Egypt's broadband market worth LE310 bn by 2030. The Egyptian government estimates that the productivity gain to 2030 driven by an unconstrained mobile broadband market is worth around LE310 billion in net present value, according to a report issued by GSM Association (GSMA) on Saturday.
The GSMA report, dubbed "The Economic and Social Impact of Mobile Broadband in Egypt", said that "this growth in GDP would be able to support the creation of up to 1.2 million jobs across the economy by 2030. " "The potential benefits form mobile broadband market are very large," the report added But, the report explained that "to fully realize the Egyptian government's potential benefits of broadband, one must focus its policies on ensuring that mobile broadband supply is not constrained. " However, these benefits will not be realized unless the government acts now to enable the mobile broadband industry to grow with demand, the report added.
Egypt plans five tech parks worth $2.8bn. Published on 11 September 2014 By Simnikiwe Mzekandaba North African nation Egypt plans to build five technology parks valued at $2.8 billion across the country.
According to reports, Egypt's Ministry of Communications and Information Technology (MCIT) plans to tender the five projects. The technology parks are expected to be located in Assiut, Bani Suef in Upper Egypt, and Alexandria and Menoufiya in the North Delta. MCIT minister Atef Helmy told newspapers that the projects are expected to be completed by 2020. 014 Appendix 6.pdf. Ismaillia Technology Valley project - Egypt - Confederation of Industry of the Czech Republic. In the light of the interest of the Egyptian government to promote mega projects among its vital economic and industrial partners, the Egyptian government started campaining for the Ismaillia Technology Valley project on an international level.
The project is to be established in the City of Ismailia -10 km from the Suez Canal- and highly connected to an infrastructure network and roads. The planned area of the project is 16500 feddan, with phase one planned on the area of 3030 feddan. The project is aiming the following approved specializations: 1- Renewable energy. مشروع وادى التكنولوجيا الذي سيجعل مصر كسنغافورة Drop in mobile phone users. Recent statistics released by the Ministry of Communications and Information Technology showed that the amount of users registered on Egypt’s local service provider networks decreased by 600,000 in January, from 96.7 million to 96.1 million.
(AFP Photo) Recent statistics released by the Ministry of Communications and Information Technology showed that the amount of users registered on Egypt’s local service provider networks decreased by 600,000 in January, from 96.7 million to 96.1 million. Vodafone, the largest of Egypt’s three service providers, saw their number of users decrease by 300,000, from 39.7 million to 39.4 million during this period. YouTube Partner Programme expands to Egypt. The YouTube Partner Programme was previously used by some Egyptian productions such as Bassem Youssef’s “ElBernameg” (Photo Courtesy of Bassem Youssef’s official Facebook page) YouTube has announced the expansion of its Partner Programme to include Egypt, Saudi Arabia and the United Arab Emirates (UAE) in a press conference on Sunday Users in these countries will now be able to generate revenue depending on the number of views their uploaded videos receive.
The YouTube Partner Programme “provides creators with resources and opportunities to improve skills, build fan bases, and earn more money”, according to YouTube’s website. Partners will “join a global community that includes musicians, filmmakers, comedians, athletes, and more”. Ericsson ranks Cairo among top cities for ICT-Driven benefit creation. The report lists some of the positive effects that ICT has on innovation and entrepreneurship.
Firstly, ICT leads to an increased number of entrepreneurial opportunities. For example, it enables new product innovations such as music and video streaming, e-commerce and cloud services. Secondly, ICT improves access to markets - for example, by enabling entrepreneurs and specialized niche firms to reach larger geographical markets. Thirdly, ICT reduces the cost of transactions between firms - for example, by minimizing the need to be located geographically close to suppliers, partners and customers. "This report builds on our previous Networked Society City Index reports to examine how ICT can benefit a city and its citizens from an economic, social and environmental perspective," said Anders Lindblad, President, Ericsson Region Middle East and North Africa.
Zeitgeist 2012 – Google. 2012 was a year of big moments, from global games to historical elections and everything in between. With this site, we've analyzed over one trillion queries to showcase what the world searched for. How We Did This We studied an aggregation of over one trillion searches (or queries) that people typed into Google Search this year. We used data from multiple sources, including Google Trends and internal data tools. We filtered out spam and repeat queries to build lists that best reflect the spirit of 2012.
Jumia plans to take Egypt's e-commerce by storm. Co-Founder of online shop Jumia Egypt Sherif Makhlouf: “We have what it takes to make it in Egypt.” Being the latest e-commerce project in Egypt, Jumia is one of Rocket Internet’s successful business models, which the German online investment giant implemented in 40 emerging markets until now. In about 3 months, Jumia Egypt shall prove itself as the top e-commerce project in the country, after it has already received an investment by J.P. Morgan Asset Management. The online store sells everything, from technology over fashion items and offers two payment methods: online credit card payment or on delivery. Egyptian economy gets EGP15.6 billion off the internet. Boston Consulting Group and Google launched a report on how the internet affects the Egyptian economy. Google and The Boston Consulting Group (BCG) presented a new study entitled “Egypt at a Crossroads: How the Internet is Transforming Egypt’s Economy”.
The independent report was prepared by The Boston Consulting Group after being commissioned by Google in an attempt to describe and quantify the way the Internet is affecting the Egyptian economy. The report highlights the benefits and key success factors for Egypt’s future economic growth. “With the largest population of Internet users in the MENA region – 31 million as of July 2012 –The Internet’s immense potential to contribute to the development of society and the economy is something that can no longer be ignored,” said Wael Fakharany, Regional Manager Google Egypt and North Africa. Combined ITO-BPO Value Prop January 2012 - Analysts Visit.pdf (application/pdf Object) Smartphone sales in Egypt expected to nearly double by 2016, finds Pyramid.
Due to investments in 3G networks, smartphone sales in Egypt are expected to nearly double to 32% of all handsets sold by 2016, according to a new report from Pyramid Research. 'Egypt: Fixed and Mobile Data Service Revenue to Double by 2016' offers a precise profile of the country's telecommunications, media and technology sectors based on proprietary data from Pyramid's research in the market.