Raya Holding for Financial Investments has announced a $15 million investment in Raya Data Center (RDC), a subsidiary of Raya Information Technology, from Africa50, a pan-African infrastructure investor and asset manager.

e& Egypt has officially launched the eSIM service in Egypt.

The National Telecom Regulatory Authority (NTRA) has officially launched the eSIM technology in Egypt, following the completion of necessary technical tests by the country’s four mobile operators.

Egypt is on the verge of a technological revolution as it gears up to deploy 5G networks. Telecom Egypt’s Managing Director and CEO Mohamed Nasr announced during the Cairo International Technology Exhibition that network commercial operations are expected to start in the first quarter (Q1) of 2025 at the latest. The 5G network activation is set to reshape the country's economic landscape, catalyzing growth across various sectors. As the world embraces the transformative power of 5G, Egypt is well-positioned to capitalize on its potential and emerge as a regional digital powerhouse.

Egypt has signed five memoranda of understanding (MoUs) with China to enhance cooperation in communications and information technology, with the agreements focusing on manufacturing, outsourcing, and capacity building.