Mohamed Alaa El-Din

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Latest by Mohamed Alaa El-Din


Changes in the smartphone market in February 2018

The market for personal computing devices is constantly changing, especially the smartphone sector, due to competition between various manufacturers, especially in China. At the global level, Chinese companies dominate the list of the largest smartphone makers, coming in third after Samsung and Apple. Huawei leads the growth in sales and market share of Chinese companies. …

Mohamed Alaa El-Din

Vodafone tops list of telecom companies in Egypt in 2017 revenue growth 

Vodafone Egypt topped the list of telecommunications companies with the fastest growing revenues in 2017. According to sources in the communications sector, the Vodafone Egypt’s revenue growth reached 19%, while Etisalat came second with 18%, followed by Orange with 6%. Vodafone Egypt topped the list of most profitable telecom companies, with a profit growth rate …

Mohamed Alaa El-Din

Etisalat Egypt continues to lose customers to competitors

Etisalat Egypt continued to lose more of its customers in similar fashion to recent months. The Ministry of Communications and Information Technology (MCIT) report, showing data from December, showed that the company has lost nearly 500,000 clients to other competitors. According to the report, the number of Etisalat Egypt’s customers declined from 23.1 million in …

Mohamed Alaa El-Din

Sico’s Nile X sales soar to 50,000 devices

The Egyptian Company for Silicon Industries (Sico Egypt) managed to sell 50,000 units of its new Nile X phone. According to the CEO of the company, Mohamed Salem, the company is targeting sales of 1.3m units before the end of the year. Salem sees the volume of sales achieved by Nile X as good considering …

Mohamed Alaa El-Din

Cargo handled at Damietta Port increased by 32% in 2017

A report issued by the Damietta Port Authority showed an increase in the volume of goods handled at the port during the past year by 32%, growing from 32m tonnes in 2016 to 37m tonnes in 2017. According to the report, the number of inbound and outgoing ships from the port increased from 2,562 in …

Mohamed Alaa El-Din

Fawry POS reached 75,000 by end of 2017

Fawry electronic payment service has increased its points of sale (POS) to reach 75,000 at the end of December 2017. A source at the company said that the size of transactions made through Fawry POS reached EGP 25bn at the end of 2017. The official added that the company provided services to more than 20 …

Mohamed Alaa El-Din

World’s 5 most valuable tech brands 

Telecommunications and information technology (IT) companies managed to take the top nine spots of the world’s 10 most valuable brands in 2018, according to Brand Finance, an independent business valuation consultancy. According to the Brand Finance report, Amazon topped the list of the highest value brands in the world after its valuation at $150.8bn, up …

Mohamed Alaa El-Din

CIT minister to inaugurate $30m fibre optics plant

Minister of Communications and Information Technology Yasser El-Kady is set to inaugurate a fibre optics factory in Badr city on Tuesday. The plant is owned by HitekNofal Solutions and the Chinese Hengtong Group with investments up to $15m. An informed source at HitekNofal Solutions said that the plant will be established on three stages, the …

Mohamed Alaa El-Din

Retailers threaten to sue MNOs over mobile lines selling ban

Egypt’s Communication and Mobile Syndicate (CMS) threatened to sue the three mobile network operators (MNOs)—Vodafone, Etisalat, and Orange—if they do not compensate mobile phone retailers after the National Telecommunications Regulatory Authority (NTRA) banned sales of new mobile lines through distributors as of March. The syndicate has granted the three MNOs a grace period until 20 …

Mohamed Alaa El-Din

Russia, China and other countries back a move to place the Internet under the authority of the International Telecommunications Union. (AFP PHOTO)

53.5% internet user penetration in Egypt in 2019

A report issued by Statista expects the internet user penetration in Egypt to reach 53.5% of the population by 2019, up from 48% last year. According to the report, the ratio will reach 50.8% by the end of the year, while access to the internet reached 45.4% of total population in 2016 and 43.3% in …

Mohamed Alaa El-Din

Mobile brands fight for buyers in 2018

The competition between smartphone companies in Egypt is strong. While Samsung dominated the largest share of market sales in the past years without real competition, the past two years witnessed the entry of new competitors to the arena. Samsung took a strong hit that affected its market share, as it struggles to maintain its current …

Mohamed Alaa El-Din

GDP to grow by 5.9% in 2022

A report issued by Statista expected Egypt’s GDP to grow by 4.4% this year, up from 4.1% in 2017. According to the report, the country’s GDP growth rate will grow strongly in 2019 at 5.3%, then by 5.76% in 2020 compared to 2019. According to the report, GDP will grow further in 2021. The market …

Mohamed Alaa El-Din

Why Huawei’s market share in Egypt dropped in 2017

Huawei phones’ market share in Egypt during the second half of 2017 fell by 3% to 13.1% at the end of December compared to 15.9% at the end of June of the same year. Samsung held the largest share of mobile phone sales in the Egyptian market by the end of last December, according to …

Mohamed Alaa El-Din

Statista predicts Egypt’s inflation rate to reach 7% in 2022

Statista, an online statistics, market research, and business intelligence portal, issued a report on the expected inflation rates in the Egyptian market over the coming four years. The report predicted that the inflation rate will decline to 21.3% in 2018 compared to 23.5% in 2017, a decrease of 2.2%. According to the report, the average …

Mohamed Alaa El-Din