ENGLISH

Egypt’s VC Ecosystem Witnesses Triple-Digit Growth as Local Startups Collected Largest Number of Investment Deals in Africa Startups raised $491m across 147 transactions, hitting an all-time-high volume of foreign investors Following a four-year consecutive growth in VC funding, the Egyptian ecosystem observed a 168% YoY increase in capital investment to …

Breaking Energy Utilization With 5G Ayub Osman, Head of Sustainability and Corporate Responsibility at Ericsson Middle East and Africa From self-driving cars, which communicate with one another; remote healthcare, which treats patients from the comfort of their homes; to an immersive virtual and augmented reality, which lets users experience learning …

Careem Egypt reduces its commission by 4% on Go Awfar rides in Cairo and Alexandria   Haitham Essam: We always strive to support and reward Captains who are our partners in success Careem Egypt, the leading internet platform in technology and smart transport services, has reduced the commission it collects from …

ITIDA Launches the First Metaverse Hackathon in Creativa Innovation Hubs and Electronics Labs across Egypt The Technology Innovation and Entrepreneurship Center, TIEC, an affiliate of the Information Technology Industry Development Agency (ITIDA), announced the launch of the first Metaverse Hackathon in CREATIVA Innovation Hubs and Egypt Makes Electronics Labs (EME) …

NTRA’s Executive President meets ITU Secretary General on margin of WTSA held in Geneva Engineer Hossam El-Gamal, the Executive President of the National Telecommunications Regulatory Authority of Egypt (NTRA), met today with Mr. Houlin Zhao, the International Telecommunication Union (ITU) Secretary-General, and they discussed the pivotal role played by Egypt …

In the context of the State’s strategy to engage the private sector Egypt’s “Narrative Summit – Reshaping Norms”, highlights private sector’s role in mega national projects • Digital transformation of government services and payments is a success story; our IPO was hugely oversubscribed and attracted foreign investments: Ibrahim Sarhan • …

Schneider Electric and Cisco partner to build Egypt’s National Smart Grid IoT and AI technologies to help manage the country’s long-term energy strategy  Two of the world’s leading technology firms are collaborating to build the largest and most advanced smart grid in Egypt. Drawing on their experience in information technology …

InsureTek Middle East 2022 International Conference Highlights the Importance of Digitization and Innovation in Insurance Industry Bupa Arabia Urges Digital Transformation in Insurance Industry   Bupa Arabia’s participation at the InsureTek Middle East 2022 Conference reinforces the company’s leading role in reshaping the insurance industry. Hamideddin: Embracing digitization is no longer …

  RAYA CX Strikes Gold for Digital Transformation Strategy at the GCXA 22 RAYA CX has won the gold award for Digital Transformation Strategy at the Gulf Customer Experience Awards (GCXA) 2022. This award further solidifies RCX’s journey towards digital transformation, technology enablement, and employee engagement. The GCXA 22 award …

ITIDA Roadshow Makes Its First Stop in Mansoura University to Promote Egypt’s Offshoring Strategy The Information Technology Industry Development Agency (ITIDA) has organized the first event of its Roadshow series at the middle of the Nile Delta in Mansoura University. The roadshow comes as part ITIDA’s plan to promote the …