Egypt captures 13% of startups investments: Magnitt
Egypt has captured 13 percent of the total startups venture capital investments in the Middle East recording $67.2…
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Telecom Egypt to invest $306.4 mln in new capital’s tech infrastructure
State-owned landline monopoly Telecom Egypt says it plans to invest nearly 5 billion Egyptian pounds ($306.4…
Egypt Post invests EGP800mln in a new logistics centre at Cairo Airport
Egypt Post, the governmental agency responsible for postal service, has inaugurated a logistics centre at Cairo…
Egyptian transport start-up Swvl plans IPO in 5-10 years
Egyptian transport technology start-up Swvl is planning an initial public offering on one of the stock exchanges in…
Careem introduces mobile recharge payment services in Egypt, UAE, Pakistan
Middle East ride-hailing business Careem announced on Thursday the launch of mobile recharge payment services via…
Vodafone acquires Egypt’s Vodafone International Services platform
Vodafone agreed on Monday to buy Vodafone International Services (VIS) platform, a subsidiary of Vodafone Egypt…
Vodafone achieves 90% 4G coverage in Egypt
Mobile network operator Vodafone Egypt has achieved around 90 percent 4G coverage over its entire network in the…
Vodafone to boost Egypt investments this year
Vodafone Egypt plans to invest additional 1.5 billion Egyptian pounds ($90.6 million), taking total investments in…
Infrastructure sector has 35% of EBRD’s Egypt portfolio
Infrastructure sector makes up about 35 percent of the European Bank for Reconstruction and Development’s portfolio…
EBRD says plans to open two more offices in Egypt in 2019 and 2020
The European Bank for Reconstruction and Development (EBRD) said on Thursday it aims to open two more offices in…