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Infrastructure 
Egypt targets average internet speed of 20 MB/second next year
The CIT Ministry is looking to increase Egypt’s average internet speed to 20MB/second by the end of the year, Youm7…
Telecoms
Earnings watch: Etisalat Misr reports EGP 7.14 bn revenues in 1H2019
EARNINGS WATCH- Etisalat Misr reported revenues of EGP 7.14 bn in 1H2019, compared to EGP 6 bn during 2H2018, according…
Gov’t offers 250 feddan to the private sector in Egypt’s planned Knowledge City
The CIT Ministry is offering 250 feddans to private investors in the new capital’s knowledge city, which is planned to…
TE, Egypt’s Etisalat cooperate on virtual fixed line, bit-stream services
State-owned Telecom Egypt has signed four agreements with Etisalat Misr to allow the latter to provide virtual fixed line and…
Veon nearly completes MTO of 42.3% of Global Telecom Holding
M&A WATCH- GTH nearly completes sale of 42.3% stake to Veon: Global Telecom Holding (GTH) shareholders have completed the sale…
Banque Misr to launch e-wallet with Telecom Egypt
Telecom Egypt (TE) has signed an agreement with Banque Misr to launch an e-wallet enabling clients to transfer and receive…
Global Telecom appoints Gerbrand Nijman as company CEO
MOVES- Nijman appointed GTH CEO: Gerbrand Nijman (LinkedIn) was appointed Global Telecom’s chief executive on 1 July, replacing Vincenzo Nesci…
Telecom Egypt to launch IPTV services in “days”
Fixed land-line monopoly Telecom Egypt (TE) is planning to launch Internet Protocol Television (IPTV) services in a “few days,” CEO…
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