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UK-based Softline Group acquires majority stake in cloud computing company Digitech
M&A- UK-based software firm Softline Group LTD has acquired a 51% stake in cloud computing company Digitech for EGP 262 mn,…
THIS MORNING: EGP at 27.63, savers pouring bns into 25% CDs ahead of IMF presser today
Good morning, folks, and happy hump day. The week flies by when you kick it off with a public holiday…
Siemens bags another smart grid contract
INFRASTRUCTURE- One step closer to the Egyptian-Greek subsea data cable: Telecom Egypt and Greek telecoms company Grid Telecom signed an…
Vodacom is officially Vodafone Egypt’s majority shareholder
South Africa’s Vodacom now owns the lion’s share of Vodafone Egypt: Vodafone Group has transferred its 55% stake in its…
The Senate Education Committee wants to introduce a 13-hour school day at public schools
EDUCATION Thirteen-hour school days: That’s the solution being proposed by the Senate Education Committee to tackle the problem of private…
Vodacom closes acquisition of 55% stake in Vodafone Egypt
Vodacom is Vodafone Egypt’s new majority shareholder: Vodafone Plc’s South African subsidiary, Vodacom, has closed the acquisition of its parent…
Our future as a electronic design and manufacturing hub
Does Egypt have what it takes to become an electronic design and manufacturing hub? As the CIT Ministry has been…
TransMin wants EUR 2 bn French loan to fund Metro Line 6
Among the other stories we’re paying attention to this morning: TRANSPORT- The Transport Ministry is in talks with three unnamed…
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