Technology – Daily News Egypt https://dailynewsegypt.com Egypt’s Only Daily Independent Newspaper In English Sun, 17 Jun 2018 14:40:02 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.1 OLX launches Buy Used Items campaign to cope with price hikes in Egypt https://dailynewsegypt.com/2018/06/13/olx-launches-buy-used-items-campaign-to-cope-with-price-hikes-in-egypt/ https://dailynewsegypt.com/2018/06/13/olx-launches-buy-used-items-campaign-to-cope-with-price-hikes-in-egypt/#respond Wed, 13 Jun 2018 09:00:54 +0000 https://www.dailynewsegypt.com/?p=662544 iPhone is most searched keyword, says OLX

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The predicament that faces Egyptian families today is how to purchase high-quality products at affordable prices. With global price increases for raw materials, more people are opting to buy used products as an ideal solution to fulfil their needs in an affordable manner without squandering their resources. To that end, OLX announced the launch of its Buy Used Items campaign to encourage Egyptians to buy used furniture and home appliances.

In order to tackle the increasing prices in the Egyptian furniture market, OLX prioritised the development of its furniture and home appliances sections to make it easier for sellers to display their products and for buyers to easily browse through all displayed items at affordable prices.

In addition, OLX seeks to provide Egyptian families with smart solutions to buy new home belongings at the cheapest prices on the market, by providing a price comparison between 10 new home appliances versus used ones sold on OLX.

Home appliances

Item

Price of new product (in EGP)

Price on OLX (in EGP)

Television

3,850

2,900

Refrigerator

8,535

7,000

Microwave

3,000

2,000

Cooker

4,000

2,600

  

Furniture

Item

Price of new product (in EGP)

Price on OLX (in EGP)

Living room

10,000

6,000

Dining room

9,270

4,200

Sofa

3,441

1,150

OLX noted that the purchase of used furniture on OLX helps Egyptian users save about 39% of the total price. In addition, selling used furniture on OLX offers extra cash, more space, and allows for better change.

Dina Gobran, general manager of OLX Egypt, said that the idea of buying used products and commodities is popular in developed societies. She added that buying and selling on OLX provides Egyptians with the opportunity to buy what they require and simultaneously save money, effort, and time.

The used furniture and home appliances categories are two of the most popular sections on OLX. The platform witnessed a 40% increase in the number of people listing items for sale in those two categories compared to the same period of last year, which reflects a change in the purchasing trends of Egyptian consumers and a transformation towards more economic and practical thinking.

During the holy month of Ramadan, OLX revealed that the most searched keywords in the second-hand items were iPhone, living room, Nokia, saloon, Samsung, dining room, and closet.

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Millensys launches unified e-health platform https://dailynewsegypt.com/2018/06/13/millensys-launches-unified-e-health-platform/ https://dailynewsegypt.com/2018/06/13/millensys-launches-unified-e-health-platform/#respond Wed, 13 Jun 2018 08:30:11 +0000 https://www.dailynewsegypt.com/?p=662540 Millensys launched its unified e-health platform at an event attended by a number of healthcare, technology, and other sectors’ officials, including Nagwa El Shennawy, head of the Ministry of Communications and Information Technology’s central office of information; Mohamed Shedid, managing director of Eitesal; and Tamer Mohamed, general manager of the Chamber of Information Technology and …

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Millensys launched its unified e-health platform at an event attended by a number of healthcare, technology, and other sectors’ officials, including Nagwa El Shennawy, head of the Ministry of Communications and Information Technology’s central office of information; Mohamed Shedid, managing director of Eitesal; and Tamer Mohamed, general manager of the Chamber of Information Technology and Communications.

They were updated on the company’s vision; the future role it plans to play in Egypt’s healthcare system, in line with the state’s visions; and the goals set by the bodies and entities concerned with the process of development in the related sectors.

With a mission of essentialising the role played by communications and information technology in enhancing the performance of all sectors, the company is making Egypt a pioneering model that emulates unique regional experiences and achieves unbounded progress towards a promising future.

   

Millensys entered the market, domestically and internationally, in 2008 and has a long record of technology and healthcare solutions in more than 35 countries. Further recent achievements include its unified e-health platform, the most popular platform among healthcare providers, which facilitates patient file management, distant monitoring of patients, filing electronic health records (EHR), and enterprise resource planning (ERP) that helps manage invoices, accounting, warehouses, and human resources for healthcare providers.

Medical technology applications for hospitals, healthcare centres, radiology centres, as well as technology solutions and software for private business in all sectors, are among several packages of services provided by Millensys. The company was named, by Klas Research, the best picture archiving and communication system (PACS) in the Middle East for two consecutive years (2016 and 2017).

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Samsung Galaxy S9 tops smartphone sales in Egypt in April https://dailynewsegypt.com/2018/06/13/samsung-galaxy-s9-tops-smartphone-sales-in-egypt-in-april/ https://dailynewsegypt.com/2018/06/13/samsung-galaxy-s9-tops-smartphone-sales-in-egypt-in-april/#respond Wed, 13 Jun 2018 08:00:59 +0000 https://www.dailynewsegypt.com/?p=662532 According to recent research by Market Pulse Counterpoint Research, Samsung Galaxy S9 became the world’s best-selling smartphone in April, while Apple’s iPhone X declined to third place. Xiaomi continued its unexpected sales rates, occupying two spots in the world’s best 10 selling smartphones, as Xiaomi Redmi 5A and Redmi Note 5 (5 Plus) came in …

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According to recent research by Market Pulse Counterpoint Research, Samsung Galaxy S9 became the world’s best-selling smartphone in April, while Apple’s iPhone X declined to third place.

Xiaomi continued its unexpected sales rates, occupying two spots in the world’s best 10 selling smartphones, as Xiaomi Redmi 5A and Redmi Note 5 (5 Plus) came in the sixth and eighth spots. It was the first time that Xiaomi achieved two positions on the list of top 10 selling phone models. Xiaomi has grown rapidly in China and India, due to its low price, compared to competing brands.

According to the report, the Samsung Galaxy S9 series accounted for 5.2% of smartphone sales in April, including 2.6% for the S9+ and 2.6% for the S9.

The iPhone X accounted for 2.3% of smartphone sales in April, ranking third among the best-selling phone brands.

The iPhone 8 Plus came in fourth place with a market share of 2.3%, followed by the iPhone 8 with a market share of 2.3%.

The Redmi 5A accounted for 1.5% of smartphone sales, ranking sixth in April.

The iPhone 6, meanwhile, seized 1.4% of global smartphone sales to become the seventh best seller in April.

The Redmi 5 Plus (Note 5) came in eighth place with a 1.4% market share.

The iPhone 7 also accounted for 1.4% of market sales, ranking ninth, while Samsung’s Galaxy S8 came in 10th place with a market share of 1.3%.

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Best-performing brands in Ramadan 2018 https://dailynewsegypt.com/2018/06/13/best-performing-brands-in-ramadan-2018/ https://dailynewsegypt.com/2018/06/13/best-performing-brands-in-ramadan-2018/#respond Wed, 13 Jun 2018 07:30:12 +0000 https://www.dailynewsegypt.com/?p=662536 A report issued by Mintrics on the best-performing brands across four sectors in Ramadan placed Vodafone at the top of the telecommunications sector, while Pepsi topped fast-moving consumer goods (FMCGs), Mountain View the real estate sector, and Banque Misr the banking sector. According to the report, Vodafone has the highest number of Facebook and YouTube …

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A report issued by Mintrics on the best-performing brands across four sectors in Ramadan placed Vodafone at the top of the telecommunications sector, while Pepsi topped fast-moving consumer goods (FMCGs), Mountain View the real estate sector, and Banque Misr the banking sector.

According to the report, Vodafone has the highest number of Facebook and YouTube videos, as well as the most views on both Facebook and YouTube.

Pepsi received the highest engagement rate and the lowest number of videos, making it the most interactive across all sectors on Facebook and YouTube, followed by Orange.

By comparing three brands that published video content on Facebook and YouTube since the beginning of Ramadan (Telecom Egypt, 57357 Hospital, and EG Bank) to the three most viewed brands (Etisalat, Vodafone, and Orange), the report reflected that Telecom Egypt published 1.2 times more videos than Vodafone and Etisalat combined, but realised only one-sixth of their views.

Etisalat, meanwhile realised the same engagement rate as 57357 Hospital, but with 60% fewer videos.

According to E3langy, these results show that audiences are more interested in good content rather than a large number of videos, as the companies with fewer videos but better content had better performance compared to companies with more videos but subpar content.

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One Global eyes expansion in Egyptian market https://dailynewsegypt.com/2018/06/13/one-global-eyes-expansion-in-egyptian-market/ https://dailynewsegypt.com/2018/06/13/one-global-eyes-expansion-in-egyptian-market/#respond Wed, 13 Jun 2018 06:30:21 +0000 https://www.dailynewsegypt.com/?p=662507 Government's digital transformation offers new investment opportunities, says Al-Gebaly

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One Global, a company specialised in digital innovation and financial technology services, started to develop a new strategy for its operations in the Egyptian market to provide value-added services within the government’s financial inclusion and digital transformation plans, said Ahmed Al-Gebaly, its CEO.

Al-Gebaly added that One Global’s strategy in the Egyptian market seeks to cooperate with all vital sectors, government agencies, businesses, and companies to implement the financial inclusion system. It also aims to expand in providing fintech services, which characterise the company regionally and internationally.

He pointed out that the Egyptian market has many attractive factors, notably the state plan for digital transformation and Egypt’s Vision 2030, as well as the government’s investment incentive packages. These factors gave confidence to investors to enter into partnerships and agreements that contribute to improving the financial coverage sector.

Al-Gebaly added that the most important feature of One Global is that it offers its products and services via an advanced technological method based on innovation and simplification rather than complexity, noting that One Global has five research and development centres, including in Kuwait, Jordan, India, and Egypt.

Al-Gebaly said that his company welcomes cooperation with large institutions in the Egyptian market through its platforms and applications. He stressed that One Global is a complementary partner in the field of financial inclusion and digital transformation, not a competitor. The group is working on mobile health, finance, tourism, and content.

He added that digital transformation is not only related to the payments and financial sectors, but also connected with the health, education, tourism, transport, and other sectors.

Al-Gebaly stated that One Global has a technological healthcare platform, specifically vaccinations for children, which serves about 17,000 children in Kuwait. It includes comprehensive medical history files of the children since birth, and it will soon be launched in Egypt through a legislative framework and the application of legal governance standards adopted by international institutions.

