Egypt
Digital transformation has become a central topic in the strategic plan of most countries around the world. The progress that has been achieved in different areas of technology has mandated a complete restructuring of different sectors that contribute to the country’s gross domestic product (GDP). Digital transformation is only a fancy moniker to highlight the […]<
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. […]
BREAKING NEWS
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 […]
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 […]
Egypt invested $2 billion into its latest program to ambitiously unlock new economic growth by upgrading its metropolitan internet infrastructure to 43 Mbps to reach more than 60 million residents in rural areas. The Minister of Communications Dr. Amr Talaat announced plans to capitalize a $360 million budget on fiber-to-the-home (FTTH) spread across the country. […]
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