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AM Best Affirms Credit Ratings of Misr Life Insurance Company AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Misr Life Insurance Company (MLI). The outlook of these Credit Ratings (ratings) is stable. MLI is the life …

Changing the narrative of Egypt’s digital transformation Huawei Technologies Celebrates its 20th Anniversary in Egypt Robinson Cao: Egypt’s national digital transformation has never been so strong and gripping and Huawei is proud to be working with the Egyptian government on achieving that objective in Egypt’s various sectors Vincent Sun: Huawei has been working …

Softline the leading International Company –which provides latest technology in software and digital transformation solutions- announces choosing Egypt as a regional center to present its services in the MEA region. This step coming out of the company’s belief that the Egyptian economy is strong and there is a great vision …

Hexa-X, the new European 6G flagship research project, brings together a strong consortium of major ICT, industry and academic stakeholders to lay 6G groundwork and set the direction for future research and standardization focus areas. A new European 6G flagship research project, Hexa-X, will begin on January 1, 2021, with a focus on …

The program is designed to boost innovation, digital transformation and planning in the tourism sector  The United Nations World Tourism Organization (UNWTO) in partnership with Google hosted their second edition of the global Tourism Acceleration Program in the MENA region, a program designed to boost innovation and digital transformation in the …

 Daikin Group reported that its overall market value has doubled from USD 30 billion to USD 65 billion. The company attributed this successful performance to its business resilience strategy amid a volatile global economy, as well as aggressive investments and various measures carried out under its Fusion 20 Strategic Management …

5G is expected to reach 130 million subscriptions in the MENA region by 2026, representing 15% of total mobile subscriptions. These forecasts are included in the November 2020 edition of the Ericsson (NASDAQ: ERIC) Mobility Report, along with projections for data traffic growth, and regional subscriptions. The report reiterates the …

Today, Amazon announced the launch of Amazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region with a mission to empower businesses with simple, affordable, and trusted online payment experiences. The newly launched Amazon Payment Services provides secure online payment services that are easy-to-use, …

Sony Middle East & Africa officially announced the FX6 (model ILME-FX6V) camera, the latest addition to Sony’s Cinema Line, a series of products that brings the company’s expertise in imaging technology to a broad range of filmmakers and content creators. Sony’s Cinema Line, which also includes the VENICE and FX9 …

Egypt’s IT Industry Development Agency ITIDA , has announced new seven winning startup companies in the 28th round of Start IT competition. Start IT is a quarterly nationwide business plan competition in Egypt and targets entrepreneurs at the idea stage with an ICT-related prototype / proof of concept, to help them turn …