Technology – Daily News Egypt Egypt’s Only Daily Independent Newspaper In English Wed, 14 Nov 2018 21:22:12 +0000 en-US hourly 1 World’s data, privacy, balancing risks with benefits Wed, 14 Nov 2018 13:23:23 +0000 Balanced, inclusive, accountable data policies, fundamental in addressing growing trust concerns seen throughout today’s world, says WEF

The post World’s data, privacy, balancing risks with benefits appeared first on Daily News Egypt.

“Oil changed the world in the 1900s. It drove cars, it drove the whole chemical industry” said Intel CEO Brian Krzanich, adding that “Data, I look at it as the new oil. It’s going to change most industries across the board.”

Data is the latest commodity, spawns a lucrative, booming industry, prompting antitrust regulators to intervene to restrain those who control its flow. One can argue that, just few years shy from a century ago, control of oil was a key factor in who won World War II.  In this day and age, similar concerns are being raised by the giants who deal in data, the oil of the digital era. These tech-titans—Alphabet (Google’s parent company), Amazon, Apple, Facebook and Microsoft—look invincible.

The need to regulate privacy, and setting new data policies across the globe, is thoroughly studied in the report entitled ‘Data Policy in the Fourth Industrial Revolution: Insights on personal data’ by the World Economic Forum (WEF) in collaboration with the Ministry of Cabinet Affairs and the Future, the United Arab Emirates.

Fourth Industrial Revolution, and the data question

Many believe that we are on the cusp of The Fourth Industrial Revolution, unlike its predecessors —steam and water power, electricity and assembly lines, and computerisation— it will pose a more radical change to the way we live, work and relate to one another, or might even challenge our concepts of what we consider human.

With the fast-paced adoption of cyber-physical systems, the Internet of Things (IoT), and the Internet of Systems. This revolution is expected to impact all disciplines, industries, and economies.

In his book, The Fourth Industrial Revolution, Professor Klaus Schwab, founder and executive chairman of the WEF, describes the enormous potential for the technologies of the Fourth Industrial Revolution, as well as the possible risks: “The changes are so profound that, from the perspective of human history, there has never been a time of greater promise or potential peril. My concern, however, is that decision-makers are too often caught in traditional, linear (and non-disruptive) thinking, or too absorbed by immediate concerns to think strategically about the forces of disruption, and innovation shaping our future.”

These advancements promise to help countries boost economic growth, create jobs, reduce poverty, promote trade, and improve the quality of people’s lives.

However, the same technologies that can be used to improve health and medicine, enable personal interaction and engagement, and streamline the way governments provide services, can also be used to limit access to information, justify discrimination, restrict opportunity, and magnify an array of other harmful practices.

According to the WEF report, data is the centre of this broad digital transformation, as it is collected, created, used, processed, analysed, shared, transferred, copied and stored in unprecedented ways and at an extraordinary speed and volume. By 2020, an estimated 50bn devices will be wirelessly connected to the internet.

Understanding the ways data is generated, has become crucial, for any effective governance, the report states, taking into consideration that billions of sensors come online that passively collect data (without individuals being aware of it) and as computer analytics generate and synthesise more ‘bits about bytes’.

Data collection, creation, processing and sharing became inevitable, despite its source, whether it is volunteered by individuals, observed from behaviour, inferred by organisations or obtained from third parties.

Despite that, the global regulatory landscape for data is increasingly complex, and regulations remain unclear. Currently, there are more than 120 different national laws governing the collection and use of data, with new laws imminent in the EU, China and Brazil. Set to go into effect in 2020, a new data-protection law was recently passed in California, the home state of many major technology companies, and national privacy law is now being seriously contemplated in the US.

“It’s important to note the potential impact of conflicting regulation and data-localisation requirements on digital trade and commerce, which is reliant upon cross-border data flows, and which helps distribute economic benefits across the globe,” the report indicates.

Hence, rises the dilemma of how to address recent technologies that fall outside existing regulatory frameworks, as regulators around the world are experimenting with new approaches to data policy.

The pace of technological advances means that existing laws and regulations can quickly become obsolete, frustrating both customers and businesses seeking to access new innovations. However, individuals can also become concerned if they feel governments are not sufficiently protecting them from new risks.

“One of the greatest individual challenges posed by new information technologies is privacy.

We instinctively understand why it is so essential, yet the tracking and sharing of information about us is a crucial part of the new connectivity. Debates about fundamental issues such as the impact on our inner lives and of the loss of control over our data will only intensify in the years ahead,” according to Schwab.

Privacy complexity: data protection versus security

Against this backdrop, a range of issues and concerns frames the modern privacy debate, which raises ethical, technological, legal, economic, cultural and even philosophical questions. The complexity of the challenges do not mean that solutions cannot be developed. It does mean that the solutions are unlikely to be simple and straightforward.

The report summarises the four main directions for confusion and tension surrounding the issue of privacy:

First are the semantics of privacy, as privacy conveys a variety of overlapping harms, including, for example, the appropriation of a person’s picture or name for commercial advantage, surveillance of individual affairs, and public disclosure of private facts.

Second, are the power asymmetries, the fact that the ability to understand complex and inscrutable data flows within many global platforms is increasingly impractical.

Third are the macro approaches to privacy, as jurisdictions, countries, and cultures take different approaches to address the identified harms without any coordinated global policy approach.

Finally, are the micro perceptions of privacy, as individuals display a range of inconsistent behaviours driven by individual choice and economic rationales, often saying one thing and doing another.

The report indicates that new approaches are needed to help policy-makers address this complexity, and to understand, navigate and simplify the challenges. Policy protocols must be considered together to understand how each decision interacts with, or influences, other decisions within a single data policy framework.

Stressing the importance of the notion of privacy – the right to private life, data protection ,and confidentiality of communications – and the characterisation of privacy as a right, necessarily implicates a range of values and norms that may vary from country to country.

“A country that places less emphasis on individual autonomy may not value “the right to privacy” to the same extent as other nations, particularly with respect to the relationship between the individual and the state,” the report indicates.

Furthermore, the WEF believes that clear and cohesive data protection frameworks will provide commercial actors with regulatory certainty, as policies that are flexible, iterative, and adaptive can address some of the differing stakeholder perspectives.

On the other hand, the relationship between privacy and security also warrants clarification. Despite the fact that these two terms are overlapping and complementary, yet they are fundamentally different.

According to the report, information security concerns the confidentiality, integrity, and availability of information. Privacy risks may result from authorised activity that is beyond the scope of information


Thus, protecting individuals’ privacy cannot be achieved solely by securing personal data.

Security involves protecting information from unauthorised access, use, disclosure, disruption, modification or destruction.

Privacy, on the other hand, is concerned with managing the risks to individuals associated with the creation, collection, use, processing, storage, maintenance, dissemination, disclosure or disposal of personal data.

The way forward, revisiting FIPPs, dimensions of trust

Nearly 40 years ago, Fair Information Practice Principles (FIPPs) were published, as an early attempt at developing a shared vocabulary and a common set of principles. The FIPPs are the basis of most privacy laws and data-protection frameworks in effect today.

The report believes that the FIPPs require further consideration and refinement. As machine learning and artificial intelligence (AI) find new ways to leverage data in larger volumes, along with new forms of ubiquitous and ambient data collection through IoT and connected devices, models of consent must change and adapt.

“Reinterpreting the FIPPs, or simply evaluating them in light of new technologies, may serve to effectively modernize any FIPPs-based regulation currently in effect,” the report states.

Moreover, the WEF identifies the increasing trust gap, as one of the barriers toward the fast-paced adoption of the technologies of the Fourth Industrial Revolution.

In the recent years, trust concerns within the digital ecosystem have been on the rise. Security breaches, identity theft and fraud; concern from individuals and organisations about the accuracy and use of personal data; companies confused about what they can and cannot do; and increasing attention and sanctions from regulators are just some of the indicators.

In September for example, Facebook notified users of a massive data breach affecting over 50 million people. In the same month, Google announced that it allow third-party apps to access and share data from Gmail accounts, which has over 1.4 billion users globally.

In fact, in 2017, the global Edelman Trust Barometer had its biggest drop in trust ever across the institutions surveyed of government, business, media and NGOs compared to the previous year. In 2018, though outliers to this trend persist, little had improved, and some important markers were even worse.

What can be done?

The report concludes that one of the directions that needs to be adopted is the risk-based approach to data, which means going well beyond legal compliance and embracing rigorous analysis, deliberation and, at times, confronting issues of ethical uncertainty.

The aim is to fully inform decision-makers of potential risks, so they are not intentionally, or accidentally, ignored. The process is designed to render decisions that are informed, deliberate, and human.

Moreover, the report specifies three potential outcomes:

First, is that decision-makers agree the initiative has a high probability that a material set of adverse consequences could occur, so the initiative is terminated regardless of the potential benefits.

Second, is that decision-makers consider all of the potential risks and decide that the initiative will go forward as proposed. No changes to mitigate risk are taken as the risks are viewed as insignificant or the potential benefits outweigh the risks.

Third, is the scenario where decision-makers take some steps to mitigate some risk and the project goes forward with full knowledge and acceptance of any residual risks.

Consequently, identifying and setting specific rules for categories of sensitive data is now a core part of nearly every data protection framework, according to the report.

The report highlights the importance the sensitivity of the data in a given context, and the potential risk of adverse consequences or harms to individuals from the processing of that data, whether it is labelled as personal or not.