One Global was granted a large number of international certificates in the field of data protection and quality, most recently the Payment Card Industry Data Security Standard (PCI DSS) certificate for the second consecutive year. The PCI DSS is an information security standard for organisations that handle branded credit cards from the major card companies. Besides its head office in Kuwait, One Global has many branches in the Middle East, Africa, Europe, the US, and the Arabian Gulf.

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Mobile market braces for worst after imposing of development fee https://dailynewsegypt.com/2018/06/07/mobile-market-braces-for-worst-after-imposing-of-development-fee/ https://dailynewsegypt.com/2018/06/07/mobile-market-braces-for-worst-after-imposing-of-development-fee/#respond Thu, 07 Jun 2018 08:30:17 +0000 https://www.dailynewsegypt.com/?p=661993 TE is most affected by decision, says Ellaithy

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A number of officials in the telecommunications industry said they expect a negative impact on the market after the Egyptian Parliament passed the development fee bill on mobile lines and consumption bills.

An official at one of the mobile companies was surprised that the government and parliament considered mobile services a recreational service, while no fee was imposed on other goods and services, such as alcohol, cigarettes, gambling, or other services and recreational goods.

The official said that the prices of mobile lines currently do not exceed EGP 20 on average, which curbs the sales of all four mobile operators to 1m SIM cards per month. “Increasing the price to EGP 70 will reduce sales even more,” he added.

He questioned the role of the minister of communications and information technology in such decisions and his role in protecting the mobile industry.

He confirmed that sales rates will decline significantly after the implementation of the decision to raise the prices of mobile lines.

He also emphasised the impact of the decision on customers’ consumption rates, especially for a wide range of users of the post-paid service.

“If a client used to pay EGP 500 per month, they will have no problem paying EGP 510, but clients paying EGP 40 will not want to pay EGP 50, as amounts increase by 25%,” he said.

Hamdy Ellaithy, CEO of Linatel, said that the decision to impose development fees will have a negative impact on market growth.

He believes that Telecom Egypt will be the most affected by the decision because it is the newest player in the mobile market and needs to achieve sales to be able to compete with the other companies.

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Uber, Misr El Kheir cooperate to repay debtors’ dues https://dailynewsegypt.com/2018/06/06/uber-misr-el-kheir-cooperate-to-repay-debtors-dues/ https://dailynewsegypt.com/2018/06/06/uber-misr-el-kheir-cooperate-to-repay-debtors-dues/#respond Wed, 06 Jun 2018 09:00:56 +0000 https://www.dailynewsegypt.com/?p=661730 Company to support reunion of 45,000 families before Eid Al-Fitr

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Uber Egypt announced a partnership with Misr El Kheir Foundation to contribute to the latter’s debt repayment charity this Ramadan. Donations will be made through the application; for every ride taken through the app, Uber will donate to support Misr El Kheir’s target to release 45,000 debtors from jail this month.

The initiative, also known as Gharmeen Redemption, is one of Misr El Kheir’s most popular. Through the partnership, debts will be repaid to help get debtors out of jail.

Abdellatif Waked, general manager at Uber Egypt, commented on the initiative saying it is important for Uber to play an active role in giving back to the cities and communities the company serves, especially during the month of Ramadan.

“This year, through our partnership with Misr El Kheir, we are using the Uber technology to raise awareness about the debt repayment cause, and to pay the debts on behalf of the gharimaat (debtors), so that they can celebrate Eid Al-Fitr with their families,” he added.

The Ramadan initiative falls under the UberGiving umbrella—Uber’s annual programme to give back to the community by connecting to a charity initiative through its technology.

During Ramadan 2017, Uber partnered with the Egyptian Food Bank to help break the fast of those in need every day during the holy month.

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Khebrat launches technology solutions for developers, engineering consultancy offices based on BIM 360 software https://dailynewsegypt.com/2018/06/06/khebrat-launches-technology-solutions-for-developers-engineering-consultancy-offices-based-on-bim-360-software/ https://dailynewsegypt.com/2018/06/06/khebrat-launches-technology-solutions-for-developers-engineering-consultancy-offices-based-on-bim-360-software/#respond Wed, 06 Jun 2018 08:30:42 +0000 https://www.dailynewsegypt.com/?p=661727 As a partner of Autodesk International, the world leader in 3D design in all engineering fields, particularly architecture and construction, the company Khebrat is offering a range of technology solutions that stimulate real estate developers and engineering consultants to expand their services and enhance their competitiveness in terms of digital transformation in management and follow-up …

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As a partner of Autodesk International, the world leader in 3D design in all engineering fields, particularly architecture and construction, the company Khebrat is offering a range of technology solutions that stimulate real estate developers and engineering consultants to expand their services and enhance their competitiveness in terms of digital transformation in management and follow-up implementation in all phases of real estate projects, according to Ahmed El-Khatib, CEO of Khebrat, a specialist in providing technical solutions in the design, implementation, and management of real estate projects.

El-Khatib said that his company relies on its partnership with Autodesk to help real estate developers and engineering consulting offices maximise the benefits of the new generation of Autodesk BIM 360 software, a suite of cloud services that facilitates the design process of real estate projects from concept to the flexibility of making amendments to the implementation and completion, in order to ensure timely delivery of projects and required quality.

In addition, the services ensure the absence of mistakes during implementation, especially in mega real estate projects carried out by the largest developers in the local market, which helped Khebrat acquire the largest share of the Egyptian market in providing such technological solutions.

He added that these technological solutions will provide access to the data or documents of any project and follow-up, as well as make any changes at any time and from anywhere, through applications for computers or smartphones, allowing all levels of administrative developers to provide real-time monitoring and solutions for any emergency that occurs during the phases of a real estate project, while also saving time and cost in the implementation of mega or small real estate projects alike.

The technological solutions also provide a range of advantages, including the ability to meet project expectations in terms of schedule and sustainability, as Autodesk BIM 360 can help entrepreneurs, engineering service providers, and contractors access, integrate, and analyse data more comprehensively to increase productivity and improve the way they plan, design, implement, and manage these projects.

“The great advantage of our technology solutions is to provide a more comprehensive and accurate view of the project. The use of Autodesk BIM 360 can speed up the assessment of alternatives and create simulations in order to obtain approvals as quickly as possible,” El-Khatib said, adding that they can also improve the communication between the project team, manage data, track quality, verify compliance with international standards and specifications, document all phases of the project, and take advantage of them in any future projects.

Moreover, Autodesk BIM 360 also allows design, implementation, delivery, and project management to work in parallel, saving time and effort on such projects, and providing all employees on a project with an automatic mechanism for communication between all administrative and operational contacts within each organisation according to their specialties, including project cost and implementation rates. It also provides a range of applications to help decision-makers make sound decisions in a timely manner.

Founded in 2005, Khebrat has reflected the Egyptian identity in providing a range of state-of-the-art technology solutions to real estate developers, engineering consultants, and contracting offices through its strategic partnership with Autodesk International, and it has been a golden partner for more than 12 years. Since then, the company has succeeded in providing a positive image of an Egyptian company able to meet the needs of all companies operating in the real estate sector, both in the local market and at the regional level.

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Parliament approves cybercrimes law https://dailynewsegypt.com/2018/06/06/parliament-approves-cybercrimes-law/ https://dailynewsegypt.com/2018/06/06/parliament-approves-cybercrimes-law/#respond Wed, 06 Jun 2018 08:15:22 +0000 https://www.dailynewsegypt.com/?p=661846 A plenary session of parliament, chaired by Speaker Ali Abdel Aal, approved the cybercrimes law on Tuesday. Parliament rejected a proposal to amend the second and 24th article during the discussion. After the debate, Abdel Aal announced a final vote on the bill, after which he announced the house’s approval, with a single rejection. The …

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A plenary session of parliament, chaired by Speaker Ali Abdel Aal, approved the cybercrimes law on Tuesday. Parliament rejected a proposal to amend the second and 24th article during the discussion.

After the debate, Abdel Aal announced a final vote on the bill, after which he announced the house’s approval, with a single rejection.

The bill aims to achieve a balance between combating the illegal use of computers and information networks and protecting the data, information systems, and networks of the government or any public legal person from compromise, penetration, tampering with, damage, or disruption in any form. It also stipulates legal protection of the privacy guaranteed by the constitution, and not to disclose or eavesdrop on personal information except by reasoned judicial order.

Moreover, the bill also regulates the procedures for blocking websites. It grants the concerned investigative authorities the right to order the blocking of a site or several, links, or content, whenever technically possible, when there is evidence that a site is broadcasting, domestically ore abroad, any words, numbers, images, films, or any form of propaganda material, or the like thereof, which is considered a crime under this law, constitutes a threat to national security, jeopardises the security of the country, or its national economy.

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Xiaomi ranks 3rd in world mobile sales in May https://dailynewsegypt.com/2018/06/06/xiaomi-ranks-3rd-in-world-mobile-sales-in-may/ https://dailynewsegypt.com/2018/06/06/xiaomi-ranks-3rd-in-world-mobile-sales-in-may/#respond Wed, 06 Jun 2018 08:00:04 +0000 https://www.dailynewsegypt.com/?p=661724 Xiaomi ranked third on the list of the world’s top smartphone sellers during May, following Apple and Samsung, the global smartphone market share of which fell slightly last month to 30.15% from 30.7% in April. Despite the decline, Samsung continued to dominate global sales. According to a report by StatCounter, Apple ranked second in terms …

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Xiaomi ranked third on the list of the world’s top smartphone sellers during May, following Apple and Samsung, the global smartphone market share of which fell slightly last month to 30.15% from 30.7% in April.

Despite the decline, Samsung continued to dominate global sales.

According to a report by StatCounter, Apple ranked second in terms of smartphone market share, accounting for 18.9% of market sales in May versus 19.2% in January, a rise of 0.5%.

For the first time, Xiaomi surpassed Huawei in the market share ranking, reaching 7.1% in May, up from 6.2% in April.

Huawei came fourth in terms of smartphone sales, with a market share of 6.5% in May compared to 6.2% in April.

China’s Oppo ranked fifth with a 4.1% market share in May, up from 3.9% in April.

Meanwhile, LG maintained its market share of smartphone sales in May at 3.1%.

Motorola, owned by Lenovo, declined in the world market share ranking of smartphones, falling to 2.8% in May from 2.4% in April.

Nokia was ranked last among the world’s top smartphones sellers with a market share of 1.5% in May, down from 1.7% in April.

