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 preliminarily approved Helios’ binding offer to acquire a 75–80% stake in its Regional Data Hub subsidiary, valuing RDH at USD 230–260 million. Telecom Egypt will retain a minority stake, with EFG Hermes as financial advisor and ADSERO & A&O Shearman providing legal counsel.
Telecom Egypt and Jordan’s NaiTel have completed the Coral Bridge subsea cable across the Gulf of Aqaba. The 48-fiber-pair system provides over 1 petabit of capacity, linking Egypt and Jordan directly for the first time in 25 years and enabling seamless onward connectivity between Africa, Asia, and Europe.
Telecom Egypt and KareXpert will build a secure national digital healthcare platform, offering EMRs, hospital management, and digital billing. Hosted in Egypt for compliance and privacy, the system supports AI and IoT scalability, reinforcing Egypt Vision 2030’s push toward a smart healthcare ecosystem.
NaiTel and Telecom Egypt have completed the Coral Bridge subsea cable, the first direct link between Jordan and Egypt in over 25 years. The 15-km system, equipped with 48 fibre pairs, delivers 1 Petabit capacity, ultra-low latency, and cost efficiency, enhancing regional connectivity across Asia, Africa, and Europe.
Barwa Developments has signed an MoU with Telecom Egypt to equip its projects with advanced communication and smart technology services. The partnership will enhance digital infrastructure across Barwa’s mixed-use developments, boost investment value, and support Egypt’s digital transformation and smart city ambitions.
Barwa Developments has signed an MoU with Telecom Egypt to equip its projects with smart communication infrastructure and digital solutions. The collaboration strengthens Barwa’s integrated development strategy, enhances investment value, and positions Telecom Egypt as a key partner in powering Egypt’s real estate sector with advanced smart city technologies.
Telecom Egypt reported 33% YoY revenue growth to EGP 50.6bn in H1 2025, with Data up 47% and International Calls up 50%. EBITDA rose 43% to EGP 22.1bn, while normalized net profit jumped 50% to EGP 10.3bn. Strong cash flow, lower debt, and 5G rollout underscore solid momentum.
Telecom Egypt’s H1 2025 revenue rose 33% to EGP 50.6B, driven by data and international calls, with EBITDA up 43% and net profit up 50%. The company launched 5G, improved cash flow, and strengthened its debt position while committing to further investment and sustainable growth.
The completion of SEA-ME-WE-6 landings in Egypt reinforces its pivotal role as a digital gateway connecting three continents, enhancing network resilience, capacity, and global connectivity.
Telecom Egypt and KareXpert partner to launch a secure AI-powered digital healthcare platform on a national cloud. It integrates hospital management, unified records, and billing to boost efficiency and data sovereignty. This supports Egypt’s Vision 2030 by expanding Telecom Egypt’s healthcare technology services.