Vodafone Egypt posts pre-tax profits of $592 mln at end-FY2019
Mobile network operator Vodafone Egypt posted profits before interest and tax worth 10.10 billion Egyptian pounds…
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Egypt imposes 18% tax on social media ads
The Egyptian government has started collecting 18 percent on the value of advertising services on social media…
Mobile penetration in Africa reaches 81%: Huawei Business development head
Huawei Business development head said that the mobile penetration in Africa reaches 81%, in addition the 5G…
Egypt’s Fiber Misr to launch Africa-based submarine cable firm mid-April
Egypt’s telecommunications and IT systems integrator, Fiber Misr announced on Tuesday it plans to launch a new firm…
Vodafone Egypt invests $219.3 million in FY2018/19
Mobile network operator Vodafone Egypt invested nearly 3.8 billion Egyptian pounds ($219.3 million) during the…
Egypt’s e-Fianance increases its authorised capital to EGP 1.5bln
The General Assembly of Egypt's financial institutions operation company e-Finance has approved the increase of…
Smart Villages negotiates with 4 investors to build hotel with EGP500mln investments
Smart Villages Development & Management Company is negotiating with four Arab and foreign investors to launch…
Egypt’s Sawiris to invest $300 mln into Italy
Egyptian billionaire Naguib Sawiris said that he seeks to invest $300 million in Italy during the upcoming period…
Fiber Misr to invest $600mln in establishing 5 subsidiaries
Egypt-based telecommunications and IT systems integrator, Fiber Misr, unveils its strategic plan during 2019,…
Mobile phone users decrease in October 2018 to 94.3 million
The number of mobile subscribers in Egypt registered 94.3 million in October 2018, decreasing by 276,000…