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Global Telecom gets CBE approval to provide USD equivalent
The CBE has approved making USD equivalent of EGP available to GDR holders outside Egypt who participated in Global Telecom…
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GTH cancels GDR programme, expects it to be effective on 8 March
Global Telecom Holding (GTH)’s EGM has approved cancelling the GDR program and expects it to be effective around 8 March,…
Global Telecom Holding to sign USD 200 mn loan agreement with Citi and ING Bank
Global Telecom Holding will be signing an unsecured short-term loan agreement for USD 200 mn with Citi and ING Bank…
TE still in negotiations with MNOs for domestic roaming
Telecom Egypt (TE) is still in talks with the three mobile network operators over the technical and financial aspects of…
Raya merging Data Center operations with Information Technology
Raya Holdings is merging its subsidiaries Raya Data Center and Raya Information Technology to form one entity, unnamed sources tell…
CIT Ministry will provide MNOs with 4G spectrum by April
The CIT Ministry will provide mobile network operators with 4G spectrum in April, unnamed sources tell Al Borsa. The MNOs…
Only 10% of Egypt’s micro and small handcraft enterprises use internet -UNCTAD
Only one in 10 micro and small handicraft enterprises, defined as those with 10 workers or fewer, use the Internet…
InnJoo looking for domestic partner to begin local manufacturing
Dubai-based InnJoo is looking to expand its activities in Egypt, specifically by looking for a domestic partner to begin manufacturing…
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