
Fawry and Bel Egypt Join Forces to Launch Digital Financing Solutions for Retailers
The initiative aims to support 25,000 retailers across Egypt, enhancing their digital transformation and business growth.
The initiative aims to support 25,000 retailers across Egypt, enhancing their digital transformation and business growth.
Egypt’s digital exports increased by 26%, reaching $6.2 billion by the end of 2023.
Huawei and Vodafone Egypt have successfully deployed the world’s first 25 Gbps microwave link in the E-band spectrum. This innovative solution strengthens Egypt’s position in telecom technology, enabling ultra-high-speed connectivity and supporting the country’s digital transformation.
Google will transition payments for services like AdSense and YouTube AdSense in Egypt from USD to EGP starting May 1, 2025. This move aims to support local content creators and aligns with efforts in other countries. Users will need to link bank accounts for local currency transactions and access their payment history.
As the world recovers from the COVID-19 pandemic, the importance of AI and digital technologies in reshaping labor markets is critical. Egypt is urged to invest in education and workforce development to bridge skills gaps and embrace AI adoption, ensuring sustainable economic growth and competitiveness in the global landscape.
IL Cazar has partnered with Orange Egypt to enhance telecommunications and smart technology services in its Go Heliopolis and Creek Town projects in New Cairo. Residents will benefit from Orange’s Triple Play services, featuring high-speed internet, IP telephone, and IPTV, improving connectivity and overall living experiences.
Egypt’s ICT Minister, Amr Talaat, outlined the ministry’s plans for digital transformation, focusing on electronics manufacturing, telecom infrastructure, and legislative reforms. Key laws include data classification and a national property ID system. Efforts are also underway to expand mobile coverage and modernize post offices.
e& Egypt has signed an agreement with NCTS to provide advanced telecom services via the Tiba 1 satellite. This partnership aims to enhance telecommunications in remote areas and support critical industries such as petroleum, mining, and tourism. The agreement positions e& Egypt as a pioneer in satellite-based telecom technology.
Egypt is solidifying its position as a leader in Africa’s electronics sector through the EME initiative, enhancing its smartphone manufacturing capabilities. Partnerships with major brands and substantial investments are establishing Egypt as a strategic production hub, generating significant employment opportunities despite facing infrastructural and logistical challenges.
Mastercard and Entreprenelle have partnered to empower Egyptian female entrepreneurs through upskilling workshops, focusing on digital economy skills. This collaboration aims to enhance innovation and growth for women-led businesses, supported by Mastercard’s ‘Her Voice’ podcast series, celebrating female entrepreneurial achievements.