CAIRO: "Imaginative, inspiring, innovative and world changing. This is how the winners of Imagine Cup 2009 were introduced at the awards ceremony organized by Microsoft Tuesday night at the Pyramids.
As the lights dimmed, traditional Egyptian (...)
CAIRO: Amid the commanding backdrop of Cairo's historic Salah Eldin Citadel, Microsoft's top executives told the students competing in the 2009 Imagine Cup finals to vigorously pursue their dreams.
"If you don't have a dream, get one, Joe Wilson, (...)
CAIRO: If you're looking for someone to give a speech and leave the whole room impressed, upbeat and beaming with optimism, Steve Ballmer, CEO of Microsoft Corporation is your man.
Although he says some people might regard him as a pessimist, he (...)
A few light showers did not affect the gusto that highlighted the launch of the new Mercedes-Benz GLK earlier this month. Reporters and car enthusiasts all had the chance to test drive the new luxury SUV that promises an "unparalleled driving (...)
Despite the air of uncertainty hovering over world markets, focusing on modernization and going forward with reform is the only route towards economic development in the region, experts said at a banking conference this week.
Over the course of (...)
CAIRO: Seldom will you meet a senior executive in a multinational corporation that will candidly compare the global economic crisis to a car accident.
This is precisely how Ali Faramawy, Microsoft International vice president for the Middle East (...)
CAIRO: "Great innovations are happening in the dorm rooms not in the board rooms, Joe Wilson, director of Academic Initiatives for Developer and Platform Evangelism at Microsoft Corporation, told Daily News Egypt.
Technology evangelism is an (...)
As soon as the US and Europe began reeling from the financial crisis, analysts were quick to gauge the ripple effects on Egypt's top two performing sectors: real estate and banking.
The immediate aftermath of the crisis witnessed bleak (...)
Information technology can play an important role in helping companies respond to this difficult and rapidly changing economic environment, Karim Ramadan, Microsoft Egypt's general manager, said.
If the global crisis poses a threat to certain (...)
CAIRO: Since the ripple effects of the US credit crunch began making their way towards the region, Egyptian officials have enacted a number of strategies to reduce the impact of the global financial crisis on the local economy.
Sustaining Egypt's (...)
CAIRO: Capitalizing on its growth in the Egyptian market, Arab African International Bank (AAIB) is looking to act as the gateway for international investments into the regional market.
"AAIB is currently positioned to intensify its regional (...)
CAIRO: In Part I of this interview with Ahmed El-Housseiny, Managing Director of Citadel Capital, the $7 billion-worth private equity firm, the MD narrated the company's story of success.
He spoke in depth about how, when Suez Cement acquired 100 (...)
CAIRO: "Citadel Capital is quite a story, Ahmed El-Housseiny, managing director of the $7 billion private equity firm, told Daily News Egypt in an exclusive interview.
Egypt's Citadel Capital was born of a vision to revive businesses in distress (...)
CAIRO: Egypt's booming real estate sector has proved to be a catalyst for the country's nascent property finance market, which has recently picked up speed after years of underperformance.
Real estate and mortgage finance now enjoy a direct (...)
CAIRO: With government efforts on the high to curb food prices ahead of Ramadan, subsidies jumped to LE 76 billion from July 2007 to May 2008, 130 percent increase over the same period in fiscal year 2006/2007.
According to Al-Alam Al-Youm (...)
CAIRO: Egypt will host the Imagine Cup 2009 finals organized by Microsoft, the company announced Tuesday, making it the first time the technology tournament will be held in the Middle East and Africa region.
The announcement was made at the (...)
CAIRO: Over 800 students graduated from the Information Technology Institute's (ITI) nine-month interactive training program on Sunday, 698 of which (85 percent) secured jobs in different IT companies.
This year was the second year ITI formulates (...)
CAIRO: Building on its status as one of the largest telecom markets in North Africa, the Information Technology Industry Development Agency (ITIDA) announced on Monday its collaboration with Gitex Technology Week to promote regional cooperation in (...)
CAIRO: The government is expected to introduce increases to the price of electricity for the industrial sector, according to press reports.
Minister Rachid Mohamed Rachid said the decree will be issued on Wednesday, reported Al-Mal newspaper, in (...)
CAIRO: Telecom Egypt's transmission engineers reportedly went on strike in several governorates on Sunday, objecting to the discrepancies in salaries between engineers within the company, press reports said on Monday.
According to Al-Masry (...)
CAIRO: Nearly a month ago, a mother of two decided to take her children out to the gargantuan CityStars mall - a popular treat for the young.Little did she know that this would be the last time she saw both her offspring.
This is how the (...)
CAIRO: As a means to expand the postal infrastructure in Egypt, the Egyptian National Post Organization (ENPO) announced the establishment of the first integrated pan-Arab post network under the auspices of the Arab Telecommunications and (...)
CAIRO: Preparing for the entry of a second fixed-line operator next year, the National Telecommunications Regulatory Authority (NTRA) approved price changes to telephone calls and installation fees.
Telecom Egypt slashed fees for installing new (...)
CAIRO: The Canadian Chamber of Commerce in Egypt (CanCham) vowed to continue to bolster relations between Egypt and Canada, during a celebration of their second anniversary of operations in Egypt.
Trade and investment between Egypt and Canada is (...)
CAIRO: Wimax technology is the pathway to the next generation of connectivity in Egypt, Amr Badawi, executive president of the National Telecommunications Regulatory Authority (NTRA) said at the opening of the Second Annual Wimax MEA Summit on (...)