Mobile operator Etisalat Misr announced on July 1 it has partnered with real estate developer Misr Italia Properties to provide a portfolio of advanced telecom and internet services and smart solutions for the Cairo Business Park, the first integrated administrative complex of the New Cairo project.
The collaboration is aligned with Etisalat Misr's ambition to offer a distinctive communication experience at high speeds and unprecedented quality through a data center using cloud computing tools. According to Hazem Metwally (pictured), CEO of Etisalat Misr, “the agreement reflects Etisalat Misr’s strategy – as a fully integrated telecom operator – which comes in line with Egypt's 2030 vision and digital transformation strategy across the economy and particularly in the real estate sector.”
“Relying on our latest technologies and infrastructure that is considered the best in the Egyptian market, we have always been keen to meet our customers’ needs and exceed their expectations, through transferring Etisalat Group’s successful and intellectual international experiences to the Egyptian market,” he added.
Mohamed Hany Al-Assal, the CEO of Misr Italia Properties, for his part, said “through this partnership, with investments amounting to 1.5 billion Egyptian pounds, we strive at developing an integrated digital administrative complex, which encompasses 42 administrative buildings on an area of 18 acres.”
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...
AJN Resources moves deeper into African gold with deal for 55% of DRC’s Giro project Acquisition adds Kebigada and Douze Match deposits as gold...
Proparco lends $23 million to Sonoco to build a 600-ton/day flour mill in Freetown Project aims to cut flour imports and supply regional...
Move follows delays, stalled investment decision and BP’s earlier withdrawal Government prioritizes domestic gas supply while keeping option for...
World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...