Software News
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Why is Google going "offline"?
Google is bringing back the past, Apple developing its own AI and WormGPT may scam us all. Here are the digital news of the week.
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Egypt’s minister unveils plans to boost AI industry
The initiative was held at Giza CREATIVA Innovation Hub, in collaboration with the ICT ministry and Dell Technologies – Egypt.
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New AI tools you need to know about
Google and Shutterstock are experimenting with generative AI. Anthropic prefer to stick to the basics.
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UNDP, ITIDA launch new 5-year project to boost tech-driven startups in Egypt
It builds on a previous UNDP-ITIDA collaboration that supported over 1,800 startups and created 31,000 jobs.
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Egypt aims for $9bn in digital services exports by 2026
The number of workers specialized in exporting these services will reach about 550,000 in 2026.
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Egypt has one of the most dynamic growth rates in Africa
In embarking on its Vision 2030, aimed at inclusive sustainable development, Egypt prioritized digital transformation.
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Is it the end of capitalizing on data?
Making money from data is getting harder for big tech companies. The EU is getting in the way and demanding explicit consent for everything.
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Egypt overtakes Nigeria as Africa tech funding slows
Venture capitalists and private equity firms which have flocked to Africa in recent years, are beginning to apply the brakes on invesments.
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Egypt's digital exports to hit $5.5 bln in FY2022/23
Egypt's digital exports are projected to reach approximately $5.5 billion in the FY 2022/2023, up 12.2 percent from $4.9 billion in FY2021/2022.
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UAE jobs: Pakistan, India, Egypt, Jordan to be most affected by AI automation
Companies in the UAE and other Gulf countries are also increasingly deploying AI to automate many roles.
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ITIDA announces new bootcamp to support local accelerators and incubators
According to a statement by the MCIT, the program builds on ITIDA's expertise and 500 Global’s track record of running 85+ accelerator programs.
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Mena startups raised $35.6 million in June, pushing half year total to $1.6 billion
Startups in Mena raised $35.6 million in June 2023 across 45 deals, pushing the half year funding total to $1.6 billion.
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Egypt 2nd in software developers in Africa
There are an estimated 690,000 professional software programmers in Africa. Over half of these are from South Africa, Egypt, and Nigeria.
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Egypt’s fibre optic expansions prompt digital transformation
The initiative was launched to improve the standard of living, with up to E£5.8bn ($342.6m) investment committed to developing telecoms infrastructure
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Increasing competition among startups as 'El Forsa with Lamees El-Hadidi' expands to Egypt's governorates
The second season of “El Forsa" program commenced from Alexandria Governorate in the first week of June.
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Tax breaks for innovation: President El-Sisi empowers egyptian startups
President Abdel Fattah El-Sisi has taken significant steps to support and boost startups in Egypt with a a 5-year tax exemption.
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What else can AI do?
AI can do even more, and it is taking over more and more tasks. But beware, how long can it be controlled?
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President Sisi Boosts Startups with 5-year Tax Exemption
The government spends between $24 billion to $30 billion annually to bring production requirements for about 150 producers.
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What is happening with AI apps?
ChatGPT as an app? Are there Android apps spying on you? and are there still fears of AI and its development? learn more in this article.
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Egypt’s CardoO raises $600,00 round and launches IoT-enabled smartwatch
Egypt-based startup CardoO has launched its Internet of Things (IoT)-enabled smartwatch after securing $660,000 in funding.