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B.TECH signs partnership deal to launch its online store on Jumia
Egyptian consumer electronics and household appliances retailer B.TECH is partnering with Africa’s largest…
Telecom Egypt records $217 mln profits in H1 of 2023 – report
Telecom Egypt reported on Tuesday a net profit of 6.7 billion Egyptian pounds ($217 million) in the first half of…
Jumia loses 1 million customers in Nigeria, Ghana, Egypt
Jumia, Africa’s e-commerce giant firm has posted its financial results for the second quarter of 2023, showing a…
Tesla launches cheaper versions of Model X, Model S
Tesla, the US-based electric vehicle maker, launched cheaper versions of its Model X and Model S vehicles in the US…
Mastercard to purchase minority stake in MTN’s fintech arm for $5.2 bln
South African telecommunications company MTN has signed on Monday an initial agreement with global payments giant…
Zain KSA to launch world’s 1st zero-carbon 5G network in Red Sea
Zain Saudi Arabia has partnered with Red Sea Global (RSG), the developer behind the tourism projects The Red Sea…
Australian court fines Dell unit $6.5 mln for misleading discounts
Australia’s Federal Court has on Monday ordered Dell Technologies’ local unit to pay $10 million Australian dollars…
Goldman Sachs forecasts global AI investments to hit $200bln by 2025
Goldman Sachs Research estimated the profound impact of the Artificial intelligence (AI) to reach a staggering $200…
Egypt’s Fawry earns EGP 324mln net profit during H1
Egyptian digital payments company Fawry said on Sunday a 42.4 percent year-on-year growth to record revenues of…
Egypt’s NileSat posts $19 mln profits in first half of 2023
The Egyptian Satellite Company, NileSat has revealed that that its profits rose by 3.19 percent to record $19…