{"id":591256,"date":"2019-12-01T04:21:41","date_gmt":"2019-12-01T04:21:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/"},"modified":"2019-12-01T04:21:41","modified_gmt":"2019-12-01T04:21:41","slug":"orange-egypt-to-return-to-profitability-this-year-ceo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/","title":{"rendered":"Orange Egypt to return to profitability this year -CEO"},"content":{"rendered":"<p>Orange Egypt will turn a profit in 2019 for the first time in several years as it increases revenue from data services, CEO Yasser Shaker said, <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=27112019&id=95838155-bb33-449b-88c0-ded51eb65680\">according to Al Shorouk<\/a>. Yasser declined to provide an exact figure for the company\u2019s anticipated profits, but said at a presser the numbers are \u201cvery positive.\u201d The company is projected to earn 50% of its revenue from data services next year, up from 25-30% in 2018, Shaker said. The company lost almost EGP 666 mn in 9M2018 \u2014 the last time the company reported earnings after <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/29\/orange-egypts-board-of-directors-approves-voluntary-delisting-proposal\/\">delisting from the EGX<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orange Egypt will turn a profit in 2019 for the first time in several years as it increases revenue from data services, CEO Yasser Shaker said, according to Al Shorouk. Yasser declined to provide an exact figure for the company\u2019s anticipated profits, but said at a presser the numbers are \u201cvery positive.\u201d The company is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9290],"tags":[302,72,842,2369],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591256","post","type-post","status-publish","format-standard","hentry","category-telecoms-ict","tag-earnings","tag-enterpriseam","tag-orange-egypt","tag-telecoms-ict","wpautop","entry"],"acf":{"mongo_id":"3295cd60-d4df-4261-baea-3d3b9d1d3525","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[591225],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orange Egypt to return to profitability this year -CEO - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orange Egypt to return to profitability this year -CEO\" \/>\n<meta property=\"og:description\" content=\"Orange Egypt will turn a profit in 2019 for the first time in several years as it increases revenue from data services, CEO Yasser Shaker said, according to Al Shorouk. Yasser declined to provide an exact figure for the company\u2019s anticipated profits, but said at a presser the numbers are \u201cvery positive.\u201d The company is [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-01T04:21:41+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orange Egypt to return to profitability this year -CEO\",\"datePublished\":\"2019-12-01T04:21:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/\"},\"wordCount\":101,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"earnings\",\"EnterpriseAM\",\"Orange Egypt\",\"Telecoms + ICT\"],\"articleSection\":[\"Telecoms + ICT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/orange-egypt-to-return-to-profitability-this-year-ceo\/\",\"name\":\"Orange Egypt to return to profitability this year -CEO - 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Industry insiders had previously claimed that the fee hike would result in EGP\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":664741,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/06\/orange-group-taps-yasser-shaker-as-ceo-of-orange-middle-east-and-africa\/","url_meta":{"origin":591256,"position":1},"title":"Orange Group taps Yasser Shaker as CEO of Orange Middle East and Africa","author":"enterpriseam admin","date":"6 May 2025","format":false,"excerpt":"Shaker has been the CEO of Orange Egypt since 2018","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/416.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630607,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/26\/yasser-shaker-appointed-new-ceo-of-orange-egypt\/","url_meta":{"origin":591256,"position":2},"title":"Yasser Shaker appointed new CEO of Orange Egypt","author":"enterpriseam admin","date":"26 April 2018","format":false,"excerpt":"MOVES- Orange Egypt has appointed Yasser Shaker as its new CEO to replace outgoing CEO Jean-Marc Harion, who resigned last week. Shaker, who will assume his role as of 1 May, was senior vice president and CTIO of Orange Middle East and Africa \u201cwhere he contributed to the successful execution\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622117,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/is-5g-coming-to-egypt-in-2020\/","url_meta":{"origin":591256,"position":3},"title":"Is 5G coming to Egypt in 2020?","author":"enterpriseam admin","date":"27 November 2018","format":false,"excerpt":"Is 5G coming to Egypt in 2020? The National Telecommunications Regulatory Authority (NTRA) could start selling 5G spectra to Egypt\u2019s four mobile network operators as early as 2020, NTRA acting head Mostafa Abdel Wahed said at the Cairo ICT expo on Sunday, Al Masry Al Youm reported. Abdel Wahed did\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":667527,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/29\/orange-egypt-taps-new-ceo-and-managing-director\/","url_meta":{"origin":591256,"position":4},"title":"Orange Egypt taps new CEO and managing director","author":"enterpriseam admin","date":"29 June 2025","format":false,"excerpt":"Hesham Mahran (Linkedin) will take the helm as CEO and managing director of Orange Egypt starting 1 August, succeeding Yasser Shaker (Linkedin), according to a company statement. 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