Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Telecom Egypt has approved Helios Investments’ binding offer to acquire a 75–80% stake in its new RDH subsidiary, valuing the assets at up to $260 million. The venture will develop Egypt’s data centres, with completion pending restructuring and regulatory approvals.
EBRD and Banque Misr provide $80 million loan to Orange Egypt for 5G licence acquisition and network upgrade. The project enhances digital services, reduces CO2 emissions, and supports Egypt’s sustainable telecom growth, reflecting strong international confidence in the country’s digital economy.