Author: Follow ICT

As the global economy undergoes strategic transformations and faces violent disruptions in stock markets due to the trade war initiated by President Donald Trump—who imposed sweeping tariffs on goods imported into the United States from several countries, particularly key trading partners like China, India, and the European Union (EU)—Egypt finds itself in a unique position. Following these tariffs, China retaliated by raising tariffs on imported American goods by an additional 34%. These tariffs have sparked fears of a global trade war, with over 180 countries and regions caught in the crossfire of reciprocal tariffs aimed at protecting American industries from…

In a landmark step for digital transformation in Egypt and the region, Edraky—a global SAP platinum partner and a member of the United VARs alliance—has successfully led a sweeping digital overhaul for ENPPI, internationally recognized as a major engineering, EPC main contractor and management contractor, with decades of experience in onshore and offshore projects in the oil and gas, refining and petrochemical industries. This achievement marks a qualitative leap, reflecting the shared vision of Edraky and ENPPI to adopt cutting-edge digital technologies that enhance operational efficiency and drive innovation in a sector widely regarded as the backbone of the global…

Under the official patronage of the Ministries of Planning, Economic Development and International Cooperation, Social Solidarity, and Environment, the Annual Forum for CSR and Sustainable Development in Egypt honored Ms. Hana Taha, Head of Media Relations at The PROs Public Relations and Communications Company, with the prestigious “Athar Award for Best Practices in CSR and Sustainability.” This recognition celebrates her outstanding contributions to promoting sustainability, corporate social responsibility, and empowering women in the media sector and community development. Expressing her gratitude for the award, Hana Taha emphasized that sustainability and social responsibility are not just trends but essential pillars for…

Fawry, Egypt’s leading fintech company, has signed a strategic agreement with Contact Financial Holding, Egypt’s leading non-banking financial services provider, to broaden their partnership by integrating Contact’s Buy Now, Pay Later (BNPL) service into Fawry’s vast payment network, which includes over 370,000 POSs and its online platform. Under this partnership, Fawry’s integrated digital payment solutions will be available to Contact’s customers, offering them convenient and diverse options to pay installments and finance their purchases with ease. This partnership goes beyond the “Buy Now, Pay Later” (BNPL) service, extending to various fintech areas, including electronic payment solutions, bill collection, and more,…

Zoho Corp, a leading global technology company, has launched Projects Plus, a new, collaborative platform designed to simplify and enhance project management for mid-sized and large businesses across the MENA region. With native integration tools like Zoho Projects, WorkDrive, Analytics, and Sprints, Projects Plus streamlines project workflows, file management, real-time business intelligence, and flexible collaboration, supporting both flexible “Agile” and structured “Waterfall” project management methodologies. Building on the success of Zoho Projects, which saw rapid growth in 2024 with 55% of new users migrating from tools like Microsoft Project and JIRA, Projects Plus addresses the operational complexities faced by organisations…

AliExpress, an international online retail marketplace, announced today a significant expansion in its payment options for shoppers across Africa to elevate online shopping in the continent. This initiative follows AliExpress’ introduction of various local mobile payment methods last year, which was welcomed by consumers seeking better access to global products. Starting this March, AliExpress has extended its local-currency payment capabilities to several African countries, including Egypt, South Africa, Algeria, Ethiopia, Morocco and Tanzania, aiming to provide a more seamless and secure payment experience for local consumers. The expansion builds on the successful integration of M-Pesa in Kenya and Opay and…

talabat Egypt, the leading online ordering technology platform in the Middle East and North Africa, organized a panel discussion titled “Enhancing Egypt’s Investment Climate with a special focus on Technology Investment” in collaboration with N GAGE Consulting. The session aimed to strengthen communication mechanisms between the government and the private sector. The event was attended by Hossam Heiba, President of the General Authority for Investment and Free Zones (GAFI), Eng. Ahmed El Zaher, ITIDA CEO, Dr. Heba Saleh, Chairwoman of the Information Technology Institute (ITI), and Hossam El Garrahy, Vice chairman of the General Authority for Supply Commodities. Additionally, members…

HC Brokerage, one of Egypt’s leading securities brokerage firms, has announced the signing of a cooperation agreement with FawryPlus for Banking Services. The partnership aims to simplify trading in the stock market, in line with HC’s strategy to expand its service offerings and enhance accessibility for clients across Egypt. Under this agreement, HC clients will be able to open securities brokerage accounts, complete bookkeeping procedures, and sign online trading contracts, among other services, through FawryPlus’ extensive branch network across all governorates. This eliminates the need for clients to visit HC branches or wait for company representatives. Commenting on this strategic…

The artificial intelligence (AI) realm witnesses rapid developments around the world, reshaping the world of digital transformation and accelerating the pace of AI adoption. In this weekly newsletter, FollowICT is highlighting the most important news and advancements in AI around the globe. Microsoft is Developing AI Inference Models to Compete with OpenAI Microsoft is developing AI inference models internally to compete with OpenAI, which it may sell to developers, according to The Information. Microsoft has been looking to reduce its reliance on ChatGPT, even though its early partnership with the startup positioned it as a leader among major tech companies…

In a significant stride towards enhancing core network construction across Egypt, Telecom Egypt, a prominent telecommunications firm, has partnered with Huawei to lead the way in innovative technologies. These initiatives include the largest fixed-network IMS in Africa and the lightweight SBC based on bare-metal, supporting the deployment of simplified voice core network that is energy-effective in the future. On top of that, Telecom Egypt is preparing the brand new cloudified ENUM to fulfill the potential growth for VoBB in further years. Ultra Large Capacity IMS for VoBB Telecom Egypt and Huawei have achieved a significant milestone in African telecommunications by…