Afreximbank reveals new plan targeting $90bln disbursement over 5yrs
The African Export-Import Bank (Afreximbank) has announced the inception of new five-year strategic plan that will…
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Research and Markets issues report on Egypt’s defence spends
Research and Markets has announced the addition of the "Egypt Defense Spends on Ordnance and Guns: 2016 to 2024"…
Libya pipeline restart cuts into oil rally
Oil prices rose on Tuesday but settled below session highs after Libya announced the reopening of pipelines after a…
Ride-hailing firm Uber partners Indonesian taxi operator Express
Uber Technologies and Indonesia's second-biggest taxi operator PT Express Transindo Utama Tbk announced on Monday a…
Syrian government drives rebels from swath of Aleppo
The Syrian army and its allies announced the capture of a large swath of eastern Aleppo from rebels on Monday in an…
TP-Link announces plans to partake in Cairo ICT 2016
TP-Link Technologies Co Ltd, a global provider of SOHO, SMB networking products and wireless LAN solutions, has…
HTC officially launch HTC Desire 10 lifestyle smartphone in Egypt
HTC, a pioneer in innovative smart technologies, has announced launching HTC Desire 10 lifestyle smartphone. The…
Google, Facebook take action to restrict ads on fake news sites
Alphabet Inc's Google and Facebook Inc on Monday announced measures aimed at halting the spread of "fake news" on…
Souq.com launches ‘I am Egypt’ initiative
Souq.com, an online retail market place in the Middle East, announced the launch of the “I am Egypt” initiative on…
Snapchat launches sunglasses with camera
Messaging app firm Snapchat has announced its first gadget - sunglasses with a built-in camera. The device, which…
Aleppo enters second day of bombing after Syrian army launches offensive
Warplanes bombed Aleppo on Friday with what residents described as unprecedented ferocity after the…
Renault, Nissan buy French tech firm to develop mobility apps
Renault SA and Nissan Motor Co announced on Tuesday they would buy French software development company Sylpheo as…
Oracle loggs $8.6 billion revenues during Q1-2017
Oracle Corporation announced fiscal 2017 Q1 results. Total Revenues were $8.6 billion, up 2% in U.S. dollars and up…
US regulators officially recall 1m Samsung Note 7 phones
US safety regulators have announced a formal recall of the Samsung Galaxy Note 7 after reports of fires caused by…
Sisi to swear in 6 new governors today: PM
Egyptian Prime Minister Sherif Ismail announced that new six governors would be sworn in before President Abdel…
Orange appoints Jean-Marc Harion as CEO for Egypt
Orange Egypt announced on Tuesday the appointment of Jean Marc Harion as Chief Executive Officer succeeding Yves…
GE to buy SLM, Arcam for $1.4 billion in 3D printing push
General Electric announced plans on Tuesday to buy two European 3D printing groups - Sweden's Arcam and…
Careem adds 42,000 white taxi drives in Egypt to its workforce
Private car service operator Careem announced on Sunday a plan to add more than 42,000 white taxi drivers in Egypt…
5th Egyptian pilgrim dies in Saudi Arabia
Another Egyptian died in Saudi Arabia on Wednesday during pilgrimage, the Egyptian Ministry of Health announced in…
Hyde Park offers 9 tenders to speed up construction, finishing
Hyde Park New Cairo announced it would offer five tenders to speed up the construction and finishing of its…
Apollo Global acquires Rackspace in a $4.3 billion deal
Cloud company Rackspace on Friday announced that it has entered into a $4.3 billion cash deal with affiliates of…
Telecom Egypt to rebrand its internet arm
Telecom Egypt (TE) announced Saturday that it will rebrand its internet arm, TE Data, the biggest internet provider…
Police Scotland includes Hijab to be part of official uniform
Police Scotland has announced that the hijab will become part of its official uniform as it aims to create a…
Egypt’s Al Ezz Dekheila reports more losses in Q2 and H1
Egypt's Al Ezz Dekheila Steel – Alexandria (IRAX.CA), a unit of Ezz Steel, announced on Tuesday it recorded deeper…
Microsoft just acquired gaming start-up Beam to boost Xbox
Microsoft announced Thursday that it has acquired gaming company Beam, as the technology giant looks to continue to…
IMA Middle East selects Egypt to host the first ‘Train the Trainer’ Workshop
As part of its vision in supporting accountants and financial professionals worldwide, the Institute of Management…
Ideagen acquires Covalent Software Ltd for £3.6m
Ideagen, a global supplier of GRC and information management software to organisations operating in highly…
Telecom Egypt to disclose H1 results on August 11
Telecom Egypt (ETEL.CA) announced Sunday that it will disclose its financial results for the first half of the year…
Western Digital raises WD Gold hard drives capacity by 25 percent
Western Digital Corporation, a world leader in storage solutions announced on Thursday adopting a new,…
Orange opens second smart store in Egypt
Orange, one of the world’s leading telecommunications operators, announced the opening of its second Smart Store in…
Telecom Egypt approves presenting 4G, mobile services
Telecom Egypt (ETEL.CA) announced that its board of directors, convened on July 28, had approved to obtain a…
Etisalat Egypt posts H1 revenues of AED 2.22 billion
Etisalat Egypt, a subsidiary of UAE telecom operator Etisalat, has announced financial results of the first half of…
ITIDA sets FY2016/17 budget at 518 mln Egyptian pounds
Information Technology Industry Development Agency (ITIDA), the IT arm of the Egyptian telecoms ministry, has…
Huawei joins Smart Africa to drive Africa’s digital transformation
Huawei announced on on July 18th joining the Smart Africa Alliance as Information and Communications Technologies…
Lenovo wins world’s no.1 PC company one more time
IDC and Gartner announced this week their worldwide PC market share rankings for the 2nd quarter of 2016. Lenovo…
GE names Joseph Anis a President & CEO for Power Services in the Middle East &…
GE announced today the appointment of Joseph J. Anis as President and Chief Executive Officer for its Power…
Facebook is Egypt’s most ‘positively’ perceived brand for second year: YouGov
YouGov, a global market research company, announced in a press release Sunday that Facebook occupied the first…
Souq.com makes XIAOMI Mobiles available for the First Time in Egypt
SOUQ.com, the leading online retailer announced today a new collaboration with Chinese tech giant XIAOMI to become…
Jean Marc Harion replaces Yves Gauthier as CEO of Orange Egypt
Orange has announced the appointment of Jean Marc Harion as CEO and managing director of its Egyptian unit,…
Technology push to get girls educated
The UK's Department for International Development has announced £100m of funding to help 175,000 of the world's…