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McDonald’s Egypt to fully automate its delivery operations
McDonald’s Egypt has partnered with automated home delivery solution provider Roboost to fully automate its…
Telecom Egypt secures Medusa subsea cable deal
Telecom Egypt finalised a deal to host AFR-IX Telecom's Medusa subsea cable which will connect to the Red Sea…
Telecom Egypt launches digital platform WeConnect to connect subsea cable systems
Telecom Egypt, Egypt’s integrated telecom operator, has launched its new WeConnect ecosystem, providing access to…
Alibaba plans to spin off Cainiao Logistics Unit for Hong Kong IPO
Alibaba Group said on Tuesday it is planning to spin off Cainiao Smart Logistics Network Ltd., the logistics arm of…
Algeria hosts African Startup Conference II in Dec
Algeria will host for the second edition of the African Startup Conference in December, according to a statement by…
Amazon to invest up to $4bn in AI start-up Anthropic
E-commerce giant Amazon announced on Monday that it will invest up to $4 billion in artificial intelligence (AI)…
Egypt’s Beltone unveils BelCash is rebranded to seven
Egypt’s Beltone Financial Holding announced on Sunday the strategic rebranding of its consumer finance subsidiary…
Cisco to acquire cybersecurity company Splunk in $28 bln cash deal
Cisco Systems announced on Thursday its acquisition of the cybersecurity software company Splunk for $157 per share…
European Commission fines Intel €376.36 mln for abuse of market power
The European Commission on Friday has just reimposed a fine of about 376.36 million euros ($400.26 million) on…
UK’s Zegona in talks to buy Vodafone Spain
British telecom investment company Zegona is in advanced talks with Vodafone about a potential acquisition of the…