US economy contracts in Q1 '25    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    EGP closes high vs. USD on Wednesday    Germany's regional inflation ticks up in April    Taiwan GDP surges on tech demand    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Abdel Hameed Sabry
Banque Misr buys a stake in digital transformation firm Klayytech
Egypt's second largest public bank Banque Misr has buoyed a stake in digital transformation company Klayytech, the firm's founder and chief executive announced at a press conference on Wednesday. Khaled Abdel Kader did not disclose the amount of the (...)

24 - 11 - 2021
Endeavour Mining Q2 earnings at $183 mln, gold output up 18%
West Africa-focused gold miner Endeavour Mining, whose largest shareholder is Egyptian telecoms billionaire Naguib Sawiris, reported a 18 percent growth in production for the second quarter of the year compared to previous quarter. Production rose (...)

10 - 08 - 2021
Endeavour Mining announces admission to London bourse listing
West Africa-focused gold miner Endeavour Mining, whose largest shareholder is Egyptian telecoms billionaire Naguib Sawiris, announced on Monday its listing on the London Stock Exchange (LSE). The company said that its entire issued ordinary share (...)

14 - 06 - 2021
Etisalat Misr to inject EGP 5bn new investments during 2021
Etisalat Misr plans to invest worth 5 billion Egyptian pounds to the Egyptian market during 2021, according to the company's CEO Hazem Metwally. He told Amwal Al Ghad in interview that Etisalat Misr will focus on expanding investment in modern (...)

23 - 11 - 2020
Endeavour buys rival Teranga to create new top 10 senior gold producer
Canada's Endeavour Mining, 24.12 percent owned by the Sawiris family, announced on Monday it had agreed to buy Teranga Gold Corp. in the latest deal to reshape the mining sector. Last week, Endeavour said it was discussing a "merger of equals style" (...)

16 - 11 - 2020
Sawiris-backed Endeavour Mining in merger talks with West Africa Teranga Gold
Canada's Endeavour Mining, 24.12 percent owned by the Sawiris family, is in talks over a merger with West Africa-based miner Teranga Gold. Endeavour and Teranga are discussing a "merger of equals style" acquisition, which would see Endeavour add (...)

11 - 11 - 2020
Endeavour expects its Burkina Faso mining activities to resume in coming weeks
Endeavour Mining, whose largest shareholder is Egyptian telecoms billionaire Naguib Sawiris, announced on Tuesday that its mining operations at its Boungou mine in Burkina Faso are expected to recommence in the coming weeks. This follows the (...)

01 - 09 - 2020
Endeavour completes Semafo merger creating West Africa's largest gold producer
Endeavour Mining has announced the successful completion of the acquisition of Toronto-listed gold producer Semafo, creating West Africa's largest gold producer. Endeavour shareholders — the largest of which is Naguib Sawiris' La Mancha with a (...)

09 - 07 - 2020
Etisalat says CEO resigns, names Egyptian Hatem Dowidar as acting CEO
UAE telecoms operator Etisalat has on Wednesday appointed Hatem Dowidar – who is Egyptian– as acting CEO for the group, succeeding Saleh Al Abdooli, who resigned on Tuesday. In a statement, Etisalat cited “personal reasons” for Al Abdooli's (...)

21 - 05 - 2020
Etisalat Misr to invest 4.5 billion Egyptian pounds in 2020
Egyptian telecoms company Etisalat Misr says it will invest around 4.5 billion Egyptian pounds ($277.3 million) within 2020 to modernise its 4G services. About 50 percent of 4G subscribers in Egypt are Etisalat Misr customers, officials in the firm (...)

14 - 10 - 2019
Etisalat Misr close to winning IoT project bid at Egypt new capital
Etisalat Misr, the Egyptian arm of Abu Dhabi-based telecoms group Etisalat, is close to winning an Internet of Things (IoT) project in Egypt's new capital city, its executive director said on Tuesday. A group led by Etisalat Misr is close to is (...)

08 - 10 - 2019
TE completes telecom network of new capital's government district mid-2020
Telecom Egypt will complete building a telecom network for the government headquarters' district at the new capital city by mid-2020, chief executive said on Monday. The state-owned landline monopoly signed last week a cooperation agreement with the (...)

