offering 35m shares on EGX
30m shares of company capital to be offered in private placement for financially solvent investors

âInternet Revolutionâ targets communications companies over low-quality services
This phase of the campaign also targeted Internet companies and Telecom Egypt, in protest at hefty Internet prices and low-quality services.

Courtesy, honesty and self-confidence most important standards for choosing customer service agents: Official
There are important qualities and standards that phone companies seek in their customer service agents.

Value-added services play main role in customer satisfaction
Etisalat Egypt also offered its clients the chance to pay online through a virtual credit card called Flous, in partnership with MasterCard.

Dollar crisis, long procedures affect technology imports: Importer
CBE only covers requests for strategic goods despite lack of alternative local technological products, says importer

15% increase in customer service agents this year: Vodafone Egypt
Line sales increased by 23% due to services for deaf customers

Size of e-commerce to reach $13.2bn in Egypt, UAE, KSA by 2020
The report also stated that the most difficult challenge that faces e-commerce companies is their clientsâ trust for online payment methods. 16% of the companies believe that users accept these methods, while 13% of the companies say that clients consider them unsafe.

Committee formed to resolve Samsungâs tax, custom issues
We plan to increase our investments in Egypt through establishing three factories with $300m investments, says Chairman of Samsung
Infrastructure, proliferation of services keys to doubling TE’s revenues in a year: Experts
Losses started with Mobinil entering the market, and licences should not be issued without the development of the operatorsâ infrastructure, says Abu Quraish

Unified licence, national entity, Internet prices TEâs most significant issues
Management changes since 2000 have failed to make a breakthrough, says SSTE deputy head

Internet service, revenue increase Elnawawyâs most important Telecom Egypt achievements
Deterioration in relations with mobile companies is most prominent failure of former chief executive

Telecom Egypt back to square one
By Mohamed Alaa El-Din and Aisha Zedan Many years were wasted in negotiations between the Ministry of Communications and Information Technology and mobile companies on one hand, and the National Telecommunication Regulatory Authority (NTRA) along with the four phone operators on the other. The negotiations aimed at implementing the unified license, but things got complicated, …

Uber organises 1m rides in 305 cities worldwide: MEA Head of Expansion
Cairo caught our attention for its need for smart transport solutions due to population density, says Khoury

Saudi investor acquires 10% of Spreado
Our target is to increase the companyâs capital to reach EGP 250,000, says CEO

Flat6Labs approves 10 startups in Saudi market
Flat6Labs is a startup accelerator programme that aims at encouraging entrepreneurs to establish their own companies.

33 million Truecaller users in Arab region:Vice-President of MENA Growth Partnerships
Egypt is second largest market worldwide with 10 million users

Egypt Post studies implementing workersâ innovative ideas
“Invest Your Ideas” aims at improving authorityâs services, says official

Vidmy plans to attract 5,000 Arab clients by year-end
Revenues for customers are through video advertisements on their pages, says CEO

Vodafone invests EGP 4.5bn to develop its technological sector: Tech Director
EGP 420bn to buy electric generators and additional batteries to prepare for power outages, says Said

NTRA studies compensating private Internet companies
Private companies are suffering losses due to Telecom Egyptâs replacement of copper cables with fibre optic ones

Google evades taxes worldwide
Google is repeating a familiar story by avoiding tax payments, to achieve maximum short-term revenues, while ordinary people are left to pay the bill for basic services which directly benefit the company.

Vast growth in local Internet advertising in 2015
Advertising through the Internet is vastly growing during this period, said Natalie Youssef, CEO of Enova Digital Marketing & Advisory, noting that it grows with rates of more than 10% to date. She added that the industry grows steadily in the Middle East, especially Egypt. The North African country has all the major elements needed …

Middle East Internet advertising spending to reach $666.4m by 2018
An advertising spending report by strategy consultancy firm McKinsey & Company has shown that internet marketing is the second highest advertising means in terms of growth worldwide. The business is expected to achieve global annual growth of 9.6% between 2013 and 2018, with digital advertising spending expected to increase from $476.2m in 2014 to reach …

Startups complain over online advertising taxes
Facebook and Google’s lack of headquarters in Egypt gives companies profits without taxes

Jobzella to establish HQ in Dubai in 2016, further GCC expansion planned: CEO
Company targets increasing users from 150,000 to 500,000 by end of 2015

Protecting small enterprisesâ portable devices
Awareness and suitable technology can play an important role in making notable achievements, on guarantee of protection for portable devices and offering help to the owners of the emerging enterprises regarding their company and business.

Distributors push to halt supplies of collected subscription payments, company threatens legal actions
Shorter contracting period, changing commission system sparked TE Data crisis

Samsung spends $40m daily on research, development: HHP team product manager
we received more than 22,000 pre-orders, and the S6 Edge made up to 40% of the pre-orders, while the S6 made the rest of the 60%, says Zaki