Egypt

Can an Expanded BRICS have a Unified Mission at last?

This first week of January was, amongst other things, notable for the official inclusion of Saudi Arabia, UAE, Egypt, Ethiopia and Iran into the Brazil, Russia, India, China and South Africa consortium known as BRICS.  This puts the ink into the agreement pencilled in Johannesburg last year. Not to put a damper on things, but […]

Telecom Egypt and Greece’s Grid Telecom to Discover Subsea Cable Projects

Telecom Egypt and Grid Telecom have signed a Memorandum of Understanding (MoU) in order to discover potential submarine cable projects.   As such, the agreement will see both partners work together to consider future submarine cable routes between Egypt and Greece. In addition, both companies’ assets can better support each other across their international infrastructure portfolios.    […]

KSA, UAE, and Egypt to Spawn Billions in Gaming Revenue by 2025

Market research and consulting firm, iko Partners, publicized a new report unveiling that the Kingdom of Saudi Arabia’s (KSA), the United Arab Emirates (UAE), and Egypt’s gaming market valuation will reach $3.14 billion by 2025. Specializing in video games, esports, and streaming, iko presented data around the Middle East’s gaming sector state is typically confined […]

Vodacom shareholders approve Vodafone Egypt acquisition

After receiving shareholder backing, Vodafone got closer to abandoning its majority stake in Vodafone Egypt and giving it to its South African subsidiary yesterday.    As such, most shareholders in Vodacom approved the acquisition of the 55 percent stake in Vodafone Egypt during a general meeting, the Johannesburg-listed company announced.   Vodafone, which holds a 60.5 percent […]