17 - 09 - 2019
B.TECH to pump EGP350 mln investments during 2019
B.TECH, the Largest Retailer for Home Appliances and Consumer Electronics in Egypt, seeks to pump new investments of 350 million Egyptian pounds during 2019, Mohamed Khattab, the company CEO said. He added during a press conference that the Egyptian (...)

17 - 02 - 2019
Telecom Egypt to get UAE banks-led $500 mln loan before year-end
Telecom Egypt, the country's largest internet provider, will secure a loan of $500 million arranged by First Abu Dhabi Bank and Mashreqbank before the end of this year. "We expect to receive the dollar loan before the end of this year. The money (...)

04 - 09 - 2018
Telecom Egypt to replace its delegates in Vodafone before year-end: minister
State-owned Telecom Egypt will replace its representatives in Vodafone Egypt with non-executive board members before the end of this year, Communications Minister Amr Talaat told Amwal Al Ghad. Vodafone has been pressing the government to replace (...)

03 - 09 - 2018
A big day for tech savvies, Samsung finally launches Galaxy Note 9
Samsung announced on Thursday the official global launch of the latest edition of its flagship device, Galaxy Note 9. The new device is second to none when it comes to camera and performance features. It is also equipped with Samsung's exclusive (...)

09 - 08 - 2018
UAE telco Etisalat reports highest first-half revenues in Egypt since 2007
UAE telecoms company Etisalat on Tuesday its highest first-half revenues in Egypt since it started its businesses in the North African country in 2007. Etisalat Misr, the Egyptian unit of the UAE teleco firm, made revenues worth 6.5 billion Egyptian (...)

24 - 07 - 2018
Gitex Tech Week kicks off in Dubai, 26 Egyptian firms are in
The 37th Gitex technology Week, the largest information technology and communications exhibition in the Middle East, Africa, and South Asia, opened on Sunday doors to trade and businesses. The event, which runs until Friday, October 12, has been (...)

08 - 10 - 2017
Egypt ICT sector exports pick up to $1.87 billion in FY2016/17: minister
Egypt's information technology and communications industry grew 12.5 percent during the financial year ended on June 30, telecoms minister Yasser el-Kady said Sunday. Speaking on the sidelines of the 37th Gitex technology Week in Dubai, the Egyptian (...)

08 - 10 - 2017
Orange Egypt is making new management revamp
Orange Egypt is launching a management revamp as part of an ambitious plan to develop its marketing and commercial polices in the country, sources with knowledge told Amwal Al Ghad on Tuesday. The revamp comprises changes in the names of some (...)

20 - 06 - 2017
Telecom Egypt, Etisalat Misr ink national roaming, international calls deals
Telecom Egypt, the state's fixed-line monopoly, has signed Wednesday two agreements with Etisalat Misr as part of its preparations to launch mobile services. As for the first agreement, Telecom Egypt will offer international calls services through (...)

14 - 06 - 2017
Telecom Egypt to launch mobile services before end of summer
Telecom Egypt, the state-owned landline monopoly, is planning to launch mobile services before the end of summer, according to its chief executive/CEO Ahmed El Beheiry. Telecom Egypt signed earlier on Thursday evening a five-year national roaming (...)

28 - 05 - 2017
Telecom Egypt names Ahmed El Beheiry as new CEO
State-owned Telecom Egypt (TE), which has a monopoly on the country's landlines, announced Tuesday that the board has chosen Ahmed El Beheiry as the new chief executive officer. The government, which owns 80 percent of TE, replaced some of its (...)

28 - 03 - 2017
INTERVIEW: Egypt ICT sector will witness 10% growth this year: minister
Egypt's information technology and communications sector is likely to witness a 10 percent growth within 2016 despite the exceptional economic circumstances, the country's communications minister said. The sector has successively managed to attract (...)

27 - 11 - 2016
INTERVIEW: Telecom Egypt to launch 4G mobile services next April
State-run landline monopoly, TelecomEgypt is seeking to start providing fourth-generation mobile services next April, executive president Tamer Gadalla said in an interview with Amwal Al Ghad. For this purpose, TE has hired an international company (...)

27 - 11 - 2016
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