أعلن انستغرام، الجمعة، أنه يستعد لإطلاق ميزة مشاركة الفيديو الخاصة به (Reels)، الشبيهة بميزات تطبيق تيك توك، في الولايات المتحدة و50 دولة أخرى، في أغسطس المقبل، بعد أسبوع واحد فقط من بدء اختبارها في الهند.
ويأتي إعلان Reels بينما يجد تيك توك نفسه في (...)
Egypt's IT sector is seeing an increase in staffing, amid a surge in hiring by multinationals that are expanding operations in the country.
Following a meeting in July with automotive component and technology company Valeo Service, the Ministry of (...)
The Private Aviation Association is exploring the idea of setting up a new ground services company to include all companies working in Egypt to counter the hike of EgyptAir's prices. Already the body is seeking audience with President Abdel Fattah (...)
The government's drive to boost foreign capital flows has moved forward with the launch of a new foreign direct investment (FDI) council, although there is still room for further improvements.
On 2July, President Abdel Fattah Al-Sisi announced he (...)
Iraqi and Syrian security forces, backed by the US-led coalition, are continuing to battle to reclaim cities held by Islamic State (Isis/Daesh). Progress, although slow, is being made in areas such as Fallujah in Iraq and Manbji in Syria, as troops (...)
US Navy fighter jets, launched from the USS Truman in the Mediterranean Sea, have been bombing 16 new targets in Iraq and Syria. From 6 June the ships 72 jets have been targeting Islamic State (Daesh) oilfields and supply routes, which has resulted (...)
World oil prices rallied for a third day running Friday, with traders brushing aside news of a rocket attack by jihadists on a gas plant in OPEC energy producer Algeria.
With confidence growing that the world's biggest crude producers will hammer (...)
The year 2015 brought welcome stabilisation and recovery to Egypt, after a difficult post-revolutionary period marked by continued upheaval and sluggish growth.
The first part of the year saw a range of encouraging developments, including the (...)
Egypt's chemicals and plastics sector is becoming an increasingly important contributor to industrial output and exports. With demand being driven by agriculture and fast-moving consumer goods (FMCG), the sector is likely to become an industrial (...)
When the Russian navy in 2012 reestablished its presence in the Mediterranean Sea after more than two decades, it was generally not viewed by NATO as a hostile move. After all, the group of ships conducting defense drills and patrols in the region (...)
The expansion of Egypt's strategically vital Suez Canal, completed in early August, could be a significant step towards solidifying its position as a logistics and trade centre, leveraging its location astride major East-West shipping routes. The (...)
Plans to introduce a value added tax (VAT) and corporation tax in the UAE is unlikely to deter foreign investors from establishing a commercial presence in the country, according to a firm which helps foreign companies set up in the region.
The (...)
Republican presidential hopeful Donald Trump was disinvited from a conservative conference in Atlanta this weekend by its organizer, conservative commentator Erick Erickson. Erickson's decision followed Trump's disparaging comments in relation to (...)
Republican presidential candidate Carly Fiorina had tough words for former Secretary of State Hillary Clinton in a Monday night interview on Fox News.
Fiorina, the former Hewlett-Packard CEO, accused Clinton of covering up the 2012 attack against (...)
A $9bn deal inked in Egypt will give a substantial boost to the country's electricity generation capacity, helping the government address power shortages and support a growing population and economy.
On 3 June, German industrial conglomerate Siemens (...)
Egypt has long been a cost-competitive destination for offshore services, such as business process outsourcing (BPO), but a spate of new agreements with a number of large investors has given the ICT sector a further boost, with thousands of (...)
After years of uncertainty and turbulence, Egypt's economy is beginning to show some signs of recovery, with a marked rise in business confidence helping to strengthen indicators in both capital markets and the broader economy.
Emerging signs of (...)
A new licence system governing Egypt's fiercely competitive telecoms sector is expected to be rolled out within weeks, paving the way for mobile and fixed-line operators to vie for each other's business.
While the country has a large consumer (...)
In cooperation with the African Union of the German Economy, 2b AHEAD released a market research about Africa 2025, in which it stated that Egypt, Morocco and Tunisia remain economically interesting countries in North Africa, despite all political (...)
Propertyfinder.eg, Egypt's leading property portal, has released its first quarter 2014 real estate report covering the latest trends in residential sale and leasing markets in the country.
Statistics derived from visitor behaviour and properties (...)
Over the past 15 years, Egypt has built a growing reputation as a centre for export-oriented ICT services, particularly business and knowledge process outsourcing (BPO and KPO), with revenues that exceeded $1.1bn in 2011, according to a Ministry of (...)
The first Arab in the long list of the World's Richest People list comes at place 26, with no other than Prince Alwaleed Bin Talal Alsaud from Saudi Arabia. With a net worth of $20bn, the investor barely owns a third of Gates' fortune.
The second (...)
The past year has been another challenging 12 months for Egypt, but going into 2014, the outlook is more bullish for a country that still offers attractive long-term fundamentals. One of the reasons that the second-largest economy in the Arab world, (...)
While Assiut is the poorest governorate in Egypt with a poverty rate of 60%, 25.3% of the country's population lies beneath the poverty line in 2012/2013 – compared to 25.2% in 2010/2011.
However, extreme poverty had dropped from 4.8% to 4.4%, (...)
Egyptians are slowly but surely going back to enjoying life a bit more, as spending on luxury, leisure, holidays and entertainment have increased in the third quarter of 2013, according to Nielsen. In the Middle East, Egypt reported the biggest (...)