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 (...)
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 (...)
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 (...)
The US-based Western Digital Corporation (WD) has seized 55 percent of external hard disks market in Egypt, sales director- India, Middle East and Africa Khalid Wani said Tuesday.
Speaking to Amwal Al Ghad, Wani stated that the continuous growth in (...)
CEO of Egyptian Company for Mobile Services (MobiNil) (EMOB.CA) Yves Gauthier said Mobinil will review in expanded meeting with Orange S.A financial restructuring options for Mobinil by the next December, identifying the options which comply with (...)
Vodafone Egypt agreed to pay around EGP5 billion taxes and insurances annually along with supporting information technology industry.
CEO of Vodafone Ahmed Essam said the company is participating with more than one way for supporting the national (...)
The size of Telecom Egypt's (TE)(ETAL-CA) liquidity reached EGP6.5billion, Mohamed Al Nawawi, the CEO revealed.
On the sidelines of a press conference which holds today regarding TE's business results, Al Nawawi said TE is targeting financing money (...)
Vodafone Egypt contracted on Tuesday with more than 40 prominent publishing house in the country such as Dar El Shorouk and Nahdet Misr, seeking to launch an e-library application for smartphones.
‘My Books App' is Vodafone Egypt's planned (...)
Mobinil seekd for listing more shares in the stock market
"2.5 billion pounds our investments in the local market" CEO Said
International arbitration is an available option if the universal license would be unfair
"I think that the political (...)
Eng. Atef Helmy, Egyptian Telecom Minister, has revealed that Telecom Egypt (ETAL) will finalize the installation of the new cable that will link between Africa and Europe within the next month.
The Minister has informed Amwal Al Ghad that the next (...)