Raya Foods, 30 Egyptian firms to export 400k tonnes of strawberries
Raya Foods, a subsidiary of Raya Holding, has signed a deal with 30 companies to produce and export 40,000 tonnes…
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Orange’s Egyptian revenues hit €367 million in H1
Telecom group Orange’s first-half revenues in Egypt reached around €367 million ($409.1 million) or 7.3 billion…
Vodafone Egypt revenues 13.6% up in Q1-FY2019/20
Mobile network operator Vodafone Egypt posted a 13.6 percent growth year-on-year in revenues to 6.2 billion…
Egypt’s Fawry unveils IPO but no details of price, size, timing
Egyptian digital bill payments company Fawry has selected EFG Hermes to lead its public offering, but no details of…
Egypt’s Raya to launch assembly electric cars in H2-2020
Raya Auto, a subsidiary of Egyptian Raya Holding, is planning to offer locally-assembled electric cars in the North…
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…
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…