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Latest in Technology


Compass Capital and Beltone Financial to found a new IT firm

An agreement between Compass Capital and Beltone Financial is being finalised to form the company Beltone for Information Technology. Maged Shawky, Managing Director of Beltone Financial, said that the board of directors for the new company has been formed with three members from Beltone and two members from Compass Capital. Shamel Abolfadl will head the …

Daily News Egypt

IT sector calls for more government attention

Information technology (IT) experts have said that the IT sector in Egypt has not significantly contributed to the national economy because the government has neglected its principle components. The sector has played an important role in other developing economies such as in India, Malaysia, and Brazil. The experts viewed the Ministry of Communications and Information …

Daily News Egypt

Microsoft sets October release for Windows 8

San Francisco (AFP) – Microsoft’s next-generation operating system will be available in October as the software giant strives to stay relevant in a blossoming mobile era centred on tablets and smartphones. “This will be the biggest product and services launch year in our company’s history,” Microsoft chief executive Steve Ballmer said at an annual gathering …

Daily News Egypt

First specialised website to support investment and trade in Egypt

In an effort to bolster sustainable economic development, the Crédit Agricole Bank of Egypt held a symposium yesterday in collaboration with several key organisations, titled “Supporting Trade and Investment.” Among the participants were the representatives of the Investment Network and EUROMENA Investment fund (ANIMA,), the General Authority for Investment (GAFI,) the Egyptian Junior Business Association …

Mohamed El-Bahrawi

Working together to reap the rewards of digital currency

As Egypt and the region embrace all forms of electronic payment methods, partnership between banks, regulators and payment technology companies will ensure trust and security in the system, says Tarek Elhousseiny, Visa’s General Manager for North & Francophone Africa. The use of electronic payments is on the rise in Egypt as many other places all …

Daily News Egypt