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Apple slips to 41% of tablet sales in Egypt https://dailynewsegypt.com/2018/06/06/apple-slips-to-41-of-tablet-sales-in-egypt/ https://dailynewsegypt.com/2018/06/06/apple-slips-to-41-of-tablet-sales-in-egypt/#respond Wed, 06 Jun 2018 07:30:12 +0000 https://www.dailynewsegypt.com/?p=661721 Apple’s tablet market share slipped to 41.13% of device sales in May compared to 47.13% in April, bringing the company’s market share down 6%. According to a StatCounter report, Samsung followed on the list with a share of 39.2% of market sales in May, up from 34% in April, marking a growth of 5%. According …

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Apple’s tablet market share slipped to 41.13% of device sales in May compared to 47.13% in April, bringing the company’s market share down 6%.

According to a StatCounter report, Samsung followed on the list with a share of 39.2% of market sales in May, up from 34% in April, marking a growth of 5%.

According to the report, Tecno came in third with a 2.6% market share in May, up from 2.1% in April, while Lenovo came in fourth, inching up to 1.1% from 1% in April.

In fifth came Alcatel with a market share of 0.94% in May, down from 1.12% in April, followed by Sony with 0.18% in May, falling from 0.12% in April.

Other brands collectively accounted for 11.6% of tablets sales at the end of May.

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Nokia sells 79m devices in 80 countries: Nokia Egypt general manager https://dailynewsegypt.com/2018/06/06/nokia-sells-79m-devices-in-80-countries-nokia-egypt-general-manager/ https://dailynewsegypt.com/2018/06/06/nokia-sells-79m-devices-in-80-countries-nokia-egypt-general-manager/#respond Wed, 06 Jun 2018 07:00:46 +0000 https://www.dailynewsegypt.com/?p=661710 Tamer ElGamal, general manager of Nokia Egypt, said that during 2017, the company adopted a strategy to provide the most up-to-date technology to users, including in screens and ease of use, along with better cameras and large batteries. On the sidelines of Nokia’s launching ceremony for a number of new products, ElGamal said that the …

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Tamer ElGamal, general manager of Nokia Egypt, said that during 2017, the company adopted a strategy to provide the most up-to-date technology to users, including in screens and ease of use, along with better cameras and large batteries.

On the sidelines of Nokia’s launching ceremony for a number of new products, ElGamal said that the company sold about 79m devices worldwide through 270,000 points of sale across 80 countries. He added that the company injected investments of over $100m to realise profits of $200m in 2017, noting that Nokia has 600,000 partners globally.

ElGamal said that Nokia’s partnership with Raya in Egypt has boosted the companies’ outlets to 2,000 in the country, with an eye on a larger leap.

Nokia plans to be one of the top five smartphone makers in the world within five years, after adopting the Android operating systems in its smartphones two years ago when HMD acquired it.

HMD, the developer of Nokia phones, announced the arrival of the Nokia 7 Plus, Nokia 6.1, Nokia 1, and Nokia 8110 4G models to Egypt. The devices will be available at retail stores this month.

The phone maker earlier this year announced the launch of those phones during the 2018 Mobile World Congress in Barcelona. The new smartphones offer the superlative and powerful craftsmanship expected in Nokia phones, and provide pure, smart, and secure Android experiences to keep pace with the latest updates.

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Sico exports first Egyptian-made mobile shipment to UAE https://dailynewsegypt.com/2018/06/05/sico-exports-first-egyptian-made-mobile-shipment-to-uae/ https://dailynewsegypt.com/2018/06/05/sico-exports-first-egyptian-made-mobile-shipment-to-uae/#respond Tue, 05 Jun 2018 19:20:16 +0000 https://www.dailynewsegypt.com/?p=661734 Egyptian Silicon Industries Company (Sico), Egypt’s first mobile phone manufacturer, today released its first mobile phone shipment from its new plant in Assiut Technology Park en route to the United Arab Emirates. The chairperson of the company, Mohamed Salem, said that the plant does not target the local market only, but also foreign markets, especially …

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Egyptian Silicon Industries Company (Sico), Egypt’s first mobile phone manufacturer, today released its first mobile phone shipment from its new plant in Assiut Technology Park en route to the United Arab Emirates.

The chairperson of the company, Mohamed Salem, said that the plant does not target the local market only, but also foreign markets, especially Arab and African ones. The company succeeded in exporting over 1,000 devices during the first phase, after receiving the approval of the UAE’s Telecommunications Regulatory Authority (TRA).

Salem added that the devices manufactured at the company’s factory in Assiut were met by demand in the UAE, noting that the devices’ efficiency, high capabilities, product quality, and competitive prices contributed to receiving the TRA’s approval.

“The plant is currently operating efficiently. We will continue with our plans to expand internationally and export to Arab and African countries in the coming period. The success in the Egyptian and the UAE markets will lead us to continue to export abroad in the coming period,” he added.

He said that his company is going to sell its product according to the company’s strategy in the local market and is proceeding at a steady pace. He pointed out that Sico has sold more than 200,000 devices so far since the launch of its units in Egypt in February.

Sico is targeting sales of approximately 1.5m units in the Egyptian market during the first year of sales. He said that his company is currently producing 50,000 units per month through its new factory in Assiut Technology Park.

Sico officially launched its products in the Egyptian market in February, offering eight models of the first Egyptian-made mobile phones.

President Abdel Fattah Al-Sisi officially opened the Sico plant in Assiut in December during the Cairo ICT 2017 conference. The plant is on an area of 4,500 sqm, which houses 500 employees, technicians, and engineers. The factory was built with investments of EGP 500m.

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Least viewed ads in H1 Ramadan https://dailynewsegypt.com/2018/06/05/least-viewed-ads-in-h1-ramadan/ https://dailynewsegypt.com/2018/06/05/least-viewed-ads-in-h1-ramadan/#respond Tue, 05 Jun 2018 18:00:36 +0000 https://www.dailynewsegypt.com/?p=661709 Companies rolled out their advertising campaigns for the month of Ramadan, which often sees strong competition among different companies, whether they are providing services or products. Daily News Egypt examined data on the least viewed advertisements in the first 15 days of the holy month, according to E3langi. Least viewed ads on Facebook Despite the …

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Companies rolled out their advertising campaigns for the month of Ramadan, which often sees strong competition among different companies, whether they are providing services or products.

Daily News Egypt examined data on the least viewed advertisements in the first 15 days of the holy month, according to E3langi.

Least viewed ads on Facebook

Despite the creativity of Carrier and Nescafe’s advertisement campaigns this season, they have been the least viewed on Facebook, with 2.3 million and 1.8 million viewers respectively.

Carrier’s advertisement last year has been viewed 4 million times.

Least shared ads on Facebook

The least shared advertisements on Facebook were those of Tornado and 57357 Hospital.

Although the latter was viewed by 4 million people on Facebook, it was shared only 132 times, while the Tornado ad had only 48 shares.

Least viewed ads on YouTube

On YouTube, the El Garhy Steel released an advertisement which was described as the most creative this year. However, it was viewed by only 400,000 users. EG Bank also missed the mark this season compared to last Ramadan.

On the other hand, the E3langi report said that last week’s survey about the most viewed telecommunications company advertisements raised a question: after watching the advertisement of (….), what are the chances of trying that product or service? More than 50% of the participants answered, “I will not try it at all“.

Etisalat topped that list with 81%, while Vodafone came second with 55%, and Orange recorded 63%.

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Smartphone market share in May 2018 https://dailynewsegypt.com/2018/06/02/smartphone-market-share-in-may-2018/ https://dailynewsegypt.com/2018/06/02/smartphone-market-share-in-may-2018/#respond Sat, 02 Jun 2018 12:38:06 +0000 https://www.dailynewsegypt.com/?p=661337 Nokia leaves list, Oppo joins

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The market share of Samsung smartphones in Egypt fell in May by 1%.

According to StatCounter, Samsung’s market share of total mobile sales in Egypt declined from 39.7% in April to 38.6% in May—the company’s lowest share in over two and a half years.

Despite the fall, Samsung still held the market’s largest share in May.

Samsung continued to be one of the leading smartphone manufacturers in Egypt in terms of market share in May.

Meanwhile, Huawei retained its second-place rank, increasing its market share by 1%, scoring 14.8% at the end of May, up from 13.9% in April.

Apple followed in third, losing 1% of its share and falling to 9.3% in May from 10.7% in April.

iPhone sales declined from 13.7% in February to 10.7% in March, losing 2% market share in one month.

Lenovo came in fourth on the list in terms of share of smartphone sales.

The company’s share increased 0.7% in May, rising from 6.9% in April to 7.6% in May.

Infinix came in fifth with a slight growth in sales from 6.4% in April to 6.9% in May.

Oppo ranked sixth after acquiring a market share of 3.6% in May, up from 3.1% in April.

HTC fell to seventh on the list.

Moreover, Tecno Mobile came in the eighth spot, its market share gaining a slight increase, taking 2.5% of the total market in May.

Nokia left the ranking in May and was replaced by Sony, which was estimated to have 1.9% market share in May.

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Infinix launches Hot 6 Pro in Egypt https://dailynewsegypt.com/2018/05/30/infinix-launches-hot-6-pro-in-egypt/ https://dailynewsegypt.com/2018/05/30/infinix-launches-hot-6-pro-in-egypt/#respond Wed, 30 May 2018 09:00:23 +0000 https://www.dailynewsegypt.com/?p=661112 Infinix launched its new smartphone, Hot 6 Pro, in Egypt, featuring a six-inch screen with an 18:9 ratio, in addition to a 13-megapixel camera and 2-megapixel front camera. It also comes with a Qualcomm Snapdragon processor and a 4000 mAh battery. The Hot 6 Pro launched in Egypt in partnership with the local e-commerce giant …

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Infinix launched its new smartphone, Hot 6 Pro, in Egypt, featuring a six-inch screen with an 18:9 ratio, in addition to a 13-megapixel camera and 2-megapixel front camera. It also comes with a Qualcomm Snapdragon processor and a 4000 mAh battery.

The Hot 6 Pro launched in Egypt in partnership with the local e-commerce giant Souq, owned by Amazon, at a competitive price of EGP 2,789.

The Hot 6 Pro comes with a high-speed dual camera targeting emerging markets in Africa, the Middle East, South America, and Asia. It is primarily aimed at young people aged 15-25 years old. The device operates on Android 8.0 (Oreo). The device is balanced in terms of performing several tasks.

The Hot 6 Pro is a great addition to the Hot series. The smartphone is aimed at researchers, young people, and those passionate about advanced technology. Young people will get more creative during the summer as they use this dynamic and beautiful device to take distinct photos.