“Understanding the sensitivity of a data element, or given category, is important not only in the context of privacy but for data security, information governance, and risk management more generally. Once categories of sensitive data are identified, a framework must identify the implications of being labelled as such within a given framework. Higher standards regarding consent, security, and legitimate use may be appropriate. In some cases, the collection and use of certain sensitive information may be prohibited outright,” the report concludes.

The post World’s data, privacy, balancing risks with benefits appeared first on Daily News Egypt.

]]> 0
The Rise of Artificial Intelligence – Part 2.2: From Augmenting BI to Aiming AGI Wed, 07 Nov 2018 10:00:30 +0000 In the last Part 2.1, we dove a little deeper into the meaning of AI, and explained in a simple manner how the most advanced techniques of AI (deep neural networks) were originally an inspiration of how the human brain works (biological neural networks). In this part, we will move one step forward to highlight …

The post The Rise of Artificial Intelligence – Part 2.2: From Augmenting BI to Aiming AGI appeared first on Daily News Egypt.

In the last Part 2.1, we dove a little deeper into the meaning of AI, and explained in a simple manner how the most advanced techniques of AI (deep neural networks) were originally an inspiration of how the human brain works (biological neural networks).

In this part, we will move one step forward to highlight the similarities and differences between AI and other overlapping terms.

AI is a colloquial term that is generally used to refer to the ability of computers to stimulate intellectual tasks, and provide a human like output without being specifically programmed. The term is very much less used in the technical fields of computer and data sciences.

During a discussion initiated by computer and data scientists addressing certain AI-powered applications, terms such as machine learning, deep learning, topic modelling, knowledge representation and expert systems are more likely to be used than AI. Nevertheless, AI is still a dominant term that refers to all underlying techniques and algorithms capable of stimulating some intelligent tasks.

Some argue that when computers are capable of completely performing intelligent tasks and generating a human-like output, the task is no longer intelligent and loses the quality of being qualified as an AI-generated output. This is because the computer does it seamlessly and regularly. While the argument may seem academic to a certain extent, its practical demonstration could be very interesting. The fact that an intellectual task can be performed by a computer with no margin of error, and without being specifically programmed means that computer is likely capable of performing, or at least ready to learn, a far more intelligence new task while building on the previous one. This point will later take us to the meaning of Artificial General Intelligence. 

The term AI is also confused with other terms such as Business Intelligence (BI) and such confusion is, in my opinion, one of the reasons why AI is sometimes overhyped and oversold in the business world. That is why it would be important to draw the line between the two fields and shed some light on how AI can help augment BI.

Artificial Intelligence vs. Business Intelligence

BI refers to the set of tools and technologies that are used to collect, store, access, analyse and transform data into actionable analytics in order to help businesses make decisions in a faster and more efficient manner. BI enables organisations to improve the quality of data they collect, and the consistency with which they collect it. BI tools also streamline the tasks that employees need to carry out in order to search for, collect, merge and analyse data to obtain the information they need to take sound business decisions.

One of the key benefits of BI is that the collected data can be broken down into a multitude of ways to support different roles, tasks or decisions.

Take the example of an organisation (such as a law or an auditing firm) that charges its customers based on an hourly rate. Each employee (lawyer or auditor) has a role to be performed in the form of deliverables, such as legal review of documents or providing audit reports based on their time. These employees are called fee earners. With BI tools, fee-earners can look at their own billing by matter, over time, and against their targets, and can compare their performance with others whereas the head of the department (such as a senior partner) could look at billing or other indicators for their whole department, and then break it down by sector matter, client, team or fee-earner.

Meanwhile, business support departments within the firm, such as HR and finance, could focus on different metrics according to their strategic priorities. 

BI tools could also be very helpful for retail businesses with seasonal business cycles. Such businesses find it challenging to optimise their stocks to cope with seasonal demands. With BI tools of decision support systems, analysis of historical sales and stocktaking data for warehouse products, such businesses have been able to significantly increase their profitability and efficiently meet market demands. 

There are many leading BI service providers such as Microsoft, Qlik, Tableau, IBM, Oracle and SAS. Organisations choose their BI platforms based on various factors depending on the size and complexity of its operations.

Nevertheless, BI is good as far as providing tools to let the organisation take the right decision. It does not make any recommendation or bridge this causal link between the analysed data and the decision to be taken.

As one of the leading decision science professors put it “BI does not tell you what to do; it tells you what was and what it is”. Simply put, by way of analogy, BI cleans and organizes your dressing room, but it does not tell you what to wear on a given occasion.

But AI is different. It can bridge that causal link between the data (even in its raw forms), and the decision to be made. AI can make the decision the way of finding the patterns in the data and applying the right algorithmic operations to such patterns. A computer trained on a hundred thousand photos of dogs and cats, can tell you whether a new photo is a cat or a dog. AI does not only cluster the historical photos of cats and dogs (like BI) but also decides what object in a new photo is.

AI is a perfect fit to help augment BI tools to offer organisations integrated platforms that do not only analyse data, but also generate human-like outputs using such data. AI is a great interface that could help businesses optimise the efficiency of their time and expenditures, as well as direct their human resources towards smarter and career-progressive roles.

Next Article Part 2.3: AI and AGI

Hani A. Rasoul Chief Executive Officer & Chief of Legal Tech. & Analytics at Brightiom

The post The Rise of Artificial Intelligence – Part 2.2: From Augmenting BI to Aiming AGI appeared first on Daily News Egypt.

]]> 0
50% decline in mobile sales since pound flotation: Mostafa Wed, 07 Nov 2018 09:30:59 +0000 Past years have proven success of small companies, market is not monopolised

The post 50% decline in mobile sales since pound flotation: Mostafa appeared first on Daily News Egypt.

Ahmed Mostafa, head of the Mobile and Communications Division at the Chamber of Commerce in Alexandria, said that mobile trade has seen a decline in sales estimated at nearly 50% since the flotation of the Egyptian pound.

He told Daily News Egypt that the share of the mobile market sales in Alexandria represents 18% of total sales, explaining that the mobile market is not monopolised by specific brands anymore. The past years have seen the success of many companies who have been in the market for no more than three years. The head of the division divided the market into two generations: Pre-2010 and post-2010.

The market is witnessing a variety in brands and a competition that makes monopolisation difficult. Additionally, the sector has attracted more people who are passionate about technology, and who are graduates of universities, looking for proper work opportunities.

Mostafa believes that halting the sale of new mobile lines is impossible, and limiting sales to companies is not the end, considering the upcoming period is one that requires more thinking outside the box.

Additionally, investment and profit should not be solely dependent on top-up cards with mobile companies providing payment services, including Vodafone Cash, Fawry, and Aman.

He stressed the importance of meeting with the officials responsible for VAT issuance in order to raise awareness about it, and discuss the mechanisms of its application, especially that its calculation is different from the buying and selling value. Additionally, a guide should be prepared regarding calculating tax in the sector of mobile and communications.

Mostafa estimated the share of the mobile market in Alexandria to be 18% of the total mobile market size in Egypt, explaining that the share of Alexandria and Giza represents over 50% of the total market.

He pointed out that the market is no longer monopolised by a single famous brand, as now new brands can be found—who have only been in the market for no more than three years—and they achieved good sales. The difference between the share of a company and another would only be 1% or 2%. A company does not account for more than 20-25% of the market.

Mostafa described the mobile market as one that has “issues in expenses and costs”, as traders bear great costs to start their activities, starting from the purchase value or rent value of a place, to the cost of preparing it, in addition to regular expenses for services and wages, as well as the value of the devices whose average prices are estimated to be EGP 3,000. This means that the cost of a single shop is nearly EGP 800,000, which is very expensive for a trader who has just started his work, especially that there is a decline by 50% in the volume of sales after the flotation decision.

The head of the division pointed out that he is working with the board of directors of the division on three main axes and goals during the short upcoming period, represented in protection, development and improvement, considering protection the missing link among mobile traders.

“We are facing major issues with the Consumer Protection Agency which overlooked traders and their awareness of the correct ways to preserve their rights, unlike the case with consumers, as it advises them on the correct steps to take to preserve their rights, which is a point that needs to be addressed when the laws of the sector are discussed,” he added.

He pointed out that it does not make sense to have a mechanism to categorise mobile traders and shops, especially that they are subject to fines and violations imposed by certain bodies without a real formulate to legalize practicing the activity. He demanded that traders are provided by a guide with the commercial register in order to help them avoid being subject to fines.

The post 50% decline in mobile sales since pound flotation: Mostafa appeared first on Daily News Egypt.

]]> 0
24 million Facebook users in Egypt: head of public policies in MENA Wed, 07 Nov 2018 09:00:03 +0000 100 billion messages through our applications daily, says Ali

The post 24 million Facebook users in Egypt: head of public policies in MENA appeared first on Daily News Egypt.

Nashwa Ali, the head of Public Policies of the Middle East and North Africa (MENA) region at Facebook, said that there are about 24 million people using the website daily in Egypt, while the number of users who access it through mobile phones is nearly 37 million people on a monthly basis.

Ali told Daily News Egypt that her company has recently hosted the ‘Boost Your Business’ event for the very first time in Egypt this year, within the framework of its vision for the growth of start-ups.

Over 250 owners of medium and small enterprises participated to benefit from the experiences of companies which used Facebook to develop their work, communicate with others, meet website experts and take part in the training.

Globally, Facebook is helping local companies create over 60% new jobs. “We exerted great efforts to help local companies grow, hence, create more jobs and enhance communities,” she indicated.

