IT-Telecom News
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Egypt’s digital exports hit $4.9bln in 2022
The statement added that the sector’s contribution to the gross domestic product (GDP) had reached 5%.
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Egypt leads MENA in startups' raised funds in December: Wamda
In total, MENA’s startups raised $125 million over 38 deals in December, bringing the total amount raised in 2022 to $3.6 billion.
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Telecom Egypt and Huawei introduce Africa’s first ‘green tower’
Telecom Egypt is the first operator in Egypt and Africa to install the green tower, which is labelled as the optimum steel alternative.
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Egypt, India discuss enhancing cooperation in IT sector
Amr Talaat, Minister of Communications and Information Technology, met with Ajit Gupte, Ambassador of India to Cairo on Tuesday.
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Vodafone Egypt is contributing to Egypt's 2030 Vision for sustainable development
He added that the company aims to employ modern technologies for the agricultural sector to save 18 bcm of water.
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Egypt's IT offshoring and business services sector sees strong growth
The signing ceremony of 29 agreements with big IT offshoring and business process services providers was attended by Prime Minister Mostafa Madbouly.
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High demand on Egypt's first-ever online land allocation
Egypt's first-ever online allotment of land plots in new cities, which runs until February, is sparking widespread interest among the public.
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Mobile internet users up by 12.5% in 2022 in Egypt
Egypt has seen a 12.5 percent increase in the number of mobile internet users up till the end of October 2022.
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Uber launches ‘Smart Itineraries’ feature in Egypt
The feature will display upcoming travel plans from google accounts allowing users to reserve an Uber to and from specific locations.
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Digital transformation empowers women, creates new jobs
Women are more stable in the job, and that there are certain jobs that are not suitable for men in the field of technology, such as conducting tests.
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Rowad 2030, VictoryLink sign MoU to support startups
The objectives of the memorandum mainly focus on enabling joint cooperation mechanisms between the two parties to provide integrated services.
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Senate approves draft law establishing Digital Egypt Fund
The Digital Egypt Fund aims to activate several digital services and promote digital transformation to ensure sustainability.
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valU and PayTabs Egypt team up with TicketsMarche to offer payment solution
The tie-up aimed at enabling TicketsMarche’s customers to finance and pay for their ticket purchases through valU and PayTabs Egypt.
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Egyptian B2B fresh produce platform Mahaseel Masr raises funding to scale
Mahaseel Masr is a smart digital platform that provides a wide range of digital tools to facilitate transactions online reliably and securely.
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Valeo has invested around €0.5bn in Egypt over the past 10 years
Valeo is a tech company that works in the field of smart mobility with a particular focus on the development of safety on roads.
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Fawry joins together with Classera to encourage digital payments in Egypt’s educational sector
As part of this partnership, “Fawry” provides Classera customers with all technology solutions and integrated digital payment services.
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OPPO denies exit from Egyptian market, announces new investments
Moreover, OPPO plans to continue its ambitious strategy in Egypt during the coming period, it added.
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11 Egyptian startups secure $508.5M financing in 2022
The fintech and e-commerce sectors topped the list on the basis of both the number of companies and the value of finance in 2022.
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Launch of Menthum – a pioneering digital saving solution in Egypt
Brings together a novel product concept, an innovative workflow, and a money market fund to create a comprehensive CX.
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CBE offers one-year incentives to support e-payments
Under new incentives, Egyptian pound-backed transactions made online will be exempted from all fees until December 2023.