Tag Archives: egypt

eNovate, formerly eCards, a subsidiary of eFinance Investment Group, has joined forces with Mastercard to bring Card-as-a-Service (CaaS) solution to the Egyptian market. The CaaS model will provide banks, non-financial institutions, universities and fintechs with a comprehensive suite of digital payments services. The collaboration will see eNovate leverage Mastercard expertise …

Yalla Group Limited (NYSE: YALA), the largest social networking and gaming company in the Middle East and North Africa (MENA), has announced impressive third-quarter financial results for 2024, ending September 30. The group reported a 4.4% year-on-year increase in revenue, reaching AED 326.5 million (USD 88.9 million), up from AED …

Noventiq, leading global information technology provider, announced its participation for the first time in the 28th session of Cairo ICT 2024, the Egyptian International Technology Exhibition for the Middle East and Africa, which will be held under  the patronage of His Excellency President Abdel Fattah El-Sisi from November 17 to …

Infinix, the innovative, youth-oriented brand, has announced the launch of its new Infinix HOT 50 series in the Egyptian market. This announcement came during a grand event held at one of Cairo’s hotels, attended by the company’s leaders in Egypt and a selected group of journalists, media representatives, and technology …

In a new step toward enhancing innovation and supporting digital education in the Arab world, Edafa Venture Capital announced its acquisition of a 25% strategic stake in Bonyan, an Arab educational platform specializing in teaching programming to children. This move is part of the company’s efforts to expand its investments …

OPPO launches the new OPPO Reno12 5G, featuring industry-leading GenAI capabilities that enhance productivity and creativity. This phone not only marks a significant addition to the OPPO Reno Series but also reflects the company’s commitment to making AI Phone technology accessible to everyone. Following the initiative of Egypt Makes Electronics, …

e& Business Egypt , e& Egypt’s enterprise arm, has made a significant mark at GITEX Global 2024, one of the largest global tech exhibitions, from October 14 to 18. The unveiling of its bold new identity at GITEX Global 2024 is a testament to e& Business Egypt’s evolution and commitment …

Twist platform announced a collaboration agreement with a leading e-commerce platform in Egypt, Jumia, to make its services available on the Twist TV app, specializing in showcasing movies, series, and TV programs to Jumia’s customers. The cooperation was signed by Engineer Ahmed Yahia, CEO of Fintech & Digital Lifestyle at …

As the industry is facing the unprecedented challenge of meeting global decarbonization targets while addressing growing demand, a new white paper published by “ABB” in Arabic on its website titled ” The future is energy-efficient, the future is data-driven,” highlights the importance of enhancing the integration of the Internet of …

IBM (NYSE: IBM) released its annual Cost of a Data Breach Report revealing the global average cost of a data breach reached USD $4.88 million in 2024, a 10% increase from USD $4.45 million last year, the largest yearly jump since the pandemic. Globally, 70% of breached organizations reported that …