Hot 6 Pro specifications

Network: 4G, dual nano SIM card

Operating System: Android 8.0 (Oreo) Hummingbird XOS 3.2

Display: 6-inch widescreen with 18:9 ratio

Dimensions: 160.43 x 76.21 x 8.6 mm

Processor: Qualcomm Snapdragon 1.4GHz Quad-core

Battery: Unremovable 4000 mAh

Memory:  16/32 GB RAM and 2/3 GB ROM

Sensors: Fingerprint, Facial recognition, Gyroscopes

Camera: Primary 13MP + 2MP, f/2.0, autofocus

Video: 1080p at 30 frames/second

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Bekia will take your waste, give you food, metro tickets, school supplies, medicines https://dailynewsegypt.com/2018/05/30/bekia-will-take-your-waste-give-you-food-metro-tickets-school-supplies-medicines/ https://dailynewsegypt.com/2018/05/30/bekia-will-take-your-waste-give-you-food-metro-tickets-school-supplies-medicines/#respond Wed, 30 May 2018 08:00:26 +0000 https://www.dailynewsegypt.com/?p=661090 First platform trading waste for commodities

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Bekia is a term we have been familiar with in Egyptian cultural heritage. It indicates old, unused items that are often dumped in garbage bins.

Over the past several years, Egypt has suffered from a rubbish problem, and is still suffering from the lack of separation of waste materials and their abundance on roads.

Egypt annually produces about 22bn tonnes of waste and the government cannot deal with that waste effectively, which represents a social problem.

Opportunities arise from the womb of suffering. A group of Egyptian youth decided to look between the folds of crisis for opportunities.

Alaa Afifi, co-founder of Bekia, decided to launch a platform to trade waste that can be recycled with commodities and foodstuffs.

For waste like empty plastic bottles, people can get bags of sugar or rice, metro tickets, or even medicines and household items.

Bekia plans to expand its market outside Egypt next year, its co-founder told Daily News Egypt in an interview, the transcript for which is below, lightly edited for clarity.

What is your full-time job?

I am currently a product manager at an e-commerce company in Egypt, alongside my company, which I founded almost a year ago.

How did you come up with the idea of ​​creating the Bekia platform?

Bekia is the first barter platform to replace waste that can be recycled with goods and products that we use in our daily lives.

We started the launch of the Bekia platform in May 2017, before which we conducted market research and studies for six months in the Zabaleen (Garbage Men) district to learn about the process of recycling electronic waste and what waste is valuable and how to benefit from the waste.

Our goal from the beginning at Bekia was to exploit the problems existing in Egyptian society and turn them into investment opportunities.

The problem of garbage is one of the major problems experienced by different governments, and we saw a great investment opportunity.

We came to the idea of ​​the platform in August 2016. We followed up with the workers in the Zabaleen district to learn details about investment in garbage.

But we had a problem—the extent to which the population accepted the general idea of ​​using a website for the disposal of waste, and we found a solution only after the flotation.

In November 2016, when the currency was floated, commodity prices rose dramatically and household spending on food doubled, giving us a good chance to overcome the problem of pushing people to use the platform.

We decided to link the delivery of recyclable waste to basic commodities to encourage people to use the platform to dispose of waste.

Can you further explain that point?

The concept is very simple. If you have recyclable waste, such as used oil, plastic bottles, paper, or electronic waste, you can record that on the platform for the system to evaluate them and grant you points that can be used to buy other commodities. A member of the Bekia team then communicates with the user to carry out the exchange.

Anyone can replace waste with goods through simple steps across the platform:

Here is how it works:

1. Separate each of the “bekia” items.

2. Visit www.bekia-egypt.com and chose a suitable time for you and chose the bekia you have and want to exchange.

3. Wait for our visit at the time you specified, and we will bring your goods.

Alaa Afifi, co-founder of Bekia

When did you officially start your business?

We started our activity officially in May 2017 and began covering six areas in greater Cairo: Zamalek, Dokki, Mohandessin, Agouza, Manial, and Ard El-Lewa.

These areas are close to our storage in Ard El-Lewa to cut the costs of transportation.

In the first two months from the start of our operation, we did not receive a single request.

How many people are working with you?

At first, there were two of us as co-founders, now we have five. In the coming period, we will employ more people to help our expansion plans.

How did you overcome the problem of people not responding to the idea?

During the first two months, there were not requests. We worked to improve the system and leased a car. We also launched a Facebook ad campaign to promote the car’s location, which we changed every week, so that clients could come and exchange their desired waste for commodities.

What did you achieve a year after your company started?

Currently, we are located in 16 areas in greater Cairo. We have about 2,600 customers and have conducted 7,000 replacements. We managed to get rid of 60 tonnes of waste.

What goods can customers obtain in exchange for waste?

There are more than 40 items that customers can obtain in exchange for waste, including dairy, pasta, rice, sugar, oil, flour, water, vinegar, tuna, and even Nescafé.

Since last week, we have allowed the replacement of waste for metro tickets. In the next few days, we will be replacing waste for school supplies.

We have now reached the final stages of negotiations with a company in the field of medical services so that customers receive a discount coupon on doctor bookings through that company in exchange for waste.

Why did you opt for the barter system instead of giving users money for the waste?

The financial value that the customer will receive for the delivery of waste will be low and discouraging. But getting the goods that can be used daily encourages them to exchange waste. We also have deals with hypermarkets to obtain goods at lower prices, which means that clients can get the goods cheaper than market value.

The main objective of the Bekia platform is to improve people’s lives by helping them to safely dispose of waste and to obtain added value from their waste.

What new things should we expect in your service?

In the coming days, we will allow customers to exchange their waste for medicines. We have also been able to buy a private car for the company, so that daily collection and exchange of waste will be easier.

How will you earn revenue from your business?

At the beginning, we were making big losses because there was no return. But now we are making revenue. Currently, we are working to breakeven between expenses and revenues.

But the profit is dependent on reaching a critical number of clients so that revenues can offset spending. We are working in the coming period to improve the service, and to disseminate a recycling culture among more people.

What is the fate of the waste you collect?

At first, we used to deliver the waste to the waste recycling plants, but now we are trying to repair some of the electronic waste we receive and resell it.

What is the amount of waste you have collected?

We plan to reach 500,000 tonnes by the end of the year. In two years, we plan to establish a recycling factory so that we can be self-dependant throughout the entire process.

How much investments have you made so far?

Currently, we have invested over EGP 500,000, all through self-financing.

Do you have plans to raise investments?

We already have plans for investments to support our business, but not for the time being. Most of the investors we talked to have set impossible conditions and wanted large stakes of the company for little money, which is unacceptable to us. We have confidence in our service’s growth.

How do you identify what waste can be replaced by points?

We have an accounting system in the platform that changes daily by changing the price of a certain commodity in the market. There is an estimate of the prices of the replaced waste. The system can then estimate points for waste and match them with goods points.

We determined the price of waste based on our market study.

What is the most common waste?

Plastic bottles are the most replaceable type of waste and the least valuable, as every 80 bottles equal a kilogram of plastic.

What is the most valuable waste?

Used oil and electronic waste.

What is the most common commodity users receive instead of waste?

Pasta, noodles, milk, rice, and salt.

Why did you choose the waste market to invest in?

At the beginning, we explained that we are looking into problems to find investments. Garbage is one of the main problems facing Egyptian society. There are 22bn tonnes of waste produced in Egypt every year. This highlights the importance of the market.

Do you have plans to expand beyond Egypt?

We are planning to enter new markets with our services and, therefore, we are considering expanding into a new market starting next year. We are currently studying two markets to choose one to enter.

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14% growth in ICT sector in Q1 2018 https://dailynewsegypt.com/2018/05/29/14-growth-in-ict-sector-in-q1-2018/ https://dailynewsegypt.com/2018/05/29/14-growth-in-ict-sector-in-q1-2018/#respond Tue, 29 May 2018 14:30:18 +0000 https://www.dailynewsegypt.com/?p=660995 Yasser El-Kady, minister of communications and information technology, said that the ICT sector achieved growth rates of 14%, year-over-year, at the end of the first quarter of this year. He added that the achieved growth was 9.5% for the communications sector and 4.5% for the information technology sector. He pointed out that last fiscal year, …

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Yasser El-Kady, minister of communications and information technology, said that the ICT sector achieved growth rates of 14%, year-over-year, at the end of the first quarter of this year.

He added that the achieved growth was 9.5% for the communications sector and 4.5% for the information technology sector. He pointed out that last fiscal year, the sector took the lead of the country’s economic growth, pushed by the investments of companies and the communication licenses issued by the government.

El-Kady explained that by the end of 2020, Egypt’s digital transformation will be announced after the implementation of the strategy to digitise the country, pointing out that by the end of 2019, all government services will be offered electronically.

“We are in discussions with our partners from international companies and institutions to activate the implementation of this important strategy, especially since that the ICT sector has become the common denominator in the development of any other sector after the completion of the process to provide 4G services,” he said. He also added that Egypt is encouraging e-industries. “Now, there exists the first mobile phone to be manufactured in Egypt and challenges were turned into opportunities,” the minister said. “There are strong trends towards manufacturing tablets. We have international companies that continue to support the government to manufacture electronics.”

“The support the sector receives from the state’s leadership is great. The sector is promising and is one of the most important sectors and the main engines of the national economy. It has achieved leaps in the growth rates over the past two years by up to 12.5%. This is unprecedented growth. It also contributes to the GDP by over 3.5%. The sector achieved exports worth $3.26bn, with an over $1.7bn increase,” the minister added.

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ElBalto: Healthcare app connecting patients, doctors, caregivers https://dailynewsegypt.com/2018/05/23/elbalto-healthcare-app-connecting-patients-doctors-caregivers/ https://dailynewsegypt.com/2018/05/23/elbalto-healthcare-app-connecting-patients-doctors-caregivers/#respond Wed, 23 May 2018 17:43:09 +0000 https://www.dailynewsegypt.com/?p=660459 ElBalto, a mobile-based platform, was launched by a startup aiming to transform healthcare through connecting patients, doctors, and caregivers. The co-founder and CEO of the company, Mahmoud Abdalla, explained that receiving medical assistance in non-emergency cases often meets unneeded hassles and obstacles, such as traffic jams, doctor cancellations, or no-shows He added that in Egypt’s …

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ElBalto, a mobile-based platform, was launched by a startup aiming to transform healthcare through connecting patients, doctors, and caregivers.