Ali explained that the work team is constantly working to find free solutions, such as ‘pages’, ‘Facebook jobs’ which is the tool used to look for jobs, and training programmes such as ‘community boots’ and e-learning tools, including ‘blueprint’.

Regarding Facebook’s vision of the local market in terms of investment opportunities and having more present in the future, Ali said that Egypt is a country rich with talents. “These major successes achieved by entrepreneurs and owners of start-ups have inspired us, which encouraged us to host the ‘Boost Your Business’ event in Egypt this year, as this country has so much talent and potential,” she said.

Technology has offered so much support to the economy, and managed to help many discover local companies and communicate with them. Today, millions of local companies use Facebook and Instagram to start their businesses to start their work and communicate with clients in order to grow and increase trade and employment, remarked Ali.

There are also plans to invest in more people, technologies and programmes to help local companies grow and support them in terms of gaining digital skills and finding new jobs.

“We are well-aware that this advancement serves our communities, our economies, and each and every one of us,” she stressed.

Earlier this year, Facebook launched the ‘marketplace’ service in Egypt, Algeria, and Morocco to help people who use Facebook to explore, purchase, and sell items.

Concerning the total number of active users at the present time, Ali explained that there are over 2.6 billion Facebook, WhatsApp, Instagram and Messenger users.

“In the past quarter, the number reached about 2.5 billion, but currently, on average, there are more than 2 billion people at least using one of our services on a daily basis,” she elaborated.

Users currently send nearly 100 billion messages daily, and the company’s ‘messenger’ service is ranked the second most popular, in terms of the number of daily correspondences through it.

The post 24 million Facebook users in Egypt: head of public policies in MENA appeared first on Daily News Egypt.

]]> 0
New development will help Fawry to reach 6m daily transactions Wed, 31 Oct 2018 08:30:40 +0000 Company’s e-payment injected EGP 90m last year to improve technological structure efficiency, guarantee electronic services quality

The post New development will help Fawry to reach 6m daily transactions appeared first on Daily News Egypt.

Mohamed Okasha, managing director of Fawry e-payments, said that the company injected EGP 90m last year to improve the efficiency of its technological structure, to guarantee the quality of its electronic payment services which it provides.

I a press statement, Okasha announced that Fawry’s network sees about 2m e-payment transactions, while the new development will help Fawry to reach 6m transactions every day.

Fawry’s network provides electronic payment services for several sectors, including the telecom sector, WE, and Internet companies, as well as utility bills’ payments, and social housing instalments.

An international alliance composed of several investment companies bought most of Fawry’s shares in 2015, in a deal worth $100m.

Fawry was founded in 2010 to offer e-payment services for all four mobile operators: Vodafone, Orange, Etisalat, and WE, as well as electricity companies, nine water distribution companies, along with the traffic prosecution department through providing online payment services and license renewal, among other services in the Egyptian market.

The post New development will help Fawry to reach 6m daily transactions appeared first on Daily News Egypt.

]]> 0
Aman, WE, agree on collecting bills, balance recharge Wed, 31 Oct 2018 08:00:05 +0000 Company's expansion plan includes reaching 70 points of sale, adding 400 branches

The post Aman, WE, agree on collecting bills, balance recharge appeared first on Daily News Egypt.

Aman Financial Services, a subsidiary of Raya Holding Group, has agreed with Telecom Egypt, currently known as WE, to provide billing and charging services for WE lines, through its outlets and branches.

This new service comes after Aman successfully added WE’s landline and internet bills’ payment service.

Aman’s outlets and branches are presently offering bill payments and balance recharges for all four operators in the market: Vodafone, Orange, Etisalat, and WE, which reflects the company’s strong strategy and its confidence in reaching more clients.

Aman also agreed with WE to provide the latter’s services in order to reach more clients through its 25,000 outlets and 140 branches in Greater Cairo. The company’s expansion plan includes reaching 70 points of sale (POS) and adding 400 branches.

El-Sayed Mohamed Wahby, CEO of Aman Electronic Payment Company, said that the company is taking steady steps to increase the number of offered services, through its electronic platform and branches, in all governorates, to meet customer needs. He added that Aman also target to increase the number of merchants who accept electronic payments through POS and various applications, in addition to partnering with businesses and banking communities, so as to facilitate payments, and contribute to boosting e-payments in the local market.

Aman is constantly on the lookout for partnerships with local market players as it develops, becoming the leading e-payment company in Egypt in the coming years, based on the country’s determination to transform itself into a society that is less dependent on cash transactions. The company currents transacts 85 deals per second, stressed Wahby.

Aman’s CEO said that the Non-Cash Transactions Development Law passed by the Supreme Council of Payments by the government during its previous meeting, is a very important step towards effective measures towards increasing electronic payment rates in Egypt. This will increase the number of merchants with POS, and will facilitate the steps customers perform to conduct electronic payments, such as mobile wallets.

The post Aman, WE, agree on collecting bills, balance recharge appeared first on Daily News Egypt.

]]> 0
Jumia meets MCIT to discuss remarks on new e-commerce law Wed, 31 Oct 2018 07:30:20 +0000 Company expects 30 million customers on Black Friday: Safwat

The post Jumia meets MCIT to discuss remarks on new e-commerce law appeared first on Daily News Egypt.

Jumia, an e-commerce company, will meet with officials of the Ministry of Communications and Information Technology to discuss their demands and technical comments on the new e-commerce law, according to CEO of Jumia, Hesham Safwat.

He pointed out that there are different types of e-commerce platforms. Some platforms provide e-commerce services among customers, while others like Jumia showcase companies’ products, along with online stores. Each of these types have different roles that must be regulated by the law.

The company always seeks to protect its investments through regulated legislation, which are necessary to support the spread of electronic commerce and protect investments, highlighted Safwat.

Furthermore, Safwat remarked that the number of products exhibited on Jumia’s platform exceeded 2m products from 7,000 exhibitors, up by 170% in business size, noting that the company aims to have 20,000 exhibitors in the coming period.

It comes on the sidelines of the press conference held on Monday by Jumia to announce the launch of the Black Friday offers between 2 and 30 November. The company aims to attract 30 million customers during this sales period, Safwat declared.

During the press conference, Nisreen Wahba, head of the company’s Commercial Sector, said that Jumia plans to conclude 200,000 transactions, through 7,000 exhibitors, offering 2m products on its electronic platform.

She explained that the Jumia will provide discounts up to 80% on appliances in the first week of the Black Friday campaign, then fashion followed by electronics. The company will conclude by offering top selling products in campaign’s last week.

Wahba added that Jumia will also offer discounts every Sunday on a certain product, beginning with groceries, followed by children’s items as well as automotive-related products.

Moreover, she indicated that 12 flash sales will be offered every Friday, as well as 1,000 discount coupons.

Jumia’s partners in this campaign include L’Oreal, Andorra, Town Team, Braun, Samsung, and Infinix.

Black Friday started in the US when customers noticed a surge in purchases in the day following Thanksgiving Day, so they allocated this day to offer big deals and discounts, making it the biggest shopping day of the year. With traders offering unprecedented discounts, Black Friday is a global event where the people worldwide chase the best deals and offers.

The post Jumia meets MCIT to discuss remarks on new e-commerce law appeared first on Daily News Egypt.

]]> 0
Coordination with telecoms, regulation companies necessary to take market-related decisions: Essam Wed, 31 Oct 2018 07:00:40 +0000 Parliament imposed an EGP 50 fee for buying a new mobile line, a monthly EGP 10 on mobile bills

The post Coordination with telecoms, regulation companies necessary to take market-related decisions: Essam appeared first on Daily News Egypt.

Opinions varied about withdrawing from imposing a development fee on mobile lines, after newspapers quoted government statements saying that studying the withdrawal option is taking place.

Ayman Essam, head of Vodafone Egypt’s Foreign and Legal Affairs Department, said that the Ministry of Finance must cooperate with companies working in the market, as well as the National Telecommunications Regulatory Authority (NTRA), in order to regulate communications, before taking a market decision.

He added in a statement in June: “We were surprised to hear the decision of the Ministry of Finance to impose a development fee of EGP 50 on new mobile lines without coordinating or conducting studies with mobile phone operators, all of which negatively impacted market sales. This also does not mean that it is acceptable to make a decision to withdraw from enforcing the decision without any coordination with the companies working in the market or the NTRA, because this all affects the market stability .”

Imposing the development fee has contributed towards reaching better control over the mobile line sales’ process, as sales declined, this helped ensure accurate registered data, whichs is an important issue as it involves national security, Essam believes.

He also called for coordination with companies before making any market-related decisions in order to avoid negative repercussions.

Parliament passed the amendments to the provisions of the law of resources development fees, including imposing a new fee for EGP 50 on buying a new mobile phone line, in addition to a monthly EGP 10 on mobile bills. Imposing the new fees began since the start of the current fiscal year (FY).

Telecom Egypt (TE) was the exceedingly harmed by the decision to impose the development fee, because it is the new provider of mobile services, and is still in the phase where it is attempting to expand.

For his part, a TE official said that the company suffered from the negative repercussions of the development fee imposed on mobile lines because TE is a new mobile operator, and what happened reduced the chances of growing their customer base. The Ministry of Finance’s decision to revoke that decision is a positive step, but more official steps are still expected in that direction.

Some newspapers have quoted government statements about the possibility to look into cancelling the fees imposed on new mobile lines, and the implementation of the decision started earlier this FY.

The mobile market in Egypt lost about 764,700 subscribers in June, compared to May 2018, reducing the number of subscribers from 96,400 in May to 95,400 in June.

