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Vodafone’s Bee and Masary acquisitions confirmed, ElSewedy Electrics sees net profits fall 25% in 2020
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.59 bn (8.7% above the 90-day average). Local investors…
Telecom Egypt sees 10% y-o-y income growth in 2020
State-owned Telecom Egypt recorded EGP 4.9 bn in net income in 2020, up 10% y-o-y and marking the landline monopoly’s…
Vodafone to acquire 20% in fintech players Bee and Masary
Vodafone Egypt is set to acquire a 20% stake in each of Bee and Masary — both subsidiaries of non-banking…
What we’re tracking on 23 February 2021
Happy hump day, everyone. It may be a relatively slow news day, but we’re still very happy that the weekend…
What we’re tracking tonight on 10 February 2020
Good afternoon, everyone. We hope Wednesday has treated you well, that you’ve been super-productive, and that you’re looking forward…
Digitalize all the things…
Want a building permit? You’ll need to hook your property up to fiber. Fiber optic connectivity will be one of…
What’s impeding Egypt’s data center growth?
What’s slowing the growth of Egypt’s data center industry? Plans to establish Egypt as a data center hub have been…
RATP Dev to manage the Salam City-Tenth of Ramadan electric rail
It’s official: French transportation outfit RATP Dev will operate the Salam City-Tenth of Ramadan electric train, after ministers gave the…
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