Schneider Electric launched three advanced energy technologies at its "Innovation Day" event in Egypt, showcasing innovations in energy management and automation.

Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt will invest EGP 1 billion in the upcoming period, expanding its investments in technological infrastructure and digital transformation.

Egypt's Minister of Communications and Information Technology Amr Talaat has officially launched the Invest IT program, designed to support emerging technology companies.

Nice Deer, an Egypt-based InsurTech, has extended its digital services and platform to operate within hospitals.

Egyptian Prime Minister Mostafa Madbouly has met with the officials from Vodacom Group to discuss ways to boost the company’s investments in the Egyptian market.

Egyptian Minister of Communications and Information Technology Amr Talaat and his French counterpart are mulling cooperation in the fields of artificial intelligence (AI), digital signature, innovation support, and entrepreneurship for youth.

Egyptian Parliament has approved on February 28th the request submitted by the government to cut customs tariffs imposed on some components of smartphones and screens, in addition to exempting some components from tariffs.

As the first and only Elite+ partner in Egypt and Saudi Arabia, BARQ Systems provides the latest technologies and technical support for the best end-user experience.

Pursuant the agreement, Huawei will provide IP solutions, fiber products, and wireless products, in addition to data computing and artificial intelligence (AI) solutions for use in all projects of EMC.

Egypt’s Communications and Information Technology Minister Amr Talaat and the UAE Minister of State for Government Development and Future Ohood Bint Khalfan Al Roumi discussed ways to enhance digital transformation cooperation between the two countries, the Egyptian ministry stated on February 14th.

Egypt is about to finalize a detailed study to start working with the fifth generation (5G) network technology soon, Communications and Information Technology Minister Amr Talaat told Asharq Business on February 14th.

Soliman added, on the sidelines of the World Government Summit in Dubai, that Cairo’s downtown rehabilitation would contribute to raising exports of technology services in Egypt from $3 to $10 billion.

El-Said’s remarks were made on the sidelines of her participation in the Arab Public Administration Forum, which is being held in Dubai from February 13th to 15th.

Arab Finance is the first local website that provides this service. The signing comes within the framework of Arab Finance’s keenness to provide high-rank media services to guide decision-makers and investors.

The Egyptian telecommunication sector grew by 16.7% year-on-year (YoY) during fiscal year (FY) 2021/2022, Minister of Communication and Information Technology Amr Talaat revealed in a speech before the Senate on December 25th. Within the framework of the state’s digital transformation plan, the government has launched over 165 services on the Digital Egypt platform, Talaat stated.

Egyptian Media Production City’s (EMPC) board of directors approved the company’s planning budget for 2023, with an estimated net profit of EGP 224.48 million, according to a statement published on December 25th.

Menthum Holding for Financial Investments launched a digital saving application, according to an emailed press release on December 25th. Users of the new app can easily download the app and sign up before being visited by the Menthum team to complete the process and sign the required documents.

Banque Misr has signed a memorandum of understanding (MoU) with Egyptian Banking Institute (EBI) to launch the initiative of “the development of the human capital in the information technology field”, according to an emailed press release on January 9th. The initiative targets providing the banking sector with qualified staff in the IT field to reduce related risks in the sector.