According to the indicators from the Ministry of Communications and Information Technology, the three companies, Vodafone, Orange, and Etisalat have lost many customers this month.

Vodafone recorded the highest rate of customer loss among the three companies in June, losing about 345,800, with subscribers dropping from 42 million in May, to 41.7 million in June.

Orange lost about 225,600 customers in June, down from 31.3 million in May to 31.1 million in June.

As for Etisalat, it lost about 193,100 customers in June, making the number of its customers drop from 19.9 million in May 2018 to 19.7 million in June.

The Internet market lost about 1.6 million in June compared to May 2018.

For his part, Khaled Hegazy, the executive head of the Institutional Sector at Etisalat, said that imposing this fee on such an important service as the communications service is hard to understand. It is not a luxurious commodity, but a rather a basic service. Additionally, the development fee was imposed on government services offered by the state to citizens, so why are mobile line fees included in this law?

The new claw caused a significant increase in the price of mobile lines, as their prices reached nearly EGP 77, compared to only EGP 15 before the new development fee. This is expected to have a further negative effect on the sale of new lines.

The post Coordination with telecoms, regulation companies necessary to take market-related decisions: Essam appeared first on Daily News Egypt.

]]> 0
Suez Canal signs agreement with South Korea’s KT, GGTT to speed internet service to 1 GBps Tue, 30 Oct 2018 17:04:53 +0000 Partnership will help provide better internet services for all business sectors in area: Yassin

The post Suez Canal signs agreement with South Korea’s KT, GGTT to speed internet service to 1 GBps appeared first on Daily News Egypt.

Egypt’s Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) with KT Corporation, South Korea’s largest telecommunications service provider, and Giga Global for Telecom and Technology (GGTT) to install new technology system that will increase Internet speed in the area to 1 GBps. The two sides provided no details on the value nor the contract’s timeline.

KT’s chairperson and CEO Hwang Chang-Gyu and Mohab Mameesh, chairman of SCA, attended the signing ceremony held on Monday.

Chang-Gyu said that the partnership will not only improve Egypt’s information and communications technology (ICT) services, but also help KT expand its global presence. He added that the MoU is part of a large project to promote the ICT infrastructure of the Suez Canal.

Chairperson of GGTT Mohamed Roshdy said that this project will contribute towards transferring modern technology to Egypt, and increase its gross domestic product (GDP). He pointed out that a number of field tests have been conducted in the areas that require faster internet speed service.

CEO of GGTT Osama Yassin said that this partnership will help provide better internet services for all business sectors in the area.

South Korean ambassador to Egypt Yoon Yeocheol said that the new partnership will provide the Egyptian market with innovative ICT solutions.

This is the first agreement between the two countries since President Abdel Fattah Al-Sisi visited South Korea in March 2016 to promote cooperation between the two countries.

“Egypt is one of the largest countries in the Middle East in terms of using Internet services, and has a large number of users, mostly young people,” the ambassador said.

The post Suez Canal signs agreement with South Korea’s KT, GGTT to speed internet service to 1 GBps appeared first on Daily News Egypt.

]]> 0
Temenos, AUC Venture Lab and CIB cooperate to promote fintech in Egypt Thu, 25 Oct 2018 12:53:06 +0000 Technological solutions, applications will contribute to integration of parallel economy

The post Temenos, AUC Venture Lab and CIB cooperate to promote fintech in Egypt appeared first on Daily News Egypt.

Mohamed Farag, chief digital officer at CIB Egypt, said that the cooperation between the bank, AUC’s Venture Lab, and the Temenos Group contributes to the launch of innovative technological products for banking services that will help achieve financial inclusion.

Farag said that there are 60 million Egyptians eligible to deal with banks, but only 14 million of them have bank accounts, since banking activity started 125 years ago, leaving 46 million people relying on cash transactions only.

He believes that this is contrary to the vision of the state for GDP development, and therefore the parallel economy should be integrated into the formal economy to increase it.

Farag demonstrated the ability of technology to evolve. The electronic portfolio services over the last four years provided by banks has been able to attract 9.5 million customers, many of whom do not have bank accounts.

Over the last few years, the banking sector has witnessed substantial increases both in the operations and the facilities of the Central Bank of Egypt (CBE), or in the Presidency’s efforts to establish the National Payments Council, followed by the decisions of the Ministry of Finance to cancel government’s cash payments and launch the ‘Miza’ card.

Farag believes that the Temenos Group launch of the Marketplace platform for innovative ideas and fintech companies, will enable start-ups that provide innovative financial services to banks, will help banks to launch new products.

Marketplace aims to enable start-ups link their products and services to the banks’ technological systems.

Ayman Ismail, founder of the AUC’s Venture Lab, said that the agreement with the Temenos Group and the CIB aims to help start-ups reach the banking and financial sector, which will contribute to the growth of emerging companies, and provide them with strong growth opportunities.

This came during the conference held to announce the new cooperation between the AUC Venture Lab, the Temenos Group, and the CIB.

This alliance was strengthened in the Meet the Marketplace event held at the American University in Cairo.

The event provided an opportunity for companies specialising in financial technology, and members of the Temenos Marketplace to review the solutions they propose, and submit them to a number of Egyptian financial institutions. These specialised companies explained solutions that can accommodate the opportunities available, and face the challenges associated with the Egyptian market ,such as financial inclusion, literacy, digital participation, security, risk and compliance with the provisions of the law.

The post Temenos, AUC Venture Lab and CIB cooperate to promote fintech in Egypt appeared first on Daily News Egypt.

]]> 0
Nokia 6.1 Plus now available in Egypt Wed, 24 Oct 2018 10:30:50 +0000 It is unique in providing intelligent content creation features, smart story telling

The post Nokia 6.1 Plus now available in Egypt appeared first on Daily News Egypt.

Nokia 6.1 Plus, features, specifications

HMD, Nokia phones’ developer, announced the launch of its Nokia smartphone 6.1Plus in Egypt towards the end of last month. It is unique in providing intelligent content creation features and smart story telling. The screen is perfect for watching videos, chatting, and following news on social media websites. Thus, Nokia 6.1 Plus is unique in helping users share their stories. Nokia 6.1 is operated by Android One.


Nokia 6.1 Plus provides a good viewing experience with a large screen, and a larger smartphone design, thanks to its screen with an aspect ratio of 19:9.

It also provides full HD + experience in 5.8 inches to give a vibrant experience. The phone has curves covered with the Gorilla screen.


The phone is equipped with a Qualcomm Snapdragon ™ 636 processor, which is 40% faster than its predecessor, making the smartphone the best in terms of live streaming and online gaming.

The Nokia 6.1 Plus is also equipped with a fast charging USB Type C port.


The phone comes with a rear camera of 16MP- 5MP with dual sensors for high-quality rendering and accurate image details. It is also possible to enliven the images with the HDR feature.

Device Availability:

The Nokia 6.1 Plus comes in three colors: glossy black, glossy white, and bright blue. It is now available in Egypt with a price tag of EGP 4,999.

The post Nokia 6.1 Plus now available in Egypt appeared first on Daily News Egypt.

]]> 0
Jumia One offers 5% cash back on all airtime, mobile bills purchases Wed, 24 Oct 2018 10:00:57 +0000 Application is specialised in paying bills and credit recharging

The post Jumia One offers 5% cash back on all airtime, mobile bills purchases appeared first on Daily News Egypt.

As smartphone becomes an important part of our life, Jumia, an e-commerce company, launched the Jumia One – the first all-in-one application – that aims to facilitate bills payment and credit recharge via mobile by using trusted electronic methods.

Jumia is one of the first companies to support digital transformation system and financial inclusion to reduce depending on cash payment and transfer into a non-cash community.

The mobile app operates on all operation systems – Android and iOS – for free. As Jumia launched this new app to provide customers with a trusted payment method at reasonable prices, the services presented by the app include mobile credit recharge, mobile, electricity, gas, water, landline phone and internet bills payment, and donation.

Jumia’s CEO Hesham Safwat expressed his happiness for launching the new app in cooperation with its partners, stressing that the company gives the priority to its customers in facilitating access to various services from anywhere and at any time, especially electricity and water bills and mobile credit recharge in an easy and reliable method.

The new application users must submit their e-payment code in case of paying electricity, water and landline phone bills. As the app provides its customer with secure various payment methods, either by using a debit card or bank account.

One of the services that Jumia One provides is mobile credit recharge as you can use this service at any time and any place, this service is available for the different mobile networks: Vodafone, Orange, Etisalat and We.

If you used Jumia One to recharge your mobile credit, you will get 5% cash back. The cash back is also applicable to other services.

The app also offers online donation services as it provides simple donation methods to charity institutions, such as Misr EL Khier, 57357 Hospital, and Egyptian Food Bank.

The post Jumia One offers 5% cash back on all airtime, mobile bills purchases appeared first on Daily News Egypt.

]]> 0
Spectra Technology aims to supply 90,000 POS for banks, ministries, e-payment companies Wed, 24 Oct 2018 09:30:55 +0000 Interviews underway with electronic collection companies to agree on smart applications final form for banks’ electronic payment cards

The post Spectra Technology aims to supply 90,000 POS for banks, ministries, e-payment companies appeared first on Daily News Egypt.

Spectra Technology, which operates in the field of electronic payment, collection, and POS manufacturing, aims to supply about 90,000 POS for several banks, ministries, and e-payment companies in 2018/19, according to the company’s regional director for the Middle East and North Africa, Mostafa Morad.

