IT-Telecom News
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Orange Egypt Honors Winning Startups of “Orange Social Venture 2024”
The winning teams, each presenting forward-thinking projects, secured top honors.
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Egypt Courts Chinese Investment for Tech Growth
Egypt called on Indonesian companies to invest in the country’s burgeoning tech sector, particularly in data centers and digitalization.
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Entlaq acquires a stake in Egypt’s Brotinni
Entlaq, an Egypt-based company supporting entrepreneurs, has acquired a stake in the Egyptian foodtech Brotinni for an undisclosed value.
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Egypt, China sign 5 MoUs in ICT field
The new factory is expected to produce up to 3 million kilometers of fiber optic cables annually, exporting 40% of its production to Europe and MENA.
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Egypt aims to increase electronics exports by 8% annually
The program aims to enhancing Egypt's position as a regional center for the electronics industry.
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1st phase of the Egypt Digital Industrial Platform launched
The platform would also provide electronic services to industrial investors, whose presence at any authority would no longer be required.
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Egypt: One of North Africa’s Most Promising Emerging Markets
Africa’s internet economy has the potential to grow to US$ 180 billion by 2025, representing 5.2 percent of the continent’s GDP.
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Eaton Expands Presence in Egypt with New Office, Customer Experience Centre and strategic Partnerships
Eaton is reinforcing its commitment to the local market by forming strategic partnerships with prominent local manufacturing partners.
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AI is affecting demand for freelancers
The introduction of AI tools like ChatGPT has led to a significant decline in freelance job opportunities with implications for Egyptian freelancers.
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Entrepreneurship sector attracts $2B in FDI
This came during the release of Entlaq’s Egyptian Entrepreneurship Sector Diagnostics Report for the first half (H1) of 2024.
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Ericsson, e& Egypt join forces to enhance Egypt’s ICT infrastructure
This would enhance structures for the expected launch of 5G services and develop a robust ecosystem for future telecommunications projects.
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Egypt taking serious steps to promote reliance on AI
Egypt established the National Council for Artificial Intelligence in 2019 and launched the National Artificial Intelligence Strategy in 2021.
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Egypt ranks 2nd for most affordable broadband in Africa
Egypt ranked 2nd among the top 10 African countries for most affordable broadband in 2024, according to Business Insider Africa report.
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e& Egypt to provide ICT infrastructure services to Urbnlanes
In addition, e& Egypt will provide Urbnlanes with several digital solutions for its projects via its subsidiary e& Egypt Business.
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Egypt’s parliament proposes to regulate TikTok profits and content
Recently, the committee officially denied rumors about a potential ban on TikTok by next October.
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Telecom Egypt revenue records EGP 38 bln in H1 2024
Telecom Egypt’s consolidated revenue has increased by 35 percent year-on-year (YoY) in the first half (H1) of 2024, recording EGP 38 billion.
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Cabinet ratifies draft on establishing national council for electronic chips manufacturing
Moreover, the cabinet has ratified granting Arab Otsuka Nutraceuticals Company the golden license to set up and operate a factory for Nutraceuticals.
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Revolutionizing Phone Production in Egypt
Recent collaborations, such as Nokia’s partnership with SEICO in Assiut, underline the industry’s growth trajectory and commitment to innovation.
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Huawei Cloud launches in Cairo
Huawei Cloud is focused on being the cloud foundation and industry enabler with everything as a service for various industries.
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Egypt has no intention to ban TikTok application
Egypt has no plans to ban the Chinese-owned application TikTok, head of the House of Representatives Communications Committee.