• Goodbye-mobinil-hello-telecom-orange

    Goodbye Mobinil, Hello Orange

    On the heels of Click GSM’s renaming as “Vodafone Egypt,” rival mobile-phone network Mobinil looks likely to also adopt the name of a major western mobile service provider, Orange! Since its inception in May 1998, Mobinil has strived to maintain its position as one of the leading mobile operators in...
  • Somabay Global Hybrid Electric Challenge

    Start Your Engines: Somabay Hosts Global Hybrid Electric Challenge

    SOMABAY, the lavish red sea resort, is opening new doors for global recognition while positioning itself as the first Egyptian entity sponsoring the Hybrid Tech in the Egyptian Market. No one can deny that Egypt is in desperate need for sustainable energy projects and more investors in the field...
  • Nestle expects “double-digit” growth on Egypt investments despite dollar squeeze

    Nestle has confirmed that it intends to continue to invest in growing its business in the Egyptian market, where it expects to report double-digit growth in 2016. The company has invested around EGP100bn (US$12.8bn) in Egypt over the past five years and a spokesperson for the group told just-food...
  • Olex Egypt Report 2015

    OLX Egypt annual report revealed [2015]

    OLX Egypt, the leading classified platform in the country, reveals the first detailed report throughout 2015 for the Egyptian market. Egypt is one of the biggest markets for OLX Arabia in Middle East and North Africa region. This extensive report sheds light on all the trends in the Autos,...
  • Al Tayyar acquires 33.3% of Jumia Middle East for SAR 125.6 million

    Al Tayyar Travel Group Holding acquired 33.3% of Jumia Middle East, which owns the online e-commerce website Wadi.com, for EUR 30 million (SAR 125.6 million). “The group led an alliance to raise the company’s capital by EUR60 million, which was financed from own sources”, the group stated, expecting that the...
  • SomaBay Paves the Way for Sustainable Energy Innovations

    Leading the way towards the transition into the renewable energy sector and supporting the presidential goals for sustainable development, SomaBay will bring the first Global Hybrid Electric Challenge to Egypt. An innovative project that will inspire university students to create hybrid cars, the competition is part of SomaBay’s larger...
  • MasterCard Love Index Dining the top Valentine’s Day treat in Egypt

    MasterCard Love Index: Dining the top Valentine’s Day treat in Egypt

    The move to digital and online shopping shows no sign of slowing down but when it comes to love, shoppers want to get physical. Today MasterCard has revealed that when it comes to expressing love, shoppers around the globe prefer the personal touch by picking out presents in store...
  • Jumia and AXA partner to provide insurance products and services to African customers

    Jumia and AXA partner to provide insurance products and services to African customers

    Africa Internet Group (“AIG”), a leading e-commerce group in Africa, and AXA, a worldwide leader in insurance and asset management, announced that AXA will invest Euro 75 million and own approximately 8% of the capital of AIG. Completion of the transaction is subject to customary closing conditions, including the...
  • The Central Bank Of Egypt Planning To Fund Egyptian SMEs With 200 Billion EGP

    The Central Bank Of Egypt Planning To Fund Egyptian SMEs With 200 Billion EGP

    The Central Bank of Egypt (CBE) obliged Egyptian banks to give out 20% of their total loans portfolio to small and medium enterprises (SMEs). This will provide 350,000 SMEs with EGP 200 billion in four years at 5% interest rate. The CBE’s statement included redefining SMEs to include companies...
  • Nielsen: Egypt Consumer Confidence Index Rises By 5 Points To A Score Of 90 Points

    Nielsen: Egypt Consumer Confidence Index Rises To A Score Of 90 Points

    Egypt Consumer Confidence went up five index points in the third quarter to a score of 90, according to the latest Nielsen’s Consumer Confidence Index Report. This brings the confidence score to the same level as the first quarter of 2015, the highest score since 2012. Index returns to...
  • Project-Management-Timeline-infograph

    Project Management History [infograph]

    Project Management skills are becoming some of the most sought after in modern business. In an ever changing commercial environment projects are integral to continued growth. Although the sector continues to evolve many of the fundamental skills of project management go back as far as the Egyptians. In fact...
  • Top 10 Companies to Work for in 2016

    Top 10 Companies to Work for in 2016

    Every year jobs and career site Glassdoor publishes the 10 best large companies to work for as ranked by employees. The results were collected as part of Glassdoor’s eighth annual “Employees Choice Awards,” which give workers at small and large companies in the U.S., as well as companies in Canada,...
  • THE WORLD IS COMING TO CAIRO: 25 countries represented at RiseUp Summit 2015

    Individuals and delegations from over 25 countries will be participating at the RiseUp Summit 2015, the Middle East & Africa’s top entrepreneurship experience, which will take place this year from December 12th – 13th in various venues around Downtown Cairo. The countries represented will be the UAE, Saudi Arabia,...
  • Investment and Technology Conference to be held on Tuesday 24th of November

    Investment and Technology Conference to be held on Tuesday 24th of November

    The Communications and Information Technology sector has been a true driving engine of economic growth and development in Egypt during the past 15 years. The sector is not only responsible for a total change in the day-to-day lives of every Egyptian; it has also been one of the most...
  • 497 million Egyptian Pounds is the value of the secondhand items posted in OLX Egypt this summer

    497 million EGP is the value of OLX secondhand items [summer 2015]

    OLX users in Egypt  posted more than 260 thousand secondhand items this summer Secondhand mobile phones are the most listed items this summer in Egypt Most searched items in Egypt this summer were Air conditioners and beach buggies OLX the leading free online classified platform in Middle East and...