Morad stressed that there is close cooperation with Egyptian companies working in the field of collection, and electronic payment and banks, in order to accelerate the financial inclusion initiative, adopted by the Central Bank of Egypt (CBE) and the government, to convert into a cashless community.

He added that the company coordinates with a number of electronic collection companies such as Bee and Khadamaty for the supply of machines and intelligent systems for electronic payment, which enhances the provision of the best services to citizens, and to maintain their rights and facilitate payments from anywhere through the company’s DRM system.

Furthermore, there is further coordination processes with the largest Egyptian banks to strengthen cooperation in the field of POS which support the Mezah national card, which the government aims to issue soon, according to Morad

He also indicated that interviews are underway with some electronic collection companies in order to agree on the final form of smart applications for electronic payment cards in banks.

The post Spectra Technology aims to supply 90,000 POS for banks, ministries, e-payment companies appeared first on Daily News Egypt.

]]> 0
BOGO plus discount coupons includes 170 brands Wed, 24 Oct 2018 09:00:54 +0000 We launched new service via WhatsApp, says company’s CEO

The post BOGO plus discount coupons includes 170 brands appeared first on Daily News Egypt.

The BOGO plus team is aiming at providing more useful solutions through a booklet that contains many coupons that allow the customer to buy a product and get another for free, with plans to include 200 brands, after having included 170 brands already.

Medhat Yassin, CEO of BOGO plus, said that customers’ demand for the BOGO plus booklet has doubled significantly during the current period compared to last year due to the large number of offers and discounts offered by the company to the customer, amid ongoing price hikes.

He explained that BOGO plus includes five categories: restaurants and cafes, toys for children, beauty and health, hotels and products, clothing and fashion. The booklet contains over 1,000 offers and will expire by the end of next year.

Yassin confirmed that the company agreed with 170 brands so far, including restaurants, cafeterias, taverns, clinics, etc., aiming to reach 200 brands next year.

The company also launched a WhatsApp service to allow clients to stay updated with all the offers on daily basis or through the company’s Facebook page, which is now being followed by 300,000 people.

Yassin said that a committee had been assigned by the company to find out all the details of the products, before entering the booklet to ensure the quality of products they provide to clients.

On the number of customers, he explained that BOGO plus has been able to spread significantly during the past four years, especially in the Greater Cairo governorates.

He explained that all governorates are covered in terms of tourist offers, available through the BOGO plus booklet.

BOGO plus was initiated in December 2012 and was founded Medhat Yassin.

The post BOGO plus discount coupons includes 170 brands appeared first on Daily News Egypt.

]]> 0
Accept begins its foreign expansion with Jordan Wed, 24 Oct 2018 08:30:13 +0000 Company believes Jordan is a promising market and has sustainable opportunities

The post Accept begins its foreign expansion with Jordan appeared first on Daily News Egypt.

Accept, a company specialising in the provision of smart solutions for digital payments, began its services in the Jordanian market in partnership with Middle East Payment Services (MEPS), which is based in Jordan and specialised in the field of electronic payment services.

The partnership aims to provide products and services covering the needs of small and medium enterprises in Jordan.

Accept believes Jordan is a promising market and has sustainable opportunities.

Shady El-Tohfa, CCO of Accept, said that many businesses fail to secure sales because they don’t support easy means of payment. In the digital age, it is important not only to digitise payments but also to ensure that the company provides all the market needs, El-Tohfa explained.

Accept has decided to continue expanding in the Middle East and North Africa, along with the Gulf states to enter new markets by the end of 2018.

Accept was founded in 2018 to provide smart solutions for payments to give the ability to traders to accept the various means of payment, which helps them in the development of their business.

The post Accept begins its foreign expansion with Jordan appeared first on Daily News Egypt.

]]> 0
57% increase in TE’s debts in H1 2018 Wed, 24 Oct 2018 08:00:19 +0000 EGP 8.3bn net debts of the company

The post 57% increase in TE’s debts in H1 2018 appeared first on Daily News Egypt.

The net debts of Telecom Egypt (TE) during the first half of this year were estimated to be EGP 8.3bn compared to EGP 4.7bn in the same period of 2017, marking an increase of 43.4%.

The liquidity of the company during the first half of this year reached EGP 925m compared to EGP 2.2bn during the comparison period of last year.

The retail revenues at the company from the sector of home consumers during the first half of this year grew by 45% compared to the same period last year, according to an official at TE, as the revenues of home and consumer sector reached EGP 3.7bn during the first half of 2018 compared to EGP 2.5bn during the comparison period in 2017.

As for the enterprise sector of TE, a weak growth of 2% took place during the first half of 2018 compared to the same period of 2017. According to the official, the revenues of the sector reached EGP 1.2bn during the first half of this year compared to EGP 1.1bn in the comparison period in 2017.

As for the wholesale revenues from the domestic sector, there was also a growth by 17% during the first half of 2018 compared to the same period last year, making revenues grow from EGP 1.6bn in 2017 to EGP 1.9bn during this year.

According to the figures of TE, the company managed to achieve operational growths estimated to have reached EGP 2.1bn during the first half of 2018, compared to EGP 1.9bn during the comparison period of last year with a growth of 11%.

The post 57% increase in TE’s debts in H1 2018 appeared first on Daily News Egypt.

]]> 0
ITIDA represents Egypt, partakes in 38th GITEX Technology Week Mon, 15 Oct 2018 19:57:28 +0000 32 local ICT companies to participate in week

The post ITIDA represents Egypt, partakes in 38th GITEX Technology Week appeared first on Daily News Egypt.

Egypt, represented by the Information Technology Industry Development Agency (ITIDA), has kick started its participation at the 38th GITEX Technology Week 2018, scheduled to take place from 14 to 18 October 2018 at the Dubai World Trade Centre in UAE.

The event will explore the latest trends, showcasing products and innovations from across the world. GITEX aims to bring together the most innovative, exciting, and ambitious tech giants and start-ups to exhibit products, innovative solutions, and ideas to an audience of thousands of visitors and hand-picked international investors.

ITIDA will also support the participation of 32 ICT local companies in two different pavilions around the GITEX venue aiming to create new partnerships opportunities, boost investments, expand their presence in the Gulf market, and promote Egypt’s potential. 

ITIDA has an ambition of building and championing a world-class IT industry that will play an increasingly important role in Egypt’s economic growth, as well as increasing the volume of its digital and IT services’ exports to $4bn by the end of this fiscal year, with a growth rate of 13.4%, compared with $3.25bn in 2017.

The Egyptian government capitalises on the vibrant ICT sector and aspires to increase its contribution to the country’s GDP from 3.1% to 5% within three years, particularly with the nationwide plan that drives all state sectors and ministries to digitalise.

According to ITIDA’s Export IT 2017programme, a state fund and cash rebate on ICT exports, the UAE comes on top of the Gulf countries in terms of importing and buying services of the Egyptian ICT companies, with 56%, followed by Saudi Arabia with 22%.

Maha Rasha, ITIDA acting CEO, said that the decision-makers in the UAE and the MENA region in general, show confidence in Egypt as a destination of choice for IT outsourcing services and technology innovations. She added that the Egyptian talent is very well recognised for its unique technical capabilities, where it also provides a highly qualified and multi-lingual skilled labour pool of workers at a competitive cost.

For the past years, GITEX has been offering a unique opportunity for Egypt and Egyptian companies to showcase their cutting-edge solutions and technologies, in order to penetrate one of the world’s fastest growing regions.

The post ITIDA represents Egypt, partakes in 38th GITEX Technology Week appeared first on Daily News Egypt.

]]> 0
Communications minister witnessed launch of ‘Developing Comprehensive, Creative Economies’ programme Mon, 15 Oct 2018 10:15:27 +0000 MCIT carrying out study with programme on cooperation aspects to use communication, information technology tools to contribute towards reaching an integrated creative economy

The post Communications minister witnessed launch of ‘Developing Comprehensive, Creative Economies’ programme appeared first on Daily News Egypt.

The Minister of Communications and Information Technology, Amr Talaat, said that digital technology has greatly contributed to developing the economy based on creative industries, which is witnessing growth across the globe. This makes investing in the fields of technological innovation and entrepreneurship a necessity in order to achieve sustainable development. Talaat noted that creative economy and reaching an inclusive society is one of the Egyptian government’s priorities to implement in its 2030 vision.

This came during his speech at the ceremony organised by the British Council to launch the programme of ‘Developing Comprehensive and Creative Economies’, within the framework of reinforcing the partnership between Egypt and Britain, and supporting the creative economy in Egypt. This took place in the presence of Alistair Burt, the British Minister of State for the Middle East and North Africa, in addition to Sir Geoffrey Adams, Britain’s Ambassador in Egypt, as well as Elizabeth White, the director of the British Council in Egypt, as well as several representatives from government bodies, local agencies and organisations.

In his speech, Talaat noted that the ministry is contributing towards achieving Egypt’s 2030 vision through several projects which include encouraging young people to innovate and create, as well as develop their skills and spread the entrepreneurship culture with the protection of intellectual property, in addition to implementing several programmes to adapt technology in order to merge and empower several segments of the society, including distance treatment, technological development of societal schools, building young people’s abilities in rural and underprivileged areas, and providing technological accessibility for persons with disabilities.

The Ministry of Communications and Information Technology (MCIT) is working to increase the ability of persons with disabilities to enter the labour market through highly accessible training programmes in the field of communications and information technology, aiming to provide decent and diverse employment opportunities which guarantee their freedom of choice and independence in performance through an integrated work environment. It also supports youth innovation in the development of assisting technologies, to enable disabled people to become integrated and active members of their community.