The co-founder and CEO of the company, Mahmoud Abdalla, explained that receiving medical assistance in non-emergency cases often meets unneeded hassles and obstacles, such as traffic jams, doctor cancellations, or no-shows

He added that in Egypt’s case, with more than 98.87m mobile subscribers, ElBalto would allow patients to consult an accredited doctor online using a mobile application and communicate either via voice or video call.

Furthermore, the app would also have an option to request or schedule a home visit. “We make sure to stay as close as possible to our clients, putting their needs and feedback at the heart of our decisions. The services we offer are meant to make their lives easier and more comfortable”, said Abdalla, also adding that ElBalto is making sure to attract the best healthcare professionals out there (doctors, physiotherapists, nurses, and nurse aids), guaranteeing the quality as well as reliability of ElBalto.

On the other hand, Chief Marketing Officer Shahinda Samir explained that given the growing need for accessible, easy, and reliable healthcare,  it will not take long for users to get used to this new way of seeking healthcare.

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Most important quality criteria at Samsung maintenance centres https://dailynewsegypt.com/2018/05/23/most-important-quality-criteria-at-samsung-maintenance-centres/ https://dailynewsegypt.com/2018/05/23/most-important-quality-criteria-at-samsung-maintenance-centres/#respond Wed, 23 May 2018 07:30:27 +0000 https://www.dailynewsegypt.com/?p=660244 Samsung is the largest smartphone maker in Egypt and the world. The company held 39% of smartphone sales in the Egyptian market at the end of April. Its control over a large share of smartphone sales increases the number of phones in maintenance services compared to the rest of the companies, given Samsung’s large market …

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Samsung is the largest smartphone maker in Egypt and the world. The company held 39% of smartphone sales in the Egyptian market at the end of April. Its control over a large share of smartphone sales increases the number of phones in maintenance services compared to the rest of the companies, given Samsung’s large market share.

In this report, Daily News Egypt reviews the most important criteria that Samsung ensures are available in its maintenance centres in order to offer the best service possible to its customers.

1- One-hour repair

Samsung started implementing the one-hour repair vision in 2012. In 2015, 35% of phones it received were repaired in only one hour. Now, the ratio of phones repaired in only one hour is 80% in Cairo and Alexandria.

2- Measurement indicator

Samsung has an indicator to measure the repair rate of its devices. The indicator can identify the devices that were maintained more than once in 30 days. Samsung has set a maximum limit of phones that should be returned to maintenance centres within 30 days of their first repair, in accordance with the company’s quality standards. The limit is 2.5%.

3- Sufficient spare parts

Samsung has spare parts available in the warehouses of its maintenance centres, sufficient for each centre. Additionally, there are spare parts in the main warehouse sufficient for a period of three months.

4- Short distance

The distance between a technician and the spare parts they will be using is not to exceed one metre, in order to avoid wasting time and ensuring the speed of the maintenance process.

5- Spare parts available before product launch

Samsung is committed to providing spare parts for the new products in its warehouse nearly a month before launching the phone model.

6- Evaluating the performance level of technicians

Samsung measures the performance of its centre and its consumption rate of screens and other spare parts.

7- Opinion polls

Samsung conducts polls to explore the opinions of customers and understand more details on their experiences with repairing their phones

Samsung currently has 24 main maintenance centres across Egypt. It also has several mobile customer service and maintenance centres.

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Weelo offers cloud-based delivery platform that digitises orders, delivery https://dailynewsegypt.com/2018/05/23/weelo-offers-cloud-based-delivery-platform-that-digitises-orders-delivery/ https://dailynewsegypt.com/2018/05/23/weelo-offers-cloud-based-delivery-platform-that-digitises-orders-delivery/#respond Wed, 23 May 2018 06:00:24 +0000 https://www.dailynewsegypt.com/?p=660237 Company has 4,000 customers, more new users every day, says Asfour

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A new cloud-based delivery system is now in town. Weelo connects customers to its nearest partner supermarkets, and the users can then shop using the app available on Google Play and the App Store. While the biggest challenge facing the new company is gaining the trust of the supermarkets themselves, Weelo already has some 4,000 users and is growing.

Mohamed Asfour, fouder and CEO, and Sophia Korayim, co-founder and COO, spoke to Daily News Egypt about their initiative, their experience and their future plans.

Can you start by explaining to us what Weelo is and what services it offers?

Korayim: Weelo is a new cloud-based delivery platform that helps supermarkets digitise the order and delivery process. Through the Weelo application, we connect customers to the nearest Weelo partner supermarkets. Our partner supermarkets receive technology that helps them streamline their order and delivery process. They also receive access to dashboard and analytics, back office, and customer support, and they receive a real-time inventory management system. Weelo helps digitise traditional supermarkets, chains, and hypermarkets so they can access online customers.

Sophia Korayim, co-founder and COO,

How can customers purchase through the Weelo application?

Asfour: You can download Weelo on Google Play or the App Store in both English and Arabic versions. With Weelo, customers can browse thousands of products from the app on their smartphone from their nearest supermarket, select the groceries they want, and place an order from the comfort of their homes. Once the order is ready, Weelo drivers deliver to our happy customers in 45 minutes.

Are you buying from certain stores or from stores chosen by the customer?

Korayim: Weelo connects its customers to the nearest supermarket through geo location technology. Customers will receive their orders from a selected Weelo partner supermarket that is closest to their area so customers can receive their order in 45 minutes.

How many customers are currently online?

Asfour: We have 4,000 customers and more new users every day. We are also proud to announce that Weelo is currently featured in the App Store in Egypt this week under “New Apps We Love”. We are honoured and extremely proud that our app was selected by Apple. Each week, the local App Store editors determine the best—and most relevant—apps for their specific users. By having humans choose the apps, Apple ensures that the featured apps will be the ones most likely to appeal to local users. This accomplishment validates our technology as well as recognises that our app has an excellent user experience for our customers.

Did the demand for your services increase due to the month of Ramadan?

Korayim: Ramadan is always a busy month. We have peak times before iftar and mainly on weekends.

Do you fulfil purchases and deliveries to any place in Egypt?

Asfour: We currently deliver to residents of New Cairo in Al Yasmeen, El Banafseg, and Al Rehab areas; residents of Sixth of October in El Motamayez District, 7th district, 1st district, 2nd district, Bashayer, andSheikh Zayed. Weelo also delivers to the following compounds: Beverly Hills, Khamayel, Zayed 2000, El Mohandessin, Palm Hills, and more. We will be launching in new areas during Ramadan, covering the Third and Fifth Settlements in New Cairo. By the end of the year, we aim to expand our service throughout Cairo and Giza.

What are the most important features of your future plans?

Korayim: We plan to include personalised shopper services, as well as online payment and e-wallet functionality. We also plan to introduce a Weelo web-based platform as well as build an AI assistant to enhance customer engagement.

Mohamed Asfour, fouder and CEO

Are there plans to get investments to finance your future expansions?

Asfour: We are currently seeking interested investors and venture capital firms to help us achieve our expansion plans over the coming 18 months.

Have you received offers for your acquisition?

Korayim: We have had positive responses and feedback from potential investors in the startup ecosystem and we are currently in talks with a few investors, some of which we are negotiating terms.

What are the most important challenges you have faced?

Asfour: One of the biggest challenges we faced was gaining trust from supermarkets. Lately, retailers all over the world have been showing great interest in online shopping or e-commerce and many supermarkets are searching for the best approach to maintain their reputation in providing the best shopping experience for their customers. Weelo shares this vision with our partner supermarkets and aims to help them achieve these goals. In doing so, we are able to provide the largest selection for our customers and deliver in 45 minutes.

You are involved in helping students in Egypt benefit from Marj3. Can you explain this

experience to us?

Mohamed Asfour, fouder and CEO, and Sophia Korayim, co-founder and COO

Korayim: Weelo currently delivers in two main locations in Egypt: New Cairo and Sixth of October. These areas are populated with university students and, interestingly enough, we have found that many of them are our customers. They mainly order late night snacks, sweets, and dinks that they need delivered in 45 minutes. We wanted to help give back to these students and support them through a fun competition. So we launched the Great Grocery Giveaway Competition’in partnership with Marj3. Any student enrolled in university living in New Cairo or Sixth of October could enter the competition to win thousands of Egyptian pounds in cash to help them buy groceries. We wanted to support them while they are enrolled at universities. In the future, we plan to offer Weelo scholarships and many more initiatives to help student activities. The future of Egypt is in its youth.

Have you launched initiatives to support student activities? Can you tell us about them?

Asfour: Weelo also supports many other student activities in various universities in Egypt. Weelo proudly announces its partnership with Enactus Misr University For Science and Technology (MUST) and MUST Medical Students’ Association – MUST International Research Congress as part of the Weelo ambassadors initiative that supports the students activity scene in universities by giving them a real opportunity to compete in the market and bring their skills to action.

Weelo also offers multiple opportunities available for students and fresh graduates. Our undergraduate internship programme allows students to learn an assortment of functions and they can benefit from learning beyond the classroom when they gain hands-on experience. Based on successful performance and the talent needs of our business, interns may have the opportunity to become full-time Weelo employees.

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Telecom Egypt’s EISCC buys MENA-SCS for $90m https://dailynewsegypt.com/2018/05/21/telecom-egypts-eiscc-buys-mena-scs-for-90m/ https://dailynewsegypt.com/2018/05/21/telecom-egypts-eiscc-buys-mena-scs-for-90m/#respond Mon, 21 May 2018 13:29:29 +0000 https://www.dailynewsegypt.com/?p=660038 Telecom Egypt has announced that its 50% subsidiary, the Egyptian International Submarine Cables Company (EISCC), has completed an agreement with Orascom Telecom Media and Technology Holding (OTMT) for the purchase of OTMT’s shareholding in Middle East and North Africa Submarine Cable System (MENA-SCS) for a total value of $90m. The transaction aims to be concluded …

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Telecom Egypt has announced that its 50% subsidiary, the Egyptian International Submarine Cables Company (EISCC), has completed an agreement with Orascom Telecom Media and Technology Holding (OTMT) for the purchase of OTMT’s shareholding in Middle East and North Africa Submarine Cable System (MENA-SCS) for a total value of $90m. The transaction aims to be concluded in 60 days, after the fulfillment of all conditions.

Telecom Egypt had said on 10 May that its board of directors approved the acquisition, to be financed through a shareholder loan from Telecom Egypt. The EISCC’s financial advisers included KPMG and First Capital Financial Advisory, while Al Tamimi & Co and ALC Law Office were the legal advisers and Metel ICT the technical adviser.

