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. […]