Noteworthy, creative economy provides promising opportunities to entrepreneurs in various fields, especially young people, women and marginalised groups in society. Within that framework, the ministry is carrying out a study of the cooperation aspects with the British government and the British council through this programme to use the tools of communications and information technology to contribute towards reaching an integrated creative economy.   

The post Communications minister witnessed launch of ‘Developing Comprehensive, Creative Economies’ programme appeared first on Daily News Egypt.

]]> 0
Mobile subscribers in Egypt down 3.4%, mobile internet users up 4.2% in Q2 2018 Mon, 15 Oct 2018 10:00:12 +0000 Internet market added 3 million new consumers in Q2, number of internet users reached 42 million in Q2 compared to 39 million in Q1

The post Mobile subscribers in Egypt down 3.4%, mobile internet users up 4.2% in Q2 2018 appeared first on Daily News Egypt.

The number of mobile subscribers in Egypt decreased in the second quarter (Q2) of this year by 3.4% compared to Q1 (q-o-q).

According to a report issued by the Ministry of Communications and Information Technology (MCIT), the number of mobile subscribers in Egypt declined from 99.1 million in Q1 to 95.7 million in Q2 of 2018, a decrease of 3.4 million consumers.

The report added that the penetration rate of mobile services compared to the population has decreased from 108.8% in Q1 to 104.6% in Q2 of this year.

Meanwhile, the number of landline subscribers increased by 2.26% to register 7.4 million subscribers in Q2, up from 7.2% in Q1 of 2018.

The report showed that the internet market added 3 million new consumers in Q2, where the number of internet users reached 42 million in Q2 compared to 39 million in Q1.

The number of mobile phone internet users also increased by 4.2% in Q2 to grow from 31.4 million users in Q1 to 32.8 million.

The number of USB modem internet users increased by 3.4% in Q2 to 3.4 million from 2.1 million in Q1.

The number of high-speed ADSL users increased by 5.2% to reach 5.8 million in Q2 against 5.5 million in Q1 of this year.

The post Mobile subscribers in Egypt down 3.4%, mobile internet users up 4.2% in Q2 2018 appeared first on Daily News Egypt.

]]> 0
Network International banks integrate Egypt’s Meeza payment scheme Sat, 13 Oct 2018 20:21:40 +0000 NI partner banks among first acquiring banks in Egypt to integrate national payments scheme

The post Network International banks integrate Egypt’s Meeza payment scheme appeared first on Daily News Egypt.

Network International (NI) Egypt, a leader in payments solutions in Africa, announced today that the banks with which the company partners are now fully integrated and certified to process transactions under Meeza, the new Egyptian national payments scheme.

The latest development complements NI’s ongoing efforts to support the Central Bank of Egypt’s (CBE) initiatives to reduce dependence on cash, and advance the local payments infrastructure.

Meeza is the national debit card that the CBE is rolling out before the end of the year, as part of its push towards financial inclusion, and a cashless society.

A CBE official informed last month through press statements that pensioners would be among the first to access state benefits through the cards, which would also be used to electronically deliver payments to civil servants, and subsidy recipients.

For his part, Hany Fekry, managing director of NI Egypt explained that being among the first to integrate with the national payment scheme reinforces NI’s collective efforts to streamline operations, improve profitability for its customers, and support the government’s initiatives to boost electronic payments in the country.

“Our commitment to Egypt, the Middle East, and Africa to provide entrepreneurs, corporations and government bodies with intuitive, secure, and smart payment solutions is central to our work at Network International,” Fekry assured.

Meanwhile, Rafik El Raheb, chief information officer of NI Africa, stated that businesses in the region need increasingly sophisticated solutions that are versatile.

“With the technology-led focus of Network International, we plan and design solutions that our customers need, and we make them a reality,” he indicated.

“The latest cloud technology and data centre facilities, automated resource allocation, scalable IT and network capacity is what we offer, as well as a wealth of knowledge and experience gained throughout Africa, the Middle East, and beyond,” El Raheb concluded.

The post Network International banks integrate Egypt’s Meeza payment scheme appeared first on Daily News Egypt.

]]> 0
Samsung starts delivering new tablet shipment to Egyptian government Thu, 11 Oct 2018 09:00:58 +0000 Devices have Knox MDM software to secure data, manage content

The post Samsung starts delivering new tablet shipment to Egyptian government appeared first on Daily News Egypt.

In one of Samsung’s largest tablet deals, in terms of the volume of sales worldwide, Samsung Electronics – Egypt has started delivering the shipments of its new tablets to the Egyptian government, according to the agreement signed with the Ministry of Education.

Under the agreement, Samsung would provide 708 smart tablets, to be distributed to the first secondary year students across Egypt, during the school year 2018/19.

The number of tablets to be provided covers the total number of students at government schools, as well as teachers who would be supervising the students’ use of the tablets.

Samsung was chosen as the supplier of these tablets, after the government announced a public tender among several technological companies working in the field. After several companies met the conditions of the tender, the armed forces carried out a comprehensive evaluation and reviewed the offers made, in order to guarantee the highest quality level, and determined the extent to which the technical specifications of the devices met the ministry’s requirements.

“The Egyptian Ministry choosing us as a trusted partner shows the high quality of our innovative products upon which users rely everywhere. The tablet the ministry chose comes with developed technical specifications, and is deemed the perfect choice for education,” said Samsun’s Chairman in Egypt, Jihyun Lee.

Noteworthy, the new tablet devices come with a three-year warranty, supported by Samsung’s customers service network, which is available across Egypt.

The new devices are also supported with Knox MDM software to secure the data stored on the tablet, and facilitate managing its content, which would give the Ministry of Education full control over the devices to be given soon.

Hossam El Kashef, head of Corporate Business at Samsung Egypt, said that in Samsung, there is reliance on the most developed technological applications, to create products that offer an exceptional experience for all users.

The post Samsung starts delivering new tablet shipment to Egyptian government appeared first on Daily News Egypt.

]]> 0
Vodafone leads mobile operators’ losses, with 345,800 clients lost in June Thu, 11 Oct 2018 08:30:30 +0000 Number of modem devices remained stable at 3.48m, number of landline users increased by 1.5%

The post Vodafone leads mobile operators’ losses, with 345,800 clients lost in June appeared first on Daily News Egypt.

The mobile market in Egypt lost some 764,700 clients in June over May 2018, falling from 96.4 million in May to 95.4 million in June.

According to indicators revealed by the Ministry of Communications and Information Technology, the three companies Vodafone, Orange, and Etisalat lost many clients that month.

Vodafone recorded the highest rate of customer loss among the three companies in June, as the company lost 345,800 clients, falling from 42 million in May to 41.7 million in June.

On the other hand, Orange Egypt lost about 225,600 clients in June, where its customer base declined from 31.3 million in May to 31.1 million in June.

Meanwhile, Etisalat lost 193,100 customers, falling from 19.9 million in May to 19.7 million in June.

On the contrary, the internet market also gained 1.6 million clients in June over May, with a 4.7% growth in internet mobile users witnessed in June, increasing from 31.3 million in May to 32.8 million.

The number of mobile internet users accounted for 34.4% of total internet users, rising by 1.8% from May.

Moreover, the number of USB modem devices remained stable at 3.48m, while the number of landline users increased by 1.5% reaching 5.83 million in June up from 5.73 million in May.

The post Vodafone leads mobile operators’ losses, with 345,800 clients lost in June appeared first on Daily News Egypt.

]]> 0
Samsung acquires largest market share of mobile sales in Egypt in September 2018 Wed, 10 Oct 2018 11:00:39 +0000 Huawei continues to march towards top with 17.3% share 

The post Samsung acquires largest market share of mobile sales in Egypt in September 2018 appeared first on Daily News Egypt.

Samsung continued to top the mobile market sales in Egypt in September. According to a StatCounter report on the market, Samsung accounted for 35.9% of the market sales, falling slightly from 36.2% in August.

According to the report, Huawei continued its slow advance towards the forefront, as its market share grew by 1% in September compared to August. Huawei’s share rose from 16.3% to 17.3% in September, ranking second, in terms of mobile phone sales in Egypt.

Apple ranked in the third place, with a market share of 10.4%, falling slightly from 10.7% in August.

Infinix ranked fourth on the list, with a market share of 7.3% at the end of September, compared to 7.1% in August.

Lenovo ranked fifth, after acquiring 6.5% of sales in September, compared to 6.1% in August.

In sixth place, Oppo dominated 4.7% of the market share in September, up from 4.4% in August.

HTC followed in the seventh place, with a market share of 2.6% in September, moving up from 2.5% in August.

TECNO Mobile came in eighth place, with a market share of 2.3% in September, down from 2.4% in August.

Sony ranked ninth on the list, with a market share of 1.6% in September, tailing the list of market shares.

The post Samsung acquires largest market share of mobile sales in Egypt in September 2018 appeared first on Daily News Egypt.

]]> 0
Azure Stack eliminates challenges facing data centre industry Wed, 10 Oct 2018 10:30:56 +0000 New technology overcomes problem of information sovereignty: El Salmy

The post Azure Stack eliminates challenges facing data centre industry appeared first on Daily News Egypt.

Microsoft Egypt Cloud Business Group Lead, Ahmed El Salmy, said that Azure Stack solutions for data hosting, has many competitive advantages over cloud computing, and other data hosting services.