The decision to acquire MENA-SCS is part of Telecom Egypt’s strategy to achieve a short-term return from this investment and preserve the revenue stream of the submarine cable systems. MENA-SCS is licensed in Egypt and Italy to operate a submarine telecommunications system connecting Europe to the Middle East and Southeast Asia. The new cable system will fortify TE’s network offering to the maximum number of routes between India and Europe, as well as add a new gateway to Europe through Italy.

Ahmed El Beheiry, managing director and CEO of TE, said that the acquisition of MENA Cable is an important step in the company’s strategy that will enhance the company’s marine cable business and raise its US dollar-denominated revenues.

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Apple takes 47% of April tablet sales in Egypt https://dailynewsegypt.com/2018/05/20/apple-takes-47-of-april-tablet-sales-in-egypt/ https://dailynewsegypt.com/2018/05/20/apple-takes-47-of-april-tablet-sales-in-egypt/#respond Sun, 20 May 2018 14:13:31 +0000 https://www.dailynewsegypt.com/?p=659947 Apple accounted for 47.1% of Egypt’s tablet sales in April, leading the domestic tablet market. Apple’s share increased by nearly 3% compared to March, when its market share was 44.3%. Samsung came second on the list with 34% of market sales in April 2018 compared to 39.4% in March. Samsung’s market share of tablet sales …

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Apple accounted for 47.1% of Egypt’s tablet sales in April, leading the domestic tablet market. Apple’s share increased by nearly 3% compared to March, when its market share was 44.3%.

Samsung came second on the list with 34% of market sales in April 2018 compared to 39.4% in March.

Samsung’s market share of tablet sales declined in April by 5.4% compared to its share in March, according to a report issued by StatCounter.

According to the statistics, Tecno Mobile accounted for 2.1% of tablet sales, coming third on the list by the end of April 2018, versus a market share of 2% in March.

Meanwhile, Alcatel-Lucent doubled its market share in Egypt in April, increasing its market share to 1.12% compared to 0.5% in March 2018.

In fourth place came Acer, which accounted for 0.41% of market sales in April, versus 0.31% in March.

In last place came Sony Ericsson. Its tablet market share in Egypt reached 0.14% in April compared to 0.12% in March.

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Honor eyes 5% of smartphone sales in Egypt by end 1Q 2019 https://dailynewsegypt.com/2018/05/16/honor-eyes-5-of-smartphone-sales-in-egypt-by-end-1q-2019/ https://dailynewsegypt.com/2018/05/16/honor-eyes-5-of-smartphone-sales-in-egypt-by-end-1q-2019/#respond Wed, 16 May 2018 08:30:24 +0000 https://www.dailynewsegypt.com/?p=659581 We aim to be among top three smartphone sellers in world by 2022, says Baigong

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Honor, a sub-brand of Huawei, has its eyes on securing 5% of Egyptian smartphone sales by the end of the first quarter of 2019. Despite launching in Egypt only a few days ago, the company has already introduced four smartphone models.

Chris Sun Baigong, the vice president of Honor in the Middle East and North Africa (MENA), told Daily News Egypt in an interview that the company sees opportunities for growth in the Egyptian market, where reports indicate Egypt’s growth in the smartphone sector at 22% in 2018 compared to last year.

In Egypt there are more than 26 smartphone brands, making the competition hard. What advantages do you have?

There is already fierce competition in Egypt’s smartphone market, but we have a number of key advantages, namely quality and development, which are the key factors in driving our presence and spread worldwide.

The way we communicate with the consumers we target differs from other competitors. We are a new and young brand, and we aim to communicate with young consumers, so we have a common language, which helps to increase interaction with them.

The third advantage that supports our presence among the competition is a partnership with Etisal to be the sole distributor and exclusive agent for Honor phones in Egypt.

The company helps distribute our products via different outlets and e-commerce websites.

What are your plans to set up affiliate sales centers?

We plan to place our products on the shelves of more than 1,000 locations in our first three months in Egypt, then up to 2,500 points by the end of the first year.

How many phones do you plan to sell during the first year?

We did not think about the number of phones we were aiming to sell but we are planning to acquire 5% of the market in our first year here.

The Egyptian market sells about 1m mobile phones per month, and thus, Honor aims to sell some 50,000 units per month.

Currently, the mobile market is shrinking due to the presence of many competing brands. Why did Honor separate from Huawei?

A few days ago, I read a report that says smartphone sales in Egypt will increase by 22% this year compared to the previous year, which confirms the presence of a strong opportunity for growth in the Egyptian market.

But this is because the market is not saturated with smartphones yet, but when it is. Will the market’s sales growth decline?

According to our strategy, we prefer to have two separate brands, especially given that Honor is different from Huawei. Honor focuses on youth consumers, so our main advertising and selling points are focused on digital channels.

What about aftersales services for Honor products?

We offer a one-year warranty on our products through our partners, Etisal, which has cooperated in providing maintenance services at 30 Raya Holding maintenance branches.

What are the most prominent features of your plans for the upcoming period?

Some 85% of Honor sales last year were made in China, while only 15% were abroad. By 2020, we plan to have only 50% of sales in China, and the remaining in other parts of the world.

We have a plan to be among the five biggest smartphone brands by 2020. And by 2022, we will become one of the world’s largest three smartphone brands.

There are some retailers manipulating prices in the market. How do you face it?

We have the advantage that our products have one agent in Egypt, Etisal. Hence, there is no opportunity for retailers to manipulate prices in what is known as “burning prices”, since the main provider is one company.

Do you currently have partnerships with mobile operators?

We already have plans for that kind of partnership, and we have plans to cooperate with different operators but there is no final agreement with any of them. We want to only cooperate with partners that can provide added value to consumers.

Do you have plans to manufacture in Egypt?

This is something that we can neither confirm nor deny at present. We are a new brand in the market. First, we must seek an appropriate sales volume to decide if we will need to sign partnership agreements for manufacturing here.

There is one company that controls the largest share of smartphone market sales in Egypt. Do you plan to acquire your target share at the expense of the largest company, or attract new smartphone users?

We have a very great opportunity to compete depending on the quality and development of our products and plan to acquire 5% of the market in our first year, regardless of where this figure will come from.

We do not think about competing brands, but we focus on providing the best products to our customers. All the phones we have launched in Egypt come with ultranarrow bezels and new cameras equipped with face unlock features. The phones can also be used to play video games.

What is the importance of the Egyptian market for you in the MENA region?

Currently we launched our products in various markets across the MENA region, as well as in Iran and Pakistan. Egypt is among the most important markets in the Middle East and the world for our plans.

The importance of the Egyptian market is due to the presence of a wide range of youth who are active on social networking sites.

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Flat6Labs Cairo graduates 10 innovative startups at its 10th Demo Day  https://dailynewsegypt.com/2018/05/16/flat6labs-cairo-graduates-10-innovative-startups-at-its-10th-demo-day/ https://dailynewsegypt.com/2018/05/16/flat6labs-cairo-graduates-10-innovative-startups-at-its-10th-demo-day/#respond Wed, 16 May 2018 08:00:00 +0000 https://www.dailynewsegypt.com/?p=659577 Flat6Labs, the regional early-stage investment company and accelerator, held on Monday its 10th Demo Day in Cairo with 10 new startups graduating from its first cycle in 2018. Flat6Labs Cairo’s 10th cycle commenced on 13 February in 2018 and welcomed 10 promising new teams, filtered from about 400 applications, who are now excited to launch …

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Flat6Labs, the regional early-stage investment company and accelerator, held on Monday its 10th Demo Day in Cairo with 10 new startups graduating from its first cycle in 2018.

Flat6Labs Cairo’s 10th cycle commenced on 13 February in 2018 and welcomed 10 promising new teams, filtered from about 400 applications, who are now excited to launch their businesses to the general public.

This cycle had entrepreneurs coming from all over Egypt and the startups are across various industries, from fintech, medicine, training, and development to transportation, insurance, and retail, offering innovative online and digital solutions.

Among the attendees of the Demo Day were Flat6Labs investors, mentors, top government officials, reputable technology experts, and influencers from the region.

Flat6Labs Cairo fosters and invests in bright and passionate Egyptian entrepreneurs with cutting-edge ideas and supports them by providing access to a vast network of local and international investors, industry experts, partners, and corporations. With a fund size of EGP 100m, Flat6Labs Accelerator Company (FAC) aims at investing in up to 100 early-stage startups and more than 300 entrepreneurs, during its five years investment period. Every six months, Flat6Labs Cairo provides seed capital to 10 new startups, where each company receives up to EGP 500,000 in funding for 10% equity.

Moustafa Khater, Flat6Labs Cairo managing director, said he was proud to witness such bright and passionate entrepreneurs, representing an exquisite display of diversity. “With a bustling population shortly at the 100 million mark and with 50% below the age of 30 and tech savvy, Egypt is poised to be one of the fastest growing entrepreneurial hubs in the world. We realise this opportunity and would like to encourage entrepreneurs through their critical first steps of their development. We are now ready for the 11th cycle and look forward to welcoming new, innovative, and disruptive technologies in Egypt,” he added.

The 10 graduating startups that are showcasing their technologies and business ideas at Flat6Labs Cairo’s 10th Demo Day include: 

7aweshly: a mobile application for micro-savings that aims to help people get committed to save from their recurring income.

Arza2: a platform targeting blue-collars, aimed at promoting training and development programmes as well as jobs for self-employed individuals.

Chefaa: an on-demand application to scan and deliver prescriptions to patients, locate the nearest pharmacy, and order from pharmacies online.

iSagha: the first online jewellery marketplace and the go-to platform for gold and silver price checks in the region.

Med Misr: a digital third-party administrator that provides medical insurance companies with innovative online paper-free solutions with fraud controls.

Mosawer: a platform that aims at connecting photography professionals to clients around the MENA region.

Tombeely: a digital platform aimed at being a one-stop shop for everything car-related.

Transpooler: a platform that aims at giving parents, schools, and fleet companies the right tools to ensure safe and convenient transportation for next generations.

Wasel: a transportation platform connecting passengers between governorates with professional drivers.

Weelo: a platform that connects users to their nearest supermarkets to facilitate grocery shopping.

Flat6Labs is a regional startup accelerator programme and seed investment company that fosters and invests in entrepreneurs. It provides seed funding, strategic mentorship, a creative workspace, a multitude of perks, and entrepreneurship-focused business training. In addition, it directly supports startups through an expansive network of partner entities, mentors, and investors. Flat6Labs currently has accelerator programmes and seed funds in Cairo, Jeddah, Abu Dhabi, Beirut, Tunis, and Bahrain.

