Raya Holding secures $15m from Africa50 for Tier III data centre
Raya Holding for Financial Investments has announced a strategic $15m investment in its subsidiary, Raya Data Centre (RDC), from Africa50, a pan-African infrastructure investor and asset manager. This funding, paired with an additional $10m from Raya Information Technology, brings the
Facebook launches “Discover on Facebook” campaign in Egypt
Facebook has launched a new campaign in Egypt, “Discover on Facebook,” aiming to highlight the platform’s role in fostering community and enabling social discovery beyond simply connecting with friends and family. The campaign emphasizes Facebook’s utility in facilitating connections based
India’s Uttarakhand State 1st to Use AI for Forest Conservation
Uttarakhand, an Indian state, has become the first in the country to integrate artificial intelligence (AI) into its forest management strategies. This initiative, reported by News9, a partner of TV BRICS, aims to improve biodiversity conservation, climate change adaptation, and
Madbouly reviews Egypt’s wheat procurement strategy
Egypt’s Prime Minister Mostafa Madbouly chaired a meeting Monday to review the country’s wheat procurement strategy. The meeting, attended by key ministers and agency heads, focused on ensuring sufficient wheat supplies to meet the needs of Egypt’s growing population. Attendees
Generative AI cuts HR labour time by up to 20%: Study
Generative artificial intelligence (AI) is reshaping the human resources (HR) profession, offering opportunities to enhance efficiency and infuse processes with a more human touch. According to a new study by Bain & Company, generative AI can help companies save an
Flexus by Huawei Cloud Launches at Cairo ICT 2024: A Game-Changer for Egyptian Cloud Computing
Huawei Cloud unveiled Flexus, a revolutionary package of cloud services that aims to reinvent cloud computing for companies in Egypt. This launch aligns with Huawei’s ongoing commitment to driving digital transformation and fostering innovation in Egypt’s industries. The announcement was
Egypt hosts 2nd Global Dialogue on AI Governance
Amr Talaat, Egypt’s Minister of Communications and Information Technology, presided over the closing session of the second Global Dialogue on Artificial Intelligence (AI) Governance. Held in Egypt from 19 to 21 November, the event convened members of the African Union
ADIB Egypt invests EGP 1bn in technological infrastructure, digital transformation
Abu Dhabi Islamic Bank Egypt (ADIB) has announced plans to invest approximately EGP 1bn in technology and digital transformation, alongside expenditures on cybersecurity enhancements. This announcement was made during the bank’s participation in the 28th Cairo ICT Exhibition, held from
Qualified entities for NBFC licences must have data protection systems: FRA
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), and Ibrahim Sarhan, Chairperson of e-finance, have participated in a panel discussion at the 28th Cairo International Exhibition for Communications and Information Technology (Cairo ICT). Farid said that the Authority
e& Egypt Joins Cairo ICT 2024 with Innovative Tech Solutions
e& Egypt, a leader in integrated telecommunications and information technology, is participating in the 28th edition of the Cairo ICT 2024 exhibition. The event runs from November 17 to 20, under the patronage of President Abdel Fattah El-Sisi and the