Egypt

  • In September 1999 a national project for a technological renaissance was announced in Egypt reflecting the commitment of the government to developing the country's IT sector. That commitment is reflected today by the introduction of 4G services, the nation's pledge to improve ICT education, and its vision for a more digital and sustainable future.

  • Honeywell, a global technology leader, willdemonstrate cutting-edge Industrial Internet of Things (IIoT) technologies that support the development of smart, connected and more efficient buildings and cities in Egypt at Cairo ICT 2019.

  • Huawei held a ceremony to launch the Cairo OpenLab during the Cairo ICT 2017 conference. Huawei, together with industry alliance and partners in Northern Africa, aims to build ICT ecosystem in Northern Africa in response to industry digital transformation.

  • UAE ride-hailing services company Careem has invested $500,000 in a start-up entity which focuses on connecting commuters with private buses in the Egyptian capital city of Cairo. Careem, which is seen as Middle East rival to global ride-hailing colossus Uber, acquired the minority stake in SWVL after weeks of negotiations. It has also been disclosed that in addition to the investment, CEO and co-founder of Careem, Magnus Olsson will also join the board of SWVL.

  • The issue of regulating and legalizing ride-sharing services in Egypt was raised in the last couple of months when an Egyptian court ordered the suspension of such services in March after a group of taxi drivers claimed that they were illegally using private cars as taxis.