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Tech news
Egypt’s telecom firms lose million subscribers in August
Egyptian telecom firms’ mobile phone subscribers fell 1.11 percent, or 1.07 million subscribers, to 95.29 million…
Egypt orders Apple to end ‘anti-competitive’ practices in market
The Egyptian Competition Authority has ordered multinational technology company Apple to end their…
SoftBank’s blockbuster IPO reaches $23.5 billion after extra share sale
SoftBank Corp priced its initial public offering (IPO) at 1,500 yen per share and will sell an extra 160 million…
Apple and Alphabet erase their gains for the year
Two of the biggest tech companies erased their gains for the year at Friday's close. Apple and Google parent…
Telecom Egypt, Liquid Telecom sign MoU with investments worth $400mln
Leading pan-African telecoms group, Liquid Telecom, and Telecom Egypt, Egypt’s first integrated telecom operator,…
Huawei founder’s daughter arrested on U.S. request, clouding China trade truce
The daughter of Chinese tech giant Huawei’s founder has been arrested in Canada and is facing extradition to the…
Cairo now home to Uber’s first minibus service globally
Uber has launched a new minibus service in Cairo, the first city globally to be rolling out the service, the…
Careem launches new bus service in Cairo
Careem has allocated $100 mass transportation in Egypt, launching its bus services in Cairo, Hadeer Shalaby,…
ATM’s transactions amount to EGP 750mn: Fawry CEO
Number of transactions which are implemented through automated teller machines (ATM) amounted to 750 billion pounds…
Microsoft’s market value overtakes Apple’s to close out week
Microsoft Corp’s stock market value closed above Apple Inc’s (AAPL.O) for the first time in eight years on Friday…