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TE board of directors approves MENA Submarine Cable Systems acquisition https://dailynewsegypt.com/2018/05/12/te-board-of-directors-approves-mena-submarine-cable-systems-acquisition/ https://dailynewsegypt.com/2018/05/12/te-board-of-directors-approves-mena-submarine-cable-systems-acquisition/#respond Sat, 12 May 2018 18:28:38 +0000 https://www.dailynewsegypt.com/?p=659105 The board of directors of Telecom Egypt (TE) approved the acquisition of MENA Submarine Cable Systems, in line with the company’s strategy to expand in the field of submarine cables. MENA Submarine Cable Systems will be a part of TE’s network, which will connect a large swathe of the world from the east to the …

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The board of directors of Telecom Egypt (TE) approved the acquisition of MENA Submarine Cable Systems, in line with the company’s strategy to expand in the field of submarine cables.

MENA Submarine Cable Systems will be a part of TE’s network, which will connect a large swathe of the world from the east to the west, as it will extend from India to Italy, and will pass through Egypt. This will support the position of TE as one of the most important cable operators in the Middle East. This agreement will be concluded after obtaining approvals from the concerned regulatory authorities.

Ahmed El-Beheiry, the company’s CEO and managing director, said that the company approved the acquisition because it focuses on a wholesale business concept, in order to secure continued incomes, expand its activities, and become one of the main integrated operators across the Middle East.

TE announced in late March that there was a potential investment opportunity in the field of submarine cables, which made it reduce the proposed value of shareholders’ distributions in 2017 by nearly EGP 1.3bn ($74m).

Orascom Telecom Media and Technology Holding (OTMT) announced in March that it would sell its shares in MENA Submarine Cable Systems for $90m.

Orascom’s owns about 99.99% of MENA Submarine Cable Systems. The capital of OTMT is estimated to be around EGP 2.2b,ndistributed across 5.2bn shares, with a nominal value of 42 piastres per share.

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Do web directories still work for marketing in 2018? https://dailynewsegypt.com/2018/05/12/do-web-directories-still-work-for-marketing-in-2018/ https://dailynewsegypt.com/2018/05/12/do-web-directories-still-work-for-marketing-in-2018/#respond Sat, 12 May 2018 12:52:57 +0000 https://www.dailynewsegypt.com/?p=659043 Internet user penetration in Egypt reached 48% in 2017 according to Statista. The internet has become a very important platform, especially as 81% of internet users in Egypt say that they cannot live without it, according to eMarketing Egypt’s eighth annual report “visions for e-marketing in Egypt”. Nowadays, it is hard to find internet marketers …

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Internet user penetration in Egypt reached 48% in 2017 according to Statista. The internet has become a very important platform, especially as 81% of internet users in Egypt say that they cannot live without it, according to eMarketing Egypt’s eighth annual report “visions for e-marketing in Egypt”.

Nowadays, it is hard to find internet marketers who would implement marketing strategies that focus much attention, if any, on web directories. It is 2018 and search engine optimization (SEO) tactics have evolved substantially. Nonetheless, Egyptian website owners list their websites in general web directories. We have analysed a few web directories’ Egyptian regional section.

Remember the days when directories were used heavily by internet entrepreneurs and established brick and mortar businesses alike? The use of these directories began to drastically decrease as a form of marketing by the time 2006 came along.

The issues concerning web directories

The problem concerning the premise of using these sites for marketing purposes was, in one word, Google. Google began changing its search engine algorithms at will, just when internet marketing schemes were all the rage among internet entrepreneurs. Selling internet marketing products that were supposed to make you rich in a week became all the rage too.

It was these kinds of marketers who were using internet directories for deceptively driving links to their websites. It did not take long for all kinds of other unprincipled marketers to fill most web directories with garbage.

As a result, Google was forced to take measures to ensure that Google algorithms were not exploited by less than honourable marketing strategies for improving page rankings. These efforts by Google continue to this day and will do nothing but continue to evolve.

Hope is not lost, though. There are still some noteworthy web-based directories that can work well for SEO campaigns if they are used properly. It is just important to remember that this cannot be the only way you drive traffic to your site. It takes a variety of SEO strategies to be successful. Using social media platforms like Facebook and Twitter, and utilising posts and comments made by your website visitors are other ways, among many others.

Remember what directories essentially are. They are no more than online Yellow Pages. However, back in the days when having one of these Yellow Pages was necessary, would it not have been great to be listed in one? This alone would almost guarantee that your business would get at least some customers, right? It would definitely get more than it would if it was not listed. This is still true today.
Considerations before choosing web directories

It is important to submit your business to a web directory that is well-established and has a good reputation for only listing reputable businesses. It would take a lot of research and professional knowledge to judge correctly if it were not for some tools available to you online.

Alexa Rank Checker is a toolbar that you can download from its website. This tool can easily help you find the ranking of a website. Ranking information includes the number of visitors as well as the performance of competing and similar websites. These will always give a clear idea of the ranking of websites and if you should post with them.

Majestic is another software company that has created its own way of judging the success and quality of websites. This way of ranking a website will provide two types of information. The first is the trustworthiness of the website, which is known as trust flow (TF). The second is the level of domination it has over other websites, which is known as the citation flow (CF). This information can be obtained by using the Trust Flow Checker tool on the SEO Checker website.

The Domain Authority (DA) of a website says a lot. This is information that is provided by the marketing and marketing analytics software company, Moz. The DA of a website tells you the performance of a website when it comes to search engine page rankings. It evaluates how well a website would rank on Google, Yahoo, and other popular search engines. The score is mostly from one to 100, but there are higher page rankings for the more prominent websites.

If all else fails to give a clear picture as to the usefulness and quality of the directory, a personal tour will probably do it. Go to the website and check for yourself. Ask yourself if the colour scheme and appearance is professionally and visually appealing or boring. Ask yourself if it’s well-arranged and easy to navigate. Do a Google search and see what others are saying about this directory.

Then check to see what their rules are regarding business listings. If they will accept just any business listing without any verification or rules you have to follow, they cannot be good quality.

Remember that picking the wrong directory for your business is much the same as taking small efforts to destroy your business. If your business is listed in the wrong place, it can actually have your links ending up being labelled as leading to content regarded as spam, ruining your business’s reputation.

The best directories for SEO marketing

The best online directories will have other benefits besides just posting your site URL. They will also provide incentives to use their platforms as opposed to others. The best ones will also provide the option of posting deep links to your site. Deep links are links that go to specific pages of your site. They increase the internet presence of your site and add to its promotional value.
Jasmine Directory

Jasmine Directory makes it easy to get your business noticed by thousands of potential customers.

There are so many ways to make your business listing stand out with jasminedirectory.com. These include detailed descriptions of your business and attractive thumbnails.

This directory follows all the rules set forth by Google. There is a video on YouTube concerning Google compliance by software engineer Matt Cutt. He has a deeper understanding of this issue than most marketers do.

It was founded in 2009 at the Budapest University of Technology and Economics by Pécsi András and Robert Gomboș. It publishes listings by topic and by region, Asia included. This human-edited remains a good choice for information for today’s current users. It is noteworthy that many of the websites and blogs listed were added by staff members.

Like in the case of all higher-quality web directories alive, you will have to pay a certain editorial fee which substitutes for the effort of one of their editors to visit your website, make sure everything is in order, and then review your website accordingly and include it in the appropriate category. There is a one-time fee for a lifetime listing at $115.00 or a standard listing at $59.00 a year.

The directory offers business owners the option of submitting an extra five deep links when signing up for an express listing. Thumbnails are also used as a way to enhance listings.

This directory allows for detailed and comprehensive postings including a business description, social media pages, and basic contact information with a business address and phone number.

Jasmine Directory won eight Top 10 awards which were offered by The WebDirectoryReviews Organisation in 2013, 2014 and 2015.

 

Alive Web Directory

AliveDirectory.com is another well-designed directory that is easy to use. It has many of the same features as Jasmine Directory with slightly different price ranges. There are featured listing options and also regular listing options.

An annual payment of $69.95 a year will get you the regular listing, which is cheaper. The featured listing option will cost you $99.95 a year.

 

Aviva Directory

AvivaDirectory.com was started back in 2005 when the internet was changing at high speeds. The developers of Aviva seized the opportunity to build more than just a web business directory.

Like the previous two mentioned, this website’s content is edited and maintained by actual people. Aviva charges $149.95 as a one-time fee and $49.95 per year of service.

BOTW Directory

BOTW or The Best of the Web Directory has been around since 1994. This is a site that has stood the test of time and has evolved with the internet.

There is a one-time fee option of $299.95 or a $149.95 annual fee.
These sites have stood the test of time and are still very relevant today. The fees these sites charge are used to pay reviewers who have to take the time to review the business listing to cut down on bad links. So the fees are not arbitrary at all.

As the web continues to evolve, so will marketing strategies for SEO. So much has come and gone since the internet revolution began. Getting first, second, and third page rankings takes a multi-faceted marketing approach.

A high-quality business listing with a premium web directory can be an important element of a lucrative marketing campaign in 2018 for all business owners including Egyptian ones as well.

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Fawry Plus POS to reach 360 outlets in two years: Okasha https://dailynewsegypt.com/2018/05/09/fawry-plus-pos-reach-360-outlets-two-years-okasha/ https://dailynewsegypt.com/2018/05/09/fawry-plus-pos-reach-360-outlets-two-years-okasha/#respond Wed, 09 May 2018 07:00:26 +0000 https://www.dailynewsegypt.com/?p=658893 Fawry, an e-payments company, aims to expand its Fawry Plus services in the coming period. According the company’s managing director, Mohamed Okasha, it now operates 60 Fawry Plus points of sale (POS). Okasha said the company intends to reach 120 outlets by the end of the year and 360 outlets in two years. Last year, …

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Fawry, an e-payments company, aims to expand its Fawry Plus services in the coming period. According the company’s managing director, Mohamed Okasha, it now operates 60 Fawry Plus points of sale (POS).

Okasha said the company intends to reach 120 outlets by the end of the year and 360 outlets in two years.

Last year, Fawry announced the launch of Fawry Plus with a capital of EGP 60m in cooperation with public and private banks.

Okasha said that the purpose of the company is to provide all types of financial services aside from funding, where clients can apply for loans and ask for instalments through Fawry Plus outlets.

Moreover, clients can also disburse loans and pay instalments through Fawry and Fawry Plus POS.