He told Daily News Egypt that Azure Stack is different from  traditional cloud computing services, as it could be used to benefit from the apps available on it, without internet connection, which is a good solution for the apps that want to keep their data separate from internet, or in geographical locations where internet connection is difficult to establish.

Azure Stack is suitable for many government institutions in Egypt that wish to keep their data within the country, and it is also suitable for critical sectors in terms of security, he added.

El Salmy believes there is a strong chance for the growth of the cloud computing market in Egypt, as the Egyptian government aims to compete with global developments, and digital transformation. Cloud computing is one of the tools needed to achieve such digitalisation.

“We will provide our own Azure Stack solutions through Link Data Centre, which is one of our distinguished partners in the Egyptian market,” he said.

As for the challenges, previously they revolved especially in the information sovereignty of some critical industries and government entities, however they were overcome through Azure Stack.

Link Datacenter and Microsoft Egypt have launched Azure Stack services, which placed Link Datacenter as the first provider of Azure Stack cloud computing services.

Link Datacenter is a Gold business partner certified by Microsoft Egypt. It offers a variety of data-hosting solutions through Azure Cloud services and its data centres, as well as data management, across a range of technological fields. Cooperation with Link Datacenter includes information security, as well as infrastructure and software availability. These services are provided by regional data centres in three different locations, which are characterised by international technical specifications which meet customer demands.

Azure Stack is the latest cloud computing innovation from Microsoft, where it enhances Azure’s cloud computing services. The hosting is not only limited to a geographical location, thus allowing organisations to overcome the constraints set by the regulatory policies, data sovereignty policies, or time-access problems. Azure Stack can also be easily connected to Azure Cloud to integrate cloud data and applications.

The post Azure Stack eliminates challenges facing data centre industry appeared first on Daily News Egypt.

]]> 0
Huawei fights dirty to raise ‘Nova 3i’ sales Wed, 10 Oct 2018 10:00:14 +0000 Company said it prefers if customers provide video saying they decided to switch to Nova 3i instead of F9

The post Huawei fights dirty to raise ‘Nova 3i’ sales appeared first on Daily News Egypt.

The smartphone market in Egypt is witnessing fierce competition among 21 various smartphone manufacturers. Almost all of them are Chinese, except Samsung and LG which are from Korea, Lava from India, and America’s Apple.

The competition has recently taken another turn between Oppo and Huawei. The latter has decided to bribe traders to push consumers to buy Nova 3i, instead of the Oppo F9, as each transaction would be awarded by the company.

At the end of August, Huawei launched Nova 3 and Nova 3i, while Oppo launched F9 mid-September. The two are considered the latest addition to the Egyptian smartphone market.

According to an incentives’ list distributed by Huawei among traders which was obtained by Daily News Egypt, Huawei has urged traders to convince consumers seeking Oppo F9, to buy the Nova 3i instead.

The document has set the incentives at EGP 200 for each store of 10 employees, EGP 100 for a store of 20 employees, and EGP 50 for stores of 50 employees.

Huawei has stipulated several conditions for sellers to obtain this incentive, namely, providing the names of clients and their phone numbers. The company specifically said it would prefer if the customers could provide their Oppo F9 reservation card, or a video saying they have decided to switch to Nova 3i instead of the F9.

The Oppo F9 has several new features, including super-fast charging equipped with five safety features. The phone’s charging kit is equipped with voltage measure and VOOC Identification. Through these features, the risk factor has dropped to 1 in a billion, instead of 1 in a million.

Moreover, the F9 has a 3,500 mAh battery supported by AI battery management. This system keeps the battery working longer, by learning the user’s usage patterns and habits over time. The system automatically closes inactive applications to save power, or put it at a lower state of consumption. The battery, hence, would last longer.

The F9 comes with a 6.3-inch, 1080×2340 pixels display, and 19:5:9 aspect ratio.

On the other hand, the Nova 3i comes with an AI camera system. It is available in a new design, and new colours. The display accounts for 82.2% of the phone’s size.

The post Huawei fights dirty to raise ‘Nova 3i’ sales appeared first on Daily News Egypt.

]]> 0
TE secures EGP 22bn worth revenues from long-term contracts with mobile operators Wed, 10 Oct 2018 09:30:53 +0000 Capacity sales’ revenues grew in H1 2018

The post TE secures EGP 22bn worth revenues from long-term contracts with mobile operators appeared first on Daily News Egypt.

Telecom Egypt (TE) has secured high revenues of more than EGP 22bn until 2022, according to an official from TE.

TE renewed a wholesale agreement with Vodafone Egypt to provide transmission services until the end of 2020. This agreement guarantees revenue of EGP 2.37bn for TE over its tenure. Vodafone also renewed its International Services for EGP 12bn until the end of 2022.

Similarly, TE renewed its transmission services agreement with Orange to 2021, for EGP 1.5bn. It renewed the international services agreement as well, until 2022 for EGP 4bn.

Moreover, TE and Etisalat Misr, renewed the EGP 3bn transmission services agreement worth EGP 3bn.

Through these agreements, TE aims to boost its wholesale revenue stream by monetising its infrastructure investments, and securing long-term agreements with domestic mobile operators.

According to a previous report by the ministry, the cable revenue contributed to 9% of TE’s total consolidated revenues in 2017.

Revenue from this business is divided into 3 sub-segments: Cable projects, where revenue generated from new cables crossing Egypt and the sale of fibre pairs on cables owned. The second subsegment is ancillary services (O & M), where annual fees are charged by TE for the operation and maintenance of cables crossing Egypt. The third subsegment is capacity sales. In this source, TE sells capacities on the cables, in which they participate in a consortium or by owning them, to other carries.

Cable system revenue contribution is categorised as recurring and non-recurring contracts, where some are contracted under leased capacities, and some are contracted under the indefeasible right of use for the cable’s lifetime.

During the first half (H1) of 2018, capacity sales revenues reached EGP 451m, up from EGP 382m.

Revenues from ancillary services (O & M) also increased from EGP 146m to EGP 178m, while cable projects declined from EGP 59m to EGP 46m.

The source told Daily News Egypt that TE accounted for 79.3% of the ADSL market in Egypt, the largest share H1 of 2018, estimated at 4.6 million subscribers, out of total 5.8 million. The other four internet service providers are: Vodafone, Orange, Etisalat, and Noor, which have 1.2 million subscribers.

According to the official, the ADSL services lead the data transmission revenues of TE, reaching EGP 3.2bn, out of EGP 4.9bn worth of revenues, from data transmission in H1 of this year. This is higher than EGP 2.3bn worth of revenues achieved last year.

Meanwhile, landline services revenues amounted to EGP 1.5bn in H1 of this year, compared to EGP 1.2bn in the same period last year.

According to TE statistics, the ratio of landlines to households reached 30.8%, whilst it is 24.2% for ADSL services.

As for the mobile market, which TE has recently entered, the company has attracted 3.3 million users at the end of H1 of 2018, up from 2.9 million in the first quarter of 2018.

According to TE, Vodafone has 41.4 million users, leading the mobile market, followed by Etisalat with 31.6 million users, then Orange with 31.1 million.

According to TE, the ratio of landlines services to population reached 105%, while data transmission ratio reached 37%.

The post TE secures EGP 22bn worth revenues from long-term contracts with mobile operators appeared first on Daily News Egypt.

]]> 0
The Rise of Artificial Intelligence part 1:The New Power Within Reach Thu, 04 Oct 2018 15:50:51 +0000 Each daily minute, 3.9m Google searches, 4.3m YouTube videos,13m text messages, 2.1m snaps, 1 million passengers on aeroplanes, $ 330,000 Amazon sales, 73,249 online retail transactions, 750,000 songs streamed, 49,380 Instagram photos, 159m emails sent 

The post The Rise of Artificial Intelligence part 1:The New Power Within Reach appeared first on Daily News Egypt.

From truck drivers to lawyers, security guards to chief executive officers, web-marketing to neuroscience, artificial intelligence (AI) is coming to change people’s lives, major professions, and industries. It is happening, and is scaling up every day. Designing and developing AI solutions is becoming increasingly affordable, and it is not limited to any location, business discipline, or patented technology.

The ability to get actively engaged in the field of AI simply comes down to the fundamental capabilities that any established society, business, or group have access to; human intelligence, knowledge, and ability to make sense of available data. This might seem to be an oversimplified statement, but this is the reality that every individual engaged in a discipline affected or likely to be affected by AI should realise. However, this article is not intended to advocate the school of thought which warns that robots will take over the world, or that interest groups that think AI are a threat which will drive people out of their jobs. It is rather an attempt to put the topic into a reasonably realistic context, away from the hypes driven by some of the colloquial noises surrounding the topic.

This 10-part article also attempts to map out the topic in a simplified manner, and tackles the fundamentals of some issues that impact our daily life, or come to our news platforms, with respect to AI. It also encourages readers and professionals interested in the field to think of possible ways to take an active role in the field of AI, rather than wait for the winds of change to come. In other words, how do we start thinking of AI when dealing with business challenges and opportunities that we encounter every day?

The New Electricity?

Running a cooling system or a factory is impossible without electric power. By analogy, developing an AI-powered solution is nearly impossible without data. We are living in the age of the internet and big data. The world exchanges 2.5 quintillion bytes of data created daily (according to IBM data insights).  It might be helpful here to give the reader a sense of what this number means in terms of statistics. Each minute of the day, 3.9m Google searches are conducted, 4.3m YouTube videos are watched, 13m text messages are sent, 2.1m snaps are shared by Snapchat users, 1 million people are passengers on aeroplanes, $ 330,000 are spent on Amazon sales, 73,249 online retail transactions are made, 750,000 songs are streamed on Spotify, 49,380 photos are posted on Instagram, and 159m emails are sent around the world. 

