Telecom Egypt is setting strategies to develop its systems and broaden its networks. The company signed on August 8, 2019, on the sidelines of the BRICS Future Network Innovation forum (from 5 to 9 August 2019 in China), an agreement with Chinese technology company Huawei. Under this deal, signed between Adel Hamed, CEO of Telecom Egypt, and Vincent Sun, CEO of Huawei Egypt, the Chinese company will provide new communication usage models, as well as virtual reality (VR) and augmented reality (AR) applications to Telecom Egypt.
Egypt also gets from Huawei an investment for youth training programs, in collaboration with MCIT's training institutes and subsidiaries, including the Institute of Information Technology (ITI), the National Institute of Telecommunications (NTI) and the Information Technology Industry Development Agency (ITIDA). Together, the two parties’ companies will deepen their cooperation in advanced communication technologies and their various applications, such as 5G telecom and artificial intelligence (AI) solutions in agriculture and healthcare.
On 7 august 2019, Telecom Egypt signed a deal with telecom equipment manufacturer ZTE for the creation of a joint technology training center and innovation laboratory. The state-controlled company will benefit from ZTE’s expertise to train young people, engineers and technicians for mobile networks, the next generation passive optical network (NG-PON) and major data transfer networks, with a speed of more than 100 GB using optical fiber cables.
On the same date, Telecom Egypt also contacted China Telecom for cooperation in knowledge transfer, including customer service, installation Fiber to the Home (FTTH), and the provision of IP television services (IPTV). The two companies will collaborate to develop Telecom Egypt's operating model.
BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in...
AfDB raised $3 billion in a two-part bond issuance in U.S. dollars. The deal included th...
IFC to acquire stake in KERA Health, an AI-based e-health platform in Senegal Funding to supp...
• WAEMU’s inflation dropped from 2.2% in March to 1.5% in April 2025• BCEAO attributes the decline t...
• Funding resumes after 2023 suspension tied to Uganda’s anti-LGBT legislation• Three new projects a...
• The World Bank approves $88.7 million for the “Excellence in Learning” education project• The program aims to improve access and quality of...
• Algeria sets goal to raise date export revenues to $250 million per year• New plan aims to expand exports from 57 to 150 countries• Challenges...
• South African academy WeThinkCode receives R35 million ($2 million) from Google.org• The program targets 12,000 youth in South Africa and Kenya,...
• RAM to acquire up to 50 Boeing 737 MAX jets, several 787 Dreamliners, and around 20 Airbus A220s• The plan supports the airline’s long-term strategy to...
Located in the Seychelles archipelago, over 1,100 kilometers southwest of Mahé, Aldabra is one of the largest coral atolls in the world. It is composed of...
Le Morne Brabant, a basaltic mountain rising 556 meters in the southwest of Mauritius, overlooks a landscape of striking natural beauty. More than a...