Vodafone Egypt pre-tax profits hit €652 million in FY2020/21
Vodafone Egypt announced on Tuesday it posted profits before interest and tax worth €652 million (11.98 billion…
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Amazon Payment Services waives service fees for Egypt SMEs to support c.bank initiative
Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, announced…
Telecom Egypt, Sudanese telecom operator sign MoU to enhance international connectivity
Telecom Egypt and Sudatel Telecom Group (STG) signed a memorandum of understanding (MoU) to boost cooperation in…
Telecom Egypt is launching Hybrid Ring Path to link Africa with Europe by 2023
State-run Telecom Egypt is planning to launch Hybrid African Ring Path (HARP) by 2023, a new subsea system circling…
Etisalat Misr, Huawei announce completion of the first VoLTE call over Huawei innovative…
Etisalat Egypt continues to use Huawei virtualised solution, after the deployment of virtual Evolved Packet Core in…
Egypt Post is bringing a new AI and GPS-powered logistics management software
Egypt Post is trialing a new artificial intelligence (AI) and GPS-powered logistics management software provided by…
Telecom Egypt achieves 10% higher consolidated profits in 2020
State-owned Telecom Egypt recorded 4.9 billion Egyptian pounds in net income in 2020, up 10 percent y-o-y and…
Vodafone Egypt signs MoU to acquire 20% in fintech players Bee and Masary
Vodafone Egypt has signed on Wednesday a memorandum of understanding to acquire a 20 percent stake in each of Bee…
Etisalat Misr: 2020 revenues grow 22% y-o-y
Etisalat Misr, the Egyptian unit of UAE’s Etisalat Group, reported on Tuesday a 22 percent year-on-year growth in…
Orange Egypt says revenues grew 6.7% in 2020
Orange Egypt reported on Sunday a 6.7 percent year-on-year increase in revenues to €891 million ($1.1 billion or…
Egypt to sign deal with foreign firm to manufacture tablets locally soon – minister
Egypt is expected to sign an agreement within the first quarter of the year with one of the foreign firms to…
Orange Business Services to design, build Cloud-based ICT infrastructure for Egypt’s new…
Orange Business Services, the business services arm of Orange, announced on Tuesday that it will design and build a…
Vodafone Egypt service revenue grows to €371 million in Q3-FY21
Vodafone, the world's second largest mobile operator, said on Thursday its service revenue in Egypt grew by 4.2…
ICT Minister appoints 2 new Vice Presidents at ITIDA
Egypt’s Minister of Communications and Information Technology Amr Talaat has issued a decree appointing two new…
Egypt’s micro-lending app Cassbana raises more than $1 million from Distruptech Fund
Egyptian microfinance startup Cassbana announced on Sunday it has raised more than $1 million in a funding round…
ICT sector contributes 4.4% to Egypt’s GDP in FY19/20
The information and communications technology (ICT) sector has been one of the top growing sectors in Egypt…
Vodafone UK names Egypt’s Ahmed Essam as new CEO
Vodafone, the world’s second-biggest mobile operator, has named Ahmed Essam, Egyptian national, as the new CEO of…
UAE House of Experience set to launch Digital Mall in Egypt at end-February
The UAE House of Experience said on Sunday it is planning to launch the Digital Mall in Egypt by the end of next…
Egypt’s Sisi opens 24th edition of leading technology conference CAIRO ICT
President Abdel Fatah el-Sisi inaugurate the 24th edition of Cairo International Communication and Technology…
Mobile wallets in Egypt rise 17 % during the pandemic, NTRA
The number of mobile wallets in Egypt has jumped at least 17 percent to 14.4 mn between March and October as the…
Vodafone Egypt pre-tax profits at €316 million in H1-FY2020/21
Vodafone Egypt said on Tuesday it posted profits before interest and tax worth €316 million (around 5.7 billion…
Orange Egypt Q3 revenues grow to €226 million
Orange Egypt announced on Sunday that it had generated revenues worth €226 million approximately ($267.5 million or…
Telecom Egypt sees EGP 3.5bn profit in 9M
Telecom Egypt achieved consolidated net profits of 3.53 billion Egyptian pounds during the first nine months of…
STC, Vodafone UK are still in talks for Vodafone Egypt stakes
Saudi Telecom Company (STC) and Vodafone UK are still in talks for the former to purchase the stakes of Vodafone…
Etisalat Misr third-quarter revenues rise 18% year-on-year
Etisalat Misr, the Egyptian unit of Etisalat, sustained a quarterly revenue growth momentum, reporting an 18…
LG Egypt to invest $50mn in manufacturing facilities over 3 years
LG Egypt to invest $50 million in manufacturing over the coming three years to boost its household appliance…
Vodafone names Mohamed AbdAllah as new Egypt CEO
Vodafone, the world’s second-biggest mobile operator, has named Mohamed AbdAllah as its chief executive officer…
Raya’s E-payment arm, Aman, will offer stakes in EGX next year
Raya Holding's electronic payment arm, Aman for E-payment Services will finish formulating a plan for an initial…
Saudi Telecom says no agreement reached on Vodafone Egypt stake
Saudi Arabia’s largest telecoms operator, Saudi Telecom Company (STC) said on Sunday no deal has been reached to…
Saudi Telecom likely to cut cash offer for Vodafone Egypt by 30% – analyst
Saudi Arabia’s largest telecoms operator Saudi Telecom Co (STC) is expected to cut its non-binding $2.39 billion…
Egypt first country to receive Uber’s intercity bus service in
Uber announced the launch of its first ever intercity bus service in Egypt with roundtrip routes between Cairo and…
Egypt’s NTRA imposes an extra 5 percent on imported mobile phones
Egypt’s National Telecommunications Regulations Authority (NTRA) has imposed an extra charge of 5 percent on all…
OPPO pledges EGP 5 million to support Egyptian families affected by coronavirus
Chinese smartphone maker OPPO is donating 5 million Egyptian pounds ($308,362) in form of food boxes to support…
Jumia says e-commerce rises 80% in Egypt amid coronavirus outbreak
E-commerce sales in Egypt have gone up 80 percent within three months amid the coronavirus pandemic outbreak, says…
Careem sees recovery in Middle East business after 80% slump due to coronavirus –…
Careem Inc.’s ride-hailing business is seeing a recovery as governments in the Middle East began easing…
Raya Foods expects 20% annual growth over 5 years despite coronavirus
Raya Foods, a subsidiary of Raya Holding for Financial Investments, expects an annual growth of 20 percent over the…
TikTok takes issue of safety seriously for users
TikTok takes the issue of safety seriously for all its users and continues to further strengthen its safeguards…
57 areas across Egypt suffer poor connections during April
The National Center for ICT Services Quality Control at the National Telecommunications Regulatory Authority (NTRA)…
OPPO commits EGP 5 million to support irregular workers in Egypt affected by coronavirus
Chinese smartphone maker OPPO has donated 5 million Egyptian pounds ($316,732) to support irregular workers in…
Facebook Shops – a new feature to help small businesses amid coronavirus – seen in Egypt…
Facebook Shops – a new service Facebook announced on Tuesday to allow businesses to display and sell products on…