The term AI was not invented recently and dates back to 1956 when it was first used by John McCarthy during a conference held about the subject. However, AI has made breakthroughs in many fields only over the recent years and is ongoing. Such AI significant advancement is due to two main factors.

First is the increasing quality and size of available big data. Second is that the computational power of processing and storing data have dramatically increased and have become extremely powerful. In addition to these two factors, algorithmic operations (we will talk about these later in detail) which are the key driving forces behind AI solutions have significantly improved.

In the past, success and accuracy rates of algorithmic operations on available data were running low due to limited computational powers. Now with increasing computational powers, AI algorithms’ performance is delivered with higher success, and efficiency rates.

Increasing the availability of data and computer powers helped the creation of very successful AI-powered solutions in many industries, and professions. AI has been recently described as the ‘new electricity’ by Professor Andrew NG, one of the leading AI scientists and the co-founder of Coursera (the popular open education platform).

In his analogy, he explained that a hundred years ago, when electricity first developed, it transformed many major industries. Nowadays, AI is forging the same impact, as it is transforming several major industries. It is very hard to imagine any significant industry immune from the influence of AI.

While the analogy seems to be perfectly vivid in our minds, I personally believe that big data is the new electricity and not AI. Without big data, which is now available in many different forms (as explained earlier), AI’s impact would have been limited. For example, some of Google’s outstanding AI achievements in deep-learning related projects (such as Google image recognition and Google translation) would not have become so successful without the billions of files, pictures, and videos available on Google’s platforms.

Likewise, Siri (Apple’s voice-controlled personal assistant) has significantly improved because of the gigantic size of audio files available for processing using AI’s algorithms.

The robot Sophia, that has been recently introduced in many conferences giving logical answers to many basic questions, is powered with a cloud-based search platform, which helps the robot find the right answer to the question asked. These are just a few examples out of a myriad more. Imagine if today, all these applications are no longer updated with new data.

Most (if not all) of the sophisticated AI-powered applications cannot efficiently perform and evolve without continuing analysis of an update with new data. If new data is no longer available, an efficiency gap would exist between the evolving data, and AI performance.

This gap is likely to lead to decreasing efficiency of AI solutions over time, or cause the AI’s performance to become static at some point. Tackling the point from a different angle, the big data which AI needs to accelerate is mainly the work product of human intelligence. Therefore, simply put, AI evolves and become better as long as our human intelligence continues to feed it. Human intelligence also needs AI to become smarter and more efficient.

Therefore, the interface between human intelligence and artificial intelligence is a cycle that should contribute to a better future of humanity, if used properly.

Next Part: Meaning and Branches of AI.

Hani Abderasoul

CEO and Chief of Legal Analytics at Brightiom, California.

The post The Rise of Artificial Intelligence part 1:The New Power Within Reach appeared first on Daily News Egypt.

]]> 0
MENA’s 1st e-commerce summit focuses on latest industry trends, innovations, future technologies Tue, 02 Oct 2018 19:52:30 +0000 Summit invited 2,500 industrial, commercial, financial, service sector leaders, as well as IT experts

The post MENA’s 1st e-commerce summit focuses on latest industry trends, innovations, future technologies appeared first on Daily News Egypt.

Egypt successfully hosted the first e-commerce summit in the Middle East to deliberate on the future of the business landscape in the region.

The event’s organiser is leading tech agency, Robusta, targeting retail groups, corporates in different sectors, industries, brands, and supporting and complementary functions ranging from payments and logistics to branding and advertising.

The Minister of Communications and Information Technology Amr Talaat delivered a speech at the closing session of the summit which included 13 panel discussions and 21 one-on-one sessions.

The event was attended by over 80 speakers from more than 15 different industrial sectors, in the presence of over 2,500 international participants and market leaders.

The summit discussed the Egyptian market’s potential to become one of the leading markets in the field of e-commerce. Local statistics show that the number of Internet users in Egypt reached 39.6 million in April, amid rapid growth of mobile phone users, leading to an increase in e-commerce platforms.

The summit additionally addressed the future trends of e-commerce in Egypt and its impact on international markets, focusing on business transactions over the Internet. Since the launch of Amazon Business in 2015, the market has been constantly evolving, attracting more than 1 million customers, according to Forbes.

Studies refer that 42% of B2B online customers are millennials, which pushes for creating more payment solutions.

Robusta’s Managing Director, Hussein Mohieldin, commented on the launch of the event stating, “the e-commerce summit is a starting point for the Egyptian market for development through digital transformation.” He added, “this event has received significant support from retail market leaders in an attempt to develop e-commerce. We hope this summit becomes an annual destination for retailers to explore e-commerce solutions, the latest trends, and innovations and future technologies transforming the retail market in the MENA region.”

Mohieldin pointed out that the summit’s objectives come in line with the Egyptian government’s strategies embodied in the efforts of the Ministry of Communication to support digitisation and e-commerce. He praised the recent government initiatives which boosted this endeavour, such as the e-commerce strategy, where it cooperated with the United Nations Conference on Trade and Development and a number of international organisations.

The Egyptian government also developed the institutional framework which helps to improve the business environment, as well as conducting some legislative amendments, such as consumer protection, e-crime, and data protection laws. The summit participants noted that the companies that digitised their operations recorded a 26% increase in profits.

They added that only 58% of companies that adopted digitisation and e-commerce strategies, have online transactions.

The summit also included the Robusta Start-up Challenge, organised by Falak, a start-up accelerator designed to support Egyptian entrepreneurs. The challenge witnessed the participation of 10 companies which presented 10 promising ideas. The winning company was “Kiliim,” which received a $10,000 prize to finance their idea.

The post MENA’s 1st e-commerce summit focuses on latest industry trends, innovations, future technologies appeared first on Daily News Egypt.

]]> 0
How digital learning can improve education Tue, 02 Oct 2018 19:48:13 +0000 Investment in digital learning has grown to over $22bn between 2015-2017, as per Metaari report

The post How digital learning can improve education appeared first on Daily News Egypt.

Advanced technology contributes to creativity and innovation, and positively affects productivity in many sectors. In the past few years, the education sector has become one of the most areas that benefit from the continuous development of technology

A report by Metaari— a commercial analysis firm that tracks advanced learning technology—revealed that investment in digital learning has grown to over $22bn between 2015 and 2017. This rapid growth is driven by the high demand for digital technology in the different stages of education, from primary to university.

With this dramatic growth, digital learning will undoubtedly by the future of education. Patfort’s weekly report highlighted the innovation that digital learning brings to the education sector in general, and in the Middle East and North Africa region specifically.

Digital learning aims to achieve two goals: improving the education base, and enabling schools to provide better education to students in all stages.

According to Patfort, digital learning investment in the region is still lower than the global average. International digital learning institutions have raised $9.52bn investments in 2017, including $397.6m in India and more than $1.77bn in China. While the three digital learning start-ups operating in the Middle East received only $1.26m.

With the rapid growth of the number of students and global interest in education, the Middle East governments should start to pay more attention to emerging digital learning companies, and identify the educational environment provided in their countries.

Open-Ended Learning in The Classroom

Imagine a science teacher working through a lesson with students. In the traditional classroom-setting resources would be limited to textbooks, teachers, and if the students were lucky some basic multimedia. Today, with tools such as SMART Boards, and personal devices (laptops/ tablets), the students have virtually limitless resources, and a wide range of ways to consume them. In this scenario students can explore the lesson in their own ways, while the teacher works to highlight key topics, and answer questions as they come up.

Physical Presence Isn’t a Requirement

Digital learning has also opened a new way of learning for students who are unable to physically attend a traditional classroom. Video conferencing technologies allow someone at home to be equally as interactive during a lesson as someone who is present in the class.

Information Access and Searchability

Before digital learning really took off, if you needed to find a piece of information it would take considerable time and effort to find what you are looking for. Now search engines give the ability to search documents for key phrases, thus both students and teachers have access to unprecedented information, allowing them to access the information they need at the exact moment they need it.

Students Can Progress at Their Own Pace

Education is not a one-size-fits-all product, and in every classroom, there are some students who grasp concepts slower than others. Digital learning allows these students to retain access to the resources they need long after the class has moved on to new topics, meaning they can continue to practice and progress at their own pace.

The post How digital learning can improve education appeared first on Daily News Egypt.

]]> 0
Oppo plans to enter Saudi market next November Tue, 02 Oct 2018 19:44:24 +0000 Company is now operating in 33 countries, plans to increase scope of operation, obtain more market share

The post Oppo plans to enter Saudi market next November appeared first on Daily News Egypt.

Oppo is preparing to enter the Saudi market in November, announced the company, adding that it had started the implementation of its expansion plan early this year, and that it entered the European market in June.

The company is now operating in 33 countries, and plans to increase the scope of its operation, as well as obtain more market share.

Oppo also declared it is looking for an area near Tahrir Square in downtown Cairo to establish a new service centre, in addition to the current 10 Oppo service centres already operating in the country.

The company is seeking to open new centres in the coming period, especially outside Cairo,

as part of Oppo’s plan to cover the governorates with a high population density.

According to the company’s public relations office, the company is now in third place in terms of mobile phone sales in Egypt, through 5,000 points of sale, spread throughout the country.

The post Oppo plans to enter Saudi market next November appeared first on Daily News Egypt.

]]> 0