Steve Jonas

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82801 Sheridan

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How a telecom fire in Cairo exposed digital vulnerability

Here’s a detailed breakdown of what happened, how the government responded, and why this fire may force a reckoning in Egypt’s digital planning.

The response came after a blaze late on Monday at the Ramses Central building killed four workers and injured at least 22 others.

By acquiring SmartCrowd, Nawy gains immediate access to the GCC market while integrating regulated fractional investment services into its portfolio.

The blaze, likely caused by an electrical fault, triggered outrage in parliament, with MPs calling the government response a "catastrophic failure".

Aria Ventures, a specialised venture studio focused on building startups, has announced the launch of a EGP50 million (US$1 million) fund.

IT-Telecom Events

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