Egypt is promising market with supportive government: Samsung
Samsung Egypt, a leading electronics company, has expressed its confidence in the Egyptian market and its growth potential. The company’s Chief Marketing Officer, Ahmed Gaafar, said that the...
View ArticleVodafone Egypt invests EGP 300m in clean energy: Ayman Essam
Ayman Essam, External Affairs and Legal Director at Vodafone Egypt, said that the company is investing EGP 300m in clean energy as part of its strategy to achieve sustainable growth in the...
View ArticleY-Tech plans to produce sound systems locally to cut costs by 40%
Y-Tech Digital Security Solutions, a company that operates in the field of fire alarm systems, surveillance cameras, and access control systems, is in talks with a local manufacturer to produce sound...
View ArticleMEGAMIND negotiates EGP 4bn healthcare digitization project in Egypt
MEGAMIND, a digital healthcare solutions company, is in talks to digitize certain healthcare services in Egypt, with a project valued at EGP 4bn. The project is currently under study, and all details...
View ArticleEgypt’s e-serve adopts flexible strategy to support Vision 2030
Misr for Government Technology Services “e-serve” follows a flexible strategy that adapts to the changing market challenges and aims to achieve an innovative and sustainable digital future, according...
View ArticleEgypt rises to 3rd place in 2023 Offshore BPO Confidence Index
Egypt’s global standing continues to soar, garnering recognition from leading consultancy firms and organizations. A remarkable achievement sees Egypt climb from 11th to third place in just a year on...
View ArticleGeidea to launch IT academy in Egypt in collaboration with ITIDA
Geidea Egypt for Electronic Payments (Saudi Arabia) has announced that it will establish an academy in Egypt in collaboration with the Information Technology Industry Development Agency (ITIDA) to...
View ArticleEgypt Post reports EGP 4.4bn surplus for FY 2022/23
Sherif Farouk, Chairperson of Egypt Post, announced on Tuesday that the Authority’s Board of Directors ratified the budget for the fiscal year 2022/23, showcasing a remarkable net surplus of EGP...
View ArticleITIDA prioritises human resource training in collaboration with private sector
Hazem Mohamed Nabil, Executive Vice President of the Information Technology Industry Development Authority (ITIDA), highlighted the alignment of Huawei’s training initiatives with ITIDA and the...
View ArticleITIDA, Siemens forge strategic partnership to propel Egypt’s digital...
The Information Technology Industry Development Agency (ITIDA), serving as Egypt’s Ministry of Communications and Information Technology’s (MCIT) executive IT arm and a hub for foreign investors in IT...
View ArticleRaya Holding to launch IPO for its IT subsidiary in 1H 2024
Hossam Hussein, CFO of Raya Holding for Financial Investments, said the company plans to offer 30-35% of its subsidiary, Raya Information Technology, in an initial public offering (IPO) in the first...
View ArticleCommunications Ministry signs MoUs with 30 companies to build digital skills...
The Ministry of Communications and Information Technology and 30 international and local companies in the field of communications and information technology have signed several memoranda of...
View ArticleCIRA Education Plans to Invest EGP 700m in 2024
CIRA Education Holding Company, led by CEO Mohamed El Kalla, has announced its investment plan for 2024, which includes investments worth EGP 700m. El Kalla said in a press conference that the company...
View ArticleiSchool raises $4.5m to teach programming to children in MENA, Africa
iSchool, an Egyptian startup that teaches programming to children, has secured $4.5m in a funding round led by Capital Ventures Wave, an Irish venture capital firm. The round also included UK Capital...
View ArticleEntlaq releases semi-annual report on Egyptian entrepreneurship sector
Entlaq, a company that supports entrepreneurship, published on Monday a semi-annual report on the Egyptian entrepreneurship sector. The report shows the current state of the entrepreneurship sector in...
View ArticleNational Council for Artificial Intelligence reviews second phase of National...
The National Council for Artificial Intelligence, chaired by the Minister of Communications, held Monday a meeting to review the second phase of the National AI Strategy. The meeting discussed the...
View ArticleXiaomi, El Safy Group to launch TV, mobile screen factory in 2024
Xiaomi, the smart devices company, has finished building its factory in the industrial zone of 6th of October City in partnership with El Safy Group, the exclusive agent for Xiaomi in Egypt, Daily...
View ArticleSwvl rehires some of its employees, expands its services in Saudi Arabia in 2024
Youssef Salem, the Chief Financial Officer of Swvl for smart transport, said that the company has reached its targets in 2023 by becoming profitable. Swvl aims to increase its profits with careful...
View ArticleGovernment to launch IT free zone in SCZONE
A government document titled ‘Strategic Directions for the Egyptian Economy’ reveals the government’s plan to launch a free zone for communications and information technology (IT) in the Suez Canal...
View ArticlePaySky to launch consumer finance, digital savings services in 2024
PaySky, a digital payment company, plans to enter the consumer finance, digital savings, and digital investments sectors by 2024. Walid Sadek, the founder and CEO of PaySky, said that the company is...
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