This came during a press conference held Sunday to launch a partnership between iCheck, Careem Egypt, and Cargas to launch an initiative to convert cars that operate through Careem to clean energy.
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The group’s decision to expand in the Egyptian market aims to achieve a real addition to the Egyptian technological scene, as well as provide pioneering digital services and solutions for several service and industrial fields, and supporting the needs of the business sector and companies in Egypt within the framework of its strategy to draw a digital transformation map for companies in the Arab region.
Saudi companies ranked third in terms of the number of deals, with 144 deals, a decline of 3%.
The Egyptian market sold about 13 million mobile devices in 2021, according to GFK for market research.
According to a press release issued by the Ministry of Communications, the meeting reviewed the top proposed cooperation projects between Egypt and India in the field of communications and information technology. It also discussed the ongoing preparations for Talaat’s visit to India next week, which aims to create close ties between Egypt’s experience and the successful Indian experience in the field of communications and information technology. They also discussed ways to enhance the Egyptian-Indian partnership in a number of fields of communications and information technology, and attract Indian investments to the Egyptian market.
He explained that women are more stable in the job, and that there are certain jobs that are not suitable for men in the field of technology, such as conducting tests, as women have more patience than men. “We are one of the first companies to apply the system of only four working days and three days off, because our goal has become to pay attention to employees’ productivity and the tasks they perform, regardless of the working hours, which greatly supports women’s work as well,” he added.
The Egyptian startups ranked on the list were able to raise funds worth $508.5m in 2022.
It is one of the most important grants offered by the Samsung Innovation Campus by Samsung International and under the auspices of the Ministry of Communications and Information Technology, with the aim of Qualifying students for the labour market by developing their professional skills and raising the level of competencies and technological skills.
The platform also provides electronic payment facilities in various forms, in addition to electronic financing programmes to provide a greater opportunity for the products of small, medium and large companies to reach the largest customer base inside and outside Egypt.
Walid Ramadan, deputy head of the Mobile and Communications Division at the Chambers of Commerce, said that the prices of mobile phones rose at approximately the same rate as the pound’s price drop against the dollar.
Powered by the T3G investment group and founded in 2020, CheckMe is a customer-centric marketplace mobile application that provides on-demand medical lab services through multiple lab partners safely, accurately, and quickly. Doctor Online, Founded by Mahmoud Abdel Hakim, is a virtual clinic mobile application that offers various medical services virtually to its patients; through access to expert doctors in all medical specialties via video calls.
Tsai added, in an interview with Daily News Egypt, that there are promising opportunities for the company in the Egyptian market, despite the surrounding local and global challenges, but the challenges in the Egyptian market are similar to other global countries.
In a press statement issued by the organisation, Sherif stressed that the tourism and antiquities sector is a promising sector in light of the Egyptian state’s interest in implementing the digital transformation system in projects related to this sector.
According to a press release by the ministry, the two countries largely cooperate in the areas of digital transformation, postal services, and institutional capacity building.
The agreement was signed by Adel Hamed, Managing Director and CEO of Telecom Egypt, and Manos Manousakis, Chairman and CEO of IPTO.
Talaat also indicated that the average fixed internet speed in Egypt doubled, becoming the highest in Africa, with an average speed of approximately 45 mbps in October 2022, compared to 40th place on the continent in January 2019, with an average speed of 6.51 mbps.
The study estimated the value of this electronic and electrical waste at $62.5bn, and only 20% of it is recycled.
In response to Daily News Egypt’s question about the use of financing on the side-lines of a round table at the company’s headquarters on Monday, he explained that the company aims to use the new financing to expand regionally, starting with the Saudi market and a number of African markets, specifically Kenya and South Africa.
Talaat said that the ministry is currently working on preparing a number of legislations to be submitted to the House of Representatives, including a law for classifying and exchanging data, and a law for emerging companies in order to establish virtual and remote companies and benefit from electronic signatures.
The Moonbase Fund aims to invest in 25 entities during the next stage, and the fund is currently arranging to pump investments in small and medium companies in the European and Asian markets as a first stage.
85% of the company’s stations support 4G technology
It comes during the “New Media and Latest Forms of Entertainment” session on the third day of the first-ever Middle East 30 Under 30 Summit in El Gouna, Egypt on Saturday.
The event was held within the framework of the activities of the Forbes Middle East Under 30 Summit, which kicked off last Thursday and concluded its activities on Monday in El-Gouna.
In statements to Daily News Egypt on the side-lines of a round table held by the company, Kamel added that the company allocated investments worth EGP 100m over three years to manufacture electronic chips for smart cards, EGP 25m of which were for the first phase of the project.
Vodafone is also supporting the agricultural sector to save 18 billion cubic meters of water using technology: Essam
This comes within the framework of Swvl’s tendency to expand the range of services it provides in the Egyptian market, and to provide an opportunity to increase the monthly income of drivers, in addition to the importance of this service in supporting the mobile advertising market in Egypt.
In exclusive statements to Daily News Egypt, Azzi explained that the Egyptian market has great investment opportunities, especially with the size of the giant national projects implemented by the Egyptian government with the latest international technologies.
The presentation was held in the presence of Minister of Communications and Information Technology Amr Talaat and President of the Federation of Egyptian Industries Mohamed Al-Sewedy.
MoneyFellows closes $31m funding round
Cancelling the opening of documentary credits by the end of the year will support manufacturing locally