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IDC hosts Egypt’s most influential ICT leaders for annual CIO Summit in Cairo https://dailynewsegypt.com/2018/05/09/idc-hosts-egypts-influential-ict-leaders-annual-cio-summit-cairo/ https://dailynewsegypt.com/2018/05/09/idc-hosts-egypts-influential-ict-leaders-annual-cio-summit-cairo/#respond Wed, 09 May 2018 06:30:46 +0000 https://www.dailynewsegypt.com/?p=658896 The International Data Corporation (IDC) hosted the fourth Egypt CIO Summit at the Nile Ritz-Carlton in Cairo. The annual summit, titled Developing a Blueprint for Thriving in the Digital Economy, brought together more than 100 of the country’s most influential ICT leaders and chief information officers (CIOs). The distinguished guests engaged in full-day discussion sessions …

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The International Data Corporation (IDC) hosted the fourth Egypt CIO Summit at the Nile Ritz-Carlton in Cairo. The annual summit, titled Developing a Blueprint for Thriving in the Digital Economy, brought together more than 100 of the country’s most influential ICT leaders and chief information officers (CIOs).

The distinguished guests engaged in full-day discussion sessions about emerging local, regional, and global ICT trends, such as digital business, disruptive automation, cloud innovation, digital security, the Internet of Things, and more.

In her keynote speech delivered on behalf of Egypt’s Minister of Communications and Information Technology Yasser El-Kady, Maha Rasha, acting CEO of the Information Technology Industry Development Agency (ITIDA), declared that the ICT sector is a top priority on the state’s agenda.

She also underlined that the ICT sector has been witnessing unprecedented development and is currently one of the largest contributors to the country’s GDP growth and a major exporting sector with more than $3.25bn in export revenues.

“In today’s digital world and the fast-paced IT industry, we are always keen to pursue any opportunity for collaboration and be part of all occasions that are instrumental for success. The ITIDA has joined forces with the IDC to deliver a profound understanding of Egypt’s ICT exports,” Rasha said. “Scaling Egypt’s IT/ITeS offerings, spreading science and tech parks throughout the country, electronics design and manufacturing, and building a digital-ready workforce for embracing the new digital context are among the pillars leading to our growth targets,” she added.

The IDC’s Egypt CIO Summit has served as a platform for ICT thought leadership in the country since 2015, and this year the summit’s agenda has been designed to help CIOs rethink the way they leverage information, implement emerging ICT solutions, and facilitate organisation-wide innovation, with the ultimate aim of making their enterprises more agile, efficient, and productive than ever before. The rise of disruptive automation featured prominently, while expert guidance was provided on issues such as driving digital business at scale, building a resilient cybersecurity strategy, and empowering innovation with cloud.

Jyoti Lachandani, IDC group vice president and regional managing director for the Middle East, Turkey, and Africa, started the summit’s proceedings with a session highlighting how third platform technologies are reshaping the Egyptian ICT industry. “As the digital revolution continues, the ICT industry is entering the second chapter of the third platform era, built on technologies and business models that will dramatically accelerate—and scale—digital innovation,” said Lalchandani. “The emergence and widespread adoption of technologies like cloud and big data analytics, as well as highly disruptive innovation accelerators such as the Internet of Things, artificial intelligence/cognitive systems, robotics, augmented/virtual reality, 3D printing, and blockchain, will transform the ICT landscape as we know it.”

Exclusively aimed at C-level executives and above, the summit included a rich line-up of presentations and panel discussions, delivered by technology leaders focusing on two tracks: the first was Driving Innovation with the Cloud, where discussions centred on enabling organisations to embrace rapid cloud adoption through the use of hybrid cloud solutions, easier procurement cycles, and the development, deployment, and integration of custom applications.

The second track was titled Security Metrics for the Digital Era and addressed the complexity of the region’s security landscape, examining the uptake of digital transformation, and contextualising the rising security risks. It also outlined the security metrics that organisations need to consider as part of a comprehensive security strategy. The summit also connected the providers of cutting-edge technology solutions with the influential decision-makers responsible for driving their implementation, with a series of one-on-one meetings taking place between both parties.

Commenting on the event, Nagia El Emary, IDC Egypt country manager and senior consultant for the Middle East and Africa (MEA), said: “Egypt is now the third largest MEA market in terms of ICT growth and this year’s summit succeeded in being the country’s main ICT summit to date, delivering a clear focus on enabling business transformation and economic growth through technology third platform solutions, innovation accelerators, and export opportunities. We are delighted to have reinforced the IDC’s position as the premier ICT market intelligence, advisory services, consultancy, and events provider in Egypt and a key partner in facilitating the country’s growth ambitions.”

The IDC’s partners for the Egypt CIO Summit 2018 included the ITIDA and WE as strategic partners; IBM and Oracle as summit partners; Fortinet, HP Enterprise, MobileIron, ManageEngine, Global Knowledge, and VMWare as gold partners; and Juniper Networks, Citrix, Commvault, and Veeam as silver partners.

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One Global ready to roll out in Nigeria by Q3: COO https://dailynewsegypt.com/2018/05/09/one-global-ready-roll-nigeria-q3-coo/ https://dailynewsegypt.com/2018/05/09/one-global-ready-roll-nigeria-q3-coo/#respond Wed, 09 May 2018 06:00:54 +0000 https://www.dailynewsegypt.com/?p=658890 Company targets 1.5m users in first phase

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One Global is applying the final touches on its service to launch soon in Nigeria. According to the company’s Chief Operating Officer (COO) Akeem Baiyewu, the first phase of the launch is targeting 1.5 million users of 20 million smartphone owners in the country, which has a population of some 200 million citizens. He highlighted the great investment opportunities available in the country and said that pioneers in the ICT sector keep coming back for these opportunities.

Daily News Egypt sat down for an interview with Baiyewu, the transcript for which is below, lightly edited for clarity.

Did you initiate the launch?

No, the app is found in the store. There are also deals, but have not been yet made available to end users.

When will the official launch be?

We are launching soon. We are looking at the end of the second quarter of this year or the beginning of the third quarter. Basically, we are now applying the final touches to the services.

The economic situation in Nigeria is unstable. Is it the right time to launch the product?

There is really no crisis in Nigeria. What you are reading is from the foreign media to paint our country badly. But you are now here in Nigeria and have been to several places here, would you say the same? I believe what you are hearing is media propaganda. Our economy is stable internally and the product would be used internally.

The oil price has dropped, but it does not mean this is a problem in Nigeria. There are many people like us doing business in Nigeria. There is an e-payment platform called Konga, which is a major platform in Nigeria. There are sales conducted on Instagram, many sales on Facebook, and even more across other apps. The huge population in Nigeria is also a great advantage for any business to thrive. Even if you make a few cents per user, the huge population will boost your income. We are launching with services that people use on daily basis. I am sure we will get it right. People in Nigeria like to do their business conveniently.

Even you will be surprised that Jumia is bigger in Nigeria than in Egypt in turnover.

A big South African supermarket chain came to Nigeria with a stack of products they believed would be enough for six months, but surprisingly, they ran out in one week here. Nigeria is such a great market for people who can understand it and get it right. But if you do not understand it, you will fail awfully. In Nigeria, you are either very successful or not at all.

Where were you working before?

I have been involved in many companies. I represented a Canadian company here that worked on backing up contacts and messages on SIM cards to data centres. Each time you save a new contact, it is automatically updated, so when you get a new smartphone, you can download your contacts again on the new SIM card. I was the technical director for that app.

What are the opportunities for growth in Nigeria?

Opportunities for growth are huge with more people acquiring smartphones and the internet being more accessible to more people. I am positive that Nigeria is more advanced than most countries in Africa and even outside it. The population here is close to 200 million; this is a huge market. Bill Gates was in Nigeria a few weeks ago. That was his 8th time to visit. He said it himself, “I do not know why I keep coming back to Nigeria.” I think it is because of the great opportunities here.

Another example is the founder of Facebook, Mark Zuckerberg, who visited several times. Nigeria is a country to reckon with in terms of growth opportunities.

What about the challenges?

There are challenges, of course, there is no place that is 100% perfect. There are some places that lack electricity, but many people use generators to produce their own electricity. It has become a common home appliance here.

The internet is also a challenge, but we are seeing great improvement. And I am sure that the launch of the internet balloons will speed things up sooner than we can imagine.

Moreover, the governmental policies are hindering growth, even though it is the private sector that is working on the upgrades of infrastructure. But things are moving. The government is liberalising the procedures to attract more people and investors.

I personally used to have a USB modem that I carried everywhere before ADSL existed. But a few weeks ago, a new company extended fibre optics to my area and now I finally have ADSL.

It is, of course, still challenging to cover the massive area and remote residential communities considering the huge population; but the return on investment is great in the long run.

What is your forecast for the first phase of launching the product?

We are talking with the group on launching a reward system or loyalty discount for clients to attract customers. By giving them cash back in a reward for using the service, you ensure they are loyal to you. We will also have a media campaign to announce the launch among others.

In the media, we hear about Nigerian cybersecurity problems. Is the app still safe to use?

One Global Wallet is 99.99% safe. You will be surprised how good the cybersecurity team here is. Furthermore, when users register their credit cards, the app sends an automated message to the user’s registered phone number to verify the transaction. The only time it does not ask you to verify transactions is if you use your card for three months on that platform without problems.

Do you have agreements with other companies?

We have agreements with all telecommunications companies in Nigeria as well as with the biggest electricity company here.

Are Nigerians ready to use this service?

Yes, they are.

What about the usage of smartphones in Nigeria?

I am sure it will be above 20m.

In the future, I think 1.5 million people will use our service. If smartphones are available to users, they can simply use our service and, as I said earlier, smartphone users are growing in Nigeria by the day.

Can clients use other payment methods?

They can use credit and debit cards. Clients can also use the card to recharge the wallet for extra safety. In the future, we plan to cooperate with banks to enable users to recharge their wallets through bank branches without having cards. And in the future, also through USSD for non-smartphone users.

There are 25 banks in Nigeria, but people exchange currency on the black market. Is there a problem with the exchange market?

The official currency for businesses is less profitable than the parallel market.

How many team members will you have in the future?

Eventually, we will need additional employees, maybe around two members in sales, two in accounting, and two in customer service, along with one in operations. They also have to all be Nigerians. It will be good financially and as they will know how to deal with the culture of Nigeria.

What are your transaction fees?

The bank takes 1.5% of the transaction amount, up to NGN 2,000, and our commission is 2-7%.

Are there competitors to your service?

Yes, there is a major company that does a similar business, but offline. All banks are also competitors. But people do not prefer to use banks, since it reflects directly on their accounts, whereas when they use our service, it could be easier to solve problems if any arise. We have another advantage since we provide a range of services for many segments and many areas.

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