IT-Telecom News
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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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Intel’s Advanced Packaging: Revolutionizing Chip Packaging Technology
Advanced packaging is a set of technologies that combines and interconnects multiple chips in one package.
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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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What African countries can learn from Egypt's tax exemption for startups
These tax incentives are instrumental in providing startups with the necessary financial breathing space to thrive in their early stages.
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Amazon Egypt: Global expertise meets local needs
The revenue of the Egyptian e-commerce market was expected to reach $6.8 billion in 2023.
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China-funded prototype satellites delivered to Egypt
"Egypt is the first African country to have complete satellite assembly, integration and testing capabilities," Liao said.
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Planning minister says mobile tech. hubs provide low-cost, high-quality services
Planning Minister Hala al-Saaid said Monday that mobile technology hubs act to provide services for citizens at low cost and high quality.
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Egypt reveals details of launch of MisrSat 2 satellite at cost of $74m
Egypt has revealed details of the launch of the MisrSat 2 satellite from China in October, at a cost of $74 million.
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Chinese amb.: Egypt to be first African country fully able of testing satellites
The ambassador hailed cooperation with Egypt in order to launch the satellite from China in the first week of October.
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Egypt Emerges as a Leading Tech Hotspot in MENA Region
high level of investment in technologies, thriving startup ecosystems, and globally leading connectivity have earned Egyp this reputation.
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Amazon Prime day returns on amazon.eg on July 11 and 12
The annual 48-hours Amazon Prime Day sale event on Amazon.eg will offer Amazon Prime members the chance to save big with epic deals and offers.
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Egypt’s TFK acquires Opio to create all-in-one ecosystem
Egypt-based fashion e-commerce marketplace The Fashion Kingdom (TFK) has acquired OPIO, a direct-to-consumer (D2C) fashion brand, for an unknown sum.
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Nearly 4,600 Egyptian ChatGPT accounts hacked: Report
ChatGPT accounts of 4,588 Egyptians have been hacked and their data sold on the dark web between June 2022 and May 2023.
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Egypt named regional tech hotspot
Egypt stands out as a leading player as one of the MENA region’s top tech hotspots, emphasized by its inclusion as one of the top 5 for startups.
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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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10.7 % Increase in Number of ADSL Internet Subscribers
Number of ADSL internet Subscribers reached 10.5 million in June 2022 , compared to 9.5 million for the same month in 2020, an increase by 10.7%.
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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?