IT-Telecom News
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ADSL internet subscribers in Egypt up by 11% YoY in June 2022
The number of mobile internet users increased 14.9% to 68.5 million in June 2022, up from 59.7 million in June 2021.
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ITIDA signs MoU with Huawei to enhance AI field in Egypt
In accordance with the LoI, a total of 20 MCIT-Huawei DTUs will be established in several governorates.
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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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CBE: Mobile phone wallets up 20% to stand at 34 million by end of June
The Central Bank of Egypt (CBE) announced that the total number of mobile phone wallets increased by nearly 20 percent to stand at 34 million.
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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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4mln landline customers with Telecom Egypt convert to prepaid billing system
The number of landline subscribers declined by 5.5% in March to 11.68 million in March compared to 12.36 million in February.
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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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Amr Talaat : Telecommunications Sector's Contribution to Egypt's GDP Rose Over 5%
The minister also mentioned that Egypt invested EGP 50 billion in digital transformation projects.
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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 e-Commerce volume rises to $30 bln: Senior Banker
CEO and Managing Director of United Bank, Ashraf al-Kady said that 72 percent of Egyptians have switched to online shopping using e-cards since 2020.
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Egypt launches 20 mobile tech centers for government services in El-Alamein
The project comes in line with presidential initiatives to better provide accessible government services to the citizens.
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45 villages in Menoufiya connected with fibre optic cables: Minister
Minister of Communications and Information Technology Amr Talaat reported that 45 villages in Menoufiya have been connected with fibre optic cables.
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Israel plans submarine power cable to Europe, Egypt, Gulf countries
Israel’s Energy and Infrastructure Ministry is planning to construct a 150-kilometer submarine cable along the country’s Mediterranean coast.
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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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3 mobile giants set up factories in Egypt with 20 million devices production capacity
The first factory is owned by Vivo, the second factory is owned by Nokia and the third by Samsung.