15 November 2024
Headlines

Egypt

A dynamic scene showcasing the inauguration of the Cellular Tower Manufacturing Center by the Arab Organization for Industrialization (AOI) in Egypt.

AOI Localizes Cellular Tower Manufacturing in Egypt

Shahzaib03 mins

### AOI Localizes Cellular Tower Manufacturing in Egypt

The Arab Organization for Industrialization (AOI) has inaugurated the Cellular Tower Manufacturing Center at its Aircraft Factory, marking a significant step in localizing the manufacturing of cellular towers in Egypt. Mokhtar Abdel Latif, Chairperson of the AOI, led the inauguration, which was attended by Abdul Rahman Osman, General Manager of AOI; Tarek Hassan, Chairperson of the Aircraft Factory; and several industry leaders.

This initiative is part of AOI’s ongoing efforts to localize technology, increase the percentage of local manufacturing, and produce items under the “Made in Egypt” banner. Abdel Latif highlighted the focus on localizing mobile phone communication tower technology and upgrading production lines with the latest digital manufacturing machines. The center features some of the world’s most advanced production lines for angle forming and cutting, with engineers and technicians trained to the latest Fourth Industrial Revolution standards.

The Aircraft Factory of AOI has successfully achieved 100% local manufacturing of mobile phone communication towers. The factory has begun supplying towers to Etisalat&e, fulfilling the company’s increasing demands. By June 2024, 67 communication towers had been manufactured and supplied to Etisalat&e, with 70 more towers in production for delivery by the end of September 2024.

Abdel Latif noted ongoing coordination to sign memorandums of understanding with Telecom Egypt and other major telecom companies to expand mass production of communication towers. He emphasized AOI’s commitment to enhancing cooperation with all Egyptian telecom companies and developing integrated smart solutions in design, manufacturing, and assembly, driven by Egyptian creativity and national manufacturing capabilities. This initiative aims to meet local market needs and expand exports to African and Arab countries.

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A vibrant scene depicting fintech innovation and investment. The image features digital financial symbols, a growing graph, and a collaborative team e

Qardy Secures Significant Investment to Expand Digital Lending Marketplace

Shahzaib04 mins

Egyptian fintech Qardy raised a seven-figure pre-seed round from White Field Ventures, Vastly Valuable Ventures, and angel investors. Founded in 2022, Qardy connects MSMEs with financial institutions. The investment will enhance Qardy’s platform, expand services in the MENA region, and accelerate growth in KSA, emphasizing transparency and customer satisfaction.

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A modern digital illustration showcasing Egypt's new digital platform for diaspora academics. The image features elements like a digital network, academic

Egypt to Launch Digital Platform for Diaspora Academics to Boost Higher Education and Research

Shahzaib05 mins

Egypt will launch a digital platform to engage diaspora academics in national higher education and research strategies. The JESOR-D Initiative will facilitate collaboration with experts abroad, addressing local development challenges and promoting sustainable growth. This platform aims to turn brain drain into brain gain, enhancing Egypt’s academic and research capabilities.

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A modern digital illustration celebrating Vodafone Egypt's top ranking in network performance. The image features Vodafone's logo, a trophy, and icons

Vodafone Egypt Tops Umlaut’s Network Performance Rankings

Shahzaib02 mins

Vodafone Egypt has been ranked first in Umlaut’s latest network performance reports, covering November 2023 to April 2024. The company achieved top scores for mobile and fixed broadband performance. This recognition aligns with Vodafone Egypt’s commitment to customer satisfaction and continuous investment in network infrastructure to ensure reliable, high-quality connectivity.

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A professional and modern illustration depicting the partnership between Valu and Truecaller. Include elements like secure communication, financial tech

Valu Partners with Truecaller to Enhance Customer Safety and Business Communication

Shahzaib03 mins

Valu, MENA’s leading financial technology company, has partnered with Truecaller to enhance customer safety and business communication. By adopting Truecaller’s Verified Business Caller ID solution, Valu aims to provide secure, verified interactions, fostering trust and efficiency. This collaboration underscores Valu’s commitment to leveraging advanced technology for improved customer experience and financial inclusion.

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A professional and modern illustration depicting the collaboration between ITIDA and Informatique to enhance software engineering competence. Include

ITIDA and Informatique Sign MoU to Enhance Software Engineering Competence in Egypt

Shahzaib05 mins

ITIDA and Informatique Education for Technology signed an MoU to enhance software engineering competence in Egypt. The collaboration offers training, consultation, and certification services from ITIDA’s SECC, aiming to upskill employees, develop software products, and promote global standards. This initiative supports Egypt’s position as a leading hub for software development and technology services.

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A dynamic and modern illustration depicting a B2B digital trade platform in Egypt. Include elements like digital connections between retailers, wholes

Cartona Secures $8.1M in Series A Extension to Boost Digital Trade Market in Egypt

Shahzaib03 mins

Cartona, a B2B platform digitizing Egypt’s traditional trade market, raised $8.1 million in a Series A extension. The funds will accelerate growth, expand market share, and support regional expansion. The company’s asset-light model and strong unit economics have driven substantial growth, now serving over 188,000 retailers across 17 Egyptian cities.

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A modern and dynamic illustration depicting advanced communication services in real estate projects. Include elements like high-speed internet, smart

Al-Attal Properties Partners with Orange Egypt to Provide Advanced Communication Services to Park Lane and West Leaves Projects

Shahzaib04 mins

Al-Attal Properties has partnered with Orange Egypt to equip its Park Lane and West Leaves projects with advanced communication services through Orange’s Triple Play. This collaboration aims to enhance internet, telephone, and IPTV services, creating smart urban communities with modern infrastructure and sustainable designs in the New Administrative Capital and 6th of October City.

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