Egypt-based SICO Technology seeks to establish 30 maintenance and technical support centres, in addition to the already existing 5 centers by the end of the third quarter if the current year.
Mahmoud Ali, Sales Director at Sico Technology, said that (...)
The number of mobile subscribers in Egypt reached 96.5 million in May 2018, decreasing 1.2 million subscribers, according to a report by the Ministry of Communication and Information Technology.
The number of mobile subscribers has registered 97.6 (...)
Egypt-based SICO Technology is set to pump the investments in its factory at the technology park in Asyut of 200 million Egyptian pounds by the end of 2018.
Sico's chairman Mohamed Salem said that the targeted investments are in the frame work of (...)
Egypt's Raya Contact Center plans to launch new service centre in Saudi Arabia at the end of second half of this year.
"We are studying and discussing our plan with the Saudi Ministry of Industry and Trade to set up our new service centre in the (...)
70 percent of the executive heads predict that the Egyptian GDP will grow between 3 percent and 5 percent, a slightly less percentage than what the International Monetary Fund has expected.
The study has been conducted by Oxford Business Group.
The (...)
Egypt-based SICO Technology is set to increase the investments of its factory at the technology park in Asyut to one billion Egyptian pounds during the next three years.
The company's current investments are worth 442 million Egyptian pounds.
Sico's (...)
SICO Technology announced that it is planning to export locally manufactured smartphones to Tanzania, Kenya and Rwanda during the second half of 2018, President of SICO's board Mohamed Salem said.
So far, SICO has been able to export more than 1,000 (...)
Uber Technologies Inc said on Sunday it raised its Egyptian minimum base fares following the recent fuel price hikes in the North African country.
Egypt's Ministry of Oil announced Saturday morning steep increases in fuel and cooking gas prices as (...)
Egyptian Silicon Industries Co. (E-SICO) has exported the first shipment of the first ever locally manufactured smartphone to the United Arab of Emirates.
The first shipment is of 1,000 smartphones from the company's plant in the technology park in (...)
Communication and Information Technology sector seeks to contribute the country's growth domestic product by 8 percent by 2020 compared to 3.5 percent in the current period, according to Adviser to Communications and Information Technology Minister (...)
Indian smartphone manufacturer Lava Mobiles is in talks with the ministry of communication and information technology to establish a mobile phone factory in Egypt in 2019.
Mohamed Tahawy , Marketing head, said that Lava Mobiles is embracing an (...)
Egypt's planning to finish the automation of the state's general budget in March 2018 the Minister of Finance, Amr El Garhy said during the opening session of 4th edition of PAFIX 2017.
PAFIX 2017 is MEA's leading expo & forum, focused on innovative (...)
LG Electronics Egypt aims at raising its exports to $250 million by the end of the current year, Don Kwack Managing Director for LG Egypt said at Cairo ICT 2017.
The electronics company has completed 95% of its target exportation plan after exports (...)
Egyptian Silicon Industries Co. (E-SICO) and Qualcomm International Inc. have signed a deal to cooperate in transferring the latest technologies to the new Egyptian factory in New Assiut Technology Park, while preserving the rights to use this (...)
Egypt's Federation of Egyptian Banks presented new suggestions to the Central Bank of Egypt regarding the introduction of new facilities on the mobile payment services.
The chairman of the Federation of Egyptian Banks, and Commercial International (...)
Egypt's Minister of Communication and Information Technology Yasser El Kady declared a national strategy for E-commerce, in cooperation with the United Nations Conference on Trade and Development (UNCTAD), the Ministry of Finance and the Ministry of (...)
U.S. taxi firm Uber pledges to pump $20 million in Egypt in form of direct investments over the next five years, said Abdellatif Waked, General Manager of Uber Egypt.
Uber plans to increase the number of experts in its centre of excellence in Egypt (...)
Egypt's Raya Information Technology, a subsidiary of Raya Holding, is planning this year to enter into a significant agreement with four state-run and private banks on delivery of data centre capacity.
Building a data centre for the four banks will (...)
Amazon seems it would halt its negotiations to establish a logistics centre in Egypt with a number of local firms, one day after the U.S. e-commerce giant had completed the purchase of Souq.com.
Following Souq acquisition deal, the U.S. giant has (...)
Intel Corporation's ex managing director in Egypt and Levant is planning to create a new communications and information technology startup in Egypt before the end of the current year.
Samy El Mallah further told Amwal Al Ghad on Thursday that the (...)
Egypt's Real Estate tax authority (RTA) reached total revenues of 1.5 billion Egyptian pounds ($83.1 million) during the third quarter of financial year 2016/2017, said chairman Samia Hussein on Wednesday.
Earlier, revenues stood at 700 million (...)
The fourth generation of the wireless mobile telecommunications (4G) service will be available in Egypt in days, Egyptian Minister of Communications Yasser el-Qady announced Monday.
Egypt has added billions of Egyptian pounds to the state budget (...)
Car-hailing service Careem Egypt's Wael Fakharany has said Monday he was sacked from his job as head of operations in a humiliating way.
"I did not resign from Careem; I was fired from the company in a surprising and shameful way. God knows how much (...)
Egypt is planning to provide health insurance electronically to citizens in three governorates as first phase, Minister of Communications Yasser El-Qady announced Tuesday.
The three governorates that the ministry is studying offering this new (...)
South Korea's LG Electronics Inc said Sunday it would lower the prices of its products in Egypt following the recent floatation of the Egyptian pound, stemming from its devotion to increase customer convenience.
LG further explained that it has (...)