NAT accepts Mitsubishi’s technical offer to supply first-phase trains for fourth Metroline
NAT assigned the tender for supplying 64 trains in the third and fourth phases of the third metro line to the French ALSTOM and Hyundai Rotem.
Mohamed Alaa El-Din
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Latest by Mohamed Alaa El-Din
Temenos, AUC Venture Lab and CIB cooperate to promote fintech in Egypt
Technological solutions, applications will contribute to integration of parallel economy
57% increase in TE’s debts in H1 2018
EGP 8.3bn net debts of the company
NAT requests supply of electricity generating units for three stations in metro’s third line
4th phase of 3rd metro line includes stations of Haroun, Alf Maskan, Nady El Shams
Mobile subscribers in Egypt down 3.4%, mobile internet users up 4.2% in Q2 2018
Internet market added 3 million new consumers in Q2, number of internet users reached 42 million in Q2 compared to 39 million in Q1
Vodafone leads mobile operators’ losses, with 345,800 clients lost in June
Number of modem devices remained stable at 3.48m, number of landline users increased by 1.5%
Azure Stack eliminates challenges facing data centre industry
New technology overcomes problem of information sovereignty: El Salmy
Huawei fights dirty to raise ‘Nova 3i’ sales
Company said it prefers if customers provide video saying they decided to switch to Nova 3i instead of F9
TE secures EGP 22bn worth revenues from long-term contracts with mobile operators
Capacity sales’ revenues grew in H1 2018
10% decline in traded cargo in Damietta port in August
Traditional general cargo increased in July this year by 47.1%
Al-Sisi orders establishment of defence-ministry-sponsored rehabilitation centre for special-needs individuals
President allocated EGP 500m from Tahya Masr Fund to finance integration of children with disabilities into mainstream schools
Mobile market lost 800,000 subscribers in June
Internet attracts 1.6 million new clients
Honeywell UOP’s Oleflex technology has been selected for 52 out of 64 propane projects
Egypt considered as top consumer of polypropylene in Africa, consuming about 4.4 kg per capita, growing by more than 5% annually through 2022
Vezeeta collects $12m in funding from STV Capital
We plan to boost services in Saudi Arabia, launch new products, says Barsoum
Decline in lines’ sales affects revenues of state telecommunications sector: Hegazy
Sector witnessed positive changes in last period, notably launch of 4G
Robusta plans to expand its expansion in Europe by opening offices in Sweden, Australia
Company organises annual e-commerce summit to discuss future of industry, highlight challenges
Cargo handled in Damietta port in July grow despite number of vessels dropping
A report issued by the Damietta Port Authority showed a decline in the number of ships at the port in July compared to July 2017. The report explained that 254 visited the berths of the Damietta Port in July 2018 down from 260 vessels in the same month of 2017, marking a decline of 2.3%. …
MCIT addresses international electronic design companies to localise industry in Egypt
Ministerial committee formed from three ministries: MCIT, Military Production, Education
Dryve offers vehicle rental for Uber drivers
The Dryve car rental platform agreed with Uber, a peer-to-peer ridesharing, to offer vehicles for its licensed drivers, in partnership with French AXA multinational insurance. According to dryve, car owners can earn EGP 5,000-12,000 per month. Last month, Uber Egypt and Nacita AutoCare announced the launch of the first Rent to Own vehicle solutions programme …
State tackles change shortage with coin ATMs at metro stations
Machines to be standardised at metro stations in future
E-wallet, EGN Banking services have room for growth if rules get established: Aman CEO
Aman agrees with Telecom Egypt to provide instalment services at its POS, says Moghazy
Samsung tops August smartphone market share
Huawei continues to push forward with 16.4% of market
Government, CBE moves contribute to shifting towards cashless society: Fawry managing director
We are negotiating with ministries of transport, justice, interior to provide electronic payment solutions for their services, Okasha
Etisalat Misr investments this year up to EGP 3.5bn
Data Services main engine of telecommunications sector, accounting for 30% of revenues, says Hegazy
MCIT targets 10% growth, increasing ICT sector GDP share to 3.1%: minister
We will do number of investment incentives, mainly tax exemption of 50% for investors in technological parks, says Talaat
MINT platform graduates 12 new start-ups
We help develop start-ups to continue growing, says Samir
Fawry targets EGP 40bn worth of financial transactions by end-2018
Egypt’s electronic payment network Fawry aims to increase the value of its financial transactions to EGP 40bn by the end of this year, compared to EGP 25bn last year, said Mohamed Okasha, managing director of Fawry. He added that the company plans to increase its outlets to 100,000 by the end of 2018 compared to …
Orange lost 677,000 clients in May, Vodafone lost least amount
The three mobile operators—Vodafone, Orange, and Etisalat—lost many clients in May, as mobile users fell to 96.4 million from 97.6 million, a loss of over 1.1 million users. Vodafone was the company to lose the least amount of its clients in May, with only 104,300 users lost. The company’s clients dropped from 42.1 million in …
Mobile market loses 1.45% users, internet gains 800,000 new users
The number of mobile subscribers decreased during May by 1.45% month-over-month. According to a report from the Ministry of Communications and Information Technology, the number of mobile users fell from 107 million in April to 105.6 million in May. The report noted that the internet market saw 800,000 more clients join in May, rising from …
Egypt has always been a strategic choice for foreign investors: president, CEO of Lava Technology
Company aims at occupying leading place in Egyptian market